ADTRAN Holdings, Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $74.2M | $78.6M |
| Depreciation & Amortization | $10.1M | $9.9M |
| Depreciation | $10.0M | — |
| Amortization | $100.0K | — |
| Stock-Based Compensation | $7.0M | $7.3M |
| Net Cash from Operating Activities | $90.2M | $115.8M |
| Investing Activities | ||
| Capital Expenditures | $8.7M | $9.5M |
| Business Acquisitions | $1.4M | — |
| Net Cash from Investing Activities | $-86.0M | $-3.6M |
| Financing Activities | ||
| Dividends Paid | $22.5M | $22.9M |
| Stock Repurchases | $15.9M | $63.6M |
| Net Cash from Financing Activities | $-24.4M | $-82.4M |
| Net Change in Cash | $-20.2M | $29.8M |
| Free Cash Flow | $81.4M | $106.3M |