Natural Grocers by Vitamin Cottage, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $6.9M | $11.5M | $16.2M | $13.5M | $10.6M | $7.5M | $4.6M |
| Depreciation & Amortization | $29.5M | $25.5M | $21.3M | $17.2M | $13.5M | $9.9M | $7.7M |
| Depreciation | — | — | — | — | — | — | — |
| Amortization | — | — | — | $0 | — | $100.0K | $100.0K |
| Stock-Based Compensation | $758.0K | $879.0K | $573.0K | $532.0K | $602.0K | $780.0K | — |
| Net Cash from Operating Activities | $40.8M | $28.8M | $41.0M | $31.7M | $25.7M | $25.2M | $16.7M |
| Investing Activities | |||||||
| Capital Expenditures | $41.1M | $53.8M | $36.8M | $36.5M | $39.7M | $25.3M | $20.4M |
| Business Acquisitions | — | — | $5.6M | — | — | — | — |
| Net Cash from Investing Activities | $-38.5M | $-53.7M | $-42.3M | — | — | — | — |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | $261.0K | $829.0K | — | — | — | — | — |
| Net Cash from Financing Activities | $154.0K | $26.0M | $-863.0K | — | — | — | — |
| Net Change in Cash | $2.5M | $1.1M | $-2.2M | — | — | — | — |
| Free Cash Flow | $-290.0K | $-24.9M | $4.3M | $-4.8M | $-14.0M | $-57.0K | $-3.7M |