Exponent Cash Flow Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '25 Jan 3, 2025	Dec '23 Dec 29, 2023	Dec '22 Dec 30, 2022	Dec '21 Dec 31, 2021
Net Income	109	100.34	102.33	101.2
Depreciation & Amortization	9.69	8.92	7.08	6.49
Loss (Gain) From Sale of Investments	-	-	-	-0.01
Stock-Based Compensation	23.24	20.36	20.36	19.26
Provision & Write-off of Bad Debts	4.45	3.23	3.08	1.96
Other Operating Activities	-3.3	0.09	-7.36	-6.01
Change in Accounts Receivable	1.5	-0.47	-33.33	-30.25
Change in Accounts Payable	0.44	-5.06	2.22	8.44
Change in Unearned Revenue	-5.34	2.88	-0.93	7.96
Change in Other Net Operating Assets	4.86	-2.92	0.36	15.52
Operating Cash Flow	144.54	127.35	93.81	124.57
Operating Cash Flow Growth	13.49%	35.76%	-24.69%	20.57%
Capital Expenditures	-6.94	-16.36	-12.04	-6.83
Investment in Securities	-	-	-	45
Investing Cash Flow	-6.94	-16.36	-12.04	38.18
Issuance of Common Stock	5.74	2.18	2.02	3.11
Repurchase of Common Stock	-12.63	-34.15	-168.76	-22.67
Common Dividends Paid	-58.21	-54.04	-49.24	-43.2
Financing Cash Flow	-65.11	-86.01	-215.98	-62.75
Foreign Exchange Rate Adjustments	-0.74	0.71	-2.02	0.17
Net Cash Flow	71.75	25.69	-136.23	100.16
Free Cash Flow	137.6	111	81.76	117.74
Free Cash Flow Growth	23.97%	35.75%	-30.56%	19.75%
Free Cash Flow Margin	26.54%	22.32%	17.63%	27.08%
Free Cash Flow Per Share	2.67	2.15	1.56	2.21
Cash Income Tax Paid	39.72	38.94	40.12	27.91
Levered Free Cash Flow	107.3	79.65	76.76	92.73
Unlevered Free Cash Flow	107.3	79.65	76.76	92.73
Change in Working Capital	1.46	-5.57	-31.68	1.67

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