| 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 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||
Net income | |||||||||||||||||||||||||||||||||||||||||
37,421 | 81,076 | 68,632 | 68,868 | 81,314 | 67,085 | 76,534 | 76,770 | 63,649 | 40,674 | 37,995 | 28,346 | 28,464 | 36,663 | 14,440 | 7,542 | -3,812 | 40,811 | 84,352 | 96,769 | 78,732 | 91,645 | 94,509 | 86,110 | 99,912 | 79,849 | 78,798 | 79,073 | 114,937 | 35,026 | 638 | 41,790 | 44,326 | 95,069 | 114,966 | 111,827 | 111,998 | 110,070 | 115,316 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by operations: | |||||||||||||||||||||||||||||||||||||||||
Depreciation and amortization | |||||||||||||||||||||||||||||||||||||||||
118,740 | 120,075 | 120,872 | 121,474 | 122,582 | 124,162 | 125,222 | 126,775 | 127,341 | 127,808 | 127,938 | 128,296 | 128,759 | 129,239 | 129,616 | 131,782 | 132,224 | 132,303 | 133,294 | 133,886 | 134,148 | 134,201 | 136,399 | 138,138 | 136,650 | 134,684 | 130,384 | 116,475 | 93,443 | 69,776 | 47,034 | 33,230 | 34,428 | 35,233 | 35,628 | 34,044 | 33,242 | 31,930 | 30,834 | 0 | 0 | 0 |
Loss on sale of business | |||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | -4,823 | -4,823 | -4,823 | -4,823 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Compensation costs recognized under Restricted Unit Plans | |||||||||||||||||||||||||||||||||||||||||
8,768 | 10,062 | 10,521 | 10,191 | 9,626 | 8,570 | 8,198 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other, net | |||||||||||||||||||||||||||||||||||||||||
-2,141 | -1,744 | -1,688 | -1,594 | -1,061 | -1,050 | -1,150 | 5,093 | 2,865 | 783 | -1,975 | -9,183 | -8,867 | -8,841 | -9,181 | -11,531 | -11,242 | -11,590 | -11,605 | -9,364 | -9,784 | -7,830 | -5,664 | -2,920 | -682 | 254 | 2,796 | 2,073 | 493 | -2,900 | -6,424 | -7,824 | -7,899 | -6,602 | -3,316 | -12,874 | -9,567 | -5,606 | -6,120 | 0 | 0 | 0 |
Changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||
Accounts receivable | |||||||||||||||||||||||||||||||||||||||||
-40,726 | -12,543 | -11,821 | -10,155 | -6,927 | -3,101 | 5,183 | 14,670 | 35,170 | 29,847 | 11,881 | 10,611 | 25,367 | 20,604 | -6,258 | -21,332 | -87,222 | -58,917 | -36,986 | -56,446 | -108,370 | -51,991 | 2,061 | 34,311 | 103,791 | 48,667 | 5,910 | 7,116 | 48,620 | 7,060 | -13,762 | -20,590 | -35,209 | 102,807 | 6,247 | 49,804 | 173,839 | 6,217 | 7,709 | 0 | 0 | 0 |
Inventories | |||||||||||||||||||||||||||||||||||||||||
-7,989 | -3,229 | -14,353 | -9,417 | -1,911 | -6,551 | 5,729 | 7,863 | 4,777 | 7,976 | 7,916 | 1,814 | 2,356 | 2,058 | -2,415 | -7,729 | -13,977 | -35,195 | -43,279 | -30,814 | -37,619 | -13,644 | 13,342 | 9,559 | 21,112 | 7,616 | -10,553 | -13,840 | -22,336 | -25,053 | -8,189 | -1,524 | 7,485 | 40,977 | 4,721 | -32,602 | -14,713 | -8,367 | -9,555 | 0 | 0 | 0 |
Other current and noncurrent assets | |||||||||||||||||||||||||||||||||||||||||
13,222 | -16,156 | -8,209 | -3,067 | -7,180 | 9,624 | 5,362 | 9,531 | 12,894 | 10,057 | 9,613 | 1,654 | 54 | -1,525 | -2,037 | -3,636 | -7,270 | -14,968 | -3,223 | 839 | 4,042 | 12,606 | -266 | -1,510 | -3,078 | 7,535 | -5,436 | -4,006 | 9,815 | -3,825 | 754 | 2,853 | -4,992 | -6,410 | -2,470 | -6,991 | -5,255 | -2,328 | -1,479 | 0 | 0 | 0 |
Accounts payable | |||||||||||||||||||||||||||||||||||||||||
