10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001421461-15-000015 |
| Period End Date | 20150331 |
| Filing Date | 20150428 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | ipi-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
75.67M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
75.41M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$66.79M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.23M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$394.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$67.59M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$10.43M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$34.31M | USD | Point-in-time |
| Trade, net |
AccountsReceivableNetCurrent
|
$38.52M | USD | Point-in-time |
| Trade, net |
AccountsReceivableNetCurrent
|
$28.56M | USD | Point-in-time |
| Other receivables |
OtherReceivablesNetCurrent
|
$3.60M | USD | Point-in-time |
| Other receivables |
OtherReceivablesNetCurrent
|
$3.28M | USD | Point-in-time |
| Refundable income taxes |
IncomeTaxesReceivable
|
$114.00K | USD | Point-in-time |
| Refundable income taxes |
IncomeTaxesReceivable
|
$72.00K | USD | Point-in-time |
| Inventory, net |
InventoryNet
|
$74.45M | USD | Point-in-time |
| Inventory, net |
InventoryNet
|
$84.09M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.09M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.74M | USD | Point-in-time |
| Current deferred tax asset |
DeferredTaxAssetsNetCurrent
|
$280.00K | USD | Point-in-time |
| Current deferred tax asset |
DeferredTaxAssetsNetCurrent
|
$3.36M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$202.49M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$221.78M | USD | Point-in-time |
| Property, plant, equipment, and mineral properties, net |
PropertyPlantEquipmentandMineralPropertiesNet
|
$785.25M | USD | Point-in-time |
| Property, plant, equipment, and mineral properties, net |
PropertyPlantEquipmentandMineralPropertiesNet
|
$770.19M | USD | Point-in-time |
| Long-term parts inventory, net |
LongTermPartsInventoryNoncurrent
|
$17.70M | USD | Point-in-time |
| Long-term parts inventory, net |
LongTermPartsInventoryNoncurrent
|
$16.37M | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$11.55M | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$11.86M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$3.92M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$4.04M | USD | Point-in-time |
| Non-current deferred tax asset |
DeferredTaxAssetsNetNoncurrent
|
$146.84M | USD | Point-in-time |
| Non-current deferred tax asset |
DeferredTaxAssetsNetNoncurrent
|
$146.72M | USD | Point-in-time |
| Total Assets |
Assets
|
$1.17B | USD | Point-in-time |
| Total Assets |
Assets
|
$1.17B | USD | Point-in-time |
| Trade |
AccountsPayableTradeCurrent
|
$17.03M | USD | Point-in-time |
| Trade |
AccountsPayableTradeCurrent
|
$19.95M | USD | Point-in-time |
| Related parties |
AccountsPayableRelatedPartiesCurrent
|
$69.00K | USD | Point-in-time |
| Related parties |
AccountsPayableRelatedPartiesCurrent
|
$55.00K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$12.48M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$15.63M | USD | Point-in-time |
| Accrued employee compensation and benefits |
EmployeeRelatedLiabilitiesCurrent
|
$12.07M | USD | Point-in-time |
| Accrued employee compensation and benefits |
EmployeeRelatedLiabilitiesCurrent
|
$10.19M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$2.06M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$2.08M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$44.98M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$46.63M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$150.00M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$150.00M | USD | Point-in-time |
| Asset retirement obligation |
AssetRetirementObligationsNoncurrent
|
$20.39M | USD | Point-in-time |
| Asset retirement obligation |
AssetRetirementObligationsNoncurrent
|
$20.81M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$2.33M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$2.41M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$218.12M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$219.43M | USD | Point-in-time |
| Common stock, $0.001 par value; 100,000,000 shares authorized; and 75,528,235 and 75,405,410 shares outstanding at September, 30, 2014, and December 31, 2013, respectively |
CommonStockValue
|
$76.00K | USD | Point-in-time |
| Common stock, $0.001 par value; 100,000,000 shares authorized; and 75,528,235 and 75,405,410 shares outstanding at September, 30, 2014, and December 31, 2013, respectively |
CommonStockValue
|
$76.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$576.19M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$576.21M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-18.00K | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-28.00K | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$377.58M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$371.05M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$947.28M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$953.85M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$1.17B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$1.17B | USD | Point-in-time |
