10-Q Filing

NUSTAR GP HOLDINGS, LLC CIK: 1223786 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001223786-12-000007`
Period End Date	20120630
Filing Date	20120807
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	nsh-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 48 Cash Flow Statement 55

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$730.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.32M	USD	Point-in-time
Receivable from NuStar Energy L.P.	`DueFromRelatedPartiesCurrent`	$17.56M	USD	Point-in-time
Receivable from NuStar Energy L.P.	`DueFromRelatedPartiesCurrent`	$6.74M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.62M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$3.66M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$860.00K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$302.00K	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$1.79M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$4.38M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$273.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$204.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$24.87M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.59M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$547.23M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$471.28M	USD	Point-in-time
Long-term receivable from NuStar Energy L.P.	`DueFromRelatedPartiesNoncurrent`	$14.50M	USD	Point-in-time
Long-term receivable from NuStar Energy L.P.	`DueFromRelatedPartiesNoncurrent`	$15.14M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$11.70M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$13.55M	USD	Point-in-time
Total assets	`Assets`	$524.85M	USD	Point-in-time
Total assets	`Assets`	$589.03M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$16.50M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$15.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$257.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$447.00K	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$19.48M	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$20.18M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$462.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$314.00K	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$1.29M	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$309.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.98M	USD	Point-in-time
Long-term liabilities	`OtherLiabilitiesNoncurrent`	$53.24M	USD	Point-in-time
Long-term liabilities	`OtherLiabilitiesNoncurrent`	$44.16M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Members' equity	`MembersEquity`	$464.53M	USD	Point-in-time
Members' equity	`MembersEquity`	$529.55M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.66M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-29.17M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$506.88M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$435.36M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$524.85M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$589.03M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Equity in (loss) earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$-32.43M	USD	1 Quarter
Equity in (loss) earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$34.26M	USD	2 Qtrs
Equity in (loss) earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$22.92M	USD	1 Quarter
Equity in (loss) earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$-20.66M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$742.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$795.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.65M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.49M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-665.00K	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$106.00K	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-46.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-30.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$151.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$284.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseDebt`	$165.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$343.00K	USD	2 Qtrs
(Loss) income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$21.97M	USD	1 Quarter
(Loss) income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-33.40M	USD	1 Quarter
(Loss) income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.77M	USD	2 Qtrs
(Loss) income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-22.49M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-95.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-324.00K	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-196.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-477.00K	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$32.24M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-22.16M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$22.06M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-33.21M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-33.95M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-28.67M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$16.64M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$28.95M	USD	2 Qtrs
Basic net (loss) income per unit	`EarningsPerShareBasic`	$-0.78	USD	1 Quarter
Basic net (loss) income per unit	`EarningsPerShareBasic`	$-0.52	USD	2 Qtrs
Basic net (loss) income per unit	`EarningsPerShareBasic`	$0.76	USD	2 Qtrs
Basic net (loss) income per unit	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Diluted net (loss) income per unit	`EarningsPerShareDiluted`	$-0.78	USD	1 Quarter
Diluted net (loss) income per unit	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter
Diluted net (loss) income per unit	`EarningsPerShareDiluted`	$0.76	USD	2 Qtrs
Diluted net (loss) income per unit	`EarningsPerShareDiluted`	$-0.52	USD	2 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.57M	shares	2 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.54M	shares	2 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.58M	shares	1 Quarter
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.54M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.58M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.57M	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 55 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$32.24M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-22.16M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$22.06M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-33.21M	USD	1 Quarter
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$-32.43M	USD	1 Quarter
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$34.26M	USD	2 Qtrs
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$22.92M	USD	1 Quarter
Equity in loss (earnings) of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$-20.66M	USD	2 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	2 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$34.26M	USD	2 Qtrs
(Gain) loss on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$665.00K	USD	2 Qtrs
(Gain) loss on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-106.00K	USD	2 Qtrs
Provision (benefit) for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-977.00K	USD	2 Qtrs
Provision (benefit) for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$733.00K	USD	2 Qtrs
Changes in current assets and liabilities (Note 6)	`IncreaseDecreaseInOperatingCapital`	$4.22M	USD	2 Qtrs
Changes in current assets and liabilities (Note 6)	`IncreaseDecreaseInOperatingCapital`	$11.84M	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.19M	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	-	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`	$-639.00K	USD	2 Qtrs
Increase in long-term liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$9.08M	USD	2 Qtrs
Increase in long-term liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$5.63M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$76.00K	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	-	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.20M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.22M	USD	2 Qtrs
Distributions from NuStar Energy L.P.	`DistributionsInExcessOfIncomeLossFromEquityMethodInvestments`	$8.11M	USD	2 Qtrs
Distributions from NuStar Energy L.P.	`DistributionsInExcessOfIncomeLossFromEquityMethodInvestments`	$45.66M	USD	2 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$2.10M	USD	2 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	-	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`	$2.48M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$10.64M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$48.14M	USD	2 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	-	USD	2 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$15.00M	USD	2 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$5.00M	USD	2 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$16.50M	USD	2 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$40.84M	USD	2 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$21.70M	USD	1 Quarter
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$43.43M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$368.00K	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-44.56M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-45.84M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.99M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-624.00K	USD	2 Qtrs
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.35M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$730.00K	USD	Point-in-time
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`	$3.32M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.35M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$730.00K	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`	$3.32M	USD	Point-in-time

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