VIRTUS INVESTMENT PARTNERS, INC.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $37.0M | $48.5M | $35.1M | $97.0M | $77.1M | $37.8M | $145.4M | $9.6M |
| Depreciation & Amortization | $18.3M | $5.8M | $7.0M | $6.8M | $7.0M | $6.2M | $5.9M | $2.0M |
| Depreciation | $3.5M | $3.1M | $3.4M | $2.8M | $2.4M | $1.8M | $1.8M | — |
| Amortization | $12.2M | $2.5M | $3.3M | $3.9M | $4.4M | $3.9M | $3.9M | $4.9M |
| Stock-Based Compensation | $20.3M | $11.9M | $11.9M | $9.8M | $8.0M | $6.9M | $5.6M | $3.9M |
| Net Cash from Operating Activities | $-182.9M | $20.9M | $-209.4M | $-58.9M | $28.8M | $39.8M | $23.7M | $22.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.5M | $2.0M | $4.7M | $2.4M | $2.0M | $3.8M | $743.0K | $323.0K |
| Business Acquisitions | $393.4M | $0 | — | — | — | $656.0K | — | — |
| Net Cash from Investing Activities | $-417.0M | $3.1M | $-6.4M | $-8.2M | $-6.2M | $-5.2M | $-4.1M | $-1.9M |
| Financing Activities | ||||||||
| Dividends Paid | $12.6M | $13.8M | $16.0M | $8.2M | $0 | — | — | — |
| Stock Repurchases | $7.5M | $233.8M | $80.0M | $40.3M | $19.7M | $8.9M | $7.9M | $924.0K |
| Net Cash from Financing Activities | $750.5M | $-48.1M | $109.9M | $-1.2M | $185.5M | $-16.5M | $-18.3M | $-5.0M |
| Net Change in Cash | $150.8M | $-14.7M | $-105.9M | $-68.2M | $208.1M | $18.2M | $1.3M | $15.3M |
| Free Cash Flow | $-184.4M | $18.9M | $-214.1M | $-61.3M | $26.8M | $36.0M | $22.9M | $21.8M |