Papa John's International, Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $57.5M | $36.8M | $32.7M |
| Depreciation & Amortization | $31.4M | $32.8M | $31.9M |
| Depreciation | $30.6M | — | — |
| Amortization | — | — | — |
| Stock-Based Compensation | $5.8M | $2.6M | $4.9M |
| Net Cash from Operating Activities | $103.8M | $73.2M | $61.6M |
| Investing Activities | |||
| Capital Expenditures | $33.5M | $29.3M | $31.1M |
| Business Acquisitions | $464.0K | $183.0K | $25.0M |
| Net Cash from Investing Activities | $-36.4M | $-26.2M | $-55.3M |
| Financing Activities | |||
| Dividends Paid | — | — | — |
| Stock Repurchases | $28.5M | $37.7M | $72.9M |
| Net Cash from Financing Activities | $-53.1M | $-44.1M | $-10.6M |
| Net Change in Cash | $14.5M | $2.3M | $-4.1M |
| Free Cash Flow | $70.3M | $44.0M | $30.4M |