Otter Tail Corp OTTR Cash Flow

Otter tail corp (OTTR)

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
Operating Activities
Net Income
24,268	20,352	24,745	15,426	26,324	14,161	23,273	18,696	26,215	18,342	17,734	16,778	19,585	17,510	14,616	15,675	14,520	14,582	15,392	11,436	17,935	10,475	15,825	9,993	21,430	12,663	15,138	7,701	15,363	2,967	1,873	-17,356	7,243	-44,135	6,368	18,828	5,696	2,056	6,101	-14,218	4,717
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Net Gain from Sale of Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	119	30	228	-65	-229	7,226	-	-	-	-	0	0	0	210	-1,987	0	-455	-3,089	-	-	-	-	-	-	-	-
Net Income from Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-39	61	56	-	-	-	-	-1,088	-252	-1,992	-3,072	-3,571	2,653	2,107	-349	1,632	312	197	-81	-19,203	-2,928	-23,802	157	-57,247	-514	451	483	-32,978	2,040	1,910	1,404
Depreciation and Amortization
20,399	19,857	19,657	19,441	19,131	18,450	18,708	18,745	18,763	18,856	17,927	17,908	17,854	18,317	18,314	18,525	18,289	16,026	15,141	14,661	14,535	14,778	14,557	14,472	14,267	13,082	15,039	14,835	14,920	13,117	15,057	14,890	14,793	6,073	17,604	17,552	17,106	1,243	19,175	18,645	18,584
Asset Impairment Charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	432	-	-	-	-	-	-	-	-
Deferred Tax Credits
-329	-337	-337	-337	-337	-351	-351	-349	-354	-368	-368	-368	-366	-415	-414	-414	-414	-470	-469	-469	-470	-543	-454	-453	-454	-503	-467	-472	-483	-523	-523	-523	-522	-552	-553	-622	-659	-678	-679	-679	-679
Deferred Income Taxes
5,812	8,020	2,527	125	835	11,695	5,453	-825	2,901	8,321	7,014	4,154	4,512	4,200	5,245	4,349	5,330	13,783	-463	5,669	7,038	7,514	7,288	329	13,073	118	5,333	3,743	6,139	3,435	5,140	10,897	-7,717	544	4,467	1,526	4,124	-6,383	9,826	684	6,863
Change in Deferred Debits and Other Assets
5,087	-22,644	3,258	2,420	1,464	-9,700	332	4,014	6,295	-10,048	-200	3,070	5,005	-15,685	2,915	-145	2,825	-2,432	2,369	7,932	3,538	-54,660	4,170	1,017	-888	46,903	2,298	2,719	4,800	-21,147	6,533	2,088	7,872	-37,029	4,328	1,382	6,266	1,328	-440	-873	15
Discretionary Contribution to Pension Plan
11,200	0	12,500	0	10,000	0	0	0	20,000	0	0	0	0	0	0	0	10,000	0	0	0	10,000	0	0	0	20,000	0	0	0	10,000	0	0	0	10,000	-	-	-	-	-	-	-	-
Change in Noncurrent Liabilities and Deferred Credits
-860	-23,190	1,598	-3,155	-8,787	2,223	-568	-4,332	5,091	-17,469	-2,483	2,009	-1,314	-8,686	405	-3,041	-3,363	-16,179	-320	-3,984	-41	-59,778	400	-1,472	2,408	49,544	-2,347	-2,996	-1,975	-24,689	-1,034	2,304	-9,299	-33,488	-478	-1,127	-85	2,748	-1,063	-2,125	-2,346
Allowance for Equity/Other Funds Used During Construction
791	951	914	358	330	608	526	422	638	350	235	231	170	252	130	380	95	359	368	320	256	363	421	419	340	361	895	274	293	650	140	216	162	285	284	176	116	-	-	-	-
Change in Derivatives Net of Regulatory Deferral
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,708	-95	64	59	-305	-119	23	-118	112	366	-108	-378	34	-4	-467	-281	-249	222	-104	59	-6	-611	-1,213	1,622
Stock Compensation Expense
2,770	713	1,301	2,148	1,796	1,039	1,149	1,107	1,146	877	845	770	1,150	2,027	323	339	489	288	302	503	623	657	390	378	358	340	330	394	392	381	318	325	287	417	839	469	452	950	653	710	610
Other—Net
-46	236	-36	99	-375	-201	8	-91	284	89	-60	-44	5	-80	-3	91	-15	53	227	6	-206	-164	-244	-11	-182	-409	54	-842	-25	-1,409	-1,124	-1,278	-1,855	-5,389	-453	-350	-304	-6,291	55	337	52
Cash (Used for) Provided by Current Assets and Current Liabilities:
Change in Receivables
16,666	-14,353	-14,265	-6,608	37,086	-19,245	2,127	630	25,047	-18,987	8,290	-2,689	15,521	-2,546	-9,183	5,195	7,478	-12,274	8,102	-5,370	11,288	-11,376	287	-6,593	22,329	-13,808	-351	-3,297	13,423	-12,495	8,985	-7,346	14,897	-28,623	6,277	-92	30,390	-16,348	26,444	108	20,890
