Waters Corp.
Cash Flow Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $323.3M | $322.5M | $268.1M |
| Depreciation & Amortization | — | — | — |
| Depreciation | $31.8M | $29.1M | $27.5M |
| Amortization | $25.5M | $36.2M | $25.9M |
| Stock-Based Compensation | $28.3M | $30.8M | $28.9M |
| Net Cash from Operating Activities | $418.3M | $418.2M | $370.5M |
| Investing Activities | |||
| Capital Expenditures | — | — | — |
| Business Acquisitions | $36.1M | $7.8M | $-9.1M |
| Net Cash from Investing Activities | $-419.0M | $18.8M | $-167.9M |
| Financing Activities | |||
| Dividends Paid | — | — | — |
| Stock Repurchases | $211.4M | $237.5M | $-200.6M |
| Net Cash from Financing Activities | $-90.3M | $-572.9M | $-119.7M |
| Net Change in Cash | $-87.4M | $-168.8M | $83.2M |
| Free Cash Flow | — | — | — |