LSB INDUSTRIES INC LXU Cash Flow

Lsb industries inc (LXU)

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
Cash flows from operating activities
Cash flows from continuing operating activities
Net loss
-19,452	-27,714	-30,794	6,631	-11,540	-13,045	-26,084	-27,506	-5,591	914	-17,112	-7,033	-5,986	-21,533	133,551	15,091	-14,941	-8,068	-33,763	417	6,649	657	-3,777	11,113	11,641	37,343	10,260	7,427	-68	11,560	6,708	26,033	14,303	27,988	6,306	28,645	20,903
Adjustments to reconcile net loss to net cash provided (used) by operating activities:
Income from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	3,657	173,041	22,779	824	-	-	-	-	-	-	-	-	-	-	-	-	-62	-2	-97	-21	-14	-18	-53	-57
Deferred income taxes
-374	-15,098	-507	-5,735	445	810	-2,427	4,352	-910	-29,743	-6,698	-2,762	-1,242	-10,885	-22,495	-3,696	-4,937	-6,882	-23,057	-673	3,176	-6,166	-3,106	8,649	5,999	17,900	3,629	2,201	340	-1,548	-746	1,202	1,337	6,472	650	1,603	-37
Depreciation and amortization of property, plant and equipment
17,592	16,750	17,665	17,084	16,826	16,752	16,848	18,930	17,736	16,655	16,179	17,047	17,115	17,874	16,862	14,028	10,590	9,447	9,772	7,710	9,001	4,566	9,059	8,683	8,679	3,938	7,002	6,510	6,550	5,824	4,778	5,061	5,018	4,901	4,677	4,592	4,592
Amortization of intangible and other assets
315	313	311	312	313	574	590	595	602	609	611	464	463	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on property insurance recovery associated with property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,147	-	-	-	-	-	-	-	-	-	-	-	-
Expense associated with modification of secured term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	387
Expense associated with induced conversion of 5.5% convertible debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	558
Loss (gain) on sales of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15	-	-101	-914	19
Amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	87	-	87	114	153
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	415	-	242	265	254
Other
-1,373	1,299	-1,604	-391	-2,098	4,977	-2,671	-3,777	-627	3,478	-1,969	-2,733	790	2,461	-6,317	1,151	-1,766	1,216	-2,048	-1,335	795	1,193	-2,115	-457	111	1,878	-3,639	-750	-619	-	-	-	-	-	-	-	-
Cash provided (used) by changes in assets and liabilities:
Provisions for losses on accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	-	39	79	42
Provision for (realization of) losses on inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-	1,072	294	-15
Provision for (realization of) losses on firm sales commitments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,984	-	-	-	-
Provision for impairment on long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Equity in earnings of affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	171	-	168	-78	285
Distributions received from affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	429	-	398	425	400
Changes in fair value of commodities contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	142	-	-430	30	-82
Changes in fair value of interest rate contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	270	-	-395	-292	52
Accounts receivable
7,512	6,711	-17,317	4,349	-2,543	8,475	619	-14,370	7,443	8,008	-9,930	967	7,276	9,434	-13,661	7,669	-3,436	6,996	-7,568	-5,453	2,348	892	1,090	-3,640	9,876	-3,542	-13,379	3,900	9,796	-15,436	9,806	-2,520	215	1,674	-15,772	25,678	1,871
Inventories
2,996	2,760	1,049	-13,294	3,393	11,297	2,744	-5,693	-1,650	3,226	4,478	-2,903	-4,857	11,127	-5,147	-3,790	-3,562	-1,116	4,549	-4,442	1,477	76	3,880	-2,813	-150	-3,702	569	-11,383	5,368	185	7,684	-10,385	9,123	-15,452	15,618	-10,875	10,649
Prepaid insurance
-3,115	-	-3,554	-2,901	-2,991	-	-3,106	-3,050	-2,722	-	-3,451	-3,134	-3,026	9,537	-2,675	-2,161	-2,405	7,456	-3,536	-2,676	-3,744	9,922	-3,640	-4,207	-3,772	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid and accrued income taxes
-	-	-	-	-	-	-	-	-	-	31	-1,155	115	5,321	874	-1,434	858	2,228	-5,771	-191	4,640	-2,088	-8	-2,646	8,247	-3,819	1,394	56	-10,909	5,704	-2,066	5,689	1,686	-5,267	-9,329	-509	2,300
Other supplies, prepaid items and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-226	1,574	3,301	-932	1,474	-710	2,796	-3,540	-620	11,171	-3,434	-2,212	2,785	-1,551	-1,913	-1,174	5,156	1,582	-1,491	2,747
Accounts payable