-8,072 | -5,403 | -6,960 | -3,879 | 4,060 | 4,521 | 809 | 3,480 | -2,019 | 7,191 | 7,088 | 2,988 | 19,962 | 22,516 | -1,885 | -1,652 | -13,876 | -9,488 | -14,761 | -10,626 | -23,797 | -52,724 | -3,513 | -7,001 | -2,596 | 35,780 | -375 | 19,747 | 42,333 | 18,028 | 15,669 | -5,815 | -15,809 | -10,001 | -2,134 | 611 | 3,294 | 3,807 | 3,376 | 0 | 0 | 0 |
Accrued employment and benefit costs | |||||||||||||||||||||||||||||||||||||||||
-4,285 | 2,070 | 2,284 | -589 | 1,414 | 277 | 5,000 | 5,337 | 12,789 | 678 | 10,907 | 2,522 | 236 | -45 | -12,742 | -9,385 | -10,669 | -3,769 | 5,203 | 3,568 | 431 | -816 | 474 | -1,471 | 2,642 | 993 | 7,045 | 13,665 | 7,212 | 9,832 | -8,586 | -8,957 | -8,938 | -6,636 | -5,673 | -3,490 | -3,012 | -3,096 | -12,251 | 0 | 0 | 0 |
Accrued insurance | |||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,601 | 4,826 | 5,283 | 1,052 | -4,451 | -442 | 931 | -3,912 | -2,604 | -3,801 | -9,107 | 1,016 | 3,127 | 0 | 0 | 0 |
Customer deposits and advances | |||||||||||||||||||||||||||||||||||||||||
9,858 | 5,270 | 2,371 | 1,459 | 747 | -315 | -1,540 | -11,016 | -11,901 | -13,237 | -9,132 | -7,658 | -7,025 | -7,822 | 1,163 | 10,448 | 14,390 | 7,684 | -2,239 | 6,135 | 4,712 | 7,447 | -176 | -14,118 | -15,861 | -23,138 | -16,735 | -23,252 | -20,646 | 9,352 | 18,352 | 4,466 | 3,932 | -2,472 | -6,103 | -7,278 | -5,792 | -10,515 | -6,328 | 0 | 0 | 0 |
Contributions to defined benefit pension plan | |||||||||||||||||||||||||||||||||||||||||
4,060 | 5,440 | 5,350 | 0 | 0 | 0 | - | - | - | - | 11,523 | 8,257 | 3,507 | 2,111 | 715 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other current and noncurrent liabilities | |||||||||||||||||||||||||||||||||||||||||
24,031 | -3,044 | 1,628 | 696 | -2,639 | 13,364 | 9,268 | 6,834 | 10,161 | 7,644 | 4,125 | 5,238 | 12,112 | 9,049 | 12,537 | 23,608 | 9,866 | 1,039 | 11,562 | -5,164 | -11,815 | -1,504 | -8,556 | -12,644 | 3,442 | -7,858 | 2,161 | 17,258 | 20,176 | 27,800 | 12,447 | 4,331 | 4 | 128 | 3,888 | 4,474 | 5,865 | 11,356 | -13 | 0 | 0 | 0 |
Net cash provided by operating activities | |||||||||||||||||||||||||||||||||||||||||
216,856 | 235,050 | 226,781 | 219,179 | 228,085 | 215,039 | 210,412 | 197,179 | 167,844 | 143,298 | 163,821 | 152,739 | 156,482 | 170,309 | 157,421 | 193,727 | 244,759 | 300,955 | 324,209 | 339,723 | 365,101 | 254,995 | 225,551 | 158,808 | 100,730 | 156,930 | 214,306 | 238,191 | 227,888 | 197,833 | 110,973 | 96,195 | 99,996 | 112,321 | 132,786 | 135,914 | 148,304 | 165,665 | 155,797 | 0 | 0 | 0 |
Cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||
Capital expenditures | |||||||||||||||||||||||||||||||||||||||||
38,910 | 40,312 | 34,978 | 31,338 | 31,301 | 32,108 | 32,902 | 32,011 | 29,116 | 29,839 | 28,168 | 28,118 | 30,875 | 32,251 | 38,375 | 42,473 | 46,015 | 46,230 | 41,213 | 39,411 | 35,598 | 28,663 | 30,052 | 28,298 | 29,286 | 30,386 | 27,823 | 24,259 | 21,003 | 18,832 | 17,476 | 19,427 | 20,234 | 21,926 | 22,284 | 23,381 | 21,098 | 20,402 | 19,131 | 0 | 0 | 0 |
Acquisitions of businesses | |||||||||||||||||||||||||||||||||||||||||
30,196 | 31,199 | 19,300 | 8,243 | 10,675 | 200 | 4,251 | 14,873 | 4,151 | 4,051 | 0 | 0 | 750 | 1,695 | 42,945 | 42,945 | 42,195 | 41,750 | 6,500 | 0 | 0 | 0 | - | - | 0 | 0 | - | - | - | - | - | - | - | - | 3,195 | 6,906 | 17,695 | 16,956 | 14,500 | 0 | 0 | 0 |
Proceeds from sale of property, plant and equipment | |||||||||||||||||||||||||||||||||||||||||
