10-Q/A Filing
Filing Information
| Form Type | 10-Q/A |
| Accession Number | 0001421461-16-000043 |
| Period End Date | 20160331 |
| Filing Date | 20160804 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | ipi-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
64 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
|
75.84M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
75.54M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$66.79M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$67.59M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$24.42M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$9.31M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$30.01M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$50.52M | USD | Point-in-time |
| Trade, net |
AccountsReceivableNetCurrent
|
$9.74M | USD | Point-in-time |
| Trade, net |
AccountsReceivableNetCurrent
|
$24.43M | USD | Point-in-time |
| Other receivables, net |
OtherReceivablesNetCurrent
|
$1.47M | USD | Point-in-time |
| Other receivables, net |
OtherReceivablesNetCurrent
|
$1.66M | USD | Point-in-time |
| Inventory, net |
InventoryNet
|
$103.62M | USD | Point-in-time |
| Inventory, net |
InventoryNet
|
$106.53M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$10.94M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$18.14M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$195.72M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$195.08M | USD | Point-in-time |
| Property, plant, equipment, and mineral properties, net |
PropertyPlantEquipmentandMineralPropertiesNet
|
$409.81M | USD | Point-in-time |
| Property, plant, equipment, and mineral properties, net |
PropertyPlantEquipmentandMineralPropertiesNet
|
$419.48M | USD | Point-in-time |
| Long-term parts inventory, net |
LongTermPartsInventoryNoncurrent
|
$18.47M | USD | Point-in-time |
| Long-term parts inventory, net |
LongTermPartsInventoryNoncurrent
|
$17.34M | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$479.00K | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$3.80M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$3.53M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$3.63M | USD | Point-in-time |
| Total Assets |
Assets
|
$627.37M | USD | Point-in-time |
| Total Assets |
Assets
|
$639.97M | USD | Point-in-time |
| Trade |
AccountsPayableTradeCurrent
|
$20.95M | USD | Point-in-time |
| Trade |
AccountsPayableTradeCurrent
|
$15.71M | USD | Point-in-time |
| Related parties |
AccountsPayableRelatedPartiesCurrent
|
$70.00K | USD | Point-in-time |
| Related parties |
AccountsPayableRelatedPartiesCurrent
|
$45.00K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$17.18M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$15.43M | USD | Point-in-time |
| Accrued employee compensation and benefits |
EmployeeRelatedLiabilitiesCurrent
|
$5.25M | USD | Point-in-time |
| Accrued employee compensation and benefits |
EmployeeRelatedLiabilitiesCurrent
|
$7.41M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$547.00K | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$697.00K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$44.15M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$39.14M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$149.07M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$149.49M | USD | Point-in-time |
| Asset retirement obligation |
AssetRetirementObligationsNoncurrent
|
$22.95M | USD | Point-in-time |
| Asset retirement obligation |
AssetRetirementObligationsNoncurrent
|
$23.39M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$1.76M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$1.87M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$213.44M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$218.37M | USD | Point-in-time |
| Common stock, $0.001 par value; 100,000,000 shares authorized; 75,838,782 and 75,702,700 shares outstanding at March 31,2016, and December 31, 2015, respectively |
CommonStockValue
|
$76.00K | USD | Point-in-time |
| Common stock, $0.001 par value; 100,000,000 shares authorized; 75,838,782 and 75,702,700 shares outstanding at March 31,2016, and December 31, 2015, respectively |
CommonStockValue
|
$76.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$580.23M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$581.10M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-22.00K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-52.00K | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$-153.72M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$-172.15M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$409.00M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$426.53M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$639.97M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$627.37M | USD | Point-in-time |
Income Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales |
RevenueMineralSales
|
$117.02M | USD | 1 Quarter |
| Sales |
RevenueMineralSales
|
$73.28M | USD | 1 Quarter |
| Freight costs |
FreightCosts
|
$10.91M | USD | 1 Quarter |
