INNOPHOS HOLDINGS, INC. IPHS Cash Flow

Innophos holdings, inc. (IPHS)

CashFlow / Quarterly

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	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows provided by operating activities
Net income
6,451	1,401	8,694	4,820	14,090	6,246	10,915	-11,283	11,582	11,223	10,923	9,382	13,643	12,104	12,842	-4,633	5,433	13,603	11,943	11,328	18,320	20,628	14,185	14,596	10,940	11,567	12,403	13,392	16,706	16,504	27,588	20,950	18,857	20,746	25,969	19,262	-2,080	17,623	10,350
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
11,130	10,887	9,759	11,614	10,864	11,089	11,364	11,395	9,878	9,550	9,581	8,872	10,043	9,282	9,282	8,854	9,048	10,762	9,871	8,818	9,244	8,924	8,475	7,667	8,943	9,465	9,386	10,216	10,563	11,316	10,239	11,233	11,526	10,723	10,194	11,537	13,020	12,259	12,655
Amortization of deferred financing charges
107	108	107	108	107	107	108	107	107	108	107	175	168	169	168	170	160	142	143	133	130	131	132	134	137	141	147	456	141	142	145	147	149	154	158	168	5,568	983	431
Deferred income tax provision
34	139	69	2,622	6,909	97	0	-	-	-	-	-	-	-	-	-36,806	34	28	107	2,917	0	-71	0	874	-721	-460	1,791	1,712	-1,186	-25	-334	-999	2,242	1,593	2,543	1,978	-9,557	696	203
Gain on sale of building
-	-	-	-	-	-	-	0	0	0	153	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred profit sharing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-681	961	-311	-255	-365	-1,285	-209	-205
Share-based compensation
1,621	2,780	787	1,044	1,151	1,994	998	827	711	1,568	717	493	1,028	1,292	9	4,375	658	1,402	183	592	713	817	1,158	408	15	1,033	718	-1,407	991	1,107	1,221	1,128	1,094	1,755	2,273	1,166	2,008	1,195	721
Changes in assets and liabilities:
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-1,749
Accounts receivable
7,262	-12,763	9,156	-528	-5,838	2,269	5,841	-2,004	5,227	1,049	6,748	-2,165	-5,195	-6,868	12,170	-20,875	-785	946	9,930	-4,162	-13,058	667	18,640	-11,110	-2,315	-8,196	15,708	-1,740	-4,956	-28,664	22,342	17,284	3,196	-4,120	11,794	2,234	-6,350	7,465	14,997
Inventories
-2,165	-1,108	-6,640	11,424	9,958	4,364	8,772	-2,876	-1,223	-10,878	9,228	-10,920	-16,612	-10,408	-6,072	2,986	-5,484	-1,305	-8,268	20,732	-478	-788	-16,412	23,356	4,270	13,983	-23,261	5,296	-412	2,680	-19,776	10,274	10,045	33,593	-8,891	-2,950	10,938	483	1,075
Other current assets
-1,876	13,944	-1,026	-10,195	4,881	4,789	-308	-1,275	-6,126	1,781	4,194	2,736	3,845	-13,066	7,119	-12,023	2,728	-16,688	2,719	-9,012	9,405	-6,153	-6,001	-9,595	-6,760	-2,063	-8,388	18,413	5,722	17,987	-20,571	6,265	-1,344	-5,178	-2,981	6,722	21,540	7,771	-1,763
Accounts payable
6,069	-3,551	-20,578	10,638	1,525	-1,777	-915	4,069	-1,177	-416	-5,973	17,248	-4,873	-3,982	6,310	-5,827	-6,465	12,471	-16,615	9,627	5,488	-1,558	638	-4,831	3,334	-6,228	9,973	-916	-5,162	10,742	-2,736	-5,496	-6,458	7,050	-1,035	9,498	5,469	-1,360	3,109
Other current liabilities
815	9,768	-5,542	-13,702	11,009	5,138	-5,856	-7,417	4,354	1,139	-3,827	-2,781	2,182	-1,441	-16,886	22,590	6,931	-1,160	-429	-6,801	4,471	-1,250	3,793	4,602	-945	-4,223	-11,058	-2,051	6,109	-4,262	-20,780	-19,416	13,141	-2,279	-6,131	5,447	36,924	3,462	-21,311
Other long-term assets and liabilities, net
8,521	1,807	1,280	-555	10,847	3,387	837	-13,054	248	1,199	1,884	-4,396	388	3,016	1,582	-4,354	-1,345	1,136	-1,271	2,346	453	-606	-1,372	3,152	-3,793	-602	3,745	-309	396	0	3,488	2,131	6	632	2,473	309	2,930	-370	120
