Movado Group, Inc.
Cash Flow Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-15.2M | $35.1M | $45.1M | $51.8M | $50.9M | $57.1M | $32.0M | $-47.2M |
| Depreciation & Amortization | $13.5M | $11.5M | $13.2M | $12.5M | $12.2M | $10.6M | $11.4M | $13.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $2.1M | $420.0K | $300.0K | $300.0K | $400.0K | $500.0K | $600.0K | $900.0K |
| Stock-Based Compensation | $4.9M | $7.3M | $6.1M | $5.8M | $3.8M | $2.9M | $1.7M | $1.5M |
| Net Cash from Operating Activities | $54.7M | $58.2M | $74.6M | $59.6M | $54.5M | $38.8M | $86.1M | $40.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $5.8M | $5.9M | $8.1M | $11.1M | $16.7M | $16.0M | $8.2M | $7.3M |
| Business Acquisitions | $79.0M | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-84.3M | $-7.6M | — | — | $-47.9M | $-16.3M | $-7.2M | $-7.7M |
| Financing Activities | ||||||||
| Dividends Paid | $11.9M | $11.9M | $10.3M | $10.1M | $6.6M | $36.7M | $3.0M | — |
| Stock Repurchases | $3.6M | $3.9M | $48.7M | $26.4M | $10.5M | — | — | — |
| Net Cash from Financing Activities | $-20.9M | $-27.4M | — | — | $-16.5M | $-38.4M | $-1.5M | $-9.6M |
| Net Change in Cash | $-41.5M | $28.1M | $28.3M | $42.2M | $-10.2M | $-14.3M | $79.2M | $32.0M |
| Free Cash Flow | $48.9M | $52.2M | $66.5M | $48.5M | $37.8M | $22.8M | $77.9M | $33.1M |