Wolverine World Wide, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $95.8M | $45.2M | $-38.5M | $-188.3M | $-136.9M | $128.5M | $200.1M | $300.0K |
| Depreciation & Amortization | $25.9M | $26.2M | $35.1M | $34.6M | $32.8M | $32.7M | $31.5M | $37.2M |
| Depreciation | $21.1M | $21.4M | $27.7M | $26.7M | $25.7M | $24.1M | $25.3M | $27.8M |
| Amortization | $4.8M | $4.8M | $7.2M | $7.9M | $7.1M | $8.6M | $6.2M | $9.4M |
| Stock-Based Compensation | $24.4M | $19.1M | $15.2M | $33.4M | $28.9M | $24.5M | $31.2M | $25.4M |
| Net Cash from Operating Activities | $140.0M | $180.1M | $121.8M | $-178.9M | $309.1M | $222.6M | $97.5M | $202.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $14.5M | $20.2M | $14.6M | $36.5M | $10.3M | $34.4M | $21.7M | $32.4M |
| Business Acquisitions | — | — | $0 | $0 | $5.5M | $15.1M | $0 | $0 |
| Net Cash from Investing Activities | $-13.9M | $86.8M | $171.6M | $54.6M | $6.1M | $-61.5M | $-22.2M | $-1.0M |
| Financing Activities | ||||||||
| Dividends Paid | $33.3M | $32.5M | $32.6M | $32.8M | $33.6M | $33.6M | $28.6M | $23.0M |
| Stock Repurchases | $14.5M | $0 | $0 | $81.3M | $21.0M | $319.2M | $174.7M | $51.5M |
| Net Cash from Financing Activities | $-77.7M | $-299.2M | $-246.3M | $107.1M | $-154.0M | $-124.6M | $-404.5M | $-98.0M |
| Net Change in Cash | $54.2M | $-32.5M | $49.1M | $-26.2M | $166.8M | $37.5M | $-337.9M | $111.2M |
| Free Cash Flow | $125.5M | $159.9M | $107.2M | $-215.4M | $298.8M | $188.2M | $75.8M | $170.3M |