CLEARFIELD, INC.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $3.8M | $8.0M | $4.7M | $5.4M | $4.7M | $7.7M | $6.2M | $1.2M |
| Depreciation & Amortization | $1.6M | $1.4M | $1.2M | $699.9K | $476.4K | $404.8K | $358.5K | $498.0K |
| Depreciation | $1.6M | $1.4M | $1.2M | $699.3K | $475.5K | $403.9K | $358.5K | — |
| Amortization | $7.8K | $3.3K | — | — | — | — | — | — |
| Stock-Based Compensation | $2.3M | $1.4M | $1.1M | $794.9K | $753.7K | $470.7K | $535.3K | $167.7K |
| Net Cash from Operating Activities | $6.3M | $11.6M | $6.8M | $11.5M | $4.3M | $3.8M | $5.3M | $629.3K |
| Investing Activities | ||||||||
| Capital Expenditures | $2.0M | $1.6M | $4.5M | $1.4M | $1.0M | $550.6K | $745.8K | $452.7K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-11.5M | $-1.6M | $-5.7M | $-3.6M | $-113.8K | $-9.7M | $417.8K | $-91.9K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $3.6M | $333.8K | $849.2K | — | — | — | — | — |
| Net Cash from Financing Activities | $-4.2M | $32.0K | $-1.2M | $440.9K | $-95.4K | $284.8K | $280.3K | $16.5K |
| Net Change in Cash | $-9.5M | $9.9M | $-120.3K | $8.4M | $4.1M | $-5.6M | $6.0M | $554.0K |
| Free Cash Flow | $4.3M | $10.0M | $2.3M | $10.1M | $3.3M | $3.3M | $4.6M | $176.7K |