SHAKE SHACK INC.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $-320.0K | $12.4M | $-8.8M | $2.1M | $5.4M |
| Depreciation & Amortization | — | — | — | — | — |
| Depreciation | $21.7M | $14.5M | $10.2M | $5.8M | $3.5M |
| Amortization | — | — | — | — | — |
| Stock-Based Compensation | $5.6M | $5.4M | $16.7M | $165.0K | $93.0K |
| Net Cash from Operating Activities | $70.9M | $54.3M | $41.3M | $13.6M | $12.9M |
| Investing Activities | |||||
| Capital Expenditures | $61.5M | $54.4M | $32.1M | $28.5M | $16.2M |
| Business Acquisitions | — | — | — | — | — |
| Net Cash from Investing Activities | $-61.9M | $-114.8M | $-34.5M | $-28.5M | $-16.2M |
| Financing Activities | |||||
| Dividends Paid | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — |
| Net Cash from Financing Activities | $965.0K | $1.2M | $61.4M | $4.5M | $313.0K |
| Net Change in Cash | $9.9M | $-59.2M | $68.2M | $-10.4M | $-3.0M |
| Free Cash Flow | $9.3M | $-148.0K | $9.1M | $-14.9M | $-3.3M |