ST JOE CO JOE Cash Flow

St joe co (JOE)

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	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Net (loss) income
-1,335	8,627	5,827	10,227	1,980	-433	5,343	26,067	625	38,293	6,141	10,614	4,188	2,634	2,698	1,578	8,554	-2,742	2,757	-270	-1,716	-11,159	-156	14,608	402,989	556	4,189	2,701	-2,480	-8,638	15,333	175	-880	-328,618	-2,437	-13,343	14,090	-2,724	-13,126	-8,631	-11,424
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion and amortization
3,073	3,125	2,629	2,422	2,111	2,162	2,309	2,272	2,255	2,594	2,306	2,032	1,953	2,087	2,094	2,102	2,288	2,205	2,231	2,135	2,915	2,209	2,174	1,944	2,095	2,159	2,312	2,335	2,325	2,925	2,400	2,457	2,328	2,870	3,020	3,446	6,504	3,362	3,356	3,457	3,482
Stock based compensation
27	27	27	10	13	14	14	3	232	29	28	0	19	38	37	56	0	-	-	-	-	-	-	-	-	-	-	-	-	-98	-6	511	491	-157	226	-89	8,472	429	885	2,314	1,531
Loss on sale of investments
-48	61	28	0	-2	27	100	-22	-1,078	-7	-104	7,739	3,122	755	40	0	0	-	-	-	-	0	0	-432	-401	0	93	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss (gain) on investments, net
-4,761	-4,037	-1,438	-1,916	2,049	-3,676	-88	1,267	-538	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,189	103	1,018	-247	-	-	-	-	-	-	-	-
Other-than-temporary impairment loss
-	-	-	-	-	577	1,660	0	63	1,519	403	0	366	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in loss from unconsolidated affiliates
-83	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-11	-11	-10	151	-12	-15	-12	-6	-20	-9	-11	-42	-11	-16	-24	-3,829	-50	-51	-378
Deferred income tax (benefit) expense
-935	-	-	-	-	3,009	1,741	-496	550	13,063	824	4,476	-988	-28,707	-270	456	-1,106	179	-1,608	-735	-159	4,910	-15	-28,490	-22,532	820	94	0	-5	-	-	-	647	52,379	-1,540	-6,931	9,589	-4,298	-8,427	-4,719	-6,546
Impairment loss on investment in real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	374,846	0	1,697	782	4,244	0	502	53
Expenditures for and acquisition of real estate to be sold
6,323	14,271	11,208	7,517	7,085	6,239	5,292	5,243	3,045	2,338	1,116	2,838	2,183	2,938	3,661	487	1,249	2,933	1,201	2,031	2,213	1,309	2,554	1,635	1,870	4,233	3,725	4,603	6,604	-	-	-	-	-	-	-	-	-	-	-	-
Cost of real estate sold
1,593	9,051	5,596	6,554	1,613	2,396	3,294	2,602	3,943	4,684	5,617	3,252	174	1,398	1,140	2,517	1,434	3,652	2,030	6,154	2,748	2,636	1,801	19,598	52,025	7,470	6,604	3,082	4,866	51,740	-14,657	-2,673	-7,162	2,818	3,339	5,454	-1,167	9,581	-1,567	-1,127	-566
Notes financed by the Company for operating properties sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	403	3,661	-1,182	2,366	-	-	-	-	-	-	-	-	-	-	-	-
Timber Note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	200,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64	0	130	62	13,370	0	0	1,182	-1,182	-	-	-	-	-	-	-	-	-	-	-	-
Accretion income and other
268	254	287	319	361	348	533	514	524	585	675	691	1,208	1,248	766	413	365	122	445	555	658	599	764	1,107	-341	1,534	-186	-194	-188	-	-	-	110	-	-	-	-	-	-	-	-
(Gain) loss on disposal of property and equipment
-	-	-	-	-	-5,210	-5	-1	-7	-806	-52	-29	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on land contribution to equity method investment
4,277	0	845	0	1,472	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	82	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Notes receivable
-	-	-	-	-	-	-	-	-	-	740	848	-40	-	-361	-92	-65	-339	-232	-19,229	-1,980	-950	-773	-739	-780	-970	-567	3	-28	26	-164	-16	-440	-444	72	-650	-524	-6,774	-111	-104	-524
