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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | |
|---|---|---|
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Mar. 31, 2015
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Mar. 31, 2014
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| Income Statement [Abstract] | ||
| Sales | $ 117,021us-gaap_RevenueMineralSales | $ 98,875us-gaap_RevenueMineralSales |
| Less: | ||
| Freight costs | 10,912us-gaap_FreightCosts | 9,932us-gaap_FreightCosts |
| Warehousing and handling costs | 3,747ipi_WarehousingAndHandlingCosts | 2,812ipi_WarehousingAndHandlingCosts |
| Cost of goods sold | 83,282us-gaap_MineralExtractionProcessingAndMarketingCosts | 78,573us-gaap_MineralExtractionProcessingAndMarketingCosts |
| Lower-of-cost-or-market inventory adjustments | 360us-gaap_InventoryWriteDown | 3,566us-gaap_InventoryWriteDown |
| Gross Margin | 18,720us-gaap_GrossProfit | 3,992us-gaap_GrossProfit |
| Selling and administrative | 7,468us-gaap_SellingGeneralAndAdministrativeExpense | 6,746us-gaap_SellingGeneralAndAdministrativeExpense |
| Accretion of asset retirement obligation | 424us-gaap_AssetRetirementObligationAccretionExpense | 406us-gaap_AssetRetirementObligationAccretionExpense |
| Restructuring expense | 0us-gaap_RestructuringCharges | 1,827us-gaap_RestructuringCharges |
| Other operating expense (income) | 66us-gaap_OtherOperatingIncomeExpenseNet | (2,947)us-gaap_OtherOperatingIncomeExpenseNet |
| Operating Income | 10,762us-gaap_OperatingIncomeLoss | (2,040)us-gaap_OperatingIncomeLoss |
| Other Income (Expense) | ||
| Interest expense | (1,644)ipi_InterestExpenseIncludingGainLossOnDerivative | (1,380)ipi_InterestExpenseIncludingGainLossOnDerivative |
| Interest income | 155us-gaap_InvestmentIncomeInterest | 53us-gaap_InvestmentIncomeInterest |
| Other income (expense) | 327us-gaap_OtherNonoperatingIncomeExpense | 234us-gaap_OtherNonoperatingIncomeExpense |
| (Loss) Income Before Income Taxes | 9,600us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | (3,133)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
| Income Tax Benefit (Expense) | (3,071)us-gaap_IncomeTaxExpenseBenefit | 2,778us-gaap_IncomeTaxExpenseBenefit |
| Net (Loss) Income | $ 6,529us-gaap_NetIncomeLoss | $ (355)us-gaap_NetIncomeLoss |
| Weighted Average Shares Outstanding: | ||
| Basic (in shares) | 75,589,092us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 75,444,953us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |
| Diluted (in shares) | 75,707,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 75,444,953us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding |
| (Loss) Earnings Per Share: | ||
| Basic (in dollars per share) | $ 0.09us-gaap_EarningsPerShareBasic | $ 0.00us-gaap_EarningsPerShareBasic |
| Diluted (in dollars per share) | $ 0.09us-gaap_EarningsPerShareDiluted | $ 0.00us-gaap_EarningsPerShareDiluted |
| X | ||||||||||
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- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period, including realized and unrealized gains and losses on derivatives during the period. No definition available.
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- Definition
Aggregate costs incurred in warehousing and handling. No definition available.
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- Definition
Amount of accretion expense recognized during the period that is associated with an asset retirement obligation. Accretion expense measures and incorporates changes due to the passage of time into the carrying amount of the liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cost of freight-in, whether based on weight, negotiated freight rates and method of transportation (that is, rail, barge, truck, and so forth). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Charge to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence or market conditions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Costs incurred related to mineral extraction, processing and marketing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition
Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue from the sale of minerals and related products, and from rendering services such as exploration, development, mining, processing and providing mining support activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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