CBIZ, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $50.4M | $40.1M | $34.1M | $29.8M | $85.9M | $31.1M | $28.0M | $24.5M |
| Depreciation & Amortization | $23.1M | $22.1M | $20.4M | $19.8M | $18.3M | $16.1M | $15.3M | $20.3M |
| Depreciation | $5.3M | $5.4M | $5.7M | $5.4M | $4.8M | $4.7M | — | — |
| Amortization | — | — | $14.7M | $14.5M | $13.5M | $11.5M | $10.6M | $13.0M |
| Stock-Based Compensation | — | — | — | — | $5.7M | $5.9M | $6.0M | $5.3M |
| Net Cash from Operating Activities | $77.0M | $74.1M | $47.4M | $43.9M | $-1.5M | $54.0M | $58.2M | $53.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $11.9M | $4.1M | $7.4M | $4.8M | $6.2M | $2.4M | $3.9M | $2.7M |
| Business Acquisitions | $28.1M | $5.7M | $14.6M | $46.0M | $9.7M | $87.9M | $27.4M | $49.4M |
| Net Cash from Investing Activities | $-48.7M | $-9.8M | $-6.9M | $-63.9M | $175.0M | $-104.3M | $-55.6M | $-30.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $19.7M | $9.1M | $36.5M | $28.1M | $26.5M | $5.7M | $9.5M | $86.2M |
| Net Cash from Financing Activities | $-45.6M | $-18.4M | — | — | $-173.6M | $49.6M | $-1.7M | $-29.5M |
| Net Change in Cash | $-3.1M | $2.6M | $-129.0K | $208.0K | $-128.0K | $-714.0K | $889.0K | $-6.5M |
| Free Cash Flow | $65.1M | $69.9M | $40.0M | $39.1M | $-7.7M | $51.6M | $54.3M | $50.5M |