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Stock-based comp doesn't "bring in cash" (ie it doesn't represent employees exercising/buying options); it's an addback because it's a non-cash expense.
I knew that about SBC; I'm having one of those days of little sleep the night before and cannot think clearly on anything - I should NOT be at work today. But a purchase plan, if I'm not mistaken, would bring in cash. The Company deducts pay from employee paychecks and then uses those funds to purchase stock at approximately 85% of its market value. That would be a source of cash. However, the Company did not show that in their cash flow statements in prior years - at least not as a segregated item. Thoughts?
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