Willis Lease Finance Corporation
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $62.2M | $14.1M | $6.5M | $7.2M | $15.6M | $1.5M | $14.5M | $12.1M |
| Depreciation & Amortization | $66.0M | $66.3M | $69.4M | $65.3M | $58.7M | $52.6M | $51.3M | — |
| Depreciation | — | — | — | — | $58.7M | $52.6M | $51.3M | $48.7M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $4.3M | $3.7M | $4.2M | $3.5M | $3.4M | $3.1M | $3.2M | $2.7M |
| Net Cash from Operating Activities | $137.1M | $91.6M | $97.8M | $62.8M | $80.3M | $67.3M | $76.7M | $56.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $10.8M | $1.0M | $4.0M | $13.8M | $453.0K | $1.2M | $904.0K | $399.0K |
| Business Acquisitions | — | — | — | — | $4.2M | — | — | — |
| Net Cash from Investing Activities | $-325.6M | $-123.2M | $-139.5M | — | — | — | $-45.2M | $-54.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $3.5M | $29.0M | $16.5M | $5.4M | $5.9M | $12.7M | $5.7M | $4.2M |
| Net Cash from Financing Activities | $203.4M | $21.2M | $19.7M | — | — | — | $-27.3M | $-1.8M |
| Net Change in Cash | $15.0M | $-10.4M | $-22.0M | — | — | — | $4.2M | $169.0K |
| Free Cash Flow | $126.3M | $90.6M | $93.8M | $48.9M | $79.8M | $66.1M | $75.8M | $56.2M |