10-Q Filing

NUSTAR GP HOLDINGS, LLC CIK: 1223786 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001223786-11-000003`
Period End Date	20110630
Filing Date	20110804
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	nsh-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 40 Cash Flow Statement 52

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$371.00K	USD	Point-in-time
Receivable from NuStar Energy L.P.	`DueFromRelatedPartiesCurrent`	$15.49M	USD	Point-in-time
Receivable from NuStar Energy L.P.	`DueFromRelatedPartiesCurrent`	$10.35M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$742.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Other receivables	`OtherReceivablesCurrent`	$850.00K	USD	Point-in-time
Other receivables	`OtherReceivablesCurrent`	$831.00K	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetCurrent`	$4.87M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetCurrent`	$6.41M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$303.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$98.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$26.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.65M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$566.68M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$551.81M	USD	Point-in-time
Long-term receivable from NuStar Energy L.P.	`DueFromRelatedPartiesNoncurrent`	$10.09M	USD	Point-in-time
Long-term receivable from NuStar Energy L.P.	`DueFromRelatedPartiesNoncurrent`	$11.41M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$3.78M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$5.63M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.19M	USD	Point-in-time
Total assets	`Assets`	$605.23M	USD	Point-in-time
Total assets	`Assets`	$593.91M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$11.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$16.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$89.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$367.00K	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$24.67M	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$24.73M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$398.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$365.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$302.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$1.06M	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$15.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.42M	USD	Point-in-time
Employee benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$26.83M	USD	Point-in-time
Employee benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$21.20M	USD	Point-in-time
Members' equity	`MembersEquity`	$540.99M	USD	Point-in-time
Members' equity	`MembersEquity`	$533.48M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$471.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.82M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$541.46M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$530.66M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$593.91M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$605.23M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$22.92M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$23.81M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$34.26M	USD	2 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$33.11M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.49M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$657.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$742.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.45M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$7.89M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-665.00K	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-46.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$8.02M	USD	2 Qtrs
Interest expense, net	`InterestExpenseDebt`	$657.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseDebt`	$165.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$343.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseDebt`	$339.00K	USD	1 Quarter
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$39.02M	USD	2 Qtrs
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$30.71M	USD	1 Quarter
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$21.97M	USD	1 Quarter
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$31.77M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-477.00K	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-177.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-95.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-355.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$22.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.38M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$30.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.24M	USD	2 Qtrs
Basic and diluted net income per unit	`EarningsPerShareBasic`	$0.93	USD	2 Qtrs
Basic and diluted net income per unit	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Basic and diluted net income per unit	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Basic and diluted net income per unit	`EarningsPerShareBasic`	$0.76	USD	2 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.54M	shares	2 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.51M	shares	1 Quarter
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.54M	shares	1 Quarter
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.51M	shares	2 Qtrs
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.51M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.51M	shares	2 Qtrs
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.59M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.59M	shares	2 Qtrs

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$22.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.38M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$30.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.24M	USD	2 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$22.92M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$23.81M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$34.26M	USD	2 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$33.11M	USD	2 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$33.11M	USD	2 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$34.26M	USD	2 Qtrs
Gain related to NuStar Energy L.P.'s issuance of limited partner units	`GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome`	$7.77M	USD	2 Qtrs
Gain related to NuStar Energy L.P.'s issuance of limited partner units	`GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome`	-	USD	2 Qtrs
Loss (gain) on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$665.00K	USD	2 Qtrs
Loss (gain) on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-253.00K	USD	2 Qtrs
(Benefit) provision for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-977.00K	USD	2 Qtrs
(Benefit) provision for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$508.00K	USD	2 Qtrs
Changes in current assets and liabilities (Note 7)	`IncreaseDecreaseInOperatingCapital`	$4.22M	USD	2 Qtrs
Changes in current assets and liabilities (Note 7)	`IncreaseDecreaseInOperatingCapital`	$7.78M	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.19M	USD	2 Qtrs
Increase in long-term receivable from NuStar Energy L.P.	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-1.32M	USD	2 Qtrs
Increase in long-term receivable from NuStar Energy L.P.	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-1.31M	USD	2 Qtrs
Increase in employee benefit plan liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$5.63M	USD	2 Qtrs
Increase in employee benefit plan liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$6.63M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.22M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.41M	USD	2 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`DistributionsInExcessOfIncomeLossFromEquityMethodInvestments`	$8.11M	USD	2 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`DistributionsInExcessOfIncomeLossFromEquityMethodInvestments`	$7.23M	USD	2 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$5.08M	USD	2 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$2.10M	USD	2 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$4.63M	USD	2 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$2.25M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.40M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$10.64M	USD	2 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	-	USD	2 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$5.20M	USD	2 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$5.00M	USD	2 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	-	USD	2 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$40.84M	USD	2 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$37.63M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-32.43M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-45.84M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.99M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.38M	USD	2 Qtrs
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.30M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.75M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.32M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$371.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.30M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.75M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.32M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$371.00K	USD	Point-in-time

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