Mercury General Corporation
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $144.9M | $73.0M | $74.5M | $177.9M | $112.1M | $116.9M | $191.2M | $152.2M |
| Depreciation & Amortization | $55.3M | $53.3M | $47.8M | $28.1M | $30.6M | $37.0M | $40.7M | $40.7M |
| Depreciation | $21.2M | $20.3M | $20.5M | $22.1M | $24.6M | $30.8M | $34.3M | $33.9M |
| Amortization | $5.4M | $6.1M | $6.0M | $6.0M | $6.0M | $6.2M | $6.4M | $6.8M |
| Stock-Based Compensation | $60.0K | $142.0K | $142.0K | $4.1M | $974.0K | $370.0K | $899.0K | $812.0K |
| Net Cash from Operating Activities | $341.4M | $291.7M | $190.3M | $246.5M | $209.8M | $148.1M | $158.5M | $91.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $19.4M | $17.0M | $20.1M | $26.0M | $18.7M | $15.2M | $18.1M | $28.9M |
| Business Acquisitions | — | — | $-7.8M | $0 | $0 | — | $0 | $0 |
| Net Cash from Investing Activities | $-185.6M | $-226.7M | $-81.7M | $-194.0M | $-18.4M | $-69.7M | $124.6M | $33.1M |
| Financing Activities | ||||||||
| Dividends Paid | $137.9M | $137.2M | $136.4M | $135.5M | $134.8M | $134.1M | $132.1M | $129.9M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-84.7M | $-108.9M | $-134.3M | $-29.1M | $-83.1M | $-131.5M | $-253.1M | $-129.0M |
| Net Change in Cash | $71.1M | $-43.9M | $-25.7M | $23.4M | $108.3M | $-53.2M | $30.0M | $-4.1M |
| Free Cash Flow | $322.0M | $274.7M | $170.2M | $220.5M | $191.1M | $132.9M | $140.4M | $62.9M |