Income Statement
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales |
RevenueMineralSales
|
$117.02M | USD | 1 Quarter |
| Sales |
RevenueMineralSales
|
$98.88M | USD | 1 Quarter |
| Freight costs |
FreightCosts
|
$9.93M | USD | 1 Quarter |
| Freight costs |
FreightCosts
|
$10.91M | USD | 1 Quarter |
| Warehousing and handling costs |
WarehousingAndHandlingCosts
|
$3.75M | USD | 1 Quarter |
| Warehousing and handling costs |
WarehousingAndHandlingCosts
|
$2.81M | USD | 1 Quarter |
| Cost of goods sold |
MineralExtractionProcessingAndMarketingCosts
|
$78.57M | USD | 1 Quarter |
| Cost of goods sold |
MineralExtractionProcessingAndMarketingCosts
|
$83.28M | USD | 1 Quarter |
| Lower-of-cost-or-market inventory adjustments |
InventoryWriteDown
|
$3.57M | USD | 1 Quarter |
| Lower-of-cost-or-market inventory adjustments |
InventoryWriteDown
|
$360.00K | USD | 1 Quarter |
| Gross Margin |
GrossProfit
|
$3.99M | USD | 1 Quarter |
| Gross Margin |
GrossProfit
|
$18.72M | USD | 1 Quarter |
| Selling and administrative |
SellingGeneralAndAdministrativeExpense
|
$6.75M | USD | 1 Quarter |
| Selling and administrative |
SellingGeneralAndAdministrativeExpense
|
$7.47M | USD | 1 Quarter |
| Accretion of asset retirement obligation |
AssetRetirementObligationAccretionExpense
|
$424.00K | USD | 1 Quarter |
| Accretion of asset retirement obligation |
AssetRetirementObligationAccretionExpense
|
$406.00K | USD | 1 Quarter |
| Restructuring expense |
RestructuringCharges
|
$1.83M | USD | 1 Quarter |
| Restructuring expense |
RestructuringCharges
|
- | USD | 1 Quarter |
| Other operating expense (income) |
OtherOperatingIncomeExpenseNet
|
$-66.00K | USD | 1 Quarter |
| Other operating expense (income) |
OtherOperatingIncomeExpenseNet
|
$2.95M | USD | 1 Quarter |
| Operating Income |
OperatingIncomeLoss
|
$-2.04M | USD | 1 Quarter |
| Operating Income |
OperatingIncomeLoss
|
$10.76M | USD | 1 Quarter |
| Interest expense |
InterestExpenseIncludingGainLossOnDerivative
|
$1.38M | USD | 1 Quarter |
| Interest expense |
InterestExpenseIncludingGainLossOnDerivative
|
$1.64M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$53.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$155.00K | USD | 1 Quarter |
| Other income (expense) |
OtherNonoperatingIncomeExpense
|
$234.00K | USD | 1 Quarter |
| Other income (expense) |
OtherNonoperatingIncomeExpense
|
$327.00K | USD | 1 Quarter |
| (Loss) Income Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-3.13M | USD | 1 Quarter |
| (Loss) Income Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$9.60M | USD | 1 Quarter |
| Income Tax Benefit (Expense) |
IncomeTaxExpenseBenefit
|
$-2.78M | USD | 1 Quarter |
| Income Tax Benefit (Expense) |
IncomeTaxExpenseBenefit
|
$3.07M | USD | 1 Quarter |
| Net (Loss) Income |
NetIncomeLoss
|
$6.53M | USD | 1 Quarter |
| Net (Loss) Income |
NetIncomeLoss
|
$-355.00K | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
75.59M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
75.44M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
75.71M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
75.44M | shares | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
- | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.09 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.09 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
- | USD | 1 Quarter |
Cash Flow Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$6.53M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$-355.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$2.96M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-2.78M | USD | 1 Quarter |
| Depreciation, depletion, and accretion |
DepreciationDepletionAmortizationAndAccretion
|
$19.65M | USD | 1 Quarter |
| Depreciation, depletion, and accretion |
DepreciationDepletionAmortizationAndAccretion
|
$21.28M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.03M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.06M | USD | 1 Quarter |
| Lower-of-cost-or-market inventory adjustments |
InventoryWriteDown
|
$3.57M | USD | 1 Quarter |
| Lower-of-cost-or-market inventory adjustments |
InventoryWriteDown
|
$360.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-223.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-378.00K | USD | 1 Quarter |
| Trade accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$9.43M | USD | 1 Quarter |
| Trade accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$9.96M | USD | 1 Quarter |
| Other receivables, net |
IncreaseDecreaseInOtherReceivables
|
$3.32M | USD | 1 Quarter |
| Other receivables, net |
IncreaseDecreaseInOtherReceivables
|
$-319.00K | USD | 1 Quarter |
| Refundable income taxes |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-2.02M | USD | 1 Quarter |
| Refundable income taxes |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-41.00K | USD | 1 Quarter |
| Inventory, net |
IncreaseDecreaseInInventories
|
$-6.74M | USD | 1 Quarter |
| Inventory, net |
IncreaseDecreaseInInventories
|
