Ziff Davis, Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $66.8M | $72.6M |
| Depreciation & Amortization | $14.7M | $13.2M |
| Depreciation | — | — |
| Amortization | $8.0M | — |
| Stock-Based Compensation | $11.0M | $8.0M |
| Net Cash from Operating Activities | $101.8M | $90.7M |
| Investing Activities | ||
| Capital Expenditures | $3.3M | $2.5M |
| Business Acquisitions | $12.5M | $42.8M |
| Net Cash from Investing Activities | $-61.4M | $14.9M |
| Financing Activities | ||
| Dividends Paid | — | — |
| Stock Repurchases | $470.0K | $108.5M |
| Net Cash from Financing Activities | $5.4M | $-104.9M |
| Net Change in Cash | $46.6M | $-3.4M |
| Free Cash Flow | $98.6M | $88.2M |