M/I HOMES, INC.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $72.1M | $56.6M | $51.8M | $50.8M | $151.4M | $13.3M | $-33.9M | $-26.3M |
| Depreciation & Amortization | $14.2M | $13.6M | $10.9M | $8.3M | $8.3M | $9.7M | $7.6M | $5.2M |
| Depreciation | $9.6M | $8.6M | $6.6M | $5.2M | $5.0M | $7.2M | $5.1M | $5.2M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $6.0M | $5.3M | $3.9M | $3.2M | $2.3M | $1.7M | $1.9M | $2.8M |
| Net Cash from Operating Activities | $-53.2M | $34.2M | $-82.4M | $-132.5M | $-74.0M | $-47.0M | $-34.0M | $-37.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $8.8M | $13.1M | $3.7M | $2.9M | $2.4M | $933.0K | $1.4M | $1.6M |
| Business Acquisitions | $0 | — | — | — | — | — | $4.7M | $0 |
| Net Cash from Investing Activities | $-9.2M | $-31.6M | $-41.5M | $-19.7M | $-35.6M | $25.3M | $-9.3M | $-22.4M |
| Financing Activities | ||||||||
| Dividends Paid | $3.7M | $-4.9M | $-4.9M | $-4.9M | $-3.7M | $0 | $0 | — |
| Stock Repurchases | $0 | $0 | — | — | — | — | — | — |
| Net Cash from Financing Activities | $179.6M | $18.8M | $114.5M | $32.1M | $92.8M | $107.4M | $21.9M | $30.9M |
| Net Change in Cash | $117.3M | $21.3M | $-9.4M | $-120.1M | $-16.8M | $85.7M | $-21.4M | $-28.7M |
| Free Cash Flow | $-62.0M | $21.1M | $-86.0M | $-135.5M | $-76.4M | $-47.9M | $-35.3M | $-38.9M |