EPAM Systems, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $72.8M | $99.3M | $84.5M | $69.6M | $62.0M | $54.5M | $44.4M | $28.3M |
| Depreciation & Amortization | $28.6M | $23.4M | $17.4M | $17.5M | $15.1M | $10.9M | $7.5M | $6.2M |
| Depreciation | $21.0M | $15.2M | $12.0M | $12.1M | $12.3M | $9.9M | $6.8M | $5.2M |
| Amortization | $7.6M | $8.2M | $5.4M | $5.3M | $2.8M | $1.0M | $779.0K | $999.0K |
| Stock-Based Compensation | $52.4M | $49.2M | $45.8M | $24.6M | $13.2M | $6.8M | $2.9M | $2.9M |
| Net Cash from Operating Activities | $192.8M | $167.2M | $76.4M | $104.9M | $58.2M | $48.5M | $54.5M | $20.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $29.8M | $29.3M | $13.3M | $11.9M | $13.4M | $13.4M | $15.5M | $8.4M |
| Business Acquisitions | $6.8M | $5.5M | $76.9M | $37.1M | $20.0K | $33.0M | $0 | $412.0K |
| Net Cash from Investing Activities | $-36.2M | $-9.3M | $-125.5M | $-52.9M | $-21.8M | $-59.6M | $-17.4M | $-10.8M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $49.7M | $10.5M | $33.8M | $10.3M | $15.5M | $38.8M | $-1.6M | $-8.0M |
| Net Change in Cash | $220.6M | $162.6M | $-21.1M | $51.3M | $51.1M | $29.3M | $34.8M | $1.1M |
| Free Cash Flow | $163.0M | $137.9M | $63.1M | $93.0M | $44.9M | $35.1M | $39.0M | $12.1M |