10-Q Filing

COMPX INTERNATIONAL INC CIK: 1049606 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-293173`
Period End Date	20110930
Filing Date	20111103
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	cix-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 62 Cash Flow Statement 65 Stockholders Equity 11

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.65M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.62M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$14.60M	USD	Point-in-time
Inventories, net	`InventoryNet`	$19.98M	USD	Point-in-time
Inventories, net	`InventoryNet`	$18.42M	USD	Point-in-time
Prepaid and other	`PrepaidExpenseAndOtherAssetsCurrent`	$1.05M	USD	Point-in-time
Prepaid and other	`PrepaidExpenseAndOtherAssetsCurrent`	$1.29M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$2.35M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$2.37M	USD	Point-in-time
Promissory note receivable	`NotesReceivableNet`	$15.00M	USD	Point-in-time
Promissory note receivable	`NotesReceivableNet`	$15.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$65.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$63.78M	USD	Point-in-time
Goodwill	`Goodwill`	$34.03M	USD	Point-in-time
Goodwill	`Goodwill`	$31.45M	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$2.28M	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$840.00K	USD	Point-in-time
Assets held for sale	`AssetsHeldForSalePropertyPlantAndEquipment`	$2.42M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSalePropertyPlantAndEquipment`	$6.66M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$102.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$94.00K	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$43.06M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$34.81M	USD	Point-in-time
Land	`Land`	$12.65M	USD	Point-in-time
Land	`Land`	$11.24M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$32.15M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$39.93M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$123.72M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$123.29M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$965.00K	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$1.12M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$167.80M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$177.27M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$116.71M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$117.37M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$51.09M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$59.90M	USD	Point-in-time
Total assets	`Assets`	$157.93M	USD	Point-in-time
Total assets	`Assets`	$160.07M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$5.84M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$14.90M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$16.18M	USD	Point-in-time
Interest payable to affiliate	`DueToRelatedPartiesCurrent`	$3.00K	USD	Point-in-time
Interest payable to affiliate	`DueToRelatedPartiesCurrent`	$876.00K	USD	Point-in-time
Income taxes payable to affiliate	`RelatedPartyTaxExpenseDueToAffiliatesCurrent1`	$1.09M	USD	Point-in-time
Income taxes payable to affiliate	`RelatedPartyTaxExpenseDueToAffiliatesCurrent1`	$1.17M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$907.00K	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$1.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$23.35M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$44.23M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$36.48M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$11.89M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$12.83M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$775.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$6.00K	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$56.12M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$50.09M	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$54.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$55.15M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.55M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$10.67M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$12.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$83.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$84.49M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$160.07M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$157.93M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$102.92M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$35.74M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$35.74M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$105.75M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$26.04M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$27.20M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$75.27M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$78.70M	USD	3 Qtrs
Gross profit	`GrossProfit`	$8.53M	USD	1 Quarter
Gross profit	`GrossProfit`	$9.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$27.65M	USD	3 Qtrs
Gross profit	`GrossProfit`	$27.05M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$17.24M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$5.90M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$17.81M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$5.75M	USD	1 Quarter
Assets held for sale write-down	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$500.00K	USD	3 Qtrs
Assets held for sale write-down	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$500.00K	USD	1 Quarter
Assets held for sale write-down	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.14M	USD	3 Qtrs
Assets held for sale write-down	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.14M	USD	1 Quarter
Litigation settlement gain	`GainLossRelatedToLitigationSettlement`	$7.47M	USD	3 Qtrs
Litigation expense	`LegalFees`	$2.10M	USD	3 Qtrs
Litigation expense	`LegalFees`	$227.00K	USD	3 Qtrs
Litigation expense	`LegalFees`	$158.00K	USD	1 Quarter
Facility consolidation costs	`RestructuringCharges`	$175.00K	USD	1 Quarter
Facility consolidation costs	`RestructuringCharges`	$1.97M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$7.81M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$1.48M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.14M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$13.38M	USD	3 Qtrs
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$221.00K	USD	3 Qtrs
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$127.00K	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$385.00K	USD	3 Qtrs
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$119.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$218.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$617.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$683.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$263.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.14M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.39M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.35M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.92M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$302.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.32M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.44M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.71M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.43M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.09M	USD	1 Quarter
Basic and diluted income per common share	`EarningsPerShareBasicAndDiluted`	$0.13	USD	1 Quarter
Basic and diluted income per common share	`EarningsPerShareBasicAndDiluted`	$0.20	USD	3 Qtrs
Basic and diluted income per common share	`EarningsPerShareBasicAndDiluted`	$0.09	USD	1 Quarter
Basic and diluted income per common share	`EarningsPerShareBasicAndDiluted`	$0.54	USD	3 Qtrs
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.38	USD	3 Qtrs
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.38	USD	3 Qtrs
Shares used in the calculation of basic and diluted income per share	`Weightedaveragenumberofsharesoutstandingbasicanddiluted1`	12.38M	shares	3 Qtrs
Shares used in the calculation of basic and diluted income per share	`Weightedaveragenumberofsharesoutstandingbasicanddiluted1`	12.39M	shares	1 Quarter
Shares used in the calculation of basic and diluted income per share	`Weightedaveragenumberofsharesoutstandingbasicanddiluted1`	12.38M	shares	1 Quarter
Shares used in the calculation of basic and diluted income per share	`Weightedaveragenumberofsharesoutstandingbasicanddiluted1`	12.37M	shares	3 Qtrs

