WD-40 Company
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $52.9M | $52.6M | $44.8M | $43.7M | $39.8M | $35.5M | $36.4M | $36.1M |
| Depreciation & Amortization | $6.8M | $6.5M | $6.5M | $5.9M | $5.4M | $4.9M | $4.4M | $4.2M |
| Depreciation | $3.9M | $3.5M | $3.4M | $3.2M | $3.1M | $2.7M | $2.7M | $3.1M |
| Amortization | $2.9M | $3.0M | $3.0M | $2.6M | $2.3M | $2.1M | $1.5M | $724.0K |
| Stock-Based Compensation | $4.1M | $3.7M | $2.8M | $2.3M | $2.5M | $2.8M | $3.0M | $2.9M |
| Net Cash from Operating Activities | $55.6M | $65.3M | $55.1M | $38.7M | $51.6M | $34.2M | $30.0M | $56.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $20.2M | $4.4M | $5.8M | $4.1M | $2.9M | $3.8M | $2.9M | $1.8M |
| Business Acquisitions | — | — | $4.1M | — | — | — | — | — |
| Net Cash from Investing Activities | $-42.3M | $-20.9M | — | $-10.5M | $-39.5M | $-3.1M | $-3.2M | $-1.6M |
| Financing Activities | ||||||||
| Dividends Paid | $26.8M | $23.7M | $21.7M | $20.2M | $19.0M | $18.2M | $18.2M | $16.7M |
| Stock Repurchases | $31.1M | $32.1M | $30.3M | $42.8M | $31.4M | $39.8M | $60.0M | $0 |
| Net Cash from Financing Activities | $-26.8M | $-43.2M | — | $-25.8M | $-26.8M | $-16.1M | $-48.9M | $-23.6M |
| Net Change in Cash | $-13.8M | $-3.0M | $-3.9M | $4.4M | $-16.3M | $13.3M | $-19.5M | $30.0M |
| Free Cash Flow | $35.4M | $60.9M | $49.3M | $34.6M | $48.7M | $30.5M | $27.1M | $54.7M |