Green Plains Inc. GPRE Cash Flow

Green plains inc. (GPRE)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows from operating activities:
Net loss from continuing operations including noncontrolling interest
-10,347	-	-	-	-33,402	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss from discontinued operations, net of income taxes
-	-	-	-	-4,469	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-10,347	-34,459	-35,491	-40,179	-37,871	59,857	-7,419	3,751	-19,455	52,347	39,429	-11,796	1,651	24,438	12,884	12,985	-19,816	713	10,041	7,792	-3,318	42,238	41,749	32,314	43,203	25,461	9,410	5,965	2,555	33,020	-1,007	-7,554	-12,696	13,261	12,402	5,019	7,531
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization
18,080	19,164	14,634	20,705	17,624	18,088	26,873	26,823	26,474	23,477	27,834	26,188	26,083	28,094	14,699	23,288	18,145	17,316	16,622	16,165	15,847	16,360	16,417	14,735	14,627	13,047	12,763	12,435	12,609	12,906	13,505	13,259	13,158	13,228	12,811	12,034	12,003
Amortization of debt issuance costs and debt discount
5,099	4,731	5,327	7,044	3,262	2,660	3,102	3,911	3,604	3,016	3,297	3,905	4,020	-	-	-	3,665	2,097	2,088	1,706	1,962	1,861	2,356	2,544	2,005	2,130	856	786	1,055	885	761	778	775	746	515	610	578
Goodwill impairment
24,091	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34	-	-	-	-	-	-	-	-
Deferred income taxes
-23,895	21,666	-11,375	-14,616	-12,927	13,496	-14,919	-11,041	-12,020	7,488	-75,669	-9,962	-2,934	21,323	1,523	2,451	-20,387	12,132	-50,968	2,523	8,800	11,882	2,192	-14,328	23,791	14,596	6,594	4,288	2,015	9,963	11,368	-4,145	-6,482	13,831	9,207	-357	1,617
Stock-based compensation
1,324	2,286	2,597	2,324	2,485	2,694	3,291	2,996	2,439	3,400	3,264	2,986	2,511	2,448	2,395	2,385	2,263	5,545	2,153	2,399	-1,345	-956	1,359	898	2,139	1,065	971	1,009	883	1,142	1,037	941	1,171	686	914	728	1,101
Income (loss) from equity method investees, net of income taxes
7,966	2,263	643	-35	-74	-107	-250	-102	-137	-	-	-	-	-988	-1,559	1,167	-1,675	1,159	-519	-1,226	-933	-1,618	-1,640	-1,902	1,031	-429	-948	-610	-520	-540	-447	-833	-578	-309	-284	-123	-63
Distributions from equity method investments
3,247	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Allowance for doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-320	49	46	20	31	77	14
Other
-6	-	83	-1,409	81	-	-	-	-	-	-	4	-23	-	1	45	-103	-	0	-80	-24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities before effects of business combinations and dispositions:
Accounts receivable
-72,684	42,868	-32,418	41,768	-30,456	-18,759	-10,630	-14,868	814	24,929	-19,926	38,145	-50,486	457	-8,933	35,328	10,036	-44,974	24,969	14,439	-36,357	33,083	-11,447	2,745	3,764	28,970	-28,972	27,091	-1,641	-4,046	-12,307	22,349	-13,534	-14,890	31,653	70	226
Inventories
-38,626	2,378	24,391	-40,222	-36,569	25,994	35,484	-34,347	-54,103	-132,808	167,709	-40,832	41,911	88,138	27,131	-82,819	9,562	70,365	47,165	-53,280	14,160	66,551	53,377	-50,440	21,422	33,550	9,697	-59,378	-6,628	52,442	54,492	-64,672	21,477	46,047	23,382	-57,046	26,454
Deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,558	-2,549
Derivative financial instruments
32,290	-5,212	-4,120	15,053	-18,141	1,899	11,908	5,959	-7,472	-8,619	-4,498	4,652	12,584	17,672	-6,439	-1,637	1,797	3,355	-8,470	-7,971	-2,062	28	-40,444	-101,082	127,314	34,625	6,225	-11,381	15,277	-5,452	-467	-4,939	8,264	-41,384	-2,070	10,816	7,797
Prepaid expenses and other assets
