Intrepid potash, inc. (IPI)
Income statement / 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'10Sep'09Jun'09
Less:
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

17,642

4,427

5,276

4,427

77

3,403

1,140

3,566

1,558

2,080

4

8

60

181

-3

330

3

188

5

502

-

-

-

-

-

-

Costs associated with abnormal production and other

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,057

650

3,495

6,910

-6,910

6,910

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

470

5,784

5,179

Other Cost of Goods Sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

469

127

271

269

-

-

Gross Margin

5,623

10,190

6,949

13,171

13,168

14,825

8,960

7,286

7,200

4,133

5,601

4,687

-2,533

-4,554

-7,624

-5,466

-9,153

-1,396

-8,343

2,605

-8,343

15,446

6,888

15,678

3,992

3,159

12,903

28,053

33,800

37,183

51,854

39,895

41,206

42,758

47,107

55,138

41,217

37,646

26,808

14,741

26,876

22,900

35,397

Selling and administrative

6,599

5,846

5,548

6,355

5,807

5,157

5,121

6,190

3,970

5,232

4,623

4,656

4,404

4,197

4,731

4,536

6,570

7,176

5,943

8,424

5,943

6,947

6,466

7,064

6,746

7,716

7,921

8,639

9,492

8,744

8,039

8,710

8,257

7,673

8,277

8,986

6,871

8,101

6,439

7,969

6,613

6,475

7,763

Asset Retirement Obligation, Accretion Expense

435

446

513

417

417

417

417

417

417

390

390

389

389

442

442

442

442

424

424

424

424

406

405

406

406

375

375

374

375

181

181

181

181

184

184

191

191

176

176

176

176

169

173

Restructuring expense

-

-

-

-

-

-

-

-

-

-

0

266

-

409

0

1,914

400

-

0

0

-

0

0

0

1,827

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Care and maintenance expense

-

-

203

65

-

165

119

118

128

283

293

419

692

884

1,719

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Litigation settlement

-10,075

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Assets

4,696

-

-

-

-19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance settlements income from property and business losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

12,500

-

-

-

-

5

-2

Other operating (income) expense

11

-732

-70

83

-501

-204

934

-703

-168

-5,347

-467

641

1,650

-145

-94

1,801

104

-3,693

23

2,312

23

1,199

-2

305

2,947

-54

-2,921

1,340

-171

-403

83

85

-28

15,518

-3,115

-4,730

41

167

271

305

168

18

589

Operating (Loss) Income

-6,779

2,904

615

6,417

6,424

8,882

4,237

-142

2,517

-2,537

-172

-1,684

-9,668

-13,703

-14,610

-10,557

-16,461

-336,485

-14,687

-3,931

-14,687

9,292

15

8,513

-2,040

-4,986

1,686

20,380

23,762

28,135

43,551

30,919

32,796

34,811

41,761

50,691

46,614

29,202

19,922

6,291

19,919

16,238

26,872

Other Income (Expense)
Interest Expense

792

773

849

806

603

1,235

864

878

878

1,060

1,994

4,217

4,421

2,488

3,905

3,000

2,229

1,601

1,574

1,602

1,574

1,664

1,632

1,556

1,380

851

248

219

213

216

221

215

253

970

175

-389

113

50

430

478

555

639

-251

Interest income

116

-

0

0

0

-

0

1

98

-

1

1

3

5

57

101

123

99

232

200

232

76

35

22

53

144

165

163

52

317

487

526

513

499

446

415

370

339

207

177

96

42

15

Other (expense) income

16

12

9

0

334

147

23

62

20

-111

128

-27

413

703

218

59

142

395

67

46

67

275

343

225

234

5

73

-1,836

16

175

135

95

183

183

22

59

259

107

147

102

47

266

323

(Loss) Income Before Income Taxes

-7,439

2,143

-225

5,611

6,155

7,696

3,396

-958

1,757

-3,711

-2,038

-5,928

-13,673

-15,483

-18,240

-13,397

-18,425

-337,592

-15,962

-5,287

-15,962

7,979

-1,239

7,204

-3,133

-5,688

1,676

18,488

23,617

28,411

43,952

31,325

33,239

35,301

42,054

50,776

47,130

29,598

19,846

6,092

19,507

15,912

27,459

Income Tax Expense (Benefit)

