TRINET GROUP, INC.
Cash Flow Statement
| Line Item | Sep 2023 | Jun 2023 | Mar 2023 | Sep 2022 | Jun 2022 | Mar 2022 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $94.0M | $83.0M | $131.0M | $77.0M | $85.0M | $146.0M | $77.0M | $91.0M |
| Depreciation & Amortization | $17.0M | $18.0M | $18.0M | $17.0M | $16.0M | $13.0M | $11.0M | $19.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | $18.0M | — | — | — | — | — |
| Stock-Based Compensation | — | — | $11.0M | — | — | $12.0M | — | — |
| Net Cash from Operating Activities | $-110.0M | $144.0M | $-77.0M | $-49.0M | $-89.0M | $214.0M | $174.0M | $-15.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $20.0M | $17.0M | $17.0M | $13.0M | $15.0M | $11.0M | $12.0M | $12.0M |
| Business Acquisitions | — | — | $0 | — | — | $183.0M | — | — |
| Net Cash from Investing Activities | — | — | $-23.0M | — | — | $-213.0M | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | $91.0M | — | — | $350.0M | — | — |
| Net Cash from Financing Activities | — | — | $200.0M | — | — | $-353.0M | — | — |
| Net Change in Cash | — | — | — | — | — | $-352.0M | — | — |
| Free Cash Flow | $-130.0M | $127.0M | $-94.0M | $-62.0M | $-104.0M | $203.0M | $162.0M | $-27.0M |