BRIGHT HORIZONS FAMILY SOLUTIONS INC.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $157.0M | $94.8M | $93.9M | $72.0M | $12.6M | $8.2M | $4.8M |
| Depreciation & Amortization | $94.8M | $85.3M | $78.7M | $77.4M | $72.8M | $61.3M | $55.5M |
| Depreciation | $62.2M | $55.6M | $50.7M | $48.4M | $42.7M | $34.4M | $28.0M |
| Amortization | $32.6M | $29.6M | $28.0M | $29.0M | $30.1M | $26.9M | $27.4M |
| Stock-Based Compensation | $12.1M | $11.6M | $9.2M | $7.9M | $10.7M | $17.6M | $1.2M |
| Net Cash from Operating Activities | $248.2M | $213.2M | $170.1M | $174.3M | $159.7M | $107.0M | $133.6M |
| Investing Activities | |||||||
| Capital Expenditures | $88.1M | $75.3M | $77.8M | $66.2M | $69.5M | $69.1M | $42.5M |
| Business Acquisitions | $21.5M | $228.7M | $77.6M | $13.2M | $129.8M | $111.8M | $57.3M |
| Net Cash from Investing Activities | $-105.3M | $-302.8M | $-155.4M | $-78.0M | $-201.1M | $-180.9M | $-95.0M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | $162.2M | $112.8M | $128.1M | $221.6M | $0 | $5.1M | — |
| Net Cash from Financing Activities | $-123.9M | $93.8M | $-90.6M | $-36.4M | $36.8M | $77.2M | $-23.3M |
| Net Change in Cash | $8.6M | $3.1M | $-76.3M | $58.3M | $-4.5M | $3.7M | $15.0M |
| Free Cash Flow | $160.1M | $137.9M | $92.3M | $108.1M | $90.2M | $37.9M | $91.1M |