The Middleby Corporation
Cash Flow Statement
| Line Item | FY2016 | FY2015 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $284.2M | $193.3M | $153.9M | $120.7M | $95.5M | $61.2M | $63.9M |
| Depreciation & Amortization | $58.2M | $41.3M | $43.2M | $26.9M | $19.7M | $15.9M | $12.4M |
| Depreciation | $26.2M | $15.5M | $13.5M | $8.7M | $6.9M | $6.3M | — |
| Amortization | $29.9M | $24.6M | $28.5M | $17.0M | $12.2M | $9.1M | — |
| Stock-Based Compensation | $27.9M | $16.7M | $11.9M | $12.0M | $18.1M | $10.7M | $11.4M |
| Net Cash from Operating Activities | $294.1M | $233.9M | $146.2M | $128.3M | $130.4M | $100.8M | $85.3M |
| Investing Activities | |||||||
| Capital Expenditures | $24.8M | $13.1M | $14.6M | $7.7M | $7.8M | $5.7M | $4.3M |
| Business Acquisitions | $210.9M | $219.9M | $466.6M | $0 | $0 | — | — |
| Net Cash from Investing Activities | $-235.7M | $-233.1M | $-474.2M | $-69.9M | $-188.9M | $-139.0M | $-210.1M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | $4.4M | $44.3M | $4.4M | $20.7M | $15.7M | — | $12.4M |
| Net Cash from Financing Activities | $-41.4M | $8.9M | $330.2M | $-64.9M | $91.6M | $39.2M | $124.1M |
| Net Change in Cash | $13.0M | $7.1M | $2.5M | $-5.9M | $32.6M | $2.2M | $-1.3M |
| Free Cash Flow | $269.3M | $220.7M | $131.5M | $120.7M | $122.6M | $95.0M | $81.0M |