10-Q Filing

NUSTAR GP HOLDINGS, LLC CIK: 1223786 Q3 2010

Filing Information

Form Type	10-Q
Accession Number	`0001193125-10-248000`
Period End Date	20100930
Filing Date	20101104
Fiscal Year	2010
Fiscal Period	Q3
XBRL Instance	nsh-20100930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 36 Cash Flow Statement 48

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$371.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.07M	USD	Point-in-time
Receivable from NuStar Energy L.P.	`DueFromRelatedPartiesCurrent`	$23.31M	USD	Point-in-time
Receivable from NuStar Energy L.P.	`DueFromRelatedPartiesCurrent`	$10.64M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$5.80M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$805.00K	USD	Point-in-time
Other receivables	`OtherReceivablesCurrent`	$938.00K	USD	Point-in-time
Other receivables	`OtherReceivablesCurrent`	$795.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$353.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$176.00K	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetCurrent`	$1.20M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetCurrent`	$1.89M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$34.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$19.15M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$566.41M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$559.52M	USD	Point-in-time
Long-term receivable from NuStar Energy L.P.	`DueFromRelatedPartiesNoncurrent`	$7.66M	USD	Point-in-time
Long-term receivable from NuStar Energy L.P.	`DueFromRelatedPartiesNoncurrent`	$9.65M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$6.92M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$8.03M	USD	Point-in-time
Total assets	`Assets`	$593.26M	USD	Point-in-time
Total assets	`Assets`	$618.28M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$14.30M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$19.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$351.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$591.00K	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$24.11M	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$14.59M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$829.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$545.00K	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$847.00K	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$848.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$30.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$45.60M	USD	Point-in-time
Employee benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$34.10M	USD	Point-in-time
Employee benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$24.13M	USD	Point-in-time
Members' equity	`MembersEquity`	$545.53M	USD	Point-in-time
Members' equity	`MembersEquity`	$545.20M	USD	Point-in-time
Share of NuStar Energy L.P.'s other comprehensive income	`ShareOfEquityMethodInvestmentsOtherComprehensiveIncome`	$1.46M	USD	Point-in-time
Share of NuStar Energy L.P.'s other comprehensive income	`ShareOfEquityMethodInvestmentsOtherComprehensiveIncome`	$1.04M	USD	Point-in-time
Pension adjustments, net of tax	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax`	$8.45M	USD	Point-in-time
Pension adjustments, net of tax	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax`	$7.99M	USD	Point-in-time
Total accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.99M	USD	Point-in-time
Total accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.95M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$538.21M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$538.58M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$618.28M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$593.26M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$18.33M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$51.44M	USD	3 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$18.05M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$52.78M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$679.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.12M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$671.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.16M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$22.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$8.04M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$15.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$19.00K	USD	3 Qtrs
Interest expense, net	`InterestExpenseDebt`	$88.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$137.00K	USD	3 Qtrs
Interest expense, net	`InterestExpenseDebt`	$245.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$902.00K	USD	3 Qtrs
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$50.51M	USD	3 Qtrs
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$56.45M	USD	3 Qtrs
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$17.31M	USD	1 Quarter
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$17.43M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-603.00K	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-420.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-346.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-701.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$17.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.16M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$51.11M	USD	3 Qtrs
Basic and diluted net income per unit	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic and diluted net income per unit	`EarningsPerShareBasic`	$1.35	USD	3 Qtrs
Basic and diluted net income per unit	`EarningsPerShareBasic`	$1.20	USD	3 Qtrs
Basic and diluted net income per unit	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Weighted average number of basic and diluted units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.50M	shares	1 Quarter
Weighted average number of basic and diluted units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.51M	shares	1 Quarter
Weighted average number of basic and diluted units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.50M	shares	3 Qtrs
Weighted average number of basic and diluted units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.51M	shares	3 Qtrs

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$17.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.16M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$51.11M	USD	3 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$18.33M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$51.44M	USD	3 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$18.05M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$52.78M	USD	3 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$52.78M	USD	3 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$51.44M	USD	3 Qtrs
Gain related to issuance of NuStar Energy L.P. limited partner units	`GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome`	-	USD	3 Qtrs
Gain related to issuance of NuStar Energy L.P. limited partner units	`GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome`	$7.77M	USD	3 Qtrs
Benefit for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-1.83M	USD	3 Qtrs
Benefit for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-1.80M	USD	3 Qtrs
Increase in employee benefit plan liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$9.97M	USD	3 Qtrs
Increase in employee benefit plan liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$7.05M	USD	3 Qtrs
Changes in current assets and liabilities (Note 7)	`IncreaseDecreaseInOperatingCapital`	$152.00K	USD	3 Qtrs
Changes in current assets and liabilities (Note 7)	`IncreaseDecreaseInOperatingCapital`	$-2.65M	USD	3 Qtrs
Other, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$-2.26M	USD	3 Qtrs
Other, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$-476.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$55.70M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$57.95M	USD	3 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`DistributionsInExcessOfIncomeLossFromEquityMethodInvestments`	$9.74M	USD	3 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`DistributionsInExcessOfIncomeLossFromEquityMethodInvestments`	$4.44M	USD	3 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$12.53M	USD	3 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with employee benefit plans	`ProceedsFromSaleOfEquityMethodInvestments`	$676.00K	USD	3 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with employee benefit plans	`ProceedsFromSaleOfEquityMethodInvestments`	$3.52M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$5.12M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$727.00K	USD	3 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	-	USD	3 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$5.20M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	-	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$6.50M	USD	3 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$57.18M	USD	3 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$54.83M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-61.33M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-51.98M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.70M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-517.00K	USD	3 Qtrs
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$371.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.79M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.27M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.07M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$371.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.79M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.27M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.07M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.