Pebblebrook Hotel Trust
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $99.9M | $73.7M | $94.7M | $72.9M | $42.9M | $26.1M | $14.9M | $-6.6M |
| Depreciation & Amortization | $102.3M | $102.4M | $95.9M | $68.3M | $55.6M | $42.8M | $30.9M | $5.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $5.6M | $8.5M | $8.3M | $11.7M | $5.2M | $4.2M | $2.7M | $2.0M |
| Net Cash from Operating Activities | $193.6M | $240.0M | $220.7M | $161.3M | $107.5M | $77.2M | $48.1M | $3.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $40.0K | $74.0K | $278.0K | $1.1M | $33.0K | $47.0K | $148.0K | $497.0K |
| Business Acquisitions | $0 | $0 | — | — | — | — | — | — |
| Net Cash from Investing Activities | $132.3M | $297.9M | $-399.9M | $-631.3M | $-246.0M | $-407.9M | $-681.8M | $-460.1M |
| Financing Activities | ||||||||
| Dividends Paid | $107.3M | $105.3M | $84.0M | $55.7M | $37.0M | $27.0M | $22.2M | $0 |
| Stock Repurchases | $96.0M | $2.5M | $4.1M | $632.0K | $523.0K | $321.0K | $140.0K | $0 |
| Net Cash from Financing Activities | $-334.2M | $-532.9M | $152.6M | $467.8M | $107.8M | $350.9M | $478.6M | $358.3M |
| Net Change in Cash | $-8.0M | $7.1M | $-26.5M | $-2.3M | $-30.8M | $20.2M | $-155.0M | $-98.4M |
| Free Cash Flow | $193.6M | $239.9M | $220.4M | $160.1M | $107.4M | $77.1M | $47.9M | $3.0M |