MSA SAFETY INC
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $26.0M | $91.9M | $70.8M | $88.5M | $88.2M | $90.6M | $69.9M | $38.1M |
| Depreciation & Amortization | $37.9M | $35.3M | $32.7M | $29.8M | $30.8M | $31.7M | $32.9M | $29.2M |
| Depreciation | $28.0M | $27.0M | $26.9M | $26.2M | $27.1M | $27.5M | $27.1M | $25.5M |
| Amortization | $9.4M | $7.9M | $4.8M | $3.0M | $3.7M | $4.2M | $5.7M | $3.7M |
| Stock-Based Compensation | $11.8M | $9.2M | $7.6M | $9.1M | $10.3M | $10.0M | $7.7M | $7.3M |
| Net Cash from Operating Activities | $230.3M | $134.9M | $55.3M | $107.0M | $110.8M | $150.5M | $85.3M | $31.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $23.7M | $25.5M | $36.2M | $33.6M | $36.5M | $32.2M | $30.4M | $25.0M |
| Business Acquisitions | $216.3M | $18.2M | $180.3M | $0 | $0 | — | — | — |
| Net Cash from Investing Activities | $-239.2M | $-25.5M | $-208.5M | $-30.7M | $-35.2M | $-17.3M | $-11.7M | $-281.6M |
| Financing Activities | ||||||||
| Dividends Paid | $52.5M | $49.1M | $47.4M | $45.6M | $44.0M | $51.0M | $37.7M | $35.9M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $25.6M | $-99.3M | $164.9M | $-58.1M | $-58.2M | $-110.5M | $-71.3M | $246.6M |
| Net Change in Cash | $22.9M | $6.6M | $-73.0K | $9.7M | $13.5M | $22.8M | $178.0K | $-2.2M |
| Free Cash Flow | $206.6M | $109.4M | $19.0M | $73.4M | $74.3M | $118.3M | $54.9M | $6.6M |