Blackbaud, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $73.6M | $45.4M | $25.6M | $28.3M | $30.5M | $6.6M | $33.2M | $29.2M |
| Depreciation & Amortization | $73.9M | $70.5M | $56.0M | $45.4M | $43.2M | $32.2M | $17.0M | $16.2M |
| Depreciation | $17.8M | $19.8M | $18.5M | $17.3M | $17.5M | $14.5M | $9.4M | $9.1M |
| Amortization | $3.3M | $2.8M | $2.2M | $1.8M | $2.5M | $2.1M | $980.0K | $798.0K |
| Stock-Based Compensation | $40.6M | $32.6M | $25.2M | $17.3M | $16.9M | $19.2M | $14.9M | $13.1M |
| Net Cash from Operating Activities | $176.3M | $153.6M | $129.2M | $116.9M | $107.2M | $68.7M | $85.5M | $56.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $10.2M | $17.7M | $18.6M | $13.9M | $20.1M | $20.6M | $18.2M | $10.8M |
| Business Acquisitions | $146.8M | $3.4M | $106.7M | $188.9M | $876.0K | $280.7M | $23.4M | $5.3M |
| Net Cash from Investing Activities | $-184.9M | $-47.4M | $-141.4M | $-211.4M | $-24.2M | $-302.5M | $-41.7M | $-18.4M |
| Financing Activities | ||||||||
| Dividends Paid | $23.1M | $22.8M | $22.5M | $22.1M | $22.1M | $21.7M | $21.4M | $19.5M |
| Stock Repurchases | — | — | — | — | — | $0 | $0 | $22.6M |
| Net Cash from Financing Activities | $278.6M | $-8.5M | $129.8M | $97.4M | $-84.3M | $194.6M | $-19.3M | $-32.7M |
| Net Change in Cash | $269.5M | $1.5M | $627.0K | $2.8M | $-1.6M | $-39.0M | $24.5M | $5.2M |
| Free Cash Flow | $166.1M | $135.9M | $110.6M | $103.0M | $87.2M | $48.1M | $67.3M | $45.3M |