Intrepid potash, inc. (IPI)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash Flows from Operating Activities:
Net Income (Loss) Attributable to Parent

-7,397

2,082

-217

5,611

6,155

7,634

3,350

-958

1,757

-1,047

-1,907

-5,935

-13,678

-14,117

-18,241

-13,398

-18,427

-518,258

-8,110

-4,937

6,529

5,791

-1,237

5,562

-355

-5,987

2,026

11,317

14,919

14,537

33,267

19,013

20,626

24,917

25,507

30,708

28,279

18,177

11,660

3,602

11,846

Insurance settlements income from property and business losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

12,500

-

-

-

-

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

155,232

-7,890

-202

2,956

2,152

-3

2,750

-2,778

13,793

773

7,145

8,381

9,423

7,105

11,441

10,042

6,414

12,597

14,637

15,380

11,310

12,191

2,631

4,533

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation, Depletion, And Amortization Excluding Intangible Assets

9,586

-

-

-

8,746

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation, depletion and accretion

-

-

-

-

-

-

7,763

7,560

8,515

-

8,270

8,297

9,323

7,948

8,756

9,841

14,368

26,648

20,355

19,397

21,276

20,930

20,107

19,874

19,649

17,263

15,561

14,338

14,141

12,872

12,095

11,376

11,256

9,744

8,819

8,691

8,533

7,629

6,860

6,687

6,539

Asset Retirement Obligation, Accretion Expense

435

446

513

417

417

417

417

417

417

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of Debt Issuance Costs

86

86

80

69

68

182

183

184

183

182

246

529

821

-115

562

883

783

79

87

93

93

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of Intangible Assets

80

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

1,032

1,044

975

1,231

1,031

586

1,299

1,347

947

944

993

696

989

1,046

852

654

1,046

1,300

1,185

1,533

1,062

1,017

689

1,503

1,028

1,242

1,204

1,537

1,140

1,438

973

1,386

1,319

1,208

1,104

1,560

1,112

923

978

1,128

987

Unrealized derivative gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

280

272

273

224

376

368

224

321

447

56

28

89

Lower of cost or net realizable value inventory adjustments

550

348

1,462

0

0

930

0

76

705

1,571

667

317

3,824

3,245

5,192

2,930

9,007

21,709

4,427

5,276

360

76

3,404

1,140

3,566

1,558

2,080

4

8

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) Related to Litigation Settlement

-10,075

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Assets

4,696

-362

56

-20

-19

3

0

50

34

-81

-185

-5

-1,559

-168

-109

0

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for doubtful accounts

275

25

50

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for parts inventory obsolescence

