RAYONIER ADVANCED MATERIALS INC.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $325.0M | $73.3M | $55.3M | $31.7M | $219.8M | $242.1M |
| Depreciation & Amortization | $96.6M | $88.3M | $89.2M | $85.6M | $74.4M | $60.9M |
| Depreciation | — | — | — | — | — | — |
| Amortization | $1.0M | $0 | — | — | — | — |
| Stock-Based Compensation | $9.0M | $7.2M | $10.0M | $8.7M | $6.2M | $8.2M |
| Net Cash from Operating Activities | $129.8M | $232.2M | $201.7M | $187.8M | $258.0M | $305.2M |
| Investing Activities | ||||||
| Capital Expenditures | $75.0M | $88.7M | $77.4M | $74.8M | $96.0M | $105.4M |
| Business Acquisitions | $210.2M | $0 | $0 | — | — | — |
| Net Cash from Investing Activities | $-277.4M | $-86.6M | $-77.4M | $-90.5M | $-250.7M | $-305.3M |
| Financing Activities | ||||||
| Dividends Paid | $12.7M | $11.8M | $11.8M | $5.9M | $0 | $0 |
| Stock Repurchases | $157.0K | $0 | $0 | $92.0K | $0 | $0 |
| Net Cash from Financing Activities | $-83.6M | $79.7M | $-88.9M | $-31.3M | $-7.4M | $39.0K |
| Net Change in Cash | $-231.3M | $225.4M | $35.3M | $66.0M | $0 | $0 |
| Free Cash Flow | $54.8M | $143.5M | $124.2M | $113.0M | $162.0M | $199.8M |