Dolby Laboratories Inc
NYSE:DLB
Cash Flow Statement
Cash Flow Statement
Dolby Laboratories Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Apr-2022 | Jul-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
184
|
198
|
209
|
209
|
205
|
187
|
183
|
183
|
172
|
181
|
209
|
186
|
209
|
192
|
205
|
207
|
100
|
115
|
42
|
42
|
194
|
202
|
238
|
256
|
206
|
221
|
249
|
232
|
326
|
313
|
301
|
318
|
255
|
215
|
200
|
184
|
183
|
243
|
220
|
202
|
190
|
|
Depreciation & Amortization |
53
|
52
|
53
|
53
|
57
|
62
|
65
|
69
|
74
|
78
|
82
|
85
|
85
|
86
|
86
|
84
|
82
|
81
|
81
|
81
|
81
|
81
|
83
|
85
|
85
|
85
|
86
|
91
|
93
|
98
|
98
|
96
|
97
|
94
|
95
|
89
|
84
|
83
|
81
|
83
|
81
|
|
Change in Deffered Taxes |
(18)
|
(15)
|
(17)
|
(7)
|
(12)
|
(8)
|
(12)
|
(15)
|
(19)
|
(13)
|
(5)
|
(23)
|
(16)
|
(26)
|
(28)
|
(35)
|
1
|
10
|
(8)
|
61
|
(4)
|
(14)
|
11
|
(40)
|
(17)
|
(17)
|
5
|
(5)
|
(12)
|
(7)
|
(42)
|
(37)
|
(31)
|
(39)
|
(40)
|
(30)
|
(29)
|
(30)
|
(22)
|
(18)
|
(15)
|
|
Stock-Based Compensation |
62
|
64
|
63
|
66
|
68
|
67
|
68
|
67
|
69
|
68
|
68
|
67
|
65
|
65
|
64
|
65
|
67
|
69
|
70
|
71
|
74
|
76
|
77
|
77
|
78
|
79
|
82
|
87
|
90
|
94
|
97
|
100
|
106
|
109
|
112
|
115
|
114
|
116
|
117
|
118
|
0
|
|
Other Non-Cash Items |
70
|
75
|
74
|
76
|
77
|
74
|
76
|
53
|
55
|
54
|
50
|
74
|
70
|
70
|
73
|
72
|
75
|
77
|
80
|
84
|
89
|
88
|
115
|
122
|
119
|
129
|
105
|
108
|
105
|
92
|
89
|
96
|
113
|
132
|
137
|
132
|
124
|
121
|
129
|
143
|
143
|
|
Cash Taxes Paid |
78
|
65
|
64
|
72
|
74
|
65
|
62
|
52
|
52
|
64
|
63
|
55
|
55
|
44
|
50
|
57
|
60
|
66
|
61
|
61
|
54
|
51
|
56
|
60
|
67
|
67
|
66
|
53
|
50
|
47
|
49
|
71
|
65
|
65
|
55
|
40
|
43
|
44
|
51
|
62
|
61
|
|
Cash Interest Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Change in Working Capital |
(1)
|
22
|
23
|
31
|
(41)
|
45
|
4
|
19
|
91
|
(13)
|
31
|
38
|
14
|
40
|
38
|
50
|
65
|
34
|
126
|
84
|
32
|
3
|
(138)
|
(94)
|
(91)
|
(98)
|
(83)
|
(81)
|
(117)
|
(84)
|
6
|
(25)
|
(37)
|
(25)
|
(16)
|
(56)
|
(19)
|
(33)
|
(74)
|
(42)
|
(80)
|
|
Cash from Operating Activities |
287
N/A
|
332
+16%
|
341
+3%
|
362
+6%
|
288
-20%
|
360
+25%
|
316
-12%
|
309
-2%
|
373
+21%
|
288
-23%
|
367
+27%
|
360
-2%
|
363
+1%
|
363
0%
|
374
+3%
|
378
+1%
|
324
-14%
|
317
-2%
|
321
+1%
|
352
+10%
|
392
+11%
|
360
-8%
|
309
-14%
|
328
+6%
|
302
-8%
|
319
+6%
|
362
+13%
|
344
-5%
|
395
+15%
|
413
+4%
|
451
+9%
|
448
-1%
|
397
-11%
|
377
-5%
|
377
+0%
|
319
-16%
|
343
+8%
|
385
+12%
|
333
-13%
|
367
+10%
|
319
-13%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(29)
|
(45)
|
(66)
|
(117)
|
(136)
|
(171)
|
(202)
|
(195)
|
(297)
|
(264)
|
(248)
|
(222)
|
(115)
|
(124)
|
(113)
|
(105)
|
(113)
|
(100)
|
(85)
|
(85)
|
(86)
|
(107)
|
(115)
|
(114)
|
(107)
|
(85)
|
(75)
|
(69)
|
(61)
|
(54)
|
(53)
|
(55)
|
(65)
|
(63)
|
(61)
|
(60)
|
(41)
|
(37)
|
(33)
|
(30)
|
(29)
|
|
Other Items |
(56)
|
(34)
|
(59)
|
(88)
|
(157)
|
(142)
|
(146)
|
(9)
|
139
|
163
|
173
|
(61)
|
(115)
|
(155)
|
(174)
|
(53)
|
(46)
|
6
|
99
|
163
|
149
|
126
|
79
|
57
|
55
|
45
|
72
|
203
|
231
|
219
|
178
|
10
|
(105)
|
(213)
|
(210)
|
(237)
|
(101)
|
40
|
66
|
85
|
56
|
|
Cash from Investing Activities |
(85)
N/A
|
(78)
