Pangaea Logistics Solutions Ltd.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $7.8M | $7.5M | $11.3M | $-12.1M | $15.5M |
| Depreciation & Amortization | $15.6M | $14.1M | $12.7M | $11.7M | $9.6M |
| Depreciation | — | — | — | — | — |
| Amortization | — | — | — | — | — |
| Stock-Based Compensation | $1.1M | $601.9K | $457.1K | $1.8K | $0 |
| Net Cash from Operating Activities | $29.2M | $19.2M | $26.0M | $19.7M | $21.1M |
| Investing Activities | |||||
| Capital Expenditures | $0 | $315.9K | $55.1K | $561.0K | $112.9K |
| Business Acquisitions | — | — | — | — | — |
| Net Cash from Investing Activities | $-64.6M | — | — | — | — |
| Financing Activities | |||||
| Dividends Paid | $1.0M | $100.0K | $100.0K | $100.0K | $100.0K |
| Stock Repurchases | — | — | — | — | — |
| Net Cash from Financing Activities | $45.4M | — | — | — | — |
| Net Change in Cash | $12.2M | $-15.2M | $7.7M | $10.9M | $-767.7K |
| Free Cash Flow | $29.2M | $18.9M | $26.0M | $19.2M | $21.0M |