NVR Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $537.5M | $425.3M | $382.9M | $281.6M | $266.5M | $180.6M | $129.4M | $206.0M |
| Depreciation & Amortization | $22.7M | $22.3M | $21.5M | $17.6M | $13.4M | $8.1M | $6.7M | $7.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $44.6M | $43.6M | $54.1M | $63.2M | $34.3M | $64.8M | $64.5M | $53.1M |
| Net Cash from Operating Activities | $570.4M | $393.0M | $226.7M | $184.5M | $270.2M | $264.4M | $1.5M | $55.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $20.3M | $22.4M | $18.3M | $31.7M | $19.0M | $12.4M | $11.4M | $6.9M |
| Business Acquisitions | — | — | — | — | — | $14.3M | — | — |
| Net Cash from Investing Activities | $-15.2M | — | — | — | $-34.5M | $-22.6M | $-61.9M | $212.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $422.2M | $455.4M | $431.4M | $567.5M | $554.5M | $227.3M | $689.3M | $417.1M |
| Net Cash from Financing Activities | $-281.6M | — | — | — | $-523.0M | $430.9M | $-652.6M | $-324.2M |
| Net Change in Cash | $273.5M | $-34.8M | $-120.1M | $-320.8M | $-287.3M | $672.7M | $-713.0M | $-56.4M |
| Free Cash Flow | $550.1M | $370.6M | $208.4M | $152.9M | $251.2M | $252.0M | $-10.0M | $48.4M |