Graham Holdings Company
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $302.0M | $168.6M | $-100.7M | $1.29B | $236.9M | $132.1M | $117.2M | $92.8M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $62.5M | $64.6M | $77.9M | $205.3M | $251.3M | $270.0M | $256.0M | $290.6M |
| Amortization | $41.2M | $26.7M | $19.0M | $19.1M | $13.6M | $21.4M | $30.3M | $26.6M |
| Stock-Based Compensation | $10.2M | $13.4M | $48.0M | $17.6M | $25.2M | $14.7M | $11.8M | — |
| Net Cash from Operating Activities | $268.1M | $261.3M | $70.7M | $313.5M | $310.2M | $483.9M | $393.3M | $651.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $60.4M | $66.6M | $136.9M | $237.3M | $206.5M | $224.7M | $216.4M | $257.8M |
| Business Acquisitions | $299.9M | $245.1M | $159.3M | $206.0M | $20.0M | $40.3M | $83.7M | $26.1M |
| Net Cash from Investing Activities | $-442.0M | $-311.3M | $-425.6M | $229.0M | $-7.8M | $-234.7M | $-260.7M | $-281.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | $147.3M | $75.5M | $81.8M |
| Stock Repurchases | $50.8M | $108.9M | $23.0M | $327.7M | $4.2M | $103.2M | $248.1M | $61.0M |
| Net Cash from Financing Activities | $-100.1M | $-43.1M | $342.2M | $-388.6M | $-243.4M | $-121.8M | $-187.0M | $-293.3M |
| Net Change in Cash | $-263.3M | $-104.1M | $-19.8M | $204.3M | $57.3M | $131.3M | $-56.6M | $85.6M |
| Free Cash Flow | $207.7M | $194.6M | $-66.2M | $76.2M | $103.8M | $259.2M | $176.9M | $393.6M |