Claim settlement receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-4,942	95	103	12,548	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-4,390	-642	-945	6,461	-4,645	6,047	-6,361	927	-596	3,747	-822	3,308	-651	4,740	-1,787	1,145	-1,004	4,533	-1,962	82	997	677	-745	3,749	1,329	1,338	-1,800	182	1,876	-1,808	-135	1,109	-249	-2,388	-3,850	582	185	3,546	-2,015	489	1,153
Other liabilities
1,408	1,073	-3,389	7,328	-1,284	-2,332	-1,088	5,183	-2,999	657	-10,016	9,165	4,928	-2,796	-6,132	2,402	4,142	-7,874	-6,026	10,353	152	134	-2,764	3,433	4,143	-7,776	-2,947	3,289	7,338	-3,497	-7,885	4,011	1,836	-19,080	-9,533	7,003	1,445	-19,651	3,152	-1,477	2,008
Income taxes receivable
998	-1,670	1,009	251	-661	-	-	-	-	8,371	0	-27,019	348	22,834	676	1,272	0	-1,028	-326	1,090	-1,233	-11,504	-18,202	-55,477	84,071	538	0	0	0	-	-	-	-	-177	-141	-1,752	-732	767	69,269	-7,867	2,468
Net cash provided by (used in) operating activities
3,117	15,664	2,432	13,523	-1,226	-4,850	8,551	35,500	2,219	4,271	3,802	38,491	7,142	90	-1,279	7,420	4,431	-13,173	-2,454	36,972	1,073	8,138	-17,706	-11,533	352,136	2,626	4,697	6,686	2,324	-6,677	21,937	4,150	3,631	-24,965	-11,596	-10,724	37,446	-13,145	58,896	-14,943	-14,496
Cash flows from investing activities:
Expenditures for operating property
32,974	21,146	17,106	17,765	8,834	4,720	8,383	5,745	3,914	2,528	10,226	11,336	4,310	80	484	2,385	277	1,157	1,289	2,457	1,716	2,190	7,429	2,829	10,144	10,453	3,915	4,933	0	0	0	-8,296	8,296	-21,438	11,532	5,672	4,234	5,295	3,789	4,251	1,447
Expenditures for property and equipment
1,476	1,149	796	6,227	1,182	923	440	662	590	485	1,249	245	1,026	665	224	61	347	181	737	650	900	614	360	413	1,096	447	1,258	1,361	528	209	73	12	181	840	30	1,268	288	165	830	170	117
Proceeds from the disposition of assets
-	-	-	-	-	0	0	0	5,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70	8	29	13
Proceeds from insurance claims
-	-1,307	2,582	4,998	5,798	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments - debt securities
49,927	-	-	-	-	-	-	-	-	9,864	10,187	37,830	36,910	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments - equity securities
-	1,189	4,603	0	5	4,663	0	0	10,442	2,072	0	6,481	12,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of restricted investments
12	14	20	17	23	16	24	18	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	91,476	207,423	9,275	102,254	55,220	184,520	0	88,345	85,219	386,419	163,116	76,369	64,951	115,410	0	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100,000	0	185,000	125,000	50,319	40,000	35,000	25,000	75,000	25,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Sales of investments - debt securities
-	-	-	-	-	58	-9	32,677	30,871	29,018	20,669	53,336	48,729	114,241	74,894	-47	8,460	61,971	182,740	11,884	129,100	0	75,000	5,618	2,621	0	7,725	-196	196	-	-	-	-	-	-	-	-	-	-	-	-
Sales of investments - equity securities
2,502	-	-	-	-	-	-	-	-	0	13,198	0	8,324	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales of restricted investments
1,208	3	1	17	1,138	17	10	-5	1,087	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of assets held by special purpose entities
415	0	373	0	414	0	371	-1	415	0	372	0	415	0	372	0	415	0	372	-1	416	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions from unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	249	10	-9	400
Contributions to unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-148	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-80,264	-181	-14,429	-11,994	-2,694	-7,164	-4,752	33,574	22,407	31,733	12,577	-2,556	2,622	63,883	-16,918	-24,913	-1,024	58,379	125,866	9,207	251,949	-37,830	21,992	-355,964	-146,883	-11,755	-37,399	-121,900	-332	447	-73	-12	-181	3,782	70	-5,702	-288	154	-812	-150	296
