Armstrong World Industries, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $119.6M | $104.7M | $94.2M | $63.8M | $94.1M | $131.3M | $112.4M | $11.0M |
| Depreciation & Amortization | $89.2M | $89.2M | $118.3M | $129.4M | $109.0M | $112.7M | $113.8M | $143.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $14.6M | $13.9M | $14.0M | $14.0M | $14.4M | $14.1M | $14.0M | $13.9M |
| Stock-Based Compensation | $10.2M | $12.4M | $13.4M | $12.7M | $15.9M | $15.6M | $11.1M | $5.0M |
| Net Cash from Operating Activities | $170.4M | $49.3M | $203.7M | $208.8M | $213.7M | $220.0M | $199.7M | $191.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $89.7M | $104.2M | $170.7M | $222.9M | $213.7M | $198.8M | $150.6M | $92.7M |
| Business Acquisitions | $31.2M | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-54.2M | $-17.0M | $-101.5M | $-149.3M | $-145.8M | $-91.9M | $-9.5M | $-42.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | $1.2M | $1.3M | $1.4M | $507.1M | $300.0K | $798.6M |
| Stock Repurchases | $80.4M | $43.8M | — | — | $261.4M | — | — | — |
| Net Cash from Financing Activities | $-102.7M | $-128.9M | $-32.3M | $3.3M | $-263.7M | $-273.7M | $-28.8M | $-409.0M |
| Net Change in Cash | $17.7M | $-102.9M | $59.5M | $50.1M | $-201.2M | $-144.2M | $164.8M | $-253.7M |
| Free Cash Flow | $80.7M | $-54.9M | $33.0M | $-14.1M | $0 | $21.2M | $49.1M | $99.1M |