HEARTLAND EXPRESS INC
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $56.9M | $70.0M |
| Depreciation & Amortization | $58.7M | — |
| Depreciation | $58.7M | $46.1M |
| Amortization | — | — |
| Stock-Based Compensation | $0 | — |
| Net Cash from Operating Activities | $101.1M | $121.8M |
| Investing Activities | ||
| Capital Expenditures | $79.1M | $35.9M |
| Business Acquisitions | — | — |
| Net Cash from Investing Activities | $-52.8M | $-27.1M |
| Financing Activities | ||
| Dividends Paid | $7.3M | $9.6M |
| Stock Repurchases | $45.4M | $36.4M |
| Net Cash from Financing Activities | $-52.6M | $-46.0M |
| Net Change in Cash | $-4.3M | $48.7M |
| Free Cash Flow | $22.0M | $85.9M |