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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