Financial Statements

Wolverine World Wide, Inc. (WWW)

$20.97

-0.31 (-1.46%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2019 2018 2017
Retained Earnings (Previous Year) 1,093-1,170992-
Net Income 69-1371292000
Stock Dividends -1,1281,264-161,015
Dividend Paid -34-34-34-29-23
Retained Earnings -1,0931,2631,170992

PPE Schedule

Year 2022 2021 2019 2018 2017
Gross PPE 267-131137-
Annual Depreciation 1827720516169
Capital Expenditure -18-10-34-22-32
Net PPE 267267302131137

Intangible and Goodwill Schedule

Year 2022 2021 2019 2018 2017
Intangible and Goodwill (Previous Year) -430424-442
New Purchases -52-175-319--
Intangible and Goodwill 430424439442-

Wolverine World Wide, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Wolverine World Wide, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.