MALIBU BOATS, INC.
Cash Flow Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $27.6M | $28.4M | $18.0M | $14.7M | $-4.7M | $0 | $0 |
| Depreciation & Amortization | $12.9M | $6.7M | $5.5M | $4.9M | $6.8M | — | — |
| Depreciation | $7.7M | $4.6M | $3.3M | $2.4M | $1.6M | $1.1M | $895.0K |
| Amortization | $5.2M | $2.2M | $2.2M | $2.5M | $5.2M | $5.2M | $5.2M |
| Stock-Based Compensation | $2.0M | $1.4M | $1.9M | $1.5M | $2.6M | $127.0K | $132.0K |
| Net Cash from Operating Activities | $58.5M | $35.9M | $35.6M | $12.6M | $23.8M | $25.9M | $15.5M |
| Investing Activities | |||||||
| Capital Expenditures | $10.4M | $9.3M | $6.2M | $5.4M | $5.9M | $2.9M | $2.7M |
| Business Acquisitions | $125.6M | $0 | $0 | $11.7M | $0 | $0 | — |
| Net Cash from Investing Activities | $-135.9M | $-9.2M | $-6.0M | $-17.1M | $-5.9M | $-2.9M | $-2.7M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $0 | $4.0M | $71.4M | $0 | $0 | — |
| Net Cash from Financing Activities | $106.2M | $-19.7M | $-12.0M | $742.0K | $-21.6M | $-21.9M | $-7.1M |
| Net Change in Cash | $28.8M | $6.9M | $17.5M | — | — | — | — |
| Free Cash Flow | $48.0M | $26.6M | $29.4M | $7.2M | $17.9M | $23.0M | $12.8M |