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Questcor Reports Fourth Quarter and Full Year 2012 Results
Date:2/26/2013

p>36,557Cash Flows From Investing ActivitiesPurchase of short-term investments

(145,384)

(162,301)

(106,647)Proceeds from the sale and maturities of short-term investments

191,105

112,636

62,560Purchase of property, equipment and leasehold improvements

(1,065)

(1,823)

(713)Changes in deposits and other assets

(14)

9

645Net cash provided by /(used in) investing activities

44,642

(51,479)

(44,155)Cash Flows From Financing ActivitiesIncome tax benefit realized from share-based compensation plans

7,488

17,712

1,335Issuance of common stock, net

6,335

6,582

1,942Dividends paid

(23,533)

—Repurchase of common stock

(261,830)

(11,453)

—Net cash (used in) / provided by financing activities

(271,540)

12,841

3,277(Decrease) / increase in cash and cash equivalents

(7,861)

46,961

(4,321)Cash and cash equivalents at beginning of year

88,469

41,508

45,829Cash and cash equivalents at end of year

$  80,608

$ 88,469

$ 41,508Supplemental Disclosures of Cash Flow Information:Cash paid for interest

$
23

$$
7Cash paid for income taxes

$  77,556

$ 25,278

$ 23,185Supplemental disclosure of non-cash investing and financing activities:Capital lease obligation

$
31

$
34

$
8212;


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SOURCE Questcor Pharmaceuticals, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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