Polaris Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $172.5M | $212.9M | $455.4M | $454.0M | $377.3M | $312.3M | $227.6M | $147.1M |
| Depreciation & Amortization | $191.1M | $167.5M | $152.1M | $127.5M | $92.1M | $70.6M | $66.4M | $66.5M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $25.9M | $16.5M | $12.1M | $11.6M | $9.2M | $2.8M | $1.0M | $188.0K |
| Stock-Based Compensation | $50.1M | $57.9M | $61.9M | $63.2M | $57.9M | $35.4M | $20.5M | $18.1M |
| Net Cash from Operating Activities | $585.4M | $589.6M | $440.2M | $529.3M | $492.2M | $416.1M | $302.5M | $297.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $184.4M | $209.1M | $249.5M | $205.1M | $251.4M | $103.1M | $84.5M | $55.7M |
| Business Acquisitions | $-1.6M | $723.7M | $41.2M | $28.0M | $137.1M | $41.1M | $51.9M | $4.7M |
| Net Cash from Investing Activities | $-151.1M | $-909.3M | $-289.1M | $-246.8M | $-406.7M | $-163.1M | $-141.1M | $-42.1M |
| Financing Activities | ||||||||
| Dividends Paid | $145.4M | $140.3M | $139.3M | $126.9M | $113.7M | $101.5M | $61.6M | $53.0M |
| Stock Repurchases | $90.5M | $245.8M | $293.6M | $81.8M | $530.0M | $127.5M | $132.4M | $27.5M |
| Net Cash from Financing Activities | $-427.7M | $314.5M | $-120.1M | $-222.6M | $-409.0M | $-162.5M | $-227.5M | $-1.8M |
| Net Change in Cash | $11.0M | $-28.0M | $17.7M | $45.4M | $-324.8M | $91.7M | $-68.6M | $253.7M |
| Free Cash Flow | $401.0M | $380.5M | $190.7M | $324.2M | $240.8M | $313.0M | $218.0M | $241.9M |