-42

61

-8

0

0

62

46

0

0

-2,665

-130

7

5

-1,366

1

1

2

166,027

-7,852

-350

-7,852

2,189

-3

1,642

-2,778

299

-350

7,171

8,698

13,874

10,685

12,312

12,613

10,384

16,547

20,068

18,851

11,420

8,187

2,490

7,661

6,392

13,023

Net Income (Loss) Attributable to Parent

-7,397

2,082

-217

5,611

6,155

7,634

3,350

-958

1,757

-1,046

-1,908

-5,935

-13,678

-14,117

-18,241

-13,398

-18,427

-503,619

-8,110

-4,937

-8,110

5,790

-1,236

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

18,178

11,659

3,602

11,846

9,520

14,436

Weighted Average Shares Outstanding:
Basic and diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75,871

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in shares)

129,572

129,400

129,170

128,896

128,730

128,527

128,233

127,861

127,661

128,020

126,602

126,221

81,992

-

-

75,838

75,756

-

75,701

75,683

-

75,530

75,528

75,514

75,444

75,396

75,394

75,383

75,340

75,301

75,298

75,279

75,227

75,204

75,202

75,184

75,131

75,106

75,101

75,085

75,043

75,032

75,017

Diluted (in shares)

129,572

133,110

129,170

131,043

130,880

134,424

130,894

127,861

130,765

128,020

126,602

126,221

81,992

-

-

75,838

75,756

-

75,701

75,683

75,701

75,974

75,528

75,573

75,444

75,430

75,404

75,399

75,392

75,372

75,350

75,308

75,317

75,292

75,300

75,268

75,263

75,216

75,143

75,125

75,131

75,055

75,030

Earnings Per Share [Abstract]
Basic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in dollars per share)

-0.06

0.02

0.00

0.04

0.05

0.06

0.03

-0.01

0.01

0.04

-0.02

-0.05

-0.17

-

-

-0.18

-0.24

-

-0.11

-0.07

-

0.08

-0.02

0.07

0.00

-0.08

0.03

0.15

0.20

0.20

0.44

0.25

0.27

0.33

0.34

0.41

0.38

0.23

0.16

0.05

0.16

0.13

0.19

Diluted (in dollars per share)

-0.06

0.01

0.00

0.04

0.05

0.06

0.03

-0.01

0.01

0.04

-0.02

-0.05

-0.17

-

-

-0.18

-0.24

-

-0.11

-0.07

-

0.08

-0.02

0.07

0.00

-0.08

0.03

0.15

0.20

0.20

0.44

0.25

0.27

0.32

0.34

0.41

0.38

0.23

0.16

0.05

0.16

0.13

0.19

Mineral [Member]
Revenue from Contract with Customer, Including Assessed Tax

63,984

48,849

51,160

62,512

57,554

54,364

41,410

55,176

57,320

50,224

34,029

45,007

48,655

43,337

43,643

51,840

73,277

106,148

53,692

73,651

53,692

98,285

102,280

110,949

98,875

73,806

70,569

92,680

99,257

110,939

129,350

98,784

112,243

104,603

114,000

119,373

104,978

96,156

91,471

64,318

107,359

66,449

73,392

Cost of Goods Sold

43,047

26,735

31,863

35,818

31,694

26,502

23,372

35,422

36,659

32,713

19,555

29,821

35,873

32,846

35,272

41,850

59,777

78,084

42,151

55,435

42,151

68,164

77,794

79,383

78,573

57,308

46,780

55,003

53,773

61,453

63,382

51,064

60,581

52,413

55,547

53,719

51,991

49,182

53,812

41,416

67,253

30,035

26,596

Freight Costs [Member]
Cost of Goods Sold

11,860

9,583

8,724

11,293

10,456

9,894

6,886

9,789

10,483

9,150

6,160

7,985

8,721

8,612

8,187

8,931

10,332

11,129

5,348

6,898

5,348

10,606

10,925

11,760

9,932

8,281

5,952

6,526

8,097

7,880

9,699

4,823

6,762

6,019

7,602

6,727

7,991

6,581

7,831

5,573

9,766

5,593

4,122

Warehouse and Handling [Member]
Cost of Goods Sold

2,904

1,993

2,162

2,230

2,236

2,213

2,192

2,603

2,273

2,657

2,046

2,197

2,770

3,188

2,616

2,538

2,664

4,104

3,199

3,437

3,199

3,992

3,270

2,988

2,812

3,500

2,854

3,094

3,579

4,363

4,234

3,005

3,364

3,410

3,556

3,784

3,277

2,748

2,893

2,317

2,725

2,137

2,098