
Blackbaud Inc
NASDAQ:BLKB

Cash Flow Statement
Cash Flow Statement
Blackbaud Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-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 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
28
|
29
|
27
|
24
|
26
|
28
|
30
|
31
|
45
|
48
|
50
|
54
|
74
|
78
|
74
|
72
|
45
|
26
|
27
|
20
|
12
|
18
|
22
|
23
|
8
|
3
|
(2)
|
(1)
|
6
|
(5)
|
(15)
|
(31)
|
(45)
|
(50)
|
(44)
|
(25)
|
2
|
22
|
41
|
53
|
(287)
|
|
Depreciation & Amortization |
45
|
48
|
52
|
54
|
56
|
60
|
64
|
68
|
71
|
71
|
72
|
72
|
74
|
76
|
77
|
79
|
80
|
82
|
83
|
84
|
86
|
86
|
89
|
91
|
93
|
91
|
87
|
84
|
82
|
87
|
93
|
99
|
102
|
104
|
105
|
107
|
109
|
112
|
116
|
120
|
122
|
|
Change in Deffered Taxes |
3
|
2
|
1
|
1
|
3
|
5
|
4
|
5
|
5
|
3
|
2
|
3
|
(18)
|
(18)
|
(15)
|
(16)
|
(1)
|
(3)
|
(1)
|
(2)
|
(4)
|
(1)
|
(2)
|
(2)
|
9
|
7
|
7
|
7
|
(2)
|
(9)
|
(19)
|
(25)
|
(27)
|
(10)
|
(43)
|
(36)
|
(24)
|
(46)
|
(10)
|
(15)
|
(85)
|
|
Stock-Based Compensation |
17
|
19
|
21
|
23
|
25
|
28
|
30
|
32
|
33
|
34
|
37
|
39
|
41
|
42
|
45
|
45
|
48
|
51
|
52
|
56
|
59
|
58
|
64
|
70
|
87
|
104
|
114
|
122
|
120
|
118
|
116
|
115
|
110
|
112
|
118
|
122
|
128
|
131
|
122
|
109
|
0
|
|
Other Non-Cash Items |
27
|
28
|
31
|
36
|
35
|
37
|
37
|
38
|
37
|
40
|
44
|
48
|
54
|
55
|
57
|
53
|
54
|
59
|
61
|
68
|
73
|
72
|
78
|
88
|
104
|
120
|
129
|
135
|
144
|
142
|
143
|
141
|
124
|
126
|
126
|
136
|
139
|
143
|
136
|
116
|
522
|
|
Cash Taxes Paid |
0
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
36
|
0
|
0
|
0
|
61
|
|
Cash Interest Paid |
0
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
15
|
0
|
0
|
0
|
20
|
0
|
0
|
0
|
16
|
0
|
0
|
0
|
16
|
0
|
0
|
0
|
33
|
0
|
0
|
0
|
38
|
0
|
0
|
0
|
52
|
|
Change in Working Capital |
13
|
1
|
10
|
7
|
9
|
2
|
(5)
|
(2)
|
(4)
|
(3)
|
(8)
|
0
|
(7)
|
(16)
|
(5)
|
2
|
24
|
16
|
11
|
17
|
16
|
(6)
|
(13)
|
(30)
|
(66)
|
(19)
|
(11)
|
(17)
|
(16)
|
(8)
|
(6)
|
50
|
49
|
31
|
54
|
35
|
(26)
|
11
|
(41)
|
(54)
|
21
|
|
Cash from Operating Activities |
117
N/A
|
108
-8%
|
119
+11%
|
121
+1%
|
129
+7%
|
132
+2%
|
130
-1%
|
140
+7%
|
154
+10%
|
160
+4%
|
159
0%
|
177
+11%
|
176
0%
|
175
-1%
|
188
+7%
|
191
+1%
|
201
+6%
|
180
-11%
|
180
+0%
|
186
+3%
|
183
-2%
|
168
-8%
|
175
+4%
|
170
-3%
|
148
-13%
|
203
+37%
|
210
+4%
|
209
-1%
|
214
+2%
|
208
-3%
|
196
-6%
|
234
+19%
|
204
-13%
|
201
-1%
|
197
-2%
|
217
+10%
|
200
-8%
|
242
+21%
|
243
+0%
|
219
-10%
|
296
+35%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(22)
|
(21)
|
(27)
|
(33)
|
(34)
|
(42)
|
(45)
|
(43)
|
(44)
|
(40)
|
(39)
|
(39)
|
(39)
|
(42)
|
(45)
|
(49)
|
(52)
|
(52)
|
(56)
|
(57)
|
(58)
|
(60)
|
(56)
|
(72)
|
(72)
|
(71)
|
(70)
|
(52)
|
(52)
|
(56)
|
(61)
|
(68)
|
(71)
|
(70)
|
(68)
|
(67)
|
(64)
|
(62)
|
(67)
|
(65)
|
(67)
|
|
Other Items |
(189)
|
(189)
|
(157)
|
(157)
|
(107)
|
(107)
|
(106)
|
(110)
|
(3)
|
(3)
|
(54)
|
(49)
|
(146)
|
(151)
|
(141)
|
(142)
|
(45)
|
(150)
|
(109)
|
(109)
|
(109)
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
(419)
|
(439)
|
(438)
|
(434)
|
(15)
|
6
|
5
|
(0)
|
(0)
|
(1)
|
(6)
|
(6)
|
(6)
|
|
