10-Q Filing

NUSTAR GP HOLDINGS, LLC CIK: 1223786 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001223786-15-000030`
Period End Date	20150930
Filing Date	20151105
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	nsh-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 48 Cash Flow Statement 54

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$266.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.41M	USD	Point-in-time
Receivable from related parties	`DueFromRelatedPartiesCurrent`	$16.42M	USD	Point-in-time
Receivable from related parties	`DueFromRelatedPartiesCurrent`	$15.70M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.21M	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`	$724.00K	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$2.28M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$491.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$231.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$20.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.06M	USD	Point-in-time
Investment in NuStar Energy L.P.	`EquityMethodInvestments`	$326.98M	USD	Point-in-time
Investment in NuStar Energy L.P.	`EquityMethodInvestments`	$320.02M	USD	Point-in-time
Long-term receivable from related party	`DueFromRelatedPartiesNoncurrent`	$33.54M	USD	Point-in-time
Long-term receivable from related party	`DueFromRelatedPartiesNoncurrent`	$30.55M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$3.57M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$1.75M	USD	Point-in-time
Total assets	`Assets`	$372.73M	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`	$620.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$404.00K	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$9.94M	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$13.89M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$437.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$475.00K	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$1.75M	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$1.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$38.75M	USD	Point-in-time
Long-term liabilities	`OtherLiabilitiesNoncurrent`	$33.40M	USD	Point-in-time
Long-term liabilities	`OtherLiabilitiesNoncurrent`	$35.56M	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`	$316.61M	USD	Point-in-time
Members equity	`MembersCapital`	$306.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.89M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.78M	USD	Point-in-time
Total members equity	`MembersEquity`	$297.19M	USD	Point-in-time
Total members equity	`MembersEquity`	$310.84M	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$372.73M	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`	$17.77M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$48.90M	USD	3 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$18.19M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$62.28M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.63M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$825.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.70M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$877.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$354.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$567.00K	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-3.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$536.00K	USD	3 Qtrs
Interest expense, net	`InterestExpenseDebt`	$216.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$669.00K	USD	3 Qtrs
Interest expense, net	`InterestExpenseDebt`	$661.00K	USD	3 Qtrs
Interest expense, net	`InterestExpenseDebt`	$234.00K	USD	1 Quarter
Income before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$46.17M	USD	3 Qtrs
Income before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.13M	USD	1 Quarter
Income before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$59.46M	USD	3 Qtrs
Income before income tax (expense) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.03M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$213.00K	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-608.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$215.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-885.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$16.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.05M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$17.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$59.25M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$56.14M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$16.67M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.76M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$45.15M	USD	3 Qtrs
Basic net income per unit	`EarningsPerShareBasic`	$1.10	USD	3 Qtrs
Basic net income per unit	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Basic net income per unit	`EarningsPerShareBasic`	$1.38	USD	3 Qtrs
Basic net income per unit	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Diluted net income per unit	`EarningsPerShareDiluted`	$1.10	USD	3 Qtrs
Diluted net income per unit	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Diluted net income per unit	`EarningsPerShareDiluted`	$0.41	USD	1 Quarter
Diluted net income per unit	`EarningsPerShareDiluted`	$1.38	USD	3 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.91M	shares	1 Quarter
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.67M	shares	3 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.91M	shares	3 Qtrs
Weighted-average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.70M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.70M	shares	3 Qtrs
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.91M	shares	3 Qtrs
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.76M	shares	1 Quarter
Weighted-average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.91M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$16.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.05M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$17.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$59.25M	USD	3 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$17.77M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$48.90M	USD	3 Qtrs
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$18.19M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$62.28M	USD	3 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$48.90M	USD	3 Qtrs
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$62.28M	USD	3 Qtrs
Gain on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`GainLossOnSaleOfUnits`	$536.00K	USD	3 Qtrs
Gain on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`GainLossOnSaleOfUnits`	$567.00K	USD	3 Qtrs
Provision (benefit) for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$264.00K	USD	3 Qtrs
Provision (benefit) for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-472.00K	USD	3 Qtrs
Changes in current assets and liabilities (Note 6)	`IncreaseDecreaseInOperatingCapital`	$-3.13M	USD	3 Qtrs
Changes in current assets and liabilities (Note 6)	`IncreaseDecreaseInOperatingCapital`	$-10.46M	USD	3 Qtrs
Decrease in long-term receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$8.27M	USD	3 Qtrs
Decrease in long-term receivable from related party	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$2.17M	USD	3 Qtrs
Decrease in long-term liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-2.17M	USD	3 Qtrs
Decrease in long-term liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-8.84M	USD	3 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$282.00K	USD	3 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$219.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$56.12M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$62.39M	USD	3 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$23.01M	USD	3 Qtrs
Distributions in excess of equity in earnings from NuStar Energy L.P.	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$9.66M	USD	3 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$6.42M	USD	3 Qtrs
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$18.02M	USD	3 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$1.96M	USD	3 Qtrs
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$6.46M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$11.46M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$5.20M	USD	3 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$26.00M	USD	3 Qtrs
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	-	USD	3 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$26.00M	USD	3 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	-	USD	3 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$70.18M	USD	3 Qtrs
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$69.75M	USD	3 Qtrs
Proceeds from the exercise of unit options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Proceeds from the exercise of unit options	`ProceedsFromStockOptionsExercised`	$4.13M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$15.00K	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-154.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-70.16M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-65.77M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.80M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.57M	USD	3 Qtrs
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$266.00K	USD	Point-in-time
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`	$1.60M	USD	Point-in-time
Cash and cash equivalents as of the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.41M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$266.00K	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`	$1.60M	USD	Point-in-time
Cash and cash equivalents as of the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.41M	USD	Point-in-time

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