10-Q Filing

CPM HOLDINGS, INC. CIK: 1512574 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001512574-11-000005`
Period End Date	20110630
Filing Date	20110812
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	cpm-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 65 Cash Flow Statement 34 Stockholders Equity 22

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.10M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.10M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	936,913.00	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	936,913.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$109.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.99M	USD	Point-in-time
Restricted customer deposits	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$35.50M	USD	Point-in-time
Restricted customer deposits	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$28.69M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	936,913.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	936,913.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$42.45M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$43.77M	USD	Point-in-time
Inventories	`InventoriesPropertyHeldForSaleCurrent`	$49.90M	USD	Point-in-time
Inventories	`InventoriesPropertyHeldForSaleCurrent`	$60.09M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms`	$17.45M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms`	$21.43M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.12M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.88M	USD	Point-in-time
Deferred taxes	`DeferredTaxAssetsNetCurrent`	$3.28M	USD	Point-in-time
Deferred taxes	`DeferredTaxAssetsNetCurrent`	$3.21M	USD	Point-in-time
Current assets	`AssetsCurrent`	$202.58M	USD	Point-in-time
Current assets	`AssetsCurrent`	$279.94M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$17.12M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$18.40M	USD	Point-in-time
Trademarks	`IndefiniteLivedTrademarks`	$54.10M	USD	Point-in-time
Trademarks	`IndefiniteLivedTrademarks`	$54.59M	USD	Point-in-time
Goodwill	`Goodwill`	$127.53M	USD	Point-in-time
Goodwill	`Goodwill`	$125.31M	USD	Point-in-time
Other intangibles, net	`FiniteLivedIntangibleAssetsNet`	$57.23M	USD	Point-in-time
Other intangibles, net	`FiniteLivedIntangibleAssetsNet`	$67.03M	USD	Point-in-time
Total assets	`Assets`	$536.40M	USD	Point-in-time
Total assets	`Assets`	$467.41M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.63M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.90M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$35.27M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$51.75M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$64.72M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$51.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$107.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$146.10M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$197.38M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$196.88M	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$21.62M	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$9.05M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.18M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$318.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$367.48M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $.001 par value, authorized shares 1,100,000; shares issued and outstanding 936,913	`CommonStockValue`	$1.00K	USD	Point-in-time
Common stock, $.001 par value, authorized shares 1,100,000; shares issued and outstanding 936,913	`CommonStockValue`	$1.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$82.48M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$82.71M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$67.97M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$77.91M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.96M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.67M	USD	Point-in-time
Total Parent Company stockholders equity	`StockholdersEquity`	$158.95M	USD	Point-in-time
Total Parent Company stockholders equity	`StockholdersEquity`	$144.49M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$9.98M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.89M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$149.38M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$168.93M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$151.14M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$536.40M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$467.41M	USD	Point-in-time

Income Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$129.13M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$75.61M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$305.55M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$210.06M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$55.59M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$152.63M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$90.06M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$217.21M	USD	3 Qtrs
Gross profit	`GrossProfit`	$88.35M	USD	3 Qtrs
Gross profit	`GrossProfit`	$39.08M	USD	1 Quarter
Gross profit	`GrossProfit`	$57.43M	USD	3 Qtrs
Gross profit	`GrossProfit`	$20.02M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$16.22M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$39.54M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$34.09M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$12.27M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$7.98M	USD	3 Qtrs
Amortization expense	`AdjustmentForAmortization`	$2.67M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$2.67M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$8.18M	USD	3 Qtrs
Management fees	`SponsorFees`	$625.00K	USD	1 Quarter
Management fees	`SponsorFees`	$1.62M	USD	3 Qtrs
Management fees	`SponsorFees`	$500.00K	USD	1 Quarter
Management fees	`SponsorFees`	$1.88M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$49.14M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$44.15M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$19.39M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$15.57M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$13.29M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$4.45M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$39.21M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$19.68M	USD	1 Quarter
Interest expense	`InterestExpense`	$18.88M	USD	3 Qtrs
Interest expense	`InterestExpense`	$6.11M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.17M	USD	1 Quarter
Interest expense	`InterestExpense`	$18.18M	USD	3 Qtrs
Interest income	`InterestIncomeDepositsWithFinancialInstitutions`	$418.00K	USD	1 Quarter
Interest income	`InterestIncomeDepositsWithFinancialInstitutions`	$327.00K	USD	1 Quarter
Interest income	`InterestIncomeDepositsWithFinancialInstitutions`	$700.00K	USD	3 Qtrs
Interest income	`InterestIncomeDepositsWithFinancialInstitutions`	$1.58M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-18.18M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-5.76M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-16.59M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-5.78M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.90M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$22.62M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.93M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.33M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$4.69M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-128.00K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$7.84M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.23M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$9.24M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.69M	USD	Annual
Net income (loss)	`ProfitLoss`	$-1.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.67M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$14.78M	USD	3 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$97.00K	USD	3 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.42M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.83M	USD	3 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.04M	USD	1 Quarter
Net income (loss) attributable to Parent Company	`NetIncomeLoss`	$-163.00K	USD	1 Quarter
Net income (loss) attributable to Parent Company	`NetIncomeLoss`	$9.94M	USD	3 Qtrs
Net income (loss) attributable to Parent Company	`NetIncomeLoss`	$6.81M	USD	1 Quarter
Net income (loss) attributable to Parent Company	`NetIncomeLoss`	$-3.77M	USD	3 Qtrs

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.53M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$48.54M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.96M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.92M	USD	3 Qtrs
Proceeds on sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$428.00K	USD	3 Qtrs
Proceeds on sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00K	USD	3 Qtrs
Acquisition of other intangibles	`PaymentsToAcquireIntangibleAssets`	$1.47M	USD	3 Qtrs
Acquisition of other intangibles	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.42M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.49M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfOtherLongTermDebt`	-	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfOtherLongTermDebt`	$20.00K	USD	3 Qtrs
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	$696.00K	USD	3 Qtrs
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$696.00K	USD	3 Qtrs
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Payments of deferred financing fees	`PaymentsOfFinancingCosts`	$914.00K	USD	3 Qtrs
Payments of deferred financing fees	`PaymentsOfFinancingCosts`	-	USD	3 Qtrs
Stock subscription note repayment	`ProceedsFromRepaymentOfLoansToPurchaseCommonStock`	-	USD	3 Qtrs
Stock subscription note repayment	`ProceedsFromRepaymentOfLoansToPurchaseCommonStock`	$397.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-537.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$3.30M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.48M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$50.35M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.09M	USD	3 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$109.04M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$56.08M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$58.69M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$54.99M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$109.04M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$56.08M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$58.69M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$54.99M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$149.38M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$168.93M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$151.14M	USD	Point-in-time
Shares, outstanding	`CommonStockSharesOutstanding`	936,913.00	shares	Point-in-time
Shares, outstanding	`CommonStockSharesOutstanding`	936,913.00	shares	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$232.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$243.00K	USD	Annual
Stock subscription note repayment	`AdjustmentsToAdditionalPaidInCapitalOther`	$397.00K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$4.54M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-357.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$9.24M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.69M	USD	Annual
Net income (loss)	`ProfitLoss`	$-1.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.67M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$14.78M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$19.32M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.05M	USD	Annual
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$149.38M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$168.93M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$151.14M	USD	Point-in-time
Shares, outstanding	`CommonStockSharesOutstanding`	936,913.00	shares	Point-in-time
Shares, outstanding	`CommonStockSharesOutstanding`	936,913.00	shares	Point-in-time

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