| Freight costs |
FreightCosts
|
$10.33M | USD | 1 Quarter |
| Warehousing and handling costs |
WarehousingAndHandlingCosts
|
$2.66M | USD | 1 Quarter |
| Warehousing and handling costs |
WarehousingAndHandlingCosts
|
$3.75M | USD | 1 Quarter |
| Cost of goods sold |
MineralExtractionProcessingAndMarketingCosts
|
$83.28M | USD | 1 Quarter |
| Cost of goods sold |
MineralExtractionProcessingAndMarketingCosts
|
$59.78M | USD | 1 Quarter |
| Lower-of-cost-or-market inventory adjustments |
InventoryWriteDown
|
$9.01M | USD | 1 Quarter |
| Lower-of-cost-or-market inventory adjustments |
InventoryWriteDown
|
$360.00K | USD | 1 Quarter |
| Costs associated with abnormal production and other |
ProductionRelatedImpairmentsOrCharges
|
- | USD | 1 Quarter |
| Costs associated with abnormal production and other |
ProductionRelatedImpairmentsOrCharges
|
$650.00K | USD | 1 Quarter |
| Gross Margin |
GrossProfit
|
$-9.15M | USD | 1 Quarter |
| Gross Margin |
GrossProfit
|
$18.72M | USD | 1 Quarter |
| Selling and administrative |
SellingGeneralAndAdministrativeExpense
|
$6.57M | USD | 1 Quarter |
| Selling and administrative |
SellingGeneralAndAdministrativeExpense
|
$7.47M | USD | 1 Quarter |
| Accretion of asset retirement obligation |
AssetRetirementObligationAccretionExpense
|
$442.00K | USD | 1 Quarter |
| Accretion of asset retirement obligation |
AssetRetirementObligationAccretionExpense
|
$424.00K | USD | 1 Quarter |
| Restructuring expense |
RestructuringCharges
|
- | USD | 1 Quarter |
| Restructuring expense |
RestructuringCharges
|
$400.00K | USD | 1 Quarter |
| Other operating income |
OtherOperatingIncomeExpenseNet
|
$104.00K | USD | 1 Quarter |
| Other operating income |
OtherOperatingIncomeExpenseNet
|
$-66.00K | USD | 1 Quarter |
| Operating (Loss) Income |
OperatingIncomeLoss
|
$-16.46M | USD | 1 Quarter |
| Operating (Loss) Income |
OperatingIncomeLoss
|
$10.76M | USD | 1 Quarter |
| Interest expense, net |
InterestExpenseIncludingGainLossOnDerivative
|
$2.23M | USD | 1 Quarter |
| Interest expense, net |
InterestExpenseIncludingGainLossOnDerivative
|
$1.64M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$155.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$123.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncomeExpense
|
$327.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncomeExpense
|
$142.00K | USD | 1 Quarter |
| (Loss) Income Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-18.43M | USD | 1 Quarter |
| (Loss) Income Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$9.60M | USD | 1 Quarter |
| Income Tax Expense |
IncomeTaxExpenseBenefit
|
$3.07M | USD | 1 Quarter |
| Income Tax Expense |
IncomeTaxExpenseBenefit
|
$2.00K | USD | 1 Quarter |
| Net (Loss) Income |
NetIncomeLoss
|
$-18.43M | USD | 1 Quarter |
| Net (Loss) Income |
NetIncomeLoss
|
$6.53M | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
75.76M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
75.59M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
75.71M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
75.76M | shares | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.24 | 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
|
$-0.24 | USD | 1 Quarter |
Cash Flow Statement
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest Paid, Capitalized |
InterestPaidCapitalized
|
$100.00K | USD | 1 Quarter |
| Interest Paid, Capitalized |
InterestPaidCapitalized
|
- | USD | 1 Quarter |
| Depreciation, Depletion and Amortization |
DepreciationDepletionAndAmortization
|
$14.37M | USD | 1 Quarter |
| Depreciation, Depletion and Amortization |
DepreciationDepletionAndAmortization
|
$21.28M | USD | 1 Quarter |
| Net (Loss) income |
NetIncomeLoss
|
$-18.43M | USD | 1 Quarter |
| Net (Loss) income |
NetIncomeLoss
|
$6.53M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$2.96M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$93.00K | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$783.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.06M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.05M | USD | 1 Quarter |
| Lower-of-cost-or-market inventory adjustments |
InventoryWriteDown
|
$360.00K | USD | 1 Quarter |
| Lower-of-cost-or-market inventory adjustments |
InventoryWriteDown
|
$9.01M | USD | 1 Quarter |
| Allowance for parts inventory obsolescence |
ValuationAllowancesAndReservesAdjustments
|
- | USD | 1 Quarter |
| Allowance for parts inventory obsolescence |
ValuationAllowancesAndReservesAdjustments
|
$-532.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-243.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-285.00K | USD | 1 Quarter |
| Trade accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$9.96M | USD | 1 Quarter |
| Trade accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$14.69M | USD | 1 Quarter |
| Other receivables, net |
IncreaseDecreaseInOtherReceivables
|
$-319.00K | USD | 1 Quarter |
| Other receivables, net |
IncreaseDecreaseInOtherReceivables
|
$191.00K | USD | 1 Quarter |
| Refundable income taxes |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-41.00K | USD | 1 Quarter |
