RLJ LODGING TRUST
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $74.8M | $200.4M | $218.2M | $136.5M | $112.9M | $41.3M | $11.4M | $-22.4M |
| Depreciation & Amortization | $187.0M | $162.5M | $156.2M | $144.3M | $127.4M | $126.8M | $130.7M | $100.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $5.7M | $200.0K | $300.0K | — | — | — | — | — |
| Stock-Based Compensation | $10.6M | $6.0M | $13.0M | $15.1M | $13.1M | $8.6M | $3.3M | — |
| Net Cash from Operating Activities | $260.6M | $331.4M | $328.9M | $298.8M | $251.4M | $176.1M | $134.1M | $64.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $219.0K | $283.0K | $659.0K | $47.0K | $185.0K | $342.0K | $116.0K | $80.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $65.0M | $185.1M | $-45.7M | $-611.2M | $-262.1M | $-363.8M | $-347.0M | $-786.6M |
| Financing Activities | ||||||||
| Dividends Paid | $169.9M | $164.4M | $170.1M | $125.1M | $0 | $0 | $3.1M | $29.0M |
| Stock Repurchases | $2.6M | $13.3M | $225.2M | $0 | $0 | $2.3M | $702.0K | — |
| Net Cash from Financing Activities | $-190.4M | $-182.3M | $-419.1M | $242.6M | $227.1M | $-6.7M | $255.7M | $838.6M |
| Net Change in Cash | $135.2M | $334.2M | $-135.9M | $-69.8M | $216.4M | $-194.4M | $42.8M | $116.1M |
| Free Cash Flow | $260.4M | $331.1M | $328.3M | $298.8M | $251.2M | $175.8M | $134.0M | $64.0M |