Cash flows from financing activities:
Capital contribution from non-controlling interest
-	-	-	-	-	0	0	823	64	5	47	141	0	-	-	-	-	-	-	-	-	-	-	-	-	-	1,360	1,030	713	-	-	-	-	-	-	-	-	-	-	-	-
Capital contribution to unconsolidated affiliate
600	862	0	0	254	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common shares
6,800	2,000	11,700	0	7,100	-31	20,900	58,805	13,695	11,427	95,551	6,288	34,156	0	0	0	14,820	80	304,924	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on debt
6,545	7,761	5,521	3,374	7,279	7,340	3,567	5,704	33	0	436	679	509	-	0	0	0	42,193	1,500	2,336	2,171	2,696	6,506	5,648	10,323	6,445	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of other long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61	0	166	-	-	-	-
Principal payments for debt
272	302	265	804	236	259	232	656	215	240	212	612	226	113	0	349	35	31,618	73	251	0	56	93	427	51	36	0	285	0	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments under finance lease obligation
11	11	11	10	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
193	260	76	792	21	-1	1	1,131	27	0	0	0	20	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,458	3,625
Reduction in excise tax benefits related to stock based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	0	53	690	-287	102	-42
Taxes paid on behalf of employees related to stock based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-8	33	-	0	0	152	104	0	9,354	-4,646	2,349	-247	-242	-553
Net cash used in financing activities
-1,338	4,637	-18,171	3,352	-309	5,936	-17,931	-54,028	-13,840	-12,462	-96,810	-6,080	-33,893	9,640	0	-349	-14,855	9,680	-303,497	2,085	2,171	2,625	6,413	180,961	10,272	8,192	1,350	745	680	-188	-19,365	72	-152	-4,668	-61	29	-4,759	416	-544	1,318	3,030
Net decrease in cash, cash equivalents and restricted cash
-78,485	20,120	-30,168	4,881	-4,229	-6,078	-14,132	15,046	10,786	23,542	-80,431	29,855	-24,129	73,613	-18,197	-17,842	-11,448	54,886	-180,085	48,264	255,193	-27,067	10,699	-186,536	215,525	-937	-31,352	-114,469	2,672	-6,418	2,499	4,210	3,298	-25,851	-11,587	-16,397	32,399	-12,575	57,540	-13,775	-11,170
Supplemental disclosures of cash flow information:
Interest
-	-	-	-	-	-	-	-	-	-	-	-	5,137	-	5,062	195	5,664	578	5,083	44	4,864	-3,473	4,110	388	708	640	306	859	608	-324	1,135	459	1,802	-	-	-	-	-	-	-	-
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	0	-	2	2,300	0	0	0	0	0	16,711	17,801	35,505	474	-42	17	25	-22	100	66	35	118	-	-	-	-	-	-	-	-
Capitalized interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash financing and investing activities:
Increase in Community Development District debt
-	-	-	-	-	-	-	-	-	-	-	-	194	-	-36	-117	174	-1,354	57	-142	671	638	157	-5,631	467	120	-237	2,538	168	733	-1,391	-470	172	-	-	-	-	-	-	-	-
Decrease in pledged treasury securities related to defeased debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-26,016	36	152	158	-1,028	145	144	149	-972	137	135	142	5,128	-584	-1,535	510	-	-	-	-	-	-	-	-
Increase in expenditures for operating properties and property and equipment financed through accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	1,206	-	-430	573	4	-256	261	1,129	4	-423	4,464	-1,104	1,929	1,031	3,003	-9	472	-629	1,356	751	439	-	-	-	-	-	-	-	-
Exchange of Timber Note for investments held by special purpose entity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	200,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Capital contributions to special purpose entity from non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,492	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-