| Refundable income taxes |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-40.00K | USD | 1 Quarter |
| Inventory, net |
IncreaseDecreaseInInventories
|
$7.75M | USD | 1 Quarter |
| Inventory, net |
IncreaseDecreaseInInventories
|
$-7.95M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-666.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-7.30M | USD | 1 Quarter |
| Accounts payable, accrued liabilities, and accrued employee compensation and benefits |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$6.60M | USD | 1 Quarter |
| Accounts payable, accrued liabilities, and accrued employee compensation and benefits |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.18M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$40.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-92.00K | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$32.67M | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-1.09M | USD | 1 Quarter |
| Additions to property, plant, equipment, and mineral properties |
PaymentsToAcquireProductiveAssets
|
$6.02M | USD | 1 Quarter |
| Additions to property, plant, equipment, and mineral properties |
PaymentsToAcquireProductiveAssets
|
$8.68M | USD | 1 Quarter |
| Purchases of investments |
PaymentsToAcquireInvestments
|
$27.60M | USD | 1 Quarter |
| Purchases of investments |
PaymentsToAcquireInvestments
|
- | USD | 1 Quarter |
| Proceeds from sale of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$23.63M | USD | 1 Quarter |
| Proceeds from sale of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$3.84M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-32.44M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$17.62M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$1.24M | USD | 1 Quarter |
| Employee tax withholding paid for restricted stock upon vesting |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$172.00K | USD | 1 Quarter |
| Employee tax withholding paid for restricted stock upon vesting |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$1.04M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-1.41M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-1.04M | USD | 1 Quarter |
| Net Change in Cash and Cash Equivalents |
NetCashProvidedByUsedInContinuingOperations
|
$15.12M | USD | 1 Quarter |
| Net Change in Cash and Cash Equivalents |
NetCashProvidedByUsedInContinuingOperations
|
$-803.00K | 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
|
$67.59M | USD | Point-in-time |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$24.42M | USD | Point-in-time |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.31M | 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
|
$67.59M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$24.42M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.31M | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$134.00K | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$161.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$-38.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$11.00K | USD | 1 Quarter |
| Accrued purchases for property, plant, equipment, and mineral properties |
CapitalExpendituresIncurredButNotYetPaid
|
$2.00M | 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
|
$409.00M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$426.53M | USD | Point-in-time |
| Unrealized gain on investments available for sale, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$30.00K | USD | 1 Quarter |
| Unrealized gain on investments available for sale, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$10.00K | USD | 1 Quarter |
| Net (Loss) Income |
NetIncomeLoss
|
$-18.43M | USD | 1 Quarter |
| Net (Loss) Income |
NetIncomeLoss
|
$6.53M | USD | 1 Quarter |
| Stock-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$1.05M | USD | 1 Quarter |
| Vesting of restricted common stock, net of restricted common stock used to fund employee income tax withholding due upon vesting |
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
$172.00K | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$409.00M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$426.53M | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (Loss) Income |
NetIncomeLoss
|
$-18.43M | USD | 1 Quarter |
| Net (Loss) Income |
NetIncomeLoss
|
$6.53M | USD | 1 Quarter |
| Unrealized gain on investments available for sale, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$30.00K | USD | 1 Quarter |
| Unrealized gain on investments available for sale, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$10.00K | USD | 1 Quarter |
| Other Comprehensive (Loss) Income |
OtherComprehensiveIncomeLossNetOfTax
|
$10.00K | USD | 1 Quarter |
| Other Comprehensive (Loss) Income |
OtherComprehensiveIncomeLossNetOfTax
|
$30.00K | USD | 1 Quarter |
| Comprehensive (Loss) Income |
ComprehensiveIncomeNetOfTax
|
$6.54M | USD | 1 Quarter |
| Comprehensive (Loss) Income |
ComprehensiveIncomeNetOfTax
|
$-18.40M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.