IDEXX Laboratories, Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $122.2M | $116.2M |
| Depreciation & Amortization | $49.8M | $48.0M |
| Depreciation | — | — |
| Amortization | $9.4M | — |
| Stock-Based Compensation | $11.6M | $10.5M |
| Net Cash from Operating Activities | $175.0M | $143.3M |
| Investing Activities | ||
| Capital Expenditures | $50.7M | $90.0M |
| Business Acquisitions | $7.9M | $3.9M |
| Net Cash from Investing Activities | $-53.6M | $-91.6M |
| Financing Activities | ||
| Dividends Paid | — | — |
| Stock Repurchases | $83.1M | $132.3M |
| Net Cash from Financing Activities | $-95.3M | $-30.8M |
| Net Change in Cash | $27.9M | $18.5M |
| Free Cash Flow | $124.3M | $53.3M |