CARMAX, INC.
Cash Flow Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $664.1M | $627.0M | $623.4M | $597.4M | $492.6M | $434.3M | $413.8M | $377.5M |
| Depreciation & Amortization | $179.9M | $168.9M | $137.4M | $115.2M | $101.9M | $95.3M | $82.8M | $76.3M |
| Depreciation | $158.6M | $140.7M | $127.0M | $105.7M | $90.4M | $82.3M | $75.2M | $73.9M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $61.9M | $91.6M | $51.1M | $81.9M | $66.5M | $62.1M | $48.1M | $43.6M |
| Net Cash from Operating Activities | $-80.6M | $-455.3M | $-116.8M | $-968.1M | $-613.2M | $-778.4M | $-62.2M | $-6.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $296.8M | $418.1M | $315.6M | $309.8M | $310.3M | $235.7M | $172.6M | $76.6M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-301.9M | — | — | — | — | — | $-219.4M | $-72.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $579.6M | $564.3M | $983.9M | $924.3M | $313.4M | $203.4M | $0 | $0 |
| Net Cash from Financing Activities | $413.4M | — | — | — | — | — | $683.1M | $101.8M |
| Net Change in Cash | $6.1M | $1.0M | $9.8M | $-600.3M | $178.5M | $6.7M | $401.5M | $22.8M |
| Free Cash Flow | $-377.4M | $-873.5M | $-432.3M | $-1.28B | $-923.5M | $-1.01B | $-234.8M | $-83.3M |