Under Armour, Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $46.8M | $38.2M |
| Depreciation & Amortization | $28.2M | $21.3M |
| Depreciation | — | — |
| Amortization | $1.9M | — |
| Stock-Based Compensation | $12.9M | $8.5M |
| Net Cash from Operating Activities | $119.0M | $69.5M |
| Investing Activities | ||
| Capital Expenditures | $19.8M | $38.6M |
| Business Acquisitions | — | — |
| Net Cash from Investing Activities | $-19.9M | $-42.1M |
| Financing Activities | ||
| Dividends Paid | — | — |
| Stock Repurchases | — | — |
| Net Cash from Financing Activities | $-16.5M | $35.4M |
| Net Change in Cash | $85.3M | $61.5M |
| Free Cash Flow | $99.2M | $30.9M |