10-Q Filing

NUSTAR GP HOLDINGS, LLC CIK: 1223786 Q1 2011

Filing Information

Form Type	10-Q
Accession Number	`0001445305-11-000811`
Period End Date	20110331
Filing Date	20110505
Fiscal Year	2011
Fiscal Period	Q1
XBRL Instance	nsh-20110331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 20 Cash Flow Statement 44

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$486.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$371.00K	USD	Point-in-time
Receivable from NuStar Energy L.P.	`DueFromRelatedPartiesCurrent`	$10.35M	USD	Point-in-time
Receivable from NuStar Energy L.P.	`DueFromRelatedPartiesCurrent`	$12.18M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.10M	USD	Point-in-time
Other receivables	`OtherReceivablesCurrent`	$977.00K	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`	$4.92M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$303.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$224.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.61M	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`	$556.12M	USD	Point-in-time
Long-term receivable from NuStar Energy L.P.	`DueFromRelatedPartiesNoncurrent`	$10.73M	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`	$5.63M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$5.38M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$15.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.19M	USD	Point-in-time
Total assets	`Assets`	$593.86M	USD	Point-in-time
Total assets	`Assets`	$605.23M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$16.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$11.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$89.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$432.00K	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$23.75M	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$24.73M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$348.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$398.00K	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`	$310.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.34M	USD	Point-in-time
Employee benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$21.20M	USD	Point-in-time
Employee benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$23.39M	USD	Point-in-time
Members' equity	`MembersEquity`	$540.99M	USD	Point-in-time
Members' equity	`MembersEquity`	$531.52M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$471.00K	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$534.13M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$541.46M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$593.86M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$605.23M	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$11.34M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$9.30M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$793.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$744.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-619.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$125.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$178.00K	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$318.00K	USD	1 Quarter
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$8.31M	USD	1 Quarter
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$9.80M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-382.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-178.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.49M	USD	1 Quarter
Basic and diluted net income per unit	`EarningsPerShareBasic`	$0.24	USD	1 Quarter
Basic and diluted net income per unit	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
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 diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.51M	shares	1 Quarter
Weighted average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.58M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$10.18M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$8.49M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$11.34M	USD	1 Quarter
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$9.30M	USD	1 Quarter
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$11.34M	USD	1 Quarter
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$9.30M	USD	1 Quarter
Loss (gain) on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$619.00K	USD	1 Quarter
Loss (gain) on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-125.00K	USD	1 Quarter
(Benefit) provision for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$1.01M	USD	1 Quarter
(Benefit) provision for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-1.08M	USD	1 Quarter
Changes in current assets and liabilities (Note 6)	`IncreaseDecreaseInOperatingCapital`	$2.55M	USD	1 Quarter
Changes in current assets and liabilities (Note 6)	`IncreaseDecreaseInOperatingCapital`	$5.59M	USD	1 Quarter
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.17M	USD	1 Quarter
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	1 Quarter
Increase in long-term receivable from NuStar Energy L.P.	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-667.00K	USD	1 Quarter
Increase in long-term receivable from NuStar Energy L.P.	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-645.00K	USD	1 Quarter
Increase in employee benefit plan liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$2.19M	USD	1 Quarter
Increase in employee benefit plan liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$3.33M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.89M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.45M	USD	1 Quarter
Distributions in excess of equity in earnings from NuStar Energy L.P.	`DistributionsInExcessOfIncomeLossFromEquityMethodInvestments`	$10.88M	USD	1 Quarter
Distributions in excess of equity in earnings from NuStar Energy L.P.	`DistributionsInExcessOfIncomeLossFromEquityMethodInvestments`	$9.85M	USD	1 Quarter
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	-	USD	1 Quarter
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$2.10M	USD	1 Quarter
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$1.27M	USD	1 Quarter
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$4.18M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$12.15M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$11.93M	USD	1 Quarter
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$4.50M	USD	1 Quarter
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	-	USD	1 Quarter
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$18.49M	USD	1 Quarter
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$20.42M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-24.92M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-18.49M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$115.00K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.10M	USD	1 Quarter
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.20M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$486.00K	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`	$371.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.20M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$486.00K	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`	$371.00K	USD	Point-in-time

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