Valassis Communications

(NYSE:VCI)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Cash Flow Statement
Cash At Beginning Of Period — 125,239 125,239 52,619
Cash At End Of Period — 191,827 93,482 125,239
Net Change In Cash And Cash Equivalents — 66,588 -31,757 72,620
Effect Of Exchange Rate Changes — 237 339 1,914
Net Income Or Loss — 19,716 12,382 58,002
Cash From Operating Activities
Depreciation Expenses — 34,823 17,638 54,592
Amortization Expenses — 1,767 993 3,484
Amortization Of Intangibles Expenses — — — 7,915
Deferred Income Taxes — -12,734 1,980 3,648
Operating Gains Or Losses — -953 -228 -1,794
Extraordinary Gains Or Losses — — — —
Increase Or Decrease In Receivables — 98,194 51,999 3,411
Increase Or Decrease In Inventories — -9,192 -6,518 -11,613
Increase Or Decrease In Prepaid Expenses — -6,528 -5,386 9,013
Increase Or Decrease In Other Current Assets — -6,528 -5,386 9,013
Increase Or Decrease In Payables — — — —
Increase Or Decrease In Other Current Liabilities — -63,781 -57,262 15,063
Increase Or Decrease In Other Working Capital — 11,644 -15,694 -8,453
Other Non Cash Items — 287 -928 7,953
Net Cash From Continuing Operations — 7,792 4,425 15,611
Net Cash From Discontinued Operations — 81,035 3,401 156,832
Net Cash From Operating Activities — — — —
Cash From Investing Activities
Sale Of Property Plant And Equipment — 28,876 — —
Sale Of Long Term Investments — — — —
Sale Of Short Term Investments — — — —
Purchase Of Property Plant And Equipment — -15,696 -9,022 -30,545
Acquisitions — — — -1,187,874
Purchase Of Long Term Investments — — — -1,000
Purchase Of Short Term Investments — — — -156,335
Other Investing Changes Net — — — -604
Cash From Discontinued Investing Activities — — — —
Net Cash From Investing Activities — 13,180 -9,022 -1,117,489
Cash From Financing Activities
Issuance Of Debt — 29 — —
Issuance Of Capital Stock — -187,893 -26,475 -98,637
Repayment Of Debt — — — —
Repurchase Of Capital Stock — — — —
Payment Of Cash Dividends — — — —
Net Other Financing Charges — — — —
Cash From Discontinued Financing Activities — — — —
Net Cash From Financing Activities — -27,864 -26,475 1,031,363