4,517 | 4,749 | 5,763 | 5,369 | 5,978 | 6,389 | 5,885 | 6,494 | 4,885 | 4,454 | 5,180 | 5,116 | 6,251 | 6,351 | 5,950 | 8,858 | 9,870 | 10,956 | 11,741 | 11,526 | 12,401 | 10,102 | 13,520 | 11,217 | 9,404 | 10,452 | 7,310 | 4,715 | 3,463 | 3,516 | 1,449 | 2,774 | 2,824 | 4,836 | 5,974 | 6,071 | 6,248 | 4,520 | 3,520 | 0 | 0 | 0 |
Proceeds from sale of business | |||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | 2,800 | 2,800 | 2,800 | 2,800 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Adjustment to purchase price for Inergy Propane | |||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,850 | 5,850 | 5,850 | 5,850 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Net cash (used in) investing activities | |||||||||||||||||||||||||||||||||||||||||
-64,589 | -75,912 | -48,515 | -44,834 | -46,620 | -36,541 | -39,090 | -37,590 | -25,582 | -26,636 | -22,988 | -22,718 | -3,909 | -6,130 | -53,905 | -55,379 | -78,340 | -77,024 | -35,972 | -34,385 | -29,697 | -24,561 | -16,532 | -17,081 | -19,882 | -19,934 | -14,663 | -237,425 | -235,421 | -233,197 | -239,758 | -16,653 | -17,410 | -17,829 | -19,505 | -24,216 | -32,545 | -32,838 | -30,111 | 0 | 0 | 0 |
Cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||
Proceeds from borrowings under revolving credit facility | |||||||||||||||||||||||||||||||||||||||||
542,000 | 386,500 | 370,700 | 389,100 | 378,800 | 350,200 | 350,100 | 385,305 | 402,900 | 431,145 | 374,845 | 273,240 | 177,645 | 157,500 | 100,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Repayments of borrowings under revolving credit facility | |||||||||||||||||||||||||||||||||||||||||
540,400 | 394,800 | 400,800 | 413,045 | 409,345 | 377,345 | 369,145 | 375,305 | 358,700 | 324,600 | 312,200 | 232,095 | 147,800 | 154,100 | 100,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Partnership distributions | |||||||||||||||||||||||||||||||||||||||||
148,324 | 148,080 | 147,882 | 147,684 | 147,527 | 147,365 | 147,185 | 164,571 | 181,935 | 199,287 | 216,576 | 216,297 | 216,029 | 215,752 | 215,522 | 215,293 | 215,072 | 214,063 | 213,118 | 212,174 | 211,229 | 211,095 | 211,020 | 210,945 | 208,157 | 205,354 | 201,257 | 178,859 | 159,174 | 139,473 | 121,094 | 120,993 | 120,887 | 120,800 | 120,636 | 120,277 | 119,748 | 177,613 | 118,263 | 0 | 0 | 0 |
Other, net | |||||||||||||||||||||||||||||||||||||||||
-3,611 | -3,429 | -3,007 | -3,657 | -3,207 | -3,307 | -2,717 | -4,790 | -4,740 | -4,580 | -3,459 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash (used in) financing activities | |||||||||||||||||||||||||||||||||||||||||
-153,000 | -159,809 | -180,989 | -175,286 | -181,279 | -177,817 | -168,947 | -159,361 | -143,478 | -115,317 | -175,385 | -194,196 | -204,297 | -216,079 | -218,513 | -217,971 | -217,803 | -229,483 | -228,538 | -227,646 | -294,116 | -223,687 | -223,612 | -392,400 | -178,628 | -230,825 | -226,728 | 203,420 | 77,889 | 95,170 | 113,549 | -125,185 | -123,307 | -120,800 | -120,636 | -120,277 | -119,748 | -132,725 | -131,951 | 0 | 0 | 0 |
Net increase in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||
-733 | -671 | -2,723 | -941 | 186 | 681 | 2,375 | 228 | -1,216 | 1,345 | -34,552 | -64,175 | -51,724 | -51,900 | -114,997 | -79,623 | -51,384 | -5,552 | 59,699 | 77,692 | 41,288 | 6,747 | -14,593 | -250,673 | -97,780 | -93,829 | -27,085 | 204,186 | 70,356 | 59,806 | -15,236 | -45,643 | -40,721 | -26,308 | -7,355 | -8,579 | -3,989 | 102 | -6,265 | 0 | 0 | 0 |