AEROVIRONMENT, INC.
Cash Flow Statement
| Line Item | FY2010 |
|---|---|
| Operating Activities | |
| Net Income | $20.7M |
| Depreciation & Amortization | $9.0M |
| Depreciation | — |
| Amortization | — |
| Stock-Based Compensation | $1.7M |
| Net Cash from Operating Activities | $36.0M |
| Investing Activities | |
| Capital Expenditures | $10.8M |
| Business Acquisitions | — |
| Net Cash from Investing Activities | — |
| Financing Activities | |
| Dividends Paid | — |
| Stock Repurchases | — |
| Net Cash from Financing Activities | — |
| Net Change in Cash | — |
| Free Cash Flow | $25.2M |
Remember, things are never clear until it’s too late.