DELUXE CORPORATION
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $99.4M | $101.6M |
| Depreciation & Amortization | $67.8M | — |
| Depreciation | $22.5M | $21.9M |
| Amortization | $45.3M | — |
| Stock-Based Compensation | $6.7M | $9.7M |
| Net Cash from Operating Activities | $206.4M | $198.5M |
| Investing Activities | ||
| Capital Expenditures | — | — |
| Business Acquisitions | $30.8M | $104.9M |
| Net Cash from Investing Activities | — | — |
| Financing Activities | ||
| Dividends Paid | $51.3M | $51.4M |
| Stock Repurchases | $1.3M | $21.8M |
| Net Cash from Financing Activities | — | — |
| Net Change in Cash | $-2.8M | $-6.0M |
| Free Cash Flow | — | — |