NATIONAL HEALTHCARE CORP
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $56.2M | $50.5M | $53.1M | $53.4M | $64.6M | $59.3M | $65.0M | $52.7M |
| Depreciation & Amortization | $42.7M | $39.0M | $37.1M | $34.4M | $28.5M | $29.8M | $28.9M | $27.1M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.7M | $509.0K | $2.0M | $2.0M | $2.3M | $2.4M | $2.8M | $321.0K |
| Net Cash from Operating Activities | $94.5M | $90.9M | $83.4M | $75.7M | $102.3M | $64.4M | $82.4M | $63.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $32.3M | $62.6M | $58.4M | $53.3M | $43.4M | $22.0M | $23.4M | $32.3M |
| Business Acquisitions | — | — | — | — | $21.0M | — | — | $14.3M |
| Net Cash from Investing Activities | $-9.6M | $-81.5M | $-72.8M | $-57.5M | $-56.3M | $-31.2M | $-31.7M | $-46.4M |
| Financing Activities | ||||||||
| Dividends Paid | $28.2M | $25.8M | $21.1M | $18.7M | $17.5M | $30.8M | $16.0M | $14.8M |
| Stock Repurchases | $0 | $8.2M | — | $7.0M | $4.7M | — | — | $5.9M |
| Net Cash from Financing Activities | $-49.1M | $-27.1M | $-41.7M | $-30.1M | $-31.0M | $-27.5M | $-18.1M | $-27.6M |
| Net Change in Cash | $35.8M | $-17.7M | $-31.6M | $-11.9M | $15.0M | $5.7M | $32.5M | $-10.5M |
| Free Cash Flow | $62.1M | $28.3M | $24.9M | $22.4M | $58.9M | $42.4M | $59.0M | $31.1M |