Tractor Supply Company
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $422.6M | $437.1M | $410.4M | $370.9M | $328.2M | $276.5M | $222.7M | $168.0M |
| Depreciation & Amortization | $165.8M | $143.0M | $123.6M | $114.6M | $100.0M | $89.0M | $80.3M | $69.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $29.2M | $23.6M | $19.4M | $16.2M | $13.9M | $17.6M | $15.0M | $11.8M |
| Net Cash from Operating Activities | $631.5M | $650.7M | $456.2M | $409.2M | $333.7M | $378.3M | $254.1M | $222.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $250.4M | $226.0M | $236.5M | $160.6M | $218.2M | $152.9M | $166.2M | $96.5M |
| Business Acquisitions | $-1.2M | $143.6M | $0 | $0 | — | — | — | — |
| Net Cash from Investing Activities | $-238.0M | $-369.3M | $-235.9M | $-160.3M | $-209.3M | $-139.1M | $-171.4M | $-112.1M |
| Financing Activities | ||||||||
| Dividends Paid | $133.8M | $122.3M | $103.1M | $84.1M | $68.5M | $51.3M | $30.9M | $20.4M |
| Stock Repurchases | $369.4M | $331.7M | $292.7M | $298.5M | $129.4M | $271.8M | $180.0M | $38.2M |
| Net Cash from Financing Activities | $-338.3M | $-291.3M | $-207.6M | $-340.5M | $-120.2M | $-277.6M | $-163.2M | $-26.0M |
| Net Change in Cash | $55.2M | $-9.9M | $12.7M | $-91.6M | $4.1M | $-38.3M | $-80.4M | $84.5M |
| Free Cash Flow | $381.0M | $424.7M | $219.7M | $248.6M | $115.5M | $225.4M | $88.0M | $126.1M |