ST JOE CO JOE Cash Flow

St joe co (JOE)

CashFlow / TTM

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
23,346	26,661	17,601	17,117	32,957	31,602	70,328	71,126	55,673	59,236	23,577	20,134	11,098	15,464	10,088	10,147	8,299	-1,971	-10,388	-13,301	1,577	406,282	417,997	422,342	410,435	4,966	-4,228	6,916	4,390	5,990	-313,990	-331,760	-345,278	-330,308	-4,414	-15,103	-10,391	-35,905	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion and amortization
11,249	10,287	9,324	9,004	8,854	8,998	9,430	9,427	9,187	8,885	8,378	8,166	8,236	8,571	8,689	8,826	8,859	9,486	9,490	9,433	9,242	8,422	8,372	8,510	8,901	9,131	9,897	9,985	10,107	10,110	10,055	10,675	11,664	15,840	16,332	16,668	16,679	13,657	0	0	0
Stock based compensation
91	77	64	51	44	263	278	292	289	76	85	94	150	131	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	898	839	1,071	471	8,452	9,038	9,697	12,100	5,159	0	0	0
Loss on sale of investments
41	87	53	125	103	-973	-1,007	-1,211	6,550	10,750	11,512	11,656	3,917	795	0	0	0	-	-	-	-	-833	-833	-740	-308	93	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss (gain) on investments, net
-12,152	-5,342	-4,981	-3,631	-448	-3,035	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,063	0	0	0	-	-	-	-	-	-	-	-
Other-than-temporary impairment loss
-	-	-	-	-	2,300	3,242	1,985	1,985	2,288	0	0	366	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in loss from unconsolidated affiliates
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-32	119	118	114	112	-45	-53	-47	-46	-82	-73	-80	-93	-3,880	-3,919	-3,954	-4,308	0	0	0
Deferred income tax (benefit) expense
0	-	-	-	-	4,804	14,858	13,941	18,913	17,375	-24,395	-25,489	-29,509	-29,627	-741	-2,079	-3,270	-2,323	2,408	4,001	-23,754	-46,127	-50,217	-50,108	-21,618	909	0	0	0	-	-	-	44,555	53,497	-3,180	-10,067	-7,855	-23,990	0	0	0
Impairment loss on investment in real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	377,325	6,723	6,723	5,528	4,799	0	0	0
Expenditures for and acquisition of real estate to be sold
39,319	40,081	32,049	26,133	23,859	19,819	15,918	11,742	9,337	8,475	9,075	11,620	9,269	8,335	8,330	5,870	7,414	8,378	6,754	8,107	7,711	7,368	10,292	11,463	14,431	19,165	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cost of real estate sold
22,794	22,814	16,159	13,857	9,905	12,235	14,523	16,846	17,496	13,727	10,441	5,964	5,229	6,489	8,743	9,633	13,270	14,584	13,568	13,339	26,783	76,060	80,894	85,697	69,181	22,022	66,292	45,031	39,276	27,248	-21,674	-3,678	4,449	10,444	17,207	12,301	5,720	6,321	0	0	0
Notes financed by the Company for operating properties sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,248	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Timber Note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200,000	200,000	200,000	200,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	256	13,562	13,562	13,432	14,552	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accretion income and other
1,128	1,221	1,315	1,561	1,756	1,919	2,156	2,298	2,475	3,159	3,822	3,913	3,635	2,792	1,666	1,345	1,487	1,780	2,257	2,576	3,128	2,129	3,064	2,114	813	966	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-
(Gain) loss on disposal of property and equipment
-	-	-	-	-	-5,223	-819	-866	-894	-887	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on land contribution to equity method investment
5,122	2,317	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Notes receivable
-	-	-	-	-	-	-	-	-	-	0	0	-669	-	-857	-728	-19,865	-21,780	-22,391	-22,932	-4,442	-3,242	-3,262	-3,056	-2,314	-1,562	-566	-163	-182	-594	-1,064	-828	-1,462	-1,546	-7,876	-8,059	-7,513	-7,513	0	0	0
Claim settlement receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	7,804	12,746	12,651	12,548	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
