AudioCodes Ltd.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $4.0M | $16.2M | $366.0K | $-86.0K | $4.2M | $-4.2M | $7.2M | $12.1M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $1.6M | $1.7M | $1.8M | $1.9M | $2.0M | $1.8M | $1.9M | $2.8M |
| Amortization | $832.0K | $1.2M | $1.2M | $1.4M | $1.2M | — | — | — |
| Stock-Based Compensation | $2.3M | $2.4M | $2.4M | $2.5M | $1.7M | $1.5M | $2.3M | $1.4M |
| Net Cash from Operating Activities | $17.8M | $18.3M | $17.6M | $6.0M | $14.1M | $3.0M | $-1.3M | $16.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.6M | $1.5M | $2.0M | $2.5M | $1.6M | $2.0M | $1.6M | $1.6M |
| Business Acquisitions | $0 | $0 | $2.0M | $0 | $395.0K | — | — | — |
| Net Cash from Investing Activities | $8.4M | $14.1M | $4.3M | — | $8.7M | $1.4M | $-35.5M | $-1.5M |
| Financing Activities | ||||||||
| Dividends Paid | $0 | $0 | — | — | — | — | — | — |
| Stock Repurchases | $25.6M | $29.4M | $19.5M | $5.3M | $0 | $6.9M | $3.8M | $0 |
| Net Cash from Financing Activities | $-26.3M | $-27.0M | $-17.8M | — | $-7.2M | $-17.4M | $14.7M | $-3.6M |
| Net Change in Cash | $-109.0K | $5.4M | $4.1M | $-16.0M | $15.5M | $-13.0M | $-22.1M | $11.3M |
| Free Cash Flow | $16.2M | $16.9M | $15.6M | $3.4M | $12.5M | $990.0K | $-2.9M | $14.8M |