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.71M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.43M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.09M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.26M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.87M	USD	3 Qtrs
Assets held for sale write-down	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$500.00K	USD	3 Qtrs
Assets held for sale write-down	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$500.00K	USD	1 Quarter
Assets held for sale write-down	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.14M	USD	3 Qtrs
Assets held for sale write-down	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.14M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-421.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$885.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-488.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-560.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$5.78M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.89M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$2.14M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$872.00K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$270.00K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.18M	USD	3 Qtrs
Accounts with affiliates	`IncreaseDecreaseDueFromAffiliates`	$-141.00K	USD	3 Qtrs
Accounts with affiliates	`IncreaseDecreaseDueFromAffiliates`	$-3.09M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$585.00K	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.36M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$910.00K	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$950.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.32M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.82M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.47M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.77M	USD	3 Qtrs
Acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.90M	USD	3 Qtrs
Advances	`PaymentsToFundLongtermLoansToRelatedParties`	$9.00M	USD	3 Qtrs
Collections	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$9.00M	USD	3 Qtrs
Purchase of promissory note receivable	`PaymentsToAcquireNotesReceivable`	$15.00M	USD	3 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$151.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.47M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.52M	USD	3 Qtrs
Borrowing under long-term debt	`ProceedsFromRepaymentsOfLinesOfCredit`	$5.00M	USD	3 Qtrs
Borrowing under long-term debt	`ProceedsFromRepaymentsOfLinesOfCredit`	$5.29M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermLinesOfCredit`	$3.01M	USD	3 Qtrs
Repayment of loan from affiliate	`RepaymentsOfRelatedPartyDebt`	$4.75M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$4.64M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$4.64M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-28.00K	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$171.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.93M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$332.00K	USD	3 Qtrs
Operating, investing and financing activities	`NetCashUsedInProvidedByOperatingInvestingAndFinancingActivities`	$-5.14M	USD	3 Qtrs
Operating, investing and financing activities	`NetCashUsedInProvidedByOperatingInvestingAndFinancingActivities`	$-10.32M	USD	3 Qtrs
Currency translation	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-245.00K	USD	3 Qtrs
Currency translation	`EffectOfExchangeRateOnCashAndCashEquivalents`	$185.00K	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$13.92M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.79M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.53M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.65M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$13.92M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$20.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.53M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.65M	USD	Point-in-time
Interest	`InterestPaid`	$1.40M	USD	3 Qtrs
Interest	`InterestPaid`	$194.00K	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$4.85M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$-98.00K	USD	3 Qtrs
Non-cash investing and financing activity - Accrual for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$320.00K	USD	3 Qtrs
Non-cash investing and financing activity - Accrual for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$54.00K	USD	3 Qtrs

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$83.89M	USD	Point-in-time
Balance	`StockholdersEquity`	$84.49M	USD	Point-in-time
Net income	`NetIncomeLoss`	$1.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.71M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.43M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.09M	USD	1 Quarter
Other comprehensive loss, net	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-1.64M	USD	3 Qtrs
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalOther`	$171.00K	USD	3 Qtrs
Cash dividends	`DividendsCommonStockCash`	$4.64M	USD	3 Qtrs
Balance	`StockholdersEquity`	$83.89M	USD	Point-in-time
Balance	`StockholdersEquity`	$84.49M	USD	Point-in-time

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