Vistaprint Reports Double-Digit Growth, Releases Five-Year Plan

Capital expenditures in the fourth quarter were $8.2 million or 3.9 percent of revenue. During the full fiscal year, capital expenditures were $37.4 million or 4.6 percent of revenue.

During the fourth quarter, the company generated $36.3 million of cash from operations and $26.4 million in free cash flow, defined as cash from operations less purchases of property, plant and equipment, purchases of intangible assets, and capitalization of software and website development costs. During the full fiscal year, the company generated $162.6 million of cash from operations and $118.7 million in free cash flow.