Walker & Dunlop, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $211.1M | $113.9M | $82.1M | $51.4M | $41.5M | $33.8M | $34.9M | $8.2M |
| Depreciation & Amortization | $131.2M | $111.4M | $98.2M | $80.1M | $76.0M | $53.9M | $22.5M | $17.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | $2.0M | $771.0K | $3.1M | $15.3M | $70.0K | $132.0K |
| Stock-Based Compensation | $21.1M | $18.5M | $14.1M | $10.0M | $9.2M | $5.2M | $2.4M | $49.0K |
| Net Cash from Operating Activities | $1.07B | $759.5M | $-1.34B | $-703.0M | $836.9M | $-839.2M | $58.1M | $-171.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $5.2M | $2.5M | $1.4M | $2.5M | $4.5M | $4.6M | $3.8M | $586.0K |
| Business Acquisitions | — | — | $12.8M | $23.4M | — | $208.1M | — | — |
| Net Cash from Investing Activities | $97.2M | $-66.8M | $-27.2M | — | — | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $34.9M | $12.9M | $50.3M | $37.6M | $3.0M | $741.0K | $473.0K | — |
| Net Cash from Financing Activities | $-1.09B | $-693.6M | $1.39B | — | — | — | — | — |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $1.06B | $757.0M | $-1.34B | $-705.5M | $832.4M | $-843.8M | $54.3M | $-171.9M |