AAR Corp.
Cash Flow Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $15.6M | $56.5M | $47.7M | $10.2M | $72.9M | $55.0M | $67.7M | $69.8M |
| Depreciation & Amortization | $40.5M | $35.7M | $33.2M | $58.0M | $64.7M | $79.7M | $72.0M | $59.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $4.7M | $4.2M | $4.4M | $4.6M | $4.7M | $7.7M | $13.0M | $9.6M |
| Stock-Based Compensation | $15.3M | $11.0M | $6.5M | $7.4M | $8.6M | $11.1M | $12.5M | $12.3M |
| Net Cash from Operating Activities | $64.3M | $21.8M | $32.1M | $-43.0M | $139.8M | $162.9M | $94.2M | $108.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $22.0M | $25.2M | $40.1M | $42.1M | $20.8M | $37.6M | $91.2M | $124.9M |
| Business Acquisitions | $22.9M | $12.5M | $4.8M | $1.0M | $15.3M | $21.3M | $298.1M | — |
| Net Cash from Investing Activities | $-42.9M | $-30.1M | $-16.9M | $689.2M | $-40.9M | $-32.8M | $-390.2M | $-118.7M |
| Financing Activities | ||||||||
| Dividends Paid | $10.3M | $10.2M | $10.4M | $11.9M | $11.8M | $12.8M | $12.1M | $3.0M |
| Stock Repurchases | $13.1M | $19.8M | $18.8M | $151.5M | $1.0M | $14.6M | $3.7M | $2.5M |
| Net Cash from Financing Activities | $10.0M | $-12.1M | $-38.4M | $-678.1M | $-85.9M | $-123.7M | $306.8M | $-11.8M |
| Net Change in Cash | $31.3M | $-20.9M | $-23.5M | $-34.5M | $13.9M | $7.6M | $10.3M | $-22.0M |
| Free Cash Flow | $42.3M | $-3.4M | $-8.0M | $-85.1M | $119.0M | $125.3M | $3.0M | $-16.3M |