Operating ActivitiesLTM

Net Income

21

Depreciation & Amortization

18.1

Stock Based Compensation

155.4

Other Adjustments

10.8

Changes in Trade Receivables

-14.8

Changes in Accounts Payable

13.6

Changes in Accrued Expenses

20.3

Changes in Unearned Revenue

17.6

Changes in Other Operating Activities

-22.4

Cash from Operating Activities

231.1

Investing ActivitiesLTM

Capital Expenditure

-25.9

Purchases of Intangible Assets

-11.8

Payments for Business Acquisitions

—

Cash from Investing Activities

-56.8

Financing ActivitiesLTM

Issuance of Short-Term Debt

4,694

Repayments of Short-Term Debt

-4,694

Net Issuance / (Repayments) of Short-Term Debt

—

Repayments of Long-Term Debt

—

Net Issuance / (Repayments) of Long-Term Debt

—

Issuance of Common Shares

25.3

Repurchases of Common Shares

-27.6

Net Issuance / (Repurchases) of Common Shares

-2.2

Issuance of Preferred Shares

—

Repurchases of Preferred Shares

—

Net Issuance / (Repurchases) of Preferred Shares

—

Other Financing Activities

—

Cash from Financing Activities

-22.2

Free Cash FlowLTM

Free Cash Flow

205.2

NOPAT

24.2

Levered Free Cash Flow

42.2

Unlevered Free Cash Flow

45.4

Net Change in Cash

152.1