Reliance, Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $148.2M | $482.8M |
| Depreciation & Amortization | $118.9M | $97.9M |
| Depreciation | — | — |
| Amortization | $29.8M | — |
| Stock-Based Compensation | $15.5M | $13.2M |
| Net Cash from Operating Activities | $943.0M | $664.7M |
| Investing Activities | ||
| Capital Expenditures | $69.9M | $151.9M |
| Business Acquisitions | — | $330.2M |
| Net Cash from Investing Activities | $-93.6M | $-457.7M |
| Financing Activities | ||
| Dividends Paid | $29.4M | $29.2M |
| Stock Repurchases | — | $114.8M |
| Net Cash from Financing Activities | $-859.8M | $-231.5M |
| Net Change in Cash | $-9.0M | $-25.0M |
| Free Cash Flow | $873.1M | $512.8M |