Change in Inventories
301	799	-8,808	-872	462	11,655	4,180	2,436	-35	9,119	-8,352	5,794	-2,267	2,892	-548	-4,212	-6	3,761	-2,321	-2,712	-688	6,265	-3,758	834	9,236	48	-752	13	4,062	1,539	-1,730	-4,163	5,029	-6,580	5,631	4,560	1,675	8,254	-4,170	-4,262	8,345
Change in Other Current Assets
447	55	-104	-2,742	-128	4,581	-1,399	-94	-2,334	6,139	-984	-2,117	22	4,231	-2,733	270	773	2,373	-250	-643	-1,270	3,810	-1,708	-1,086	-437	3,659	-531	-2,242	3,025	7,592	-8,866	-16	2,614	11,297	-12,968	2,109	634	11,145	-20,460	-7,551	23,425
Change in Payables and Other Current Liabilities
-7,690	20,573	-20,966	-3,866	4,088	9,451	4,313	4,031	-2,798	2,140	725	8,108	-13,986	17,447	-504	399	-5,840	2,340	3,804	-1,109	-20,185	12,941	5,563	-477	-7,731	6,875	5,532	2,078	-3,440	11,113	9,993	-1,813	6,841	-11,247	-2,495	7,094	1,873	15,153	1,379	-3,113	2,837
Change in Interest and Income Taxes Receivable/Payable
-41	-2,148	-2,524	3,860	2,437	-2,536	-538	2,307	1,163	409	-2,185	911	-321	801	-1,480	1,618	2,400	-2,444	-1,595	1,645	-1,549	1,550	-1,636	1,651	1,013	-1,669	1,469	-1,389	1,076	-4,943	-2,371	-6,948	-1,884	-7,516	442	-1,407	1,245	13,320	-6,708	37,304	-710
Net Cash Provided by Continuing Operations
-	-	-	-	-	-	-	-	-	-	44,885	48,086	21,240	-	50,925	41,544	22,607	49,732	29,087	54,808	-2,087	57,468	47,771	32,689	-12,159	46,559	47,026	38,610	10,213	54,368	55,081	36,567	9,010	31,143	33,453	25,947	3,135	49,029	7,064	70,996	-21,155
Net Cash Used in Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-80	-15	-39	-	-344	-19	30	-2,419	-615	-4,703	-6,263	7,978	-4,914	-9,461	-6,898	7,872	-528	429	-2,400	29,797	48,784	1,099	-1,159	-7,132	6,182	7,829	3,826	-4,887	4,392	1,163	-1,585
Net Cash Provided by Operating Activities
21,777	79,888	35,862	52,137	17,150	42,588	47,465	48,755	4,640	59,500	44,805	48,071	21,201	48,643	50,581	41,525	22,637	47,313	28,472	50,105	-8,350	65,446	42,857	23,228	-19,057	54,431	46,498	39,039	7,813	84,165	103,865	37,666	7,851	24,011	39,635	33,776	6,961	44,142	11,456	72,159	-22,740
Investing Activities
Capital Expenditures
75,059	57,670	95,683	29,325	24,687	30,936	25,395	25,476	23,618	38,364	38,195	26,241	30,113	35,346	46,755	54,303	24,855	44,763	31,903	47,680	35,738	39,851	44,157	42,263	37,311	50,143	58,537	27,826	23,327	20,533	28,664	29,478	35,511	6,929	20,654	19,181	20,596	-3,118	22,777	20,918	17,687
Proceeds from Disposal of Noncurrent Assets
2,487	4,408	706	2,896	509	499	402	967	510	2,035	289	1,555	612	670	3,087	398	682	634	328	1,336	1,292	1,048	33	538	848	-419	1,012	874	729	452	157	989	1,234	64	626	975	258	-1,882	710	1,380	619
Cash Used for Investments and Other Assets
2,487	5,080	770	3,518	1,258	1,048	1,222	1,383	719	1,010	727	1,923	508	1,241	1,442	294	1,425	-995	1,534	2,271	3,492	637	509	650	989	1,165	655	-898	923	-209	1,125	-1,053	1,321	374	603	-1,535	598	1,186	861	-193	1,001
Net Cash Used in Investing Activities Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-43,134	-63,915	-48,615	-37,938	-39,440	-44,633	-42,375	-37,452	-51,727	-58,180	-26,054	-23,521	-19,872	-29,632	-27,436	-35,598	-7,239	-20,631	-16,671	-20,936	50	-22,928	-19,345	-18,069
Net Proceeds from Sale of Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,636	0	11,422	21,343	-	-	-	-	0	0	2,377	10,465	17,951	0	-84	24,362	-	-	-	-	-	-	-	-
Net Cash Used in Investing Activities Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	-11	-1,759	-1,290	64	345	285	-3,062	312	401	-208	-1,774	1,328	-897	-11,925	-20,535	-2,372	-10,981	-2,522	-23,390	-525	-971	11
Net Cash Used in Investing Activities