Cash from Investing Activities |
(211)
N/A
|
(210)
+1%
|
(184)
+12%
|
(190)
-3%
|
(141)
+26%
|
(149)
-6%
|
(151)
-1%
|
(153)
-1%
|
(47)
+69%
|
(43)
+9%
|
(93)
-116%
|
(88)
+5%
|
(185)
-111%
|
(194)
-5%
|
(187)
+4%
|
(192)
-3%
|
(98)
+49%
|
(202)
-106%
|
(165)
+18%
|
(166)
0%
|
(167)
-1%
|
(59)
+65%
|
(56)
+5%
|
(72)
-28%
|
(72)
+0%
|
(71)
+1%
|
(70)
+1%
|
(52)
+26%
|
(471)
-808%
|
(495)
-5%
|
(499)
-1%
|
(501)
0%
|
(86)
+83%
|
(64)
+25%
|
(63)
+1%
|
(67)
-6%
|
(64)
+4%
|
(64)
+1%
|
(74)
-16%
|
(72)
+3%
|
(73)
-3%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(41)
|
(69)
|
(99)
|
(139)
|
(108)
|
(80)
|
(50)
|
(10)
|
0
|
0
|
0
|
0
|
(19)
|
(281)
|
(281)
|
(344)
|
(418)
|
|
Net Issuance of Debt |
130
|
113
|
85
|
71
|
128
|
137
|
146
|
133
|
(66)
|
(67)
|
(15)
|
(39)
|
95
|
110
|
90
|
88
|
(52)
|
116
|
81
|
77
|
80
|
(58)
|
(78)
|
(60)
|
1
|
(37)
|
(1)
|
22
|
429
|
434
|
398
|
330
|
(100)
|
(108)
|
(97)
|
(115)
|
(81)
|
162
|
177
|
260
|
297
|
|
Cash Paid for Dividends |
(22)
|
(22)
|
(22)
|
(22)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(24)
|
(24)
|
(24)
|
(18)
|
(12)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other |
(10)
|
(8)
|
(9)
|
(15)
|
24
|
18
|
15
|
17
|
81
|
(125)
|
(17)
|
(145)
|
206
|
(45)
|
(27)
|
(14)
|
(217)
|
(20)
|
(10)
|
(3)
|
55
|
(11)
|
43
|
(66)
|
35
|
(6)
|
(35)
|
(32)
|
(57)
|
(35)
|
(21)
|
93
|
74
|
55
|
276
|
(23)
|
(43)
|
(65)
|
(24)
|
3
|
(18)
|
|
Cash from Financing Activities |
97
N/A
|
83
-15%
|
54
-35%
|
34
-38%
|
130
+285%
|
133
+2%
|
139
+5%
|
128
-8%
|
(9)
N/A
|
(214)
-2 420%
|
(54)
+75%
|
(207)
-282%
|
279
N/A
|
43
-85%
|
40
-6%
|
50
+27%
|
(292)
N/A
|
73
N/A
|
48
-34%
|
51
+7%
|
111
+117%
|
(93)
N/A
|
(52)
+44%
|
(138)
-165%
|
(11)
+92%
|
(111)
-941%
|
(135)
-21%
|
(150)
-11%
|
264
N/A
|
318
+21%
|
327
+3%
|
413
+26%
|
(26)
N/A
|
(54)
-108%
|
179
N/A
|
(138)
N/A
|
(143)
-3%
|
(184)
-29%
|
(128)
+31%
|
(81)
+36%
|
(139)
-71%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
(0)
|
(0)
|
(1)
|
(1)
|
(3)
|
(2)
|
(2)
|
(2)
|
3
|
2
|
2
|
3
|
(1)
|
0
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(4)
|
1
|
(3)
|
(1)
|
3
|
2
|
5
|
5
|
3
|
0
|
(0)
|
(8)
|
(14)
|
(11)
|
(9)
|
(1)
|
3
|
2
|
0
|
(1)
|
6
|
(2)
|
|
Net Change in Cash |
3
N/A
|
(19)
N/A
|
(12)
+40%
|
(36)
-211%
|
115
N/A
|
113
-1%
|
116
+3%
|
113
-3%
|
100
-11%
|
(96)
N/A
|
15
N/A
|
(115)
N/A
|
269
N/A
|
24
-91%
|
39
+62%
|
49
+24%
|
(190)
N/A
|
49
N/A
|
62
+28%
|
67
+8%
|
128
+90%
|
13
-90%
|
66
+414%
|
(38)
N/A
|
68
N/A
|
26
-62%
|
10
-59%
|
10
-8%
|
7
-29%
|
31
+350%
|
16
-49%
|
132
+744%
|
82
-38%
|
75
-9%
|
312
+317%
|
15
-95%
|
(6)
N/A
|
(5)
+5%
|
41
N/A
|
72
+77%
|
81
+13%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
95
N/A
|
87
-8%
|
92
+6%
|
88
-5%
|
95
+8%
|
90
-6%
|
86
-5%
|
97
+13%
|
110
+13%
|
120
+9%
|
121
+1%
|
138
+15%
|
138
0%
|
133
-3%
|
143
+7%
|
142
-1%
|
149
+5%
|
128
-14%
|
124
-3%
|
129
+4%
|
124
-4%
|
108
-13%
|
119
+9%
|
97
-18%
|
76
-22%
|
132
+73%
|
140
+6%
|
157
+12%
|
162
+3%
|
152
-6%
|
135
-11%
|
166
+23%
|
133
-20%
|
132
-1%
|
129
-2%
|
150
+16%
|
136
-10%
|
180
+33%
|
176
-2%
|
154
-13%
|
229
+49%
|