Flow Cytometry to learn about Cell cycle
The basis of analysing flow cytometry data in regard to the cell cycle is the fact that DNA synthesis occurs in S-phase and therefore cells before S-Phase (G0/G1) have half the amount of DNA compared to cells after S-phase (G2). [M-phase lasts to short to be of any relevance for this kind of analysis]. Signals that have less DNA than the cells from G0/G1 phase are either artefacts or apoptotic cells with fractured DNA (these are labelled as sub G1).

In order to measure the amount of DNA per cell the dye PI (propidium iodide) is used, since its quantitatively binds to DNA. Therefore the distribution of the PI signal can taken as a distribution of the different stages of the cell cycle.

This wikipedia article also explains the analysis in more detail and provides further references.