SIERRA BANCORP
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $19.5M | $17.6M | $18.1M | $15.2M | $13.4M | $8.2M | $7.8M | $7.4M |
| Depreciation & Amortization | $3.0M | $2.6M | $2.3M | $2.1M | $2.1M | $2.3M | $2.5M | $2.5M |
| Depreciation | $2.9M | — | — | — | — | — | — | — |
| Amortization | $508.0K | $272.0K | $134.0K | $11.0K | $0 | $0 | — | — |
| Stock-Based Compensation | $476.0K | $188.0K | $35.0K | $181.0K | $268.0K | $487.0K | $460.0K | $385.0K |
| Net Cash from Operating Activities | $40.7M | $15.6M | $28.7M | $28.5M | $34.5M | $38.7M | $34.6M | $32.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $2.1M | $3.6M | $2.5M | $2.4M | $667.0K | $3.4M | $2.7M | $2.5M |
| Business Acquisitions | $-61.6M | $-15.7M | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-51.7M | $-21.3M | — | $-144.7M | $20.6M | $-132.3M | $-51.3M | $-1.3M |
| Financing Activities | ||||||||
| Dividends Paid | $7.9M | $6.5M | $5.7M | $4.8M | $3.7M | $3.4M | $3.4M | $2.9M |
| Stock Repurchases | $0 | $2.3M | $8.0M | $10.2M | $0 | $0 | $23.0K | $-21.9M |
| Net Cash from Financing Activities | $-39.3M | $77.6M | — | $88.3M | $-39.0M | $92.4M | $37.1M | $-54.3M |
| Net Change in Cash | $-50.3M | $71.8M | $-1.5M | $-27.9M | $16.2M | $-1.2M | $20.4M | $-23.6M |
| Free Cash Flow | $38.5M | $12.0M | $26.2M | $26.2M | $33.9M | $35.3M | $31.9M | $29.5M |