Expeditors International of Washington, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $489.3M | $430.8M | $457.2M | $376.9M | $348.5M | $333.4M | $385.7M | $344.2M |
| Depreciation & Amortization | $49.3M | $46.8M | $46.0M | $49.3M | $48.1M | $39.9M | $36.8M | $36.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | $1.2M | $1.4M |
| Stock-Based Compensation | $50.9M | $45.2M | $43.4M | $42.5M | $43.8M | $44.1M | $44.3M | $43.7M |
| Net Cash from Operating Activities | $488.6M | $529.5M | $566.6M | $395.0M | $407.5M | $370.1M | $457.1M | $395.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $95.0M | $59.3M | $44.4M | $37.5M | $53.4M | $47.6M | $78.1M | $42.4M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-11.7M | $-53.2M | $-7.4M | $-78.9M | $-76.8M | $-47.0M | $-80.3M | $-42.2M |
| Financing Activities | ||||||||
| Dividends Paid | $150.5M | $145.1M | $135.7M | $124.6M | $123.3M | $117.3M | $106.0M | $84.9M |
| Stock Repurchases | $478.3M | $337.7M | $630.0M | $550.8M | $261.9M | $302.4M | $112.1M | $246.3M |
| Net Cash from Financing Activities | $-424.6M | $-298.8M | $-636.8M | $-605.5M | $-332.0M | $-363.0M | $-157.1M | $-208.6M |
| Net Change in Cash | $76.7M | $166.6M | $-119.3M | $-320.5M | $-13.2M | $-33.5M | $209.9M | $158.5M |
| Free Cash Flow | $393.6M | $470.2M | $522.2M | $357.5M | $354.1M | $322.5M | $379.0M | $353.1M |