10-Q Filing

NUSTAR GP HOLDINGS, LLC CIK: 1223786 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001223786-15-000022`
Period End Date	20150630
Filing Date	20150806
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	nsh-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 48 Cash Flow Statement 52

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$333.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.53M	USD	Point-in-time
Receivable from related parties	`DueFromRelatedPartiesCurrent`	$15.70M	USD	Point-in-time
Receivable from related parties	`DueFromRelatedPartiesCurrent`	$20.86M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.16M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.21M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	-	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$91.00K	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$651.00K	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$724.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$491.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$270.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$23.28M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.06M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$325.18M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$326.98M	USD	Point-in-time
Long-term receivable from related party	`DueFromRelatedPartiesNoncurrent`	$36.89M	USD	Point-in-time
Long-term receivable from related party	`DueFromRelatedPartiesNoncurrent`	$33.54M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$3.65M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$3.57M	USD	Point-in-time
Total assets	`Assets`	$389.00M	USD	Point-in-time
Total assets	`Assets`	$385.15M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$26.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$26.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$412.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$620.00K	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$14.22M	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$9.94M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$437.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$360.00K	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$844.00K	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$1.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$38.75M	USD	Point-in-time
Long-term liabilities	`OtherLiabilitiesNoncurrent`	$35.56M	USD	Point-in-time
Long-term liabilities	`OtherLiabilitiesNoncurrent`	$39.47M	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	`MembersCapital`	$312.42M	USD	Point-in-time
Members equity	`MembersCapital`	$316.61M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.73M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.78M	USD	Point-in-time
Total members equity	`MembersEquity`	$307.69M	USD	Point-in-time
Total members equity	`MembersEquity`	$310.84M	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$389.00M	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$385.15M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$16.74M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$16.57M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$44.09M	USD	2 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$31.13M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.87M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$880.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.75M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$921.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$77.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$213.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$539.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$196.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$453.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseDebt`	$231.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$427.00K	USD	2 Qtrs
Interest expense, net	`InterestExpenseDebt`	$214.00K	USD	1 Quarter
Income before income tax benefit (expense)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$42.33M	USD	2 Qtrs
Income before income tax benefit (expense)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.51M	USD	1 Quarter
Income before income tax benefit (expense)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.82M	USD	1 Quarter
Income before income tax benefit (expense)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$29.14M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-277.00K	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-17.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$56.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-2.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$29.41M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$42.33M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.53M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.83M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.79M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$28.48M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.37M	USD	2 Qtrs
Basic net income per unit	`EarningsPerShareBasic`	$0.69	USD	2 Qtrs
Basic net income per unit	`EarningsPerShareBasic`	$0.37	USD	1 Quarter
Basic net income per unit	`EarningsPerShareBasic`	$0.99	USD	2 Qtrs
Basic net income per unit	`EarningsPerShareBasic`	$0.37	USD	1 Quarter
Diluted net income per unit	`EarningsPerShareDiluted`	$0.99	USD	2 Qtrs
Diluted net income per unit	`EarningsPerShareDiluted`	$0.69	USD	2 Qtrs
Diluted net income per unit	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Diluted net income per unit	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.91M	shares	1 Quarter
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.91M	shares	2 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.66M	shares	2 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.66M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.69M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.91M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.67M	shares	2 Qtrs
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.91M	shares	2 Qtrs

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$29.41M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$42.33M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.53M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$16.74M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$16.57M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$44.09M	USD	2 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$31.13M	USD	2 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$31.13M	USD	2 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$44.09M	USD	2 Qtrs
Gain on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-539.00K	USD	2 Qtrs
Gain on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-213.00K	USD	2 Qtrs
Benefit for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-3.00K	USD	2 Qtrs
Benefit for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-277.00K	USD	2 Qtrs
Changes in current assets and liabilities (Note 6)	`IncreaseDecreaseInOperatingCapital`	$1.64M	USD	2 Qtrs
Changes in current assets and liabilities (Note 6)	`IncreaseDecreaseInOperatingCapital`	$1.24M	USD	2 Qtrs
Increase in long-term receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-3.90M	USD	2 Qtrs
Increase in long-term receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-653.00K	USD	2 Qtrs
Increase in long-term liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$3.77M	USD	2 Qtrs
Increase in long-term liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$3.90M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$152.00K	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$184.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$40.34M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$30.95M	USD	2 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$16.80M	USD	2 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$3.87M	USD	2 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$1.82M	USD	2 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$3.48M	USD	2 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$1.89M	USD	2 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$2.15M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$15.47M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.93M	USD	2 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$26.00M	USD	2 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	-	USD	2 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$26.00M	USD	2 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	-	USD	2 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$46.50M	USD	2 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$46.79M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$15.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-46.50M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-46.78M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.51M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-76.00K	USD	2 Qtrs
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.84M	USD	Point-in-time
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$333.00K	USD	Point-in-time
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.53M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.84M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$333.00K	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.53M	USD	Point-in-time

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