KIRBY CORPORATION
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $313.2M | $141.4M | $226.7M | $282.0M | $253.1M | $209.4M | $183.0M | $116.2M |
| Depreciation & Amortization | $202.9M | $200.9M | $192.2M | $169.3M | $164.4M | $145.1M | $126.0M | $95.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $11.3M | $8.5M | $8.5M | — | — | — | — | — |
| Stock-Based Compensation | $11.5M | $11.7M | $11.1M | $11.6M | $11.6M | $9.8M | $9.2M | $10.9M |
| Net Cash from Operating Activities | $353.4M | $415.8M | $524.3M | $438.9M | $601.0M | $325.7M | $312.0M | $245.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $177.2M | $231.1M | $345.5M | $355.1M | $253.2M | $312.2M | $226.2M | $136.8M |
| Business Acquisitions | $470.1M | $137.1M | $41.3M | $31.8M | $3.6M | $380.9M | $859.5M | $0 |
| Net Cash from Investing Activities | $-593.1M | $-349.5M | $-362.3M | — | $-222.9M | $-673.4M | $-1.09B | $-127.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $1.8M | $241.1M | $15.3M | $0 | $0 | $0 | $23.8M |
| Net Cash from Financing Activities | $254.2M | $-66.5M | $-180.4M | — | $-385.2M | $342.5M | $597.4M | $-20.4M |
| Net Change in Cash | $14.5M | $-251.0K | $-18.4M | $20.3M | $-7.0M | $-5.2M | $-179.4M | $97.8M |
| Free Cash Flow | $176.2M | $184.7M | $178.8M | $83.8M | $347.8M | $13.6M | $85.8M | $108.4M |