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Product Description
Case 7-1 , p . 455
Cash Flow and Free Cash Flow Analysis
The statement of cash flows for Lands ’ End is reproduced here : CASE 7 – 1
LANDS ’ END , INC . & SUBSIDIARIES
Consolidated Statements of Cash Flows
FOR PERIOD ENDED
($ in thousands ) Year 9 Year 8 Year 7
Cash flows from operating activities
Net income ..........................................................$ 31,185 $ 64,150 $ 50,952
Adjustments to reconcile net income to
net cash flows from operating activities —
Pretax non-recurring charge ................................. 12,600 — —
Depreciation and amortization ...................................... 18,731 15,127 13,558