Shenandoah Telecommunications Company
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $66.4M | $-895.0K | $40.9M | $33.9M | $29.6M | $16.3M | $13.0M | $18.1M |
| Depreciation & Amortization | $177.0M | $143.7M | $70.7M | $65.9M | $60.7M | $64.4M | $55.8M | $42.6M |
| Depreciation | $151.1M | $124.0M | $69.3M | $63.3M | $56.6M | $58.0M | $45.4M | $36.6M |
| Amortization | $27.5M | $34.9M | $1.4M | $2.6M | $4.1M | $6.5M | $10.4M | $6.1M |
| Stock-Based Compensation | $3.6M | $3.0M | $2.3M | $2.6M | $1.9M | $1.8M | $1.7M | $792.0K |
| Net Cash from Operating Activities | $222.9M | $161.5M | $119.3M | $115.0M | $94.3M | $97.0M | $80.9M | $75.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $146.5M | $173.2M | $69.7M | $68.2M | $117.0M | $89.1M | $74.7M | $55.9M |
| Business Acquisitions | $6.0M | $657.4M | $0 | $0 | — | $0 | $0 | $152.1M |
| Net Cash from Investing Activities | $-151.5M | $-820.0M | $-69.3M | $-67.6M | $-116.6M | $-83.9M | $-70.6M | $-210.7M |
| Financing Activities | ||||||||
| Dividends Paid | $12.3M | $11.7M | $11.1M | $10.8M | $8.2M | $7.4M | $7.3M | $7.3M |
| Stock Repurchases | $0 | $5.1M | $1.9M | $1.8M | $1.6M | $143.0K | $92.0K | $0 |
| Net Cash from Financing Activities | $-29.0M | $617.9M | $-42.2M | $-16.8M | $-10.5M | $42.2M | $-21.9M | $150.9M |
| Net Change in Cash | $42.4M | $-40.6M | $7.9M | $30.6M | $-32.8M | $55.2M | $-11.6M | $15.4M |
| Free Cash Flow | $76.4M | $-11.7M | $49.6M | $46.8M | $-22.8M | $7.9M | $6.3M | $19.3M |