Gray Media, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $262.0M | $62.3M | $39.3M | $48.1M | $18.3M | $28.1M | $9.0M | $23.2M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $52.0M | $45.9M | $36.7M | $30.2M | $24.1M | $23.1M | $26.2M | $30.6M |
| Amortization | $25.0M | $16.6M | $12.0M | $8.3M | $336.0K | $75.0K | $125.0K | $479.0K |
| Stock-Based Compensation | $9.0M | $5.1M | $4.0M | $5.0M | $2.0M | $878.0K | $136.0K | $332.0K |
| Net Cash from Operating Activities | $180.0M | $210.1M | $106.7M | $134.2M | $60.2M | $89.4M | $38.2M | $38.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $35.0M | $43.6M | $24.2M | $32.2M | $24.1M | $24.5M | $24.3M | $19.4M |
| Business Acquisitions | $416.0M | $431.8M | $185.1M | $461.2M | $36.6M | — | — | — |
| Net Cash from Investing Activities | $-350.0M | $-479.3M | $-206.4M | $-501.9M | $-60.5M | $-23.3M | $-21.9M | $-19.5M |
| Financing Activities | ||||||||
| Dividends Paid | $0 | $0 | $0 | $0 | — | — | $6.6M | $14.9M |
| Stock Repurchases | $4.0M | $2.0M | $0 | — | — | — | — | — |
| Net Cash from Financing Activities | $307.0M | $497.1M | $166.2M | $385.0M | $2.7M | $-60.2M | $-16.5M | $-29.2M |
| Net Change in Cash | $137.2M | $227.9M | $66.5M | $17.3M | $2.4M | $5.9M | $-241.0K | $-10.6M |
| Free Cash Flow | $145.0M | $166.5M | $82.5M | $102.0M | $36.2M | $64.8M | $13.9M | $18.7M |