-

-

-

-

-

-

0

15

0

-

-

-

-

-165

-104

86

532

2,260

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

0

-

-

-

-4

-

-

-

-

-

-

-

-

-105

74

-192

-258

-175

-458

-577

-285

238

-224

275

-223

-410

-751

-936

-425

-320

-954

-1,022

-963

-257

-1,110

37

-492

-254

-272

-665

181

Changes in operating assets and liabilities:
Trade accounts receivable, net

8,388

-7,363

6,633

-3,664

3,057

6,872

-3,198

-8,018

11,828

-1,074

6,810

-7,642

8,776

-11,805

8,143

-15,446

14,689

-11,615

5,716

-22,874

9,955

-3,998

-478

2,769

9,431

-4,557

-10,428

-8,401

12,715

-16,287

15,848

-11,744

14,387

-4,858

-1,556

-2,344

14,295

-13,272

24,776

-14,519

7,613

Other receivables, net

308

-729

247

770

362

-3,204

1,706

1,126

207

-90

-530

491

399

-2,172

469

535

191

-1,741

-4,056

3,990

-319

-2,063

560

-5,670

3,316

-911

-2,249

1,148

344

-537

567

1,175

1,018

-4,091

3,821

5,559

454

-711

1,056

209

136

Refundable income taxes

-

-

-

-

-

0

0

181

-2,844

2,663

-1,376

-7

4

1,255

-1

-51

-40

117

-90

215

-41

-413

-14,207

1,036

-2,025

11,218

1,123

79

-3

3,306

-1,715

-767

-2,011

-2,603

-3,567

7,138

-3,019

253

3,840

-2,079

-4,835

Inventory, net

-4,976

8,298

3,317

-4,181

4,091

5,698

7,096

-6,718

-6,009

-823

7,070

-3,341

-1,643

571

-438

8,893

7,745

23,063

23,482

18,857

-7,954

7,112

-2,936

-5,767

-6,743

18,274

20,763

9,829

8,781

-983

-1,888

5,654

-4,247

2,738

2,401

3,153

1,442

1,925

-4,553

8,566

-19,821

Prepaid expenses and other current assets

-857

232

1,978

-1,088

-103

-1,113

779

-514

-914

8,074

-276

-719

-3,872

7,177

2,703

-7,374

-7,303

12,110

2,180

-397

-666

-717

1,855

-847

-1,005

-1,123

2,765

-778

-714

-1,303

3,608

-828

-1,099

-1,924

1,788

-296

-951

-891

2,903

267

-861

Accounts payable, accrued liabilities, and accrued employee compensation and benefits

8,119

-3,541

5,218

-1,852

2,455

-1,336

6,273

-3,198

1

1,881

5,417

-5,496

-64

-6,065

244

-11,997

6,596

-11,195

5,398

-936

1,180

-8,017

10,702

-372

-335

-4,005

4,658

890

-4,295

608

-6,234

11,212

1,738

-8,018

4,529

8,524

190

-3,704

4,999

10,068

-4,702

Operating lease liabilities

-552

-616

-504

-491

-479

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

41

2,953

2,835

2,474

-2,888

2,073

2,108

4,385

3,681

883

-24

62

-819

21

-377

-1,137

40

-1,393

-280

1,510

-92

-31

-106

-136

-700

-474

-396

1,533

-1,975

732

1,466

-473

-8

-1,325

-84

12

-320

-53

-268

133

-1,248

Net cash provided by operating activities

14,771

11,764

5,879

23,617

8,121

11,292

14,769

24,272

13,904

6,160

2,549

9,693

-1,709

-1,187

-13,957

1,497

-1,094

-20,902

-11,602

22,520

32,674

22,651

48,986

38,525

17,324

2,771

14,683

35,823

11,621

55,514

33,442

61,214

37,664

44,257

50,327

50,661

28,624

46,785

8,614

32,080

35,815

Cash Flows from Investing Activities:
Additions to property, plant, equipment, mineral properties, and other assets

5,710

3,888

4,431

51,559

3,958

4,223

3,790

2,408

6,470

7,279

2,667

1,136

2,423

3,636

2,481

5,757

6,018

9,034

17,993

10,311

8,678

6,445

10,186

13,220

31,919

64,258

62,468

62,611

61,148

123,352

47,285

43,360

32,409

34,764

37,120

35,213

28,603

28,978

20,161

23,733

13,950

Deposit on asset purchase

0

-

-

-

3,250

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to mineral properties and development costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,572

5,338

6,068

634

60

178

542

-

-

-

-

Proceeds from sale of property, plant, equipment, and mineral properties

4,786

0

0

68

0

18

0

58

34

97

0

1

5,553

-

0

0

0

-

-

-

-

-

-

-

-

5,980

40

58

10

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from insurance settlements from property and business losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

