Overall, we believe we are doing good job controlling operating expenses while managing the significant growth we have achieved during the past several quarters. As the result, our second quarter operating margin expanded to 25.8%.In addition, our share focus on working capital management continues to result an improvement in many of the key balance sheet metrics. During the second quarter, cash and short-term investments increased by nearly 21 millions to a balance of $104 million. Our second quarter cash flow from operations increased to nearly 27 million up significantly from approximately 18 million in the prior quarter.
Micrel, Incorporated Q2 2010 Earnings Call Transcript
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