The Hackett Group Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 27, 2024	Dec '23 Dec 29, 2023	Dec '22 Dec 30, 2022	Dec '21 Dec 31, 2021
Net Income	29.63	34.15	40.8	41.55
Depreciation & Amortization	3.92	3.42	3.44	4.38
Other Amortization	0.08	0.07	0.08	0.05
Stock-Based Compensation	19.52	10.72	10.27	10.12
Provision & Write-off of Bad Debts	0.88	0.03	0.09	0.37
Other Operating Activities	-0.33	1.77	-1.83	1.35
Change in Accounts Receivable	-5.47	-3.83	2.6	-18.24
Change in Accounts Payable	-1.05	-1.18	1.06	1.58
Change in Unearned Revenue	-1	-1.19	-1.34	5.85
Change in Income Taxes	1.39	-3.4	5.76	-2.04
Change in Other Net Operating Assets	0.16	-3.16	-2.03	1.4
Operating Cash Flow	47.73	37.4	58.9	46.35
Operating Cash Flow Growth	27.61%	-36.50%	27.08%	5.20%
Capital Expenditures	-4.08	-4.1	-4.66	-3.24
Cash Acquisitions	-6.54	-	-	-
Investing Cash Flow	-10.62	-4.1	-4.66	-3.24
Long-Term Debt Issued	-	5	60	-
Long-Term Debt Repaid	-20	-32	-	-
Net Debt Issued (Repaid)	-20	-27	60	-
Issuance of Common Stock	1	0.94	0.88	0.76
Repurchase of Common Stock	-10.49	-4.52	-119.79	-34.61
Common Dividends Paid	-12.11	-11.97	-10.44	-12.89
Other Financing Activities	-0.06	-0.01	-0.38	-0
Financing Cash Flow	-41.66	-42.57	-69.74	-46.74
Foreign Exchange Rate Adjustments	-0.04	-0.03	-0.05	-0.03
Net Cash Flow	-4.59	-9.3	-15.54	-3.66
Free Cash Flow	43.65	33.3	54.25	43.11
Free Cash Flow Growth	31.08%	-38.62%	25.83%	2.24%
Free Cash Flow Margin	14.22%	11.43%	18.73%	15.53%
Free Cash Flow Per Share	1.55	1.21	1.70	1.31
Cash Interest Paid	1.9	3.47	0.08	0.06
Cash Income Tax Paid	11.64	13.26	4.55	9.1
Levered Free Cash Flow	44.24	26.12	54.78	31.94
Unlevered Free Cash Flow	45.15	28.07	54.78	31.95
Change in Working Capital	-5.97	-12.76	6.06	-11.45

Source: S&P Global Market Intelligence. Standard template. Financial Sources.