Covenant Logistics Group, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $55.4M | $16.8M | $42.1M | $17.8M | $5.2M | $6.1M | $-14.3M | $3.3M |
| Depreciation & Amortization | $72.4M | $71.6M | $62.0M | $49.0M | $44.5M | $43.2M | $46.3M | $51.8M |
| Depreciation | $71.4M | $71.4M | $61.9M | $49.0M | $44.2M | $47.8M | $52.6M | $55.5M |
| Amortization | $200.0K | $200.0K | $100.0K | $100.0K | $200.0K | $300.0K | $400.0K | — |
| Stock-Based Compensation | — | $1.2M | $1.3M | $1.3M | $690.0K | $1.2M | $1.0M | $1.1M |
| Net Cash from Operating Activities | $82.9M | $102.4M | $85.5M | $73.7M | $40.4M | $55.1M | $32.1M | $70.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $110.8M | $112.8M | $182.0M | $163.7M | $135.9M | $41.8M | $114.8M | $137.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-62.1M | $-47.3M | $-147.7M | $-84.6M | $-84.4M | $13.2M | $-50.7M | $-82.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | $5.0M | — | — | — | — | — |
| Net Cash from Financing Activities | $-13.2M | $-51.9M | $45.4M | $22.9M | $46.4M | $-65.3M | $13.2M | $8.6M |
| Net Change in Cash | $7.6M | $3.3M | $-16.8M | $12.1M | $2.4M | $3.0M | $-5.5M | $-2.9M |
| Free Cash Flow | $-27.9M | $-10.4M | $-96.5M | $-89.9M | $-95.5M | $13.3M | $-82.7M | $-66.5M |