First Business Financial Services, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $11.9M | $14.9M | $16.5M | $14.1M | $13.7M | $8.9M | $8.4M | $941.0K |
| Depreciation & Amortization | $1.6M | $1.5M | $-90.0K | $1.9M | $2.3M | $3.1M | $2.4M | $1.6M |
| Depreciation | $744.0K | $767.0K | $746.0K | $385.0K | $313.0K | $292.0K | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.1M | $994.0K | $1.1M | $887.0K | $660.0K | $548.0K | $579.0K | $523.0K |
| Net Cash from Operating Activities | $22.4M | $26.2M | $23.2M | $11.9M | $15.9M | $16.0M | $17.6M | $11.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.2M | $584.0K | $789.0K | $3.2M | $531.0K | $561.0K | $411.0K | $131.0K |
| Business Acquisitions | — | $0 | $0 | $12.0M | $0 | $0 | — | — |
| Net Cash from Investing Activities | $-46.4M | $-44.3M | $-149.6M | $-332.7M | $-54.9M | $-99.8M | $716.0K | $-60.9M |
| Financing Activities | ||||||||
| Dividends Paid | $4.5M | $4.2M | $3.8M | $3.4M | $2.5M | $738.0K | $729.0K | $711.0K |
| Stock Repurchases | $323.0K | $467.0K | $946.0K | $1.8M | $1.8M | $216.0K | $103.0K | $55.0K |
| Net Cash from Financing Activities | $-1.0M | $-17.9M | $136.7M | $342.8M | $34.7M | $39.3M | $61.0M | $-12.9M |
| Net Change in Cash | $-25.0M | $-36.0M | $10.3M | $22.0M | $-4.3M | $-44.5M | $79.3M | $-61.9M |
| Free Cash Flow | $21.2M | $25.6M | $22.4M | $8.7M | $15.4M | $15.4M | $17.2M | $11.7M |