MSCI Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $304.0M | $260.9M | $223.6M | $284.1M | $222.6M | $184.2M | $173.5M | $92.2M |
| Depreciation & Amortization | $35.4M | $34.3M | $30.9M | $25.9M | $22.3M | $18.7M | $19.4M | $17.4M |
| Depreciation | $35.4M | $34.3M | $30.9M | $25.7M | $20.4M | — | — | — |
| Amortization | $44.5M | $47.0M | $46.9M | $45.9M | $44.8M | $50.0M | $65.8M | $41.6M |
| Stock-Based Compensation | $36.6M | $32.0M | $28.6M | $26.6M | $25.0M | $25.3M | $31.7M | $32.3M |
| Net Cash from Operating Activities | $404.2M | $442.4M | $321.2M | $305.7M | $321.2M | $347.1M | $255.0M | $183.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $33.2M | $32.3M | $40.7M | $42.7M | $40.3M | $44.9M | $23.1M | $13.2M |
| Business Acquisitions | — | $60.0K | $6.5M | $14.9M | $23.3M | $119.6M | — | $1.10B |
| Net Cash from Investing Activities | $-48.0M | $-42.0M | $-48.9M | $297.0M | $4.1M | $-94.4M | $-90.6M | $-892.3M |
| Financing Activities | ||||||||
| Dividends Paid | $119.8M | $96.3M | $87.8M | $20.4M | — | — | — | — |
| Stock Repurchases | $150.5M | $774.6M | $700.7M | $409.7M | $112.2M | $106.0M | $14.6M | $14.2M |
| Net Cash from Financing Activities | $-267.5M | $-372.9M | $4.7M | $-442.3M | $-146.6M | $-323.0M | $-178.0M | $758.1M |
| Net Change in Cash | $97.7M | $14.1M | $268.9M | $150.4M | $175.1M | $-68.9M | $-17.2M | $50.6M |
| Free Cash Flow | $371.0M | $410.1M | $280.6M | $263.0M | $280.9M | $302.2M | $231.9M | $170.2M |