Twin Disc, Incorporated
Cash Flow Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $9.5M | $-6.3M | $-13.1M | $11.2M | $3.6M | $3.9M | $26.7M | $18.0M |
| Depreciation & Amortization | $6.5M | $7.0M | $8.8M | $10.2M | $10.7M | $10.8M | $10.8M | $9.9M |
| Depreciation | $6.3M | $6.8M | $8.7M | $9.9M | $10.2M | $10.1M | $9.9M | $9.1M |
| Amortization | $149.0K | $168.0K | $165.0K | $239.0K | $477.0K | $718.0K | $809.0K | $794.0K |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $6.5M | $3.2M | $3.4M | $17.1M | $25.7M | $24.5M | $14.4M | $13.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $6.3M | $3.1M | $4.2M | $9.0M | $7.2M | $6.6M | $13.7M | $12.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-6.3M | $-3.0M | $1.1M | — | $-7.1M | $-6.5M | $-13.9M | $-12.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | $2.0M | $4.1M | $4.1M | $4.1M | $3.9M | $3.4M |
| Stock Repurchases | — | — | — | $0 | $0 | $3.1M | $2.4M | $0 |
| Net Cash from Financing Activities | $-2.1M | $-2.4M | $-8.1M | — | $-14.9M | $-12.4M | $-3.5M | $-4.2M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $183.0K | $45.0K | $-823.0K | $8.0M | $18.5M | $17.9M | $711.0K | $1.8M |