Toll Brothers, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $535.5M | $382.1M | $363.2M | $340.0M | $170.6M | $487.1M | $39.8M | $-3.4M |
| Depreciation & Amortization | $25.4M | $23.1M | $23.6M | $23.0M | $25.2M | $22.6M | $23.1M | $20.0M |
| Depreciation | $18.7M | $15.5M | $15.7M | $13.4M | $10.8M | $8.1M | $9.8M | $14.1M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $28.5M | $26.7M | $22.9M | $21.7M | $19.0M | $15.6M | $12.5M | $11.7M |
| Net Cash from Operating Activities | $861.7M | $150.9M | $60.2M | $313.2M | $-569.0M | $-171.5M | $58.8M | $-146.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $28.9M | $28.4M | $9.4M | $15.1M | $26.6M | $11.9M | $15.5M | $4.8M |
| Business Acquisitions | $83.1M | — | — | $1.49B | $0 | $144.7M | $0 | — |
| Net Cash from Investing Activities | — | — | — | — | $332.7M | $-560.5M | $-80.4M | $-151.4M |
| Financing Activities | ||||||||
| Dividends Paid | $38.6M | $0 | — | $0 | — | — | — | — |
| Stock Repurchases | $290.9M | $392.8M | $56.9M | $90.8M | $15.4M | $505.0K | $49.1M | $588.0K |
| Net Cash from Financing Activities | — | — | — | — | $230.4M | $604.6M | $-111.1M | $-471.0M |
| Net Change in Cash | $-24.2M | $-285.3M | $332.7M | $-186.7M | $-5.9M | $-127.5M | $-132.7M | $-768.7M |
| Free Cash Flow | $832.8M | $122.5M | $50.7M | $298.1M | $-595.5M | $-183.5M | $43.3M | $-151.1M |