-75,059	-58,342	-95,747	-29,947	-25,436	-31,485	-26,215	-25,892	-23,827	-37,339	-38,633	-26,609	-30,009	-35,917	-45,110	-52,699	-25,598	-36,498	-63,914	-37,204	-18,354	-40,730	-44,569	-42,030	-37,167	-54,789	-57,868	-23,276	-13,264	-3,695	-28,304	-28,417	-23,161	-4,794	-23,036	56,711	-23,458	-23,340	-23,453	-20,316	-18,058
Financing Activities
Change in Checks Written in Excess of Cash
0	3,197	-1,503	1,128	-8	338	2,243	102	-2,338	2,392	-3,783	6,956	-7,999	2,522	-1,183	1,358	666	-4,093	289	-289	1,236	-	-	-	-	-	-	-	-	-	-2,884	-4,127	10,546	1,196	-2,837	2,836	-8,463	2,740	-459	4,743	244
Net Short-Term Borrowings
13,893	-102,997	72,395	-6,999	25,002	3,110	-5,488	-9,342	-82,052	8,734	45,520	-1,059	16,293	5,710	-12,101	6,338	-37,736	-6,280	43,912	-5,612	37,798	-28,146	10,856	16,245	-39,296	10,860	39,218	-218	1,335	-	1,143	7,963	3,311	-39,075	6,362	-84,263	37,486	-14,483	26,386	-42,912	102,914
Proceeds from Issuance of Common Stock
8,399	-	-	-	0	-	-	-	-	0	83	2,308	1,958	5,057	17,733	18,230	3,415	2,803	4,131	2,151	4,697	12,928	4,879	4,786	3,666	325	34	306	1,156	-	-	-	-	-	-	-	-	0	0	494	55
Common Stock Issuance Expenses
124	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	63	79
Payments for Shares Withheld for Employee Tax Obligations
2,072	-	-	-	2,730	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for Retirement of Capital Stock
-	-	-	-	-	-	-	41	2,409	0	0	40	1,759	0	0	51	53	0	175	182	1,239	131	0	217	242	0	0	223	15,500	-	-	-	-	-	-	-	-	0	0	139	262
Proceeds from Issuance of Long-Term Debt
35,000	100,000	0	0	0	0	0	0	100,000	0	0	0	0	80,000	0	0	50,000	-	-	-	-	0	0	0	150,000	0	0	0	40,900	-	-	-	-	139,999	0	507	1,500	-	0	0	95
Short-Term and Long-Term Debt Issuance Expenses
177	884	66	0	0	320	0	8	433	380	0	0	0	731	98	1	58	305	3	0	4	340	0	14	502	396	74	45	7	883	4	0	10	89	889	2	686	0	101	1,511	87
Payments for Retirement of Long-Term Debt
45	44	44	42	42	41	41	47	60	59	42,058	3,057	3,057	87,386	55	54	52	63	50	50	49	49	46	47	40,946	47,715	44	44	25,178	41	50,102	47	34	100,428	201	97	70	-715	473	343	58,350
Dividends Paid
14,907	13,942	13,929	13,930	13,922	13,303	13,303	13,300	13,292	12,674	12,674	12,658	12,626	12,292	12,133	11,930	11,889	11,616	11,572	11,537	11,498	-	-	11,036	10,993	10,791	10,930	10,790	11,307	10,943	11,053	10,943	11,037	10,912	11,059	10,911	11,041	10,874	11,012	10,874	10,938
Net Cash (Used in) Provided by Financing Activities Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11,368	35,954	-14,941	28,469	-26,011	2,589	11,421	61,687	-	-	-	-	-28,009	-75,495	-7,350	2,776	-10,339	-8,624	-92,082	18,726	-21,997	14,323	-51,446	33,592
Net Cash Provided by Financing Activities Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5	-1	1,500	-1,178	1,284	-866	760	0	-	-	-	-	-868	-66	-1,899	-1,445	-1,503	-1,371	1,192	-1,502	1,556	-1,985	-766	3,007
Net Cash Provided by Financing Activities
39,967	-1,268	59,824	-22,099	8,316	-10,891	-21,637	-22,948	4,092	-6,771	-5,346	-21,462	8,808	-12,726	-5,471	11,174	2,961	-11,373	35,953	-13,441	27,291	-24,727	1,723	12,181	61,687	-57,609	28,204	-11,014	-8,601	-28,877	-75,561	-9,249	1,331	-11,842	-9,995	-90,890	17,224	-20,441	12,338	-52,212	36,599
Net Change in Cash and Cash Equivalents - Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	383	-430	11	-11	-723	-126	-1,530	8	-6	-778	982	0	0	-2,015	-	-	-	-	-	-	-	-
Effect of Foreign Exchange Rate Fluctuations on Cash - Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-36	-288	-361	-341	369	-233
Net Change in Cash and Cash Equivalents
-13,315	20,278	-61	91	30	212	-387	-85	-15,095	-	-	-	-	-	0	0	0	-	548	-157	157	0	0	-7,344	5,337	-59,497	16,842	4,743	-14,830	52,575	0	0	-15,994	-	-	-	1,584	-1,886	0	0	-5,041