Universal Display Corporation
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $103.9M | $48.1M | $103.9M | $41.9M | $74.1M | $9.7M | $3.2M | $-19.9M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $4.9M | $4.3M | $3.1M | $2.1M | $2.0M | $2.0M | $1.5M | $1.7M |
| Amortization | $22.0M | $16.5M | $11.0M | $11.0M | $11.0M | $4.9M | $49.0K | $1.2M |
| Stock-Based Compensation | $12.3M | $11.4M | $9.2M | $7.3M | $6.1M | $4.3M | $4.4M | $4.6M |
| Net Cash from Operating Activities | $133.4M | $80.3M | $113.6M | $47.3M | $45.0M | $17.8M | $16.4M | $-4.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $29.8M | $7.3M | $5.1M | $6.2M | $4.7M | $2.7M | $2.6M | $369.0K |
| Business Acquisitions | — | $33.4M | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-125.6M | $-38.5M | $-58.6M | $-42.3M | $-54.8M | $-36.1M | $-183.8M | $-11.8M |
| Financing Activities | ||||||||
| Dividends Paid | $5.7M | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | $0 | $29.5M | $5.5M | $5.2M | $0 | $0 |
| Net Cash from Financing Activities | $-14.3M | $-14.0K | $-2.9M | $-30.1M | $-5.5M | $-7.5M | $258.8M | $13.7M |
| Net Change in Cash | $-6.5M | $41.9M | $52.1M | $-25.2M | $-15.3M | $-25.9M | $91.4M | $-2.3M |
| Free Cash Flow | $103.6M | $73.0M | $108.5M | $41.1M | $40.3M | $15.0M | $13.8M | $-4.6M |