Array Digital Infrastructure, I
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $12.0M | $48.0M | $241.0M | $-43.0M | $140.0M | $111.0M | $175.0M | $136.1M |
| Depreciation & Amortization | $604.0M | $607.0M | $596.0M | $593.0M | $791.1M | $597.7M | $565.1M | $559.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $30.0M | $26.0M | $25.0M | $22.0M | $15.8M | $21.5M | $20.2M | $18.0M |
| Net Cash from Operating Activities | $469.0M | $501.0M | $555.0M | $172.0M | $290.9M | $899.3M | $987.9M | $834.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $465.0M | $443.0M | $581.0M | $605.0M | $717.9M | $826.4M | $771.8M | $569.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-683.0M | $-618.0M | $-550.0M | — | — | $-896.6M | $-759.6M | $-777.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | $482.3M | — | — | — |
| Stock Repurchases | $0 | $5.0M | $6.0M | $19.0M | $18.5M | $20.0M | $62.3M | $52.8M |
| Net Cash from Financing Activities | $-20.0M | $-12.0M | $497.0M | — | — | $-48.5M | $-81.0M | $-83.2M |
| Net Change in Cash | $-234.0M | $-129.0M | $503.0M | $-130.0M | $-36.3M | $-45.8M | $147.2M | $-26.1M |
| Free Cash Flow | $4.0M | $58.0M | $-26.0M | $-433.0M | $-427.0M | $72.9M | $216.1M | $265.1M |