Net cash provided by operating activities
7,882	26,255	-9,474	38,248	25,807	8,085	1,472	27,332	27,301	30,035	-10,679	57,305	39,765	45,113	-3,074	22,989	20,685	53,159	2,093	16,710	42,044	34,501	33,526	17,647	30,301	8,173	35,556	-258	27,412	43,521	29,860	-29,088	29,609	14,504	31,321	42,376	21,009	19,300	-6,727
Cash flows used for investing activities:
Capital expenditures
9,739	5,913	9,924	8,945	21,325	11,410	15,065	10,209	8,573	7,524	8,553	10,924	7,137	10,514	8,024	9,929	7,624	8,235	5,911	6,955	6,278	8,589	6,133	3,082	14,454	8,442	7,437	17,063	5,506	5,291	5,200	6,948	10,549	9,391	7,307	9,062	37,438	-8,059	-7,249
Proceeds from sale of building
-	-	-	-	-	-	-	0	0	0	1,028	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for investing activities
-9,739	-5,913	-9,924	13,830	-21,325	-11,410	-15,065	-36,224	-133,557	-7,524	-7,525	-10,924	-7,137	-10,514	-8,024	-9,929	-7,624	-8,235	-5,911	-8,104	-6,572	-8,589	-6,133	-7,507	-14,454	-8,442	-7,437	-61,676	-32,599	-5,291	-5,200	-27,481	-10,549	-9,391	-7,307	-9,062	-6,822	-8,059	-7,249
Cash flows provided by financing activities:
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	8	0	0	9	56	0	1	189	1	0	60	99	1,150	425	75	0	-	-	-	-	0	0	164	320	43	20	15	158
Long-term debt borrowings
14,000	2,000	35,000	0	25,000	21,000	40,000	58,000	132,000	0	14,000	5,000	0	13,000	23,000	3,000	46,000	40,000	70,000	9,000	0	0	0	35,007	0	25,000	3,000	318,000	10,000	0	5,000	22,000	0	0	0	-	-	-	-
Long-term debt repayments
4,000	2,000	5,000	45,000	10,000	36,000	5,000	43,000	17,000	9,000	10,000	20,000	30,000	14,001	5,001	76,001	4,000	1,001	1,001	1,001	11,002	16,000	8,001	34,000	6,000	11,000	25,000	259,000	26,000	23,000	1,000	11,000	1,000	1,000	6,000	21,000	190,000	56,000	0
Excess tax benefits from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	337	-15	0	-331	204	7	491	273	257	660	46	108	972	836	73	968	1,250	371	271	2,039	24	0	232	2,255	95	12	31	502
Common stock repurchases
-	-	-	-	-	-	-	-	-	-	-	-	-	318	0	-402	39,154	51,932	34,316	15,300	8,003	6,192	189	7,118	0	0	70	-1	7,255	0	0	0	6,139	0	17	0	0	0	0
Restricted stock forfeitures
0	23	212	365	0	0	251	457	0	378	360	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
9,452	9,452	9,414	9,414	9,415	9,402	9,380	9,373	9,373	9,373	9,349	9,326	9,327	9,308	9,256	9,236	9,261	9,863	10,198	10,372	10,476	8,780	8,766	8,817	7,694	7,685	7,641	7,629	5,891	5,885	5,405	5,404	5,442	5,426	3,649	3,645	3,641	3,640	3,633
Net cash provided by financing activities
548	-9,475	20,374	-54,779	5,585	-24,402	25,369	5,375	105,627	-18,751	-5,709	-25,511	-39,355	-10,627	8,421	-81,976	-6,685	-22,304	24,947	-17,606	-28,821	-30,866	-16,749	-12,806	-12,433	6,463	-28,743	51,308	-28,408	-28,600	634	5,620	-12,581	-6,030	-7,091	-24,521	-26,423	-59,594	-2,973
Effect of foreign exchange rate changes on cash and cash equivalents
0	0	0	-181	740	-723	164	-433	-135	-64	226	-179	311	-194	206	774	-323	128	-90	43	45	81	-58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in cash
-1,309	10,867	976	-2,882	10,807	-28,450	11,940	-3,950	-764	3,696	-23,687	20,691	-6,416	23,778	-2,471	-68,142	6,053	22,748	21,039	-8,957	6,696	-4,873	10,586	-3,044	3,414	6,194	-624	-9,756	-33,595	9,630	25,294	-50,949	6,479	-917	16,923	8,793	-12,236	-48,353	-16,949
Non-cash investing and financing activities:
Accrued additions to plant assets
418	280	4,544	4,327	-7,048	8,218	3,903	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-