STEC, Inc.

(NASDAQ:STEC)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007	Sep 30, 2007
Assets
Current Assets
Cash & Equivalents	62,847	73,669	94,326	105,223
Restricted Cash	—	—	—	—
Marketable Securities	—	—	—	—
Accounts Receivable	32,901	32,064	34,288	29,782
Loans Receivable	—	—	—	—
Other Receivable	—	—	—	—
Receivables	32,901	32,064	34,288	29,782
Raw Materials	71,991	25,551	20,105	23,878
Work in Progress	649	514	772	703
Purchased Components	—	—	—	—
Finished Goods	6,275	13,207	10,679	8,883
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	—	—	—	-2,984
Inventories	78,915	39,272	31,556	30,480
Prepaid Expenses	—	—	—	—
Current Deferred Income Taxes	1,980	638	1,241	850
Other Current Assets	4,210	5,897	3,028	1,339
Total Current Assets	180,853	151,540	164,439	167,674
Land and Improvements	—	2,618	2,662	—
Building and Improvements	—	—	16,643	—
Machinery Furniture and Equipment	—	—	46,449	56,700
Construction in Progress	—	—	—	—
Other Fixed Assets	73,602	65,919	—	—
Total Fixed Assets	73,602	68,537	65,754	56,700
Gross Fixed Assets	73,602	68,537	65,754	56,700
Accumulated Depreciation and Depletion	27,826	27,826	27,826	23,970
Net Fixed Assets	45,776	40,711	37,928	32,730
Intangibles	870	965	1,060	1,154
Cost in Excess	1,682	1,682	1,682	1,682
Non Current Deferred Income Taxes	3,644	3,590	3,578	3,975
Other Non Current Assets	1,689	8,015	997	958
Total Non Current Assets	53,661	54,963	45,245	40,499
Total Assets	234,514	206,503	209,684	208,173
Liabilities
Current Liabilities
Accounts Payable	40,243	22,709	16,638	16,285
Notes Payable	—	—	—	—
Short Term Debt	—	—	—	—
Accrued Expenses	—	—	—	—
Accrued Liabilities	8,008	5,884	5,604	6,688
Deferred Revenues	—	—	—	—
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	62	1,549	1,048	—
Total Current Liabilities	48,313	30,142	23,290	22,973
Non Current Liabilities
Long Term Debt	—	—	—	—
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	—	—	—	—
Other Non Current Liabilities	875	862	849	1,416
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	49,188	31,004	24,139	24,389
Total Liabilities	875	862	849	1,416
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	185,326	175,499	185,545	183,784
Common Par	50	49	50	50
Additional Paid in Capital	134,464	126,052	137,942	137,293
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	50,812	49,398	47,553	46,441
Treasury Stock	—	—	—	—
Other Equity Adjustments	—	—	—	—
Total Capitalization	185,326	175,499	185,545	183,784
Cash Flow	11,836	10,720	14,713	23,987
Working Capital	132,540	121,398	141,149	144,701
Free Cash Flow	-27,418	-1,945	44,805	55,909
Invested Capital	185,326	175,499	185,545	183,784
Total Equity	185,326	175,499	185,545	183,784
Total Liabilities and Stock Equity	234,514	206,503	209,684	208,173

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Assets
Current Assets
Cash & Equivalents	94,326	40,907	60,006	73,346
Restricted Cash	—	—	—	—
Marketable Securities	—	—	—	9,972
Accounts Receivable	34,288	68,726	38,630	37,047
Loans Receivable	—	—	—	—
Other Receivable	—	—	—	—
Receivables	34,288	68,726	38,630	37,047
Raw Materials	20,105	43,445	22,994	12,316
Work in Progress	772	1,830	1,132	1,541
Purchased Components	—	—	—	—
Finished Goods	10,679	32,854	14,938	6,485
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	—	-2,699	-1,956	-1,340
Inventories	31,556	75,430	37,108	19,002
Prepaid Expenses	—	—	—	—
Current Deferred Income Taxes	1,241	1,521	1,410	1,515
Other Current Assets	3,028	1,691	5,139	2,663
Total Current Assets	164,439	188,275	142,293	143,545
Land and Improvements	2,662	—	—	—
Building and Improvements	16,643	—	—	—
Machinery Furniture and Equipment	46,449	35,834	28,700	24,875
Construction in Progress	—	—	—	—
Other Fixed Assets	—	—	—	—
Total Fixed Assets	65,754	35,834	28,700	24,875
Gross Fixed Assets	65,754	35,834	28,700	24,875
Accumulated Depreciation and Depletion	27,826	23,970	20,469	18,729
Net Fixed Assets	37,928	11,864	8,231	6,146
Intangibles	1,060	1,439	1,769	373
Cost in Excess	1,682	1,682	—	—
Non Current Deferred Income Taxes	3,578	2,973	2,515	3,345
Other Non Current Assets	997	423	333	—
Total Non Current Assets	45,245	18,381	12,848	9,864
Total Assets	209,684	206,656	155,141	153,409
Liabilities
Current Liabilities
Accounts Payable	16,638	28,546	20,564	16,553
Notes Payable	—	—	—	—
Short Term Debt	—	—	—	—
Accrued Expenses	—	—	—	—
Accrued Liabilities	5,604	9,094	7,195	5,428
Deferred Revenues	—	—	—	—
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	1,048	3,002	—	—
Total Current Liabilities	23,290	40,642	27,759	21,981
Non Current Liabilities
Long Term Debt	—	—	—	—
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	—	—	—	—
Other Non Current Liabilities	849	—	—	—
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	24,139	40,642	27,759	21,981
Total Liabilities	849	—	—	—
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	185,545	166,014	127,382	131,428
Common Par	50	49	45	47
Additional Paid in Capital	137,942	128,353	111,576	121,193
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	47,553	37,612	15,761	10,188
Treasury Stock	—	—	—	—
Other Equity Adjustments	—	—	—	—
Total Capitalization	185,545	166,014	127,382	131,428
Cash Flow	14,713	27,290	8,595	7,939
Working Capital	141,149	147,633	114,534	121,564
Free Cash Flow	44,805	-35,779	-12,946	8,647
Invested Capital	185,545	166,014	127,382	131,428
Total Equity	185,545	166,014	127,382	131,428
Total Liabilities and Stock Equity	209,684	206,656	155,141	153,409