+8%
|
(125)
-60%
|
(205)
-64%
|
(293)
-43%
|
(314)
-7%
|
(348)
-11%
|
(204)
+42%
|
(158)
+22%
|
(102)
+35%
|
(75)
+26%
|
(283)
-275%
|
(229)
+19%
|
(279)
-22%
|
(287)
-3%
|
(158)
+45%
|
(158)
0%
|
(94)
+41%
|
14
N/A
|
78
+470%
|
64
-19%
|
19
-71%
|
(36)
N/A
|
(56)
-57%
|
(52)
+7%
|
(40)
+23%
|
(3)
+92%
|
134
N/A
|
170
+27%
|
166
-3%
|
125
-25%
|
(45)
N/A
|
(170)
-278%
|
(276)
-63%
|
(270)
+2%
|
(296)
-10%
|
(142)
+52%
|
3
N/A
|
33
+971%
|
54
+63%
|
27
-51%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
(32)
|
(14)
|
(35)
|
(36)
|
(46)
|
(65)
|
(43)
|
(94)
|
(113)
|
(136)
|
(115)
|
(43)
|
(30)
|
(12)
|
(35)
|
(48)
|
(26)
|
10
|
(29)
|
(67)
|
(181)
|
(274)
|
(304)
|
(306)
|
(214)
|
(183)
|
(125)
|
(114)
|
(105)
|
(114)
|
(123)
|
(156)
|
(185)
|
(205)
|
(356)
|
(509)
|
(527)
|
(496)
|
(334)
|
(133)
|
(165)
|
|
Net Issuance of Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash Paid for Dividends |
0
|
0
|
0
|
0
|
(10)
|
(21)
|
(31)
|
(41)
|
(43)
|
(45)
|
(47)
|
(48)
|
(51)
|
(53)
|
(55)
|
(57)
|
(59)
|
(62)
|
(64)
|
(66)
|
(69)
|
(72)
|
(75)
|
(78)
|
(80)
|
(83)
|
(86)
|
(89)
|
(89)
|
(89)
|
(89)
|
(89)
|
(92)
|
(95)
|
(98)
|
(100)
|
(101)
|
(101)
|
(102)
|
(103)
|
(106)
|
|
Other |
1
|
1
|
2
|
(4)
|
(9)
|
(9)
|
(9)
|
(3)
|
1
|
1
|
1
|
(0)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(4)
|
(6)
|
(5)
|
(12)
|
(9)
|
(7)
|
(7)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Cash from Financing Activities |
(31)
N/A
|
(13)
+59%
|
(33)
-156%
|
(41)
-22%
|
(66)
-61%
|
(95)
-45%
|
(83)
+13%
|
(139)
-67%
|
(156)
-12%
|
(180)
-16%
|
(160)
+11%
|
(92)
+42%
|
(83)
+10%
|
(67)
+19%
|
(93)
-38%
|
(107)
-15%
|
(86)
+19%
|
(53)
+39%
|
(94)
-79%
|
(134)
-42%
|
(251)
-88%
|
(347)
-38%
|
(380)
-9%
|
(385)
-1%
|
(295)
+23%
|
(270)
+8%
|
(217)
+20%
|
(208)
+4%
|
(206)
+1%
|
(212)
-3%
|
(220)
-4%
|
(253)
-15%
|
(279)
-10%
|
(302)
-8%
|
(455)
-51%
|
(611)
-34%
|
(628)
-3%
|
(598)
+5%
|
(437)
+27%
|
(237)
+46%
|
(272)
-15%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
(2)
|
(0)
|
(1)
|
(2)
|
(5)
|
(6)
|
(4)
|
(4)
|
(2)
|
1
|
(3)
|
(1)
|
(6)
|
(5)
|
(1)
|
2
|
8
|
7
|
1
|
(6)
|
(9)
|
(10)
|
(7)
|
(6)
|
(1)
|
(9)
|
(3)
|
4
|
7
|
13
|
8
|
3
|
(4)
|
(3)
|
(12)
|
(17)
|
(7)
|
(6)
|
2
|
5
|
3
|
|
Net Change in Cash |
168
N/A
|
240
+43%
|
182
-24%
|
114
-37%
|
(76)
N/A
|
(55)
+27%
|
(119)
-117%
|
(37)
+69%
|
58
N/A
|
7
-87%
|
129
+1 671%
|
(16)
N/A
|
46
N/A
|
11
-75%
|
(7)
N/A
|
115
N/A
|
88
-24%
|
177
+102%
|
241
+36%
|
291
+21%
|
196
-33%
|
21
-89%
|
(114)
N/A
|
(120)
-5%
|
(47)
+61%
|
(0)
+99%
|
139
N/A
|
274
+97%
|
366
+34%
|
379
+3%
|
364
-4%
|
153
-58%
|
(55)
N/A
|
(205)
-272%
|
(360)
-76%
|
(605)
-68%
|
(433)
+28%
|
(215)
+50%
|
(68)
+68%
|
190
N/A
|
77
-59%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
258
N/A
|
287
+11%
|
275
-4%
|
245
-11%
|
152
-38%
|
189
+24%
|
114
-40%
|
114
+1%
|
77
-33%
|
24
-69%
|
119
+396%
|
138
+16%
|
249
+80%
|
239
-4%
|
261
+9%
|
273
+5%
|
211
-23%
|
217
+2%
|
236
+9%
|
267
+13%
|
307
+15%
|
253
-17%
|
194
-23%
|
214
+10%
|
195
-9%
|
234
+20%
|
287
+22%
|
275
-4%
|
334
+22%
|
359
+7%
|
398
+11%
|
393
-1%
|
332
-15%
|
314
-6%
|
317
+1%
|
259
-18%
|
303
+17%
|
348
+15%
|
300
-14%
|
337
+12%
|
290
-14%
|