-3,171	7,270	2,183	-6,960	-10,480	9,185	3,156	2,298	-431	4,954	-1,216	-9,259	6,895	627	-1,659	2,391	15,273	-13,153	5,620	-4,921	1,629	-4,006	5,264	-8,283	8,179	3,487	-1,748	-698	-4,695	-2,608	14,064	-4,848	-5,628	-1,569	5,100	3,132	-4,488
Accrued interest
11,805	-10,300	10,199	-8,972	9,659	-10,217	9,631	1,626	-7,959	7,976	-7,963	7,965	-7,979	-	-	-	-8,078	-	-	-	-8,086	-	-	-	-7,547	-	-	-	-	-	-	-	-	-	-	-	-
Accrued payroll and benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,122	-	-1,185	-3,136	2,301
Commodities contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-501
Customer deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-986	-3,003	-	-	-3,983	-322	-	-	-	-	-4,051	10,897	-3,636	474	-	3,996	-2,189	3,588
Other assets and other liabilities
-2,873	-886	-429	-1,397	-2,401	-799	3,232	-1,009	214	287	1,476	-2,074	-1,411	2,742	-479	8,772	-2,547	-983	-2,130	1,773	-1,459	5,840	-5,455	6,163	-5,515	2,083	-1,194	4,743	-4,128	1,080	-1,537	1,048	-202	871	3,074	866	382
Net cash provided (used) by operating activities
-2,178	-	20,711	13,200	7,061	-	5,436	32,127	1,217	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred gain on insurance recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,383	-	-	1,563	5,122	-	-	-	0	-	-	-	-
Net cash provided by continuing operating activities
-	-	-	-	-	-	-	-	-	-17,053	-3,612	15,154	7,787	-21,214	-25,068	12,587	11,657	-23,999	-9,501	16,117	12,603	-18,239	1,029	35,564	20,306	-27,002	38,400	26,999	-20,121	26,091	16,858	45,407	11,115	37,440	11,368	24,826	16,337
Cash flows from investing activities
Cash flows from continuing investing activities
Expenditures for property, plant and equipment
10,737	15,626	7,589	5,751	7,115	9,863	11,818	9,122	6,247	10,253	8,810	2,468	13,894	10,356	32,130	65,920	104,137	138,909	143,054	90,144	66,837	53,325	71,217	47,635	45,308	38,495	31,119	38,264	44,344	31,031	29,158	16,823	15,632	13,076	16,589	9,977	4,579
Net proceeds from sales of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-777	215	1,025	199	94	10	-63	266	-78	159	12	19
Proceeds from property insurance recovery associated with property, plant and equipment
-	-	-	-	-	0	0	0	1,531	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,147	42,576	9,649	9,527	4,495	-	-	-	0	-	-	-	-
Net proceeds from sale of discontinued operations
-	-	-	-	-	0	0	0	2,730	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	10,015	10,018	4	0	0	0	10,012
Purchases of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	15,000	10,000	-	-	-	-	-	-	-	-	0	11	10,017	4	10,005	0	0	9
Proceeds from current and noncurrent restricted cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	45,969	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits of current and noncurrent restricted cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	365	0	0	165,106	-29,072	109,266	667	82	-	-185	208	0	-	-	-	-
Proceeds from noncurrent restricted investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50,000	0	0	209,990	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of carbon credits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	992	673
Payments on contractual obligations-carbon credits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	180	693	0	900	673
Other investing activities
-179	-59	26	-53	-9	-277	644	-661	-95	-324	537	-450	-502	-479	-2,418	-1,017	37	-2,553	-722	-514	1,080	-1,839	1,202	998	-386	-1,780	6	703	109	128	177	122	99	181	-279	828	86
Net cash used by investing activities
-10,558	-15,567	-7,554	-5,698	-7,106	-9,580	-5,808	-8,461	-1,891	-	-	-	-	0	0	-400	-625	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from financing activities
Net Cash Provided By Used In Investing Activities Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	16,824	-13,392	109,563	212,733	-64,825	-104,174	-121,269	-132,332	-65,130	-31,948	1,532	-1,076	-14,980	5,109	-5,846	-309,720	-29,082	-39,841	-69,673	-19,136	-17,215	-15,645	-22,620	-16,580	-10,753	5,357
Cash flows from continuing financing activities
Proceeds from revolving debt facility
30,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from revolving debt facility
-	-	-	-	-	-	-	-	-	-	-	-	-	0	20,609	30,907	25,000	-	-	-	-	-	-	-	-	-	-	-	-	0	0	47,732	161,506	170,881	169,061	173,082	156,715
Payments on revolving debt facility
-	-	-	-	-	-	-	-	-	-	-	-	-	0	51,516	0	25,000	-	-	-	-	-	-	-	-	-	-	-	-	0	0	47,732	161,506	170,881	169,061	173,082	156,715
