TFS FINANCIAL CORPORATION
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $88.9M | $80.6M | $72.6M | $65.9M | $56.0M | $11.5M | $9.3M | $11.3M |
| Depreciation & Amortization | $5.6M | $5.5M | $4.8M | $4.6M | $5.4M | $5.4M | $5.5M | $6.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $11.3M | $13.4M | $14.0M | $12.2M | $11.4M | $11.1M | $10.1M | $13.1M |
| Net Cash from Operating Activities | $101.2M | $84.9M | $102.1M | $103.5M | $140.8M | $155.6M | $135.6M | $116.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $4.2M | $9.1M | $5.5M | $2.8M | $2.8M | $7.3M | $2.6M | $4.4M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-754.8M | $-454.4M | $-600.4M | $-668.6M | $145.2M | $-741.4M | $-392.4M | $-125.9M |
| Financing Activities | ||||||||
| Dividends Paid | $27.7M | $23.4M | $19.5M | $4.9M | $0 | $0 | $0 | $15.6M |
| Stock Repurchases | $54.0M | $128.4M | $172.5M | $101.4M | $0 | $0 | $0 | $1.8M |
| Net Cash from Financing Activities | $690.6M | $445.3M | $472.3M | $460.5M | $-308.3M | $599.2M | $-192.1M | $446.0M |
| Net Change in Cash | $37.0M | $75.9M | $-26.0M | $-104.6M | $-22.3M | $13.4M | $-448.9M | $436.7M |
| Free Cash Flow | $97.0M | $75.8M | $96.6M | $100.7M | $138.0M | $148.3M | $133.0M | $112.1M |