Applied Industrial Technologies, Inc.
Cash Flow Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $141.6M | $133.9M | $29.6M | $115.5M | $112.8M | $118.1M | $108.8M | $96.8M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $17.8M | $15.3M | $16.0M | $16.6M | $14.0M | $12.5M | $11.2M | $11.2M |
| Amortization | $32.1M | $24.4M | $25.6M | $25.8M | $14.0M | $13.2M | $11.5M | $11.4M |
| Stock-Based Compensation | $4.7M | $3.6M | $2.5M | — | — | — | — | — |
| Net Cash from Operating Activities | $147.3M | $164.6M | $162.0M | $157.0M | $110.1M | $111.4M | $90.4M | $76.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $23.2M | $17.0M | $13.1M | $14.9M | $20.2M | $12.2M | $26.0M | $20.4M |
| Business Acquisitions | $775.7M | $2.8M | $62.5M | $160.6M | $184.3M | $67.6M | $14.7M | $30.5M |
| Net Cash from Investing Activities | $-797.9M | $-16.9M | $-75.0M | $-173.6M | $-203.6M | $-78.8M | $-39.4M | $-47.9M |
| Financing Activities | ||||||||
| Dividends Paid | $45.9M | $44.6M | $43.3M | $42.7M | $40.4M | $37.2M | $33.8M | $29.8M |
| Stock Repurchases | $22.8M | $8.2M | $37.5M | $76.5M | $36.7M | $53.0K | $31.0M | $6.1M |
| Net Cash from Financing Activities | $600.3M | $-103.3M | $-93.0M | $22.2M | $92.1M | $-38.0M | $-60.8M | $-116.5M |
| Net Change in Cash | $-50.9M | $45.2M | $-9.6M | $-1.7M | $-2.0M | $-5.3M | $-12.7M | $-84.7M |
| Free Cash Flow | $124.1M | $147.6M | $148.9M | $142.1M | $89.9M | $99.2M | $64.4M | $56.4M |