Westamerica Bancorporation
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $50.0M | $58.9M | $58.8M | $60.6M | $67.2M | $81.1M | $87.9M | $94.6M |
| Depreciation & Amortization | $26.1M | $19.9M | $16.4M | $15.5M | $18.0M | $14.1M | $14.3M | $15.3M |
| Depreciation | — | — | — | — | — | $2.6M | $2.8M | $3.1M |
| Amortization | $3.1M | $3.5M | $3.9M | $4.3M | $4.7M | $5.4M | $6.0M | $6.3M |
| Stock-Based Compensation | — | — | — | — | — | $710.0K | $540.0K | — |
| Net Cash from Operating Activities | $80.8M | $77.6M | $70.4M | $82.3M | $85.3M | $119.5M | $120.4M | $115.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $2.7M | $1.8M | $4.5M | $3.8M | $1.7M | $4.8M | $3.3M | $1.4M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-73.3M | $-197.3M | $-102.3M | $-295.3M | $50.9M | $5.7M | $67.6M | $298.5M |
| Financing Activities | ||||||||
| Dividends Paid | $41.3M | $39.9M | $39.1M | $39.8M | $40.1M | $41.0M | $41.7M | $42.1M |
| Stock Repurchases | $314.0K | $5.4M | $14.7M | $52.2M | $57.3M | $51.5M | $60.5M | $28.7M |
| Net Cash from Financing Activities | $105.2M | $148.9M | $84.1M | $121.8M | $-155.6M | $-163.8M | $3.2M | $-435.8M |
| Net Change in Cash | $112.7M | $29.2M | $52.2M | $-91.2M | $-19.4M | $-38.7M | $191.3M | $-22.3M |
| Free Cash Flow | $78.0M | $75.8M | $65.9M | $78.5M | $83.6M | $114.6M | $117.1M | $113.5M |