10-Q Filing

NUSTAR GP HOLDINGS, LLC CIK: 1223786 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001223786-11-000006`
Period End Date	20110930
Filing Date	20111107
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	nsh-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 40 Cash Flow Statement 55

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$371.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.51M	USD	Point-in-time
Receivable from NuStar Energy L.P.	`DueFromRelatedPartiesCurrent`	$12.37M	USD	Point-in-time
Receivable from NuStar Energy L.P.	`DueFromRelatedPartiesCurrent`	$10.35M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$124.00K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$831.00K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$862.00K	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetCurrent`	$7.70M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetCurrent`	$4.87M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$115.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$303.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.69M	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`	$530.19M	USD	Point-in-time
Long-term receivable from NuStar Energy L.P.	`DueFromRelatedPartiesNoncurrent`	$11.87M	USD	Point-in-time
Long-term receivable from NuStar Energy L.P.	`DueFromRelatedPartiesNoncurrent`	$10.09M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$3.50M	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`	$568.25M	USD	Point-in-time
Total assets	`Assets`	$605.23M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$10.50M	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`	$363.00K	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$19.62M	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`	$496.00K	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`	$735.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.71M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.57M	USD	Point-in-time
Employee benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$21.20M	USD	Point-in-time
Employee benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$30.07M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Members' equity	`MembersEquity`	$540.99M	USD	Point-in-time
Members' equity	`MembersEquity`	$530.85M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-24.37M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$471.00K	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$506.47M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$541.46M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$568.25M	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`	$18.33M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$53.26M	USD	3 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$19.00M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$51.44M	USD	3 Qtrs
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`	$749.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.23M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-557.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$108.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$15.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$8.04M	USD	3 Qtrs
Interest expense, net	`InterestExpenseDebt`	$245.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$902.00K	USD	3 Qtrs
Interest expense, net	`InterestExpenseDebt`	$459.00K	USD	3 Qtrs
Interest expense, net	`InterestExpenseDebt`	$116.00K	USD	1 Quarter
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$50.01M	USD	3 Qtrs
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.43M	USD	1 Quarter
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$56.45M	USD	3 Qtrs
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$18.24M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-346.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-123.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-701.00K	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-600.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$18.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$50.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$57.16M	USD	3 Qtrs
Basic and diluted net income per unit	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic and diluted net income per unit	`EarningsPerShareBasic`	$1.19	USD	3 Qtrs
Basic and diluted net income per unit	`EarningsPerShareBasic`	$1.35	USD	3 Qtrs
Basic and diluted net income per unit	`EarningsPerShareBasic`	$0.43	USD	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	3 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.54M	shares	3 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.51M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.51M	shares	3 Qtrs
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.58M	shares	3 Qtrs
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.57M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.51M	shares	1 Quarter

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$18.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$50.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$57.16M	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`	$53.26M	USD	3 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$19.00M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$51.44M	USD	3 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$51.44M	USD	3 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$53.26M	USD	3 Qtrs
Gain related to NuStar Energy L.P.'s issuance of limited partner units	`GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome`	$7.77M	USD	3 Qtrs
Gain related to NuStar Energy L.P.'s issuance of limited partner units	`GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome`	$124.00K	USD	3 Qtrs
Loss (gain) on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$681.00K	USD	3 Qtrs
Loss (gain) on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-268.00K	USD	3 Qtrs
Benefit for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-1.80M	USD	3 Qtrs
Benefit for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-1.99M	USD	3 Qtrs
Changes in current assets and liabilities (Note 7)	`IncreaseDecreaseInOperatingCapital`	$4.65M	USD	3 Qtrs
Changes in current assets and liabilities (Note 7)	`IncreaseDecreaseInOperatingCapital`	$-2.65M	USD	3 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	3 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.19M	USD	3 Qtrs
Increase in long-term receivable from NuStar Energy L.P.	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-1.78M	USD	3 Qtrs
Increase in long-term receivable from NuStar Energy L.P.	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-1.99M	USD	3 Qtrs
Increase in employee benefit plan liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$8.87M	USD	3 Qtrs
Increase in employee benefit plan liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$9.97M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	-	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-134.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$52.94M	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`	$10.92M	USD	3 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$12.53M	USD	3 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$4.97M	USD	3 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$4.72M	USD	3 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$3.52M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$727.00K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$10.68M	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 short-term debt	`RepaymentsOfShortTermDebt`	$5.50M	USD	3 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	-	USD	3 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$57.18M	USD	3 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$21.06M	USD	1 Quarter
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$61.90M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-67.40M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-51.98M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.79M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.70M	USD	3 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`	$7.07M	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 beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.51M	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`	$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`	$1.51M	USD	Point-in-time

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