484	229	6,918	1,502	-4,032	17	-2,283	3,256	5,637	5,582	6,575	5,610	3,447	3,094	2,887	2,712	1,649	3,650	-206	1,011	4,678	5,010	5,671	4,616	1,049	1,596	-1,550	115	1,042	-1,083	-1,663	-5,378	-5,905	-5,471	463	2,298	2,205	3,173	0	0	0
Other liabilities
6,420	3,728	323	2,624	479	-1,236	1,753	-7,175	-3,193	4,734	1,281	5,165	-1,598	-2,384	-7,462	-7,356	595	-3,395	4,613	7,875	955	4,946	-2,964	-3,147	-3,291	-96	4,183	-755	-33	-5,535	-21,118	-22,766	-19,774	-20,165	-20,736	-8,051	-16,531	-15,968	0	0	0
Income taxes receivable
588	-1,071	0	0	0	-	-	-	-	-18,300	-3,837	-3,161	25,130	24,782	920	-82	-264	-1,497	-11,973	-29,849	-86,416	-1,112	10,930	29,132	84,609	538	0	0	0	-	-	-	-	-2,802	-1,858	67,552	61,437	64,637	0	0	0
Net cash provided by (used in) operating activities
34,736	30,393	9,879	15,998	37,975	41,420	50,541	45,792	48,783	53,706	49,525	44,444	13,373	10,662	-2,601	-3,776	25,776	22,418	43,729	28,477	-20,028	331,035	325,523	347,926	366,145	16,333	7,030	24,270	21,734	23,041	4,753	-28,780	-43,654	-9,839	1,981	72,473	68,254	16,312	0	0	0
Cash flows from investing activities:
Expenditures for operating property
88,991	64,851	48,425	39,702	27,682	22,762	20,570	22,413	28,004	28,400	25,952	16,210	7,259	3,226	4,303	5,108	5,180	6,619	7,652	13,792	14,164	22,592	30,855	27,341	29,445	19,301	8,848	4,933	-8,296	0	-21,438	-9,906	4,062	0	26,733	18,990	17,569	14,782	0	0	0
Expenditures for property and equipment
9,648	9,354	9,128	8,772	3,207	2,615	2,177	2,986	2,569	3,005	3,185	2,160	1,976	1,297	813	1,326	1,915	2,468	2,901	2,524	2,287	2,483	2,316	3,214	4,162	3,594	3,356	2,171	822	475	1,106	1,063	2,319	2,426	1,751	2,551	1,453	1,282	0	0	0
Proceeds from the disposition of assets
-	-	-	-	-	5,000	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	120	0	0	0
Proceeds from insurance claims
-	12,071	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments - debt securities
0	-	-	-	-	-	-	-	-	94,791	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments - equity securities
-	5,797	9,271	4,668	4,668	15,105	12,514	12,514	18,995	21,153	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of restricted investments
63	74	76	80	81	78	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	410,428	374,172	351,269	341,994	328,085	358,084	559,983	723,099	711,123	690,855	419,846	256,730	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	410,000	360,319	400,319	250,319	150,319	175,000	160,000	125,000	100,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Sales of investments - debt securities
-	-	-	-	-	63,597	92,557	113,235	133,894	151,752	236,975	291,200	237,817	197,548	145,278	253,124	265,055	385,695	323,724	215,984	209,718	83,239	83,239	15,964	10,150	7,725	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Sales of investments - equity securities
0	-	-	-	-	-	-	-	-	21,522	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales of restricted investments
1,229	1,159	1,173	1,182	1,160	1,109	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of assets held by special purpose entities
788	787	787	785	784	785	785	786	787	787	787	787	787	787	787	787	786	787	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions from unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	650	0	0	0
Contributions to unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-106,868	-29,298	-36,281	-26,604	18,964	44,065	82,962	100,291	64,161	44,376	76,526	47,031	24,674	21,028	15,524	158,308	192,428	445,401	349,192	245,318	-119,853	-518,685	-492,610	-552,001	-317,937	-171,386	-159,184	-121,858	30	181	3,516	3,659	-2,031	-2,138	-5,766	-6,648	-1,096	-512	0	0	0
Cash flows from financing activities:
