STEWART INFORMATION SERVICES CORP
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $48.7M | $55.5M | $-6.2M | $29.8M | $63.0M | $109.2M | $2.3M | $-12.6M |
| Depreciation & Amortization | $25.9M | $30.0M | $30.3M | $24.2M | $17.9M | $17.8M | $19.5M | $21.4M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $3.8M | $5.5M | $7.0M | $6.2M | $1.9M | $1.7M | $1.5M | — |
| Stock-Based Compensation | $5.3M | $3.0M | $4.4M | $4.0M | $1.0M | $2.1M | — | — |
| Net Cash from Operating Activities | $108.1M | $123.0M | $80.5M | $64.0M | $87.2M | $120.5M | $23.4M | $41.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $16.4M | $18.2M | $19.7M | $19.5M | $17.3M | $16.8M | $17.7M | $16.3M |
| Business Acquisitions | $17.4M | $-1.3M | $4.0M | $40.0M | $14.9M | $1.2M | $8.3M | — |
| Net Cash from Investing Activities | $-103.0M | $-56.8M | $-68.8M | $-78.6M | $-78.4M | $-36.5M | $-29.2M | $235.2M |
| Financing Activities | ||||||||
| Dividends Paid | $28.1M | $27.8M | $18.0M | $2.3M | $2.2M | $1.8M | $917.0K | $868.0K |
| Stock Repurchases | $727.0K | $1.1M | $28.0M | $22.0M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $-43.6M | $-59.3M | $-25.6M | $26.0M | $-18.2M | $-18.1M | $-7.0M | $-238.8M |
| Net Change in Cash | $-35.7M | $6.7M | $-21.5M | $6.3M | $-14.2M | $67.7M | $-13.6M | $38.4M |
| Free Cash Flow | $91.7M | $104.8M | $60.9M | $44.5M | $69.9M | $103.8M | $5.7M | $24.9M |