6

800

-

-

-

-

Purchases of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3

6,344

44,627

27,600

20,190

0

2

5

0

1

80,234

0

2,034

17,691

34,907

30,727

23,671

25,901

30,160

22,299

19,242

38,271

12,002

11,636

Proceeds from sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

4,905

18,447

13,741

23,634

14,919

20,340

5,910

3,838

779

964

2,532

18,051

45,530

10,824

253

21,586

68,084

45,159

29,615

18,722

20,758

10,408

16,593

15,778

12,174

16,811

2,201

486

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-2

-

0

0

0

-

-

-

-

Net cash used in investing activities

-924

-3,888

-7,723

-61,822

-7,208

-4,205

-3,790

-2,350

-6,436

-7,182

-2,667

-1,135

3,130

1,269

7,141

6,484

17,616

5,888

-3,997

-49,028

-32,440

-25,839

-9,222

-10,690

-13,873

-12,748

-51,605

-142,534

-39,552

-20,324

-45,389

-53,990

-50,480

-38,311

-52,673

-48,152

-35,666

-37,383

-39,886

-33,915

-25,100

Cash Flows from Financing Activities:
Issuance of common stock, net of transaction costs

-

-

-

-

-

-

-

-

-

0

1,651

11

57,468

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of long-term debt

-

-

-

-

-

-

-

-

-

0

6,000

23,000

46,000

15,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Lines of Credit

10,000

0

317

30,000

0

0

0

0

13,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Lines of Credit

-

-

-

-

-

0

0

1,500

15,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

67

1,189

1,419

1,235

0

356

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Employee tax withholding paid for restricted stock upon vesting

49

262

0

166

112

532

0

309

62

623

0

49

109

1

0

0

172

1

8

-7

1,037

56

0

0

611

75

0

0

577

132

0

322

424

40

1

589

487

44

0

487

240

Excess income tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

246

-166

-25

-21

7

55

372

-

-

0

64

Proceeds from exercise of stock options

0

12

0

0

9

67

0

36

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

31

45

254

-

-

-

-

Net cash provided by (used in) financing activities

9,951

-296

-640

19,834

-103

-11,077

0

-1,773

-2,451

396

-4,378

-23,137

11,359

-15,068

-1,189

-1,419

-1,407

-1

-364

7

-1,037

-56

0

0

-611

-75

-429

149,397

-577

-56,686

219

-488

-449

-61

-1,417

-489

139

39

-45

-487

-176

Net Change in Cash, Cash Equivalents and Restricted Cash

23,798

7,580

-2,484

-18,371

810

-3,990

10,979

20,149

5,017

-626

-4,496

-14,579

12,780

-14,986

-8,005

6,562

15,115

-15,015

-15,963

-26,501

-803

-3,244

39,764

27,835

2,840

-10,052

-37,351

42,686

-28,508

-21,496

-11,728

6,736

-13,265

5,885

-3,763

2,020

-6,903

9,441

-31,317

-2,322

10,539

Net cash paid during the period for:
Interest

227

1,275

296

1,113

49

1,841

53

1,481

95

2,551

711

5,910

2,467

5,719

26

3,087

134

2,799

157

2,963

161

2,863

126

2,708

112

374

134

136

128

484

417

511

428

183

406

450

309

559

479

519

576

Net cash paid (refunded) during the period for:
Income taxes

0

-26

870

98

0

-641

7

8

-2,843

-3

-1,506

0

10

-12

0

-50

-38

-12

-16

30

11

-206

-14,207

-72

-2,025

-2,277

0

108

2,194

7,217

272

295

595

895

378

12,512

93

340

134

-2,371

-1,771

Amounts included in the measurement of operating lease liabilities

637

-

-

-

565

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued purchases for property, plant, equipment, and mineral properties

2,557

3,272

-1,425

1,739

1,435

167

264

-282

933

3,826

0

28

214

-8

257

-1,460

2,004

3,068

-4,847

3,457

2,100

816

-3,543

-5,500

13,172

1,871

-3,095

3,904

27,012

654

1,385

13,476

9,689

2,878

4,803

-6,133

15,802

-

-

-

-

Right-of-use assets exchanged for operating lease liabilities

104

-

-168

6,720

6

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-