-1,135	3,107	-1,070	-193	-2,637	230	660	-2,179	-618	2,824	-2,189	-1,219	1,228	3,243	1,517	92	-760	-1,119	-1,512	2,762	-7,982	10,507	-3,517	706	-2,305	2,684	4,084	-1,588	-4,735	-300	7,924	-2,044	-4,909	-6,382	1,065	-2,300	3,559
Accounts payable and accrued liabilities
-58,652	20,581	29,542	7,555	-59,456	25,193	17,537	18,414	-114,709	21,443	40,157	11,985	-86,420	72,781	27,277	-1,791	-49,190	23,424	38,964	3,834	-99,434	44,318	25,827	-343	2,804	34,857	6,321	14,115	-33,050	34,393	47,833	11,564	-80,716	29,402	55,308	16,449	-77,751
Current income taxes
-13,251	5,313	-38	-573	-1,564	297	20,680	-1,138	11,678	-39,547	-278	-1,440	178	-9,976	3,022	1,851	3,216	-8,054	11,489	-11,633	-1,388	-6,474	-13,144	24,033	2	-	-	-	-	-	-	-	-	-	-	-	-
Unearned revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,771	11,625	-	6,045	-2,128	3,365	856	-1,592	-12,304	2,745	5,179	-1,643	-14,990	4,326
Other
114	-1,879	3,311	1,699	-2,843	-7,065	2,242	-321	618	-1,411	-39	-1,348	26	-	-	587	-1,154	2,933	-560	-840	100	-87	4,014	-122	-814	-478	-1,039	528	-392	1,082	-154	252	172	330	-753	111	92
Net cash used in operating activities - discontinued operations
-	-	-	-	-22,975	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
17,777	-9,168	31,845	-11,426	2,192	-45,421	38,529	86,950	-41,091	-67,928	-76,492	22,408	-60,151	37,514	58,253	84,741	-79,807	21,350	-30,684	68,982	-45,778	-4,017	74,554	201,229	-50,216	-13,760	51,312	81,679	-11,895	3,698	22,994	52,475	-92,891	92,941	35,543	71,600	-91,195
Cash flows from investing activities:
Purchases of property and equipment, net
38,792	32,109	19,905	14,079	9,388	10,637	15,252	7,288	7,352	8,119	8,490	13,083	14,902	22,455	6,574	10,513	18,571	18,886	15,774	14,358	14,332	15,305	15,307	14,158	14,777	7,171	7,645	3,044	1,904	2,884	9,488	8,744	5,660	6,957	8,481	15,475	11,570
Investments in unconsolidated subsidiaries
-	-	-	-	-	-	-	-	-	-	3,184	6,450	2,399	-	2,382	-734	-260	-	0	2,975	334	-	183	3,289	-12	-	2,344	0	803	-	-	-	-	-	-	-	-
Proceeds from the sale of assets, net
-	0	314	0	3,155	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of businesses, net of cash acquired
-	-	-	-	-	-	-	623	1,006	-	0	57,653	4,074	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,490	0	-303	2,312	6,106
Contribution to equity method investees
-	-	-	-	-	-	193	2,239	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
1,098	-	-	-	-	0	0	0	-7,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	327	329	468
Net cash used in investing activities - discontinued operations
-	-	-	-	-1,421	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used investing activities
-39,890	-2,424	53,380	-12,658	-6,233	657,932	-139,445	-10,150	-872	-18,245	-11,674	-77,186	-21,375	-283,064	-241,509	-29,714	-18,311	-135,428	-15,774	-17,333	-14,666	-6,993	-15,490	-41,347	-14,765	-116,539	-9,989	-18,349	-2,707	113,342	-10,230	-14,515	-7,150	-9,756	-8,505	-18,116	-18,144
Cash flows from financing activities:
Proceeds from the issuance of long-term debt
-	-22,390	32,400	117,100	30,600	24,400	16,400	17,900	24,400	19,100	517,700	19,100	14,700	187,000	271,000	10,000	56,000	0	0	138,600	39,800	48,800	50,125	315,925	127,842	158,199	145,900	18,300	21,400	19,900	19,200	18,000	16,000	28,000	14,849	28,235	67,004
Payments of principal on long-term debt
21	-22,533	23,110	15,344	29,781	513,852	19,167	19,740	23,630	22,759	421,111	19,494	46,845	66,225	19,355	15,276	5,947	991	6,075	147,701	41,043	81,984	56,167	330,851	88,848	193,019	37,841	39,820	32,815	32,463	32,010	42,600	13,080	46,134	27,298	42,208	91,226