Proceeds from other long-term debt
2,570	3,389	1,035	15,000	795	-	-	-	-	-	-	-	-	0	0	4,800	9,951	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Payments on other long-term debt
2,042	2,008	1,982	8,473	1,610	1,577	1,538	4,408	1,647	1,708	1,760	6,428	4,225	3,749	4,014	5,326	2,313	4,308	2,873	2,861	2,881	-	-	-	-	-	-	-	-	1,189	1,185	1,206	3,439	3,344	1,517	9,943	541
Proceeds from long-term debt, net of fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5,000	34,825	-	-	-	-	-	-	-	-
Payments on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,613	2,918	2,322	-	1,996	2,923	1,738	-	-	-	-	-	-	-	-
Payments of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	90	-	5,406	67	476	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4	0	108
Payments on short-term financing
3,036	2,858	2,615	2,641	2,714	3,251	1,516	3,658	2,447	2,334	2,623	2,805	3,717	3,862	2,747	2,263	2,520	2,890	3,185	2,758	3,566	2,760	4,071	4,092	4,073	2,404	2,774	2,795	2,782	2,507	1,701	1,692	1,684	1,515	1,151	1,145	1,139
Payments of issuance costs relating to preferred stocks and warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	785	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from modification of secured term loan, net of fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	10,347
Payments on loans secured by cash value of life insurance policies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,918	-	-	-	-
Proceeds from exercises of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	147	896	742	425	142	429	78	149	561	55	249	224	210	160	173	223	34	427	513
Taxes paid on equity awards
64	254	5	0	690	1,788	4	42	184	1,295	-1	1	66	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows of discontinued operations:
Net cash used by operating activities
-	-	-	-	-	-	-	-	-	710	-457	-502	-1,212	-924	-10,951	8,236	2,276	13,321	11,556	13,468	-32	26,515	-46	-27	-65	35,569	-41	-52	-52	-36	-102	-46	-36	-73	-72	-73	-65
Net cash used by financing activities
-	-	-	-	-	-	-	-	-	-36	-69	-66	-65	-498	-472	-469	-901	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used by discontinued operations
-	-	-	-	-	-	-	-	-	674	-526	-568	-1,277	-1,422	-11,423	7,367	750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess income tax benefit associated with stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250	-49	129	-	-	-	300	-	301	0	110	145	130	37	186	60	-9	406	703
Acquisition of redeemable preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	39	-	-	-	-
Dividends paid on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	300	0	0	0	300	-	-	-	-	0	0	0	300	0	0	0	305
Other financing activities
-	-	-	-	-79	-	-	-	-	-	-	-	-	-	-	-	49	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided (used) by financing activities
27,428	10,448	-4,345	28,764	-4,298	14,040	-4,098	-5,117	-4,278	5,582	-4,382	-9,234	-8,098	-102,920	-123,068	28,373	3,906	236,101	22,628	11,166	-5,876	8,044	-6,542	-6,881	-6,317	10,290	345,442	-963	30,664	7,865	-2,546	-2,789	-7,021	2,199	-2,731	3,953	9,470
Net increase (decrease) in cash and cash equivalents
14,692	-	-	-	-4,343	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash and cash equivalents
-	-	-	-	-	-	-	18,549	-4,952	-	-14,148	22,176	-14,980	-15,993	53,174	-16,498	-87,861	103,311	-108,767	-27,092	-25,253	15,616	-6,635	13,676	19,033	3,949	74,081	-3,098	-29,350	-35,753	-4,926	25,357	-11,587	16,946	-8,015	17,953	31,099
Cash payments for income taxes, net of refunds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,539	8,476	4,581	-	13,138	15,965	8,654
Other assets, accounts payable and long-term debt associated with additions of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-39	6,210	3,208	-	-1,330	3,155	2,507
Debt issuance costs incurred associated with senior secured notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	234	601
Debt issuance costs written off associated with 5.5% debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	0	328
Accounts payable associated with 5.5% debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	558
Accrued liabilities extinguished associated with 5.5% debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	0	336
5.5% debentures converted to common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	0	24,400