$-7.95M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-666.00K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-1.00M | USD | 1 Quarter |
| Accounts payable, accrued liabilities, and accrued employee compensation and benefits |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.18M | USD | 1 Quarter |
| Accounts payable, accrued liabilities, and accrued employee compensation and benefits |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-335.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-92.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-700.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$32.67M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$17.32M | USD | 1 Quarter |
| Additions to property, plant, equipment, and mineral properties |
PaymentsToAcquireProductiveAssets
|
$8.68M | USD | 1 Quarter |
| Additions to property, plant, equipment, and mineral properties |
PaymentsToAcquireProductiveAssets
|
$31.92M | USD | 1 Quarter |
| Purchases of investments |
PaymentsToAcquireInvestments
|
$5.00K | USD | 1 Quarter |
| Purchases of investments |
PaymentsToAcquireInvestments
|
$27.60M | USD | 1 Quarter |
| Proceeds from sale of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$18.05M | USD | 1 Quarter |
| Proceeds from sale of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$3.84M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-32.44M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-13.87M | USD | 1 Quarter |
| Employee tax withholding paid for restricted stock upon vesting |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$1.04M | USD | 1 Quarter |
| Employee tax withholding paid for restricted stock upon vesting |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$611.00K | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-1.04M | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-611.00K | USD | 1 Quarter |
| Net Change in Cash and Cash Equivalents |
NetCashProvidedByUsedInContinuingOperations
|
$-803.00K | USD | 1 Quarter |
| Net Change in Cash and Cash Equivalents |
NetCashProvidedByUsedInContinuingOperations
|
$2.84M | USD | 1 Quarter |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$66.79M | USD | Point-in-time |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.23M | USD | Point-in-time |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$394.00K | USD | Point-in-time |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$67.59M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$66.79M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.23M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$394.00K | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$67.59M | USD | Point-in-time |
| Interest |
InterestIncludingSettlementsOnDerivatives
|
$161.00K | USD | 1 Quarter |
| Interest |
InterestIncludingSettlementsOnDerivatives
|
$112.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$-2.02M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$11.00K | USD | 1 Quarter |
| Accrued purchases for property, plant, equipment, and mineral properties |
CapitalExpendituresIncurredButNotYetPaid
|
$13.17M | USD | 1 Quarter |
| Accrued purchases for property, plant, equipment, and mineral properties |
CapitalExpendituresIncurredButNotYetPaid
|
$2.10M | USD | 1 Quarter |
Stockholders Equity
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$947.28M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$953.85M | USD | Point-in-time |
| Unrealized gain on investments available for sale, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$12.00K | USD | 1 Quarter |
| Unrealized gain on investments available for sale, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$10.00K | USD | 1 Quarter |
| Net income |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-355.00K | USD | 1 Quarter |
| Net income |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$6.53M | USD | 1 Quarter |
| Stock-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$1.06M | USD | 1 Quarter |
| Vesting of restricted common stock, net of restricted common stock used to fund employee income tax withholding due upon vesting |
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
$1.04M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$947.28M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$953.85M | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (Loss) Income |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-355.00K | USD | 1 Quarter |
| Net (Loss) Income |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$6.53M | USD | 1 Quarter |
| Unrealized gain (loss) on investments available for sale, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$12.00K | USD | 1 Quarter |
| Unrealized gain (loss) on investments available for sale, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$10.00K | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTax
|
$12.00K | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTax
|
$10.00K | USD | 1 Quarter |
| Comprehensive (Loss) Income |
ComprehensiveIncomeNetOfTax
|
$-343.00K | USD | 1 Quarter |
| Comprehensive (Loss) Income |
ComprehensiveIncomeNetOfTax
|
$6.54M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.