Proceeds from short-term borrowings
820,264	807,422	550,261	919,060	525,456	721,017	669,559	1,079,131	1,010,077	726,668	1,151,680	1,049,874	1,100,076	1,161,912	999,008	1,015,663	954,363	854,888	814,460	792,385	775,744	992,397	933,525	980,800	802,174	858,941	831,169	810,750	847,650	866,675	918,994	756,768	782,086	885,519	953,129	834,070	853,205
Payments on short-term borrowings
844,316	770,232	552,265	962,321	555,687	744,012	676,343	1,155,610	1,002,664	866,012	1,035,418	1,044,265	1,055,664	1,099,777	1,015,581	1,045,495	906,115	827,692	814,319	831,275	746,280	902,954	944,671	977,660	845,244	757,219	838,053	865,828	860,456	851,082	896,384	791,252	710,653	894,835	959,507	871,219	818,237
Payments for repurchase of common stock
11,479	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	10,445	-	-	-	-
Payments of cash dividends and distributions
5,498	5,497	5,497	10,358	10,334	10,344	10,341	10,329	10,251	10,116	10,023	9,783	9,461	9,441	9,317	9,272	9,248	9,149	4,569	3,045	3,032	3,009	3,006	1,497	1,396	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disgorgement of shareholder short-swing profits
-	0	0	0	6,699	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,434	1,522	-9,756	10,360	-810	2,820	-15,095	16,580	-28,117	16,185	-4,101	-513	14,539	1,263	-13,991	6,242	3,414	-8,664	5,204	-16,888	8,723	17,629	-17,628
Payments of loan fees
-	-	-	-	-	435	751	2,368	254	-	-	-	-	-	-	-	-	0	1,025	4,232	57	1,243	101	6,249	37	2,280	5,830	1,896	40	26	5	9	292	1,946	1,028	272	402
Payments related to tax withholdings for stock-based compensation
1,209	219	7	116	1,978	354	202	123	2,890	394	304	0	3,801	0	38	52	2,116	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercises of stock options
-	-	-	-	-	0	0	100	50	0	0	0	50	-	-	-	-	0	132	28	606	-20	848	2,180	1,396	3,901	124	82	391	-	-	-	-	-	-	-	-
Net cash provided by financing activities - discontinued operations
-	-	-	-	18,509	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,837	1,630	204	-2,734	59	45
Net cash used in financing activities
-42,259	27,449	-65,094	-15,250	-35,025	-528,787	84,391	-91,039	-5,162	51,879	180,044	-14,766	-945	176,551	203,695	-51,549	96,693	3,082	142,833	-58,060	40,833	35,407	8,670	-33,537	-12	67,817	79,723	-79,675	-9,879	-2,928	6,730	-52,266	60,042	-26,125	-45,513	-68,964	28,017
Net change in cash, cash equivalents and restricted cash
-64,372	15,857	20,131	-39,334	-44,953	83,724	-16,525	-14,239	-47,125	-34,294	91,878	-69,544	-82,471	-68,999	20,439	3,478	-1,425	-110,996	96,375	-6,411	-19,611	24,397	67,734	126,345	-64,993	-62,482	121,046	-16,345	-24,481	114,112	19,494	-14,306	-39,999	57,060	-18,475	-15,480	-81,322
Non-cash financing activity:
Exchange of 3.25% convertible notes due 2018 for shares of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	89,950	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosures of cash flow:
Cash paid (refunded) for income taxes
-4,663	-77	76	535	29	1,090	-20,405	1,429	-4,592	-5,830	86	1,640	336	1,344	44	1,028	2,276	486	38,795	994	3,558	19,314	34,713	7,243	547	598	238	542	1,289	242	38	0	457	16	903	-389	441
Cash paid for interest of continuing operations
8,683	2,510	-1,262	15,489	7,550	10,811	12,930	17,424	19,499	8,314	9,670	14,510	15,804	13,965	3,716	11,221	9,343	9,491	4,148	13,200	5,914	8,622	8,017	10,127	7,990	8,424	6,137	8,192	7,880	8,797	7,394	10,053	7,032	9,139	7,973	10,221	7,884
Cash paid for interest of discontinued operations
-	-	-	-	4,373	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-