Waters Corp.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $20.3M | $521.5M | $469.1M | $431.6M | $450.0M | $461.4M | — | — |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $61.5M | $51.7M | $45.3M | $46.4M | $38.2M | $37.4M | $36.5M | $34.4M |
| Amortization | — | — | — | $47.8M | $41.5M | $31.4M | $29.9M | $28.1M |
| Stock-Based Compensation | $39.4M | $41.0M | $33.4M | $33.0M | $31.7M | $29.2M | $27.6M | $24.9M |
| Net Cash from Operating Activities | $697.6M | $642.9M | $573.2M | $511.6M | $484.9M | $449.3M | $497.4M | $457.9M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | $5.6M | $23.5M | $27.0M | $41.4M | $31.0M | $11.1M | $0 |
| Net Cash from Investing Activities | $-535.8M | $-487.9M | — | — | $-464.7M | $-296.4M | $-356.0M | $-411.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $332.5M | $325.8M | $334.7M | $337.4M | $301.6M | $295.9M | $370.8M | $296.3M |
| Net Cash from Financing Activities | $-63.9M | $-115.7M | — | — | $-64.6M | $-66.5M | $-60.4M | $-60.3M |
| Net Change in Cash | $136.7M | $18.0M | $65.5M | $-18.6M | $-40.2M | $97.0M | $75.5M | $-32.6M |
| Free Cash Flow | — | — | — | — | — | — | — | — |