Question-and-Answer Session
Operator
(Operator Instructions). And your first question comes from the line of Brett Hoselton from KeyBanc. You may proceed.
Brett Hoselton - KeyBanc Capital Markets
Hi John, hi George, how are you guys?
George Strickler
Hi Brett.
John Corey
Doing very well, how are you?
Brett Hoselton - KeyBanc Capital Markets
Doing well, congratulations on actually making a profit on an adjusted basis in the quarter. Not many suppliers are doing that these days.
John Corey
Thank you.
Brett Hoselton - KeyBanc Capital Markets
I wanted to -- can you run through the liquidity again George, just cash and then available lines and so forth.
George Strickler
Our cash is 927 in fact it's improved slightly in the year, Brett and our liquidity, we have a $100 million open revolver right now with our current its asset based. So we have availability under that line of roughly about $58 million and that's got a maturity in November 2011. And our long term bonds are presently at $183 million. As you remember we paid down $17 million earlier in 2008 which impacted our cash balance also, but that line goes out through May of 2012.
Brett Hoselton - KeyBanc Capital Markets
So, as of the end of the quarter you had $58 million available on a $100 million line, correct?
George Strickler
Right.
Brett Hoselton - KeyBanc Capital Markets
Okay. The cash flow positive, is that operating or free cash flow being less CapEx?
George Strickler
Well there is the $43 million is operating cash flow and the capital would be net of that. And I think one thing that we have indicated today that we are managing capital very tightly, looking at our customer products and platform launches and so that will be flexible item as we move forward. But for the current year and 2008, our operating cash flow was 42.5 and our capital expenditures were 24.6.
Brett Hoselton - KeyBanc Capital Markets
And I apologize George, what I was referring to is 2009, your outlook, you're anticipating positive cash flow and I am just wondering is that a positive operating cash flow or is that net of CapEx in your mind?
George Strickler
That's net of CapEx.
Brett Hoselton - KeyBanc Capital Markets
Okay. And then there is you call out restructuring in some of your release here. And I am wondering is that something that you would hope for us to do as we move forward or is it just something that you generally indicated? I mean, historically you have identified it, but you haven't necessarily called it out as a unique or one-time charge.
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