DELUXE CORPORATION
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $230.2M | $229.4M | $218.6M | $199.8M | $186.7M | $170.5M | $144.6M | $152.6M |
| Depreciation & Amortization | $122.7M | $91.6M | $76.7M | $65.8M | $64.5M | $65.7M | $73.3M | $73.9M |
| Depreciation | $15.9M | $14.5M | $16.0M | $16.8M | $17.8M | $19.9M | $21.5M | $20.9M |
| Amortization | — | — | — | — | — | — | $51.8M | $53.0M |
| Stock-Based Compensation | $15.1M | $12.5M | $11.9M | $9.8M | $7.6M | $7.3M | $5.7M | $6.2M |
| Net Cash from Operating Activities | $338.4M | $319.3M | $309.6M | $285.1M | $261.5M | $244.1M | $235.4M | $212.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $47.5M | $46.6M | $43.3M | $41.1M | $37.5M | $35.2M | $35.5M | $43.9M |
| Business Acquisitions | $139.2M | $239.7M | $213.0M | $105.0M | $69.7M | $34.2M | $85.6M | $98.6M |
| Net Cash from Investing Activities | $-180.9M | — | — | — | — | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | $58.1M | $58.7M | $59.8M | $57.6M | $50.7M | $50.9M | $51.1M | $51.4M |
| Stock Repurchases | $65.0M | $55.2M | $60.0M | $60.1M | $48.8M | $27.2M | $23.6M | $3.0M |
| Net Cash from Financing Activities | $-183.0M | — | — | — | — | — | — | — |
| Net Change in Cash | $-17.3M | $14.1M | $886.0K | $-59.5M | $75.7M | $16.7M | $11.3M | $4.6M |
| Free Cash Flow | $291.0M | $272.7M | $266.4M | $244.0M | $224.0M | $208.9M | $199.9M | $168.7M |