Capital contribution from non-controlling interest
-	-	-	-	-	887	892	939	257	193	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Capital contribution to unconsolidated affiliate
1,462	1,116	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common shares
20,500	20,800	18,769	27,969	86,774	93,369	104,827	179,478	126,961	147,422	135,995	40,444	34,156	14,820	14,900	319,824	319,824	305,004	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on debt
23,201	23,935	23,514	21,560	23,890	16,644	9,304	6,173	1,148	1,624	0	0	509	-	42,193	43,693	46,029	48,200	8,703	13,709	17,021	25,173	28,922	22,416	16,768	6,445	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of other long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Principal payments for debt
1,643	1,607	1,564	1,531	1,383	1,362	1,343	1,323	1,279	1,290	1,163	951	688	497	32,002	32,075	31,977	31,942	380	400	576	627	607	514	372	321	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments under finance lease obligation
43	36	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
1,321	1,149	888	813	1,152	1,158	1,159	1,158	27	20	0	0	20	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,083	0	0	0
Reduction in excise tax benefits related to stock based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	744	456	558	463	0	0	0
Taxes paid on behalf of employees related to stock based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	256	256	9,610	4,812	7,057	6,810	-2,786	1,307	0	0	0
Net cash used in financing activities
-11,520	-10,491	-9,192	-8,952	-66,332	-79,863	-98,261	-177,140	-129,192	-149,245	-127,143	-30,333	-24,602	-5,564	-5,524	-309,021	-306,587	-289,561	-296,616	13,294	192,170	200,271	205,838	200,775	20,559	10,967	2,587	-18,128	-18,801	-19,633	-24,113	-4,809	-4,852	-9,459	-4,375	-4,858	-3,569	4,220	0	0	0
Net decrease in cash, cash equivalents and restricted cash
-83,652	-9,396	-35,594	-19,558	-9,393	5,622	35,242	-31,057	-16,248	-51,163	-1,092	61,142	13,445	26,126	7,399	-154,489	-88,383	178,258	96,305	287,089	52,289	12,621	38,751	-3,300	68,767	-144,086	-149,567	-115,716	2,963	3,589	-15,844	-29,930	-50,537	-21,436	-8,160	60,967	63,589	20,020	0	0	0
Supplemental disclosures of cash flow information:
Interest
-	-	-	-	-	-	-	-	-	-	-	-	11,284	-	11,499	11,520	11,369	10,569	6,518	5,545	5,889	1,733	5,846	2,042	2,513	2,413	1,449	2,278	1,878	3,072	0	0	0	-	-	-	-	-	-	-	-
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	2,302	-	2,302	2,300	0	0	16,711	34,512	70,017	70,491	53,738	35,954	474	-22	120	169	179	319	0	0	0	-	-	-	-	-	-	-	-
Capitalized interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash financing and investing activities:
Increase in Community Development District debt
-	-	-	-	-	-	-	-	-	-	-	-	975	-	-1,333	-1,240	-1,265	-768	1,224	1,324	-4,165	-4,369	-4,887	-5,281	2,888	2,589	3,202	2,048	-960	-956	0	0	0	-	-	-	-	-	-	-	-
Decrease in pledged treasury securities related to defeased debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-25,670	-682	-573	-581	-590	-534	-542	-551	-558	5,542	4,821	3,151	3,519	0	0	0	-	-	-	-	-	-	-	-
Increase in expenditures for operating properties and property and equipment financed through accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	1,341	-	-109	582	1,138	1,138	971	5,174	2,941	4,866	6,320	4,859	5,954	4,497	2,837	1,190	1,950	1,917	0	0	0	-	-	-	-	-	-	-	-
Exchange of Timber Note for investments held by special purpose entity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200,000	200,000	200,000	200,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Capital contributions to special purpose entity from non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,492	3,492	3,492	3,492	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-