Smith-Midland Corporation
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $2.7M | $2.8M | $1.0M | $-804.8K | $691.5K | $376.7K | $-351.7K |
| Depreciation & Amortization | $926.0K | $821.0K | $667.9K | $636.6K | $634.9K | $674.2K | $712.8K |
| Depreciation | $926.0K | $821.0K | $668.0K | $637.0K | $635.0K | $674.0K | $713.0K |
| Amortization | — | — | — | — | — | — | — |
| Stock-Based Compensation | $411.0K | $0 | — | — | — | $0 | $17.0K |
| Net Cash from Operating Activities | $2.9M | $4.0M | $18.9K | $1.4M | $819.8K | $2.9M | $-83.1K |
| Investing Activities | |||||||
| Capital Expenditures | $2.7M | $3.7M | $1.6M | $465.8K | $908.6K | $110.3K | $742.7K |
| Business Acquisitions | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-2.7M | $-3.7M | $-1.6M | $-498.0K | $-1.9M | $2.1K | $-643.3K |
| Financing Activities | |||||||
| Dividends Paid | $49.0K | $0 | $194.3K | $174.2K | $144.5K | $240.6K | $0 |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-332.0K | $1.5M | $-206.8K | $-492.0K | $-180.3K | $-654.4K | $283.9K |
| Net Change in Cash | $-133.0K | $1.8M | $-1.8M | $436.3K | $-1.2M | $2.2M | $-442.5K |
| Free Cash Flow | $185.0K | $250.0K | $-1.6M | $960.5K | $-88.8K | $2.8M | $-825.8K |