10-Q Filing

CPM HOLDINGS, INC. CIK: 1512574 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001512574-12-000002`
Period End Date	20111231
Filing Date	20120213
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	cpm-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 33 Cash Flow Statement 30 Stockholders Equity 20

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$79.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$81.29M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	936,913.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$85.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.69M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	936,913.00	shares	Point-in-time
Restricted customer deposits	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$29.73M	USD	Point-in-time
Restricted customer deposits	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$26.85M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	936,913.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$41.36M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$48.57M	USD	Point-in-time
Inventories	`InventoryNet`	$63.00M	USD	Point-in-time
Inventories	`InventoryNet`	$54.03M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms`	$24.59M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms`	$21.71M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.30M	USD	Point-in-time
Deferred taxes	`DeferredTaxAssetsNetCurrent`	$1.52M	USD	Point-in-time
Deferred taxes	`DeferredTaxAssetsNetCurrent`	$1.52M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$247.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$240.85M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$17.55M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$17.16M	USD	Point-in-time
Trademarks	`IndefiniteLivedTrademarks`	$54.18M	USD	Point-in-time
Trademarks	`IndefiniteLivedTrademarks`	$53.90M	USD	Point-in-time
Goodwill	`Goodwill`	$140.09M	USD	Point-in-time
Goodwill	`Goodwill`	$138.05M	USD	Point-in-time
Other intangibles, net	`FiniteLivedIntangibleAssetsNet`	$58.88M	USD	Point-in-time
Other intangibles, net	`FiniteLivedIntangibleAssetsNet`	$55.10M	USD	Point-in-time
Total assets	`Assets`	$511.54M	USD	Point-in-time
Total assets	`Assets`	$512.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.87M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$36.35M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$45.37M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$44.40M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$72.02M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$59.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$136.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$153.74M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$172.80M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$159.68M	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$27.23M	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$27.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.53M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$338.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$343.36M	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`	$83.11M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$83.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$87.56M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$84.46M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.42M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	Point-in-time
Total Parent Company stockholders equity	`StockholdersEquity`	$160.56M	USD	Point-in-time
Total Parent Company stockholders equity	`StockholdersEquity`	$160.33M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$8.43M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$12.26M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$168.76M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.81M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$149.38M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$511.54M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$512.13M	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$100.45M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$90.47M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$67.76M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$68.97M	USD	1 Quarter
Gross profit	`GrossProfit`	$31.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$22.71M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$14.33M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$10.96M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$2.81M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$2.67M	USD	1 Quarter
Management fees	`SponsorFees`	$1.24M	USD	1 Quarter
Management fees	`SponsorFees`	$625.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$18.37M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$14.26M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$13.11M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$8.46M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.90M	USD	1 Quarter
Interest income	`InterestIncomeDepositsWithFinancialInstitutions`	$555.00K	USD	1 Quarter
Interest income	`InterestIncomeDepositsWithFinancialInstitutions`	$835.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-5.76M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-5.34M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.34M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.11M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.15M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.16M	USD	1 Quarter
Net income	`ProfitLoss`	$4.18M	USD	1 Quarter
Net income	`ProfitLoss`	$23.48M	USD	Annual
Net income	`ProfitLoss`	$1.96M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.19M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.08M	USD	1 Quarter
Net income attributable to Parent Company	`NetIncomeLoss`	$774.00K	USD	1 Quarter
Net income attributable to Parent Company	`NetIncomeLoss`	$3.10M	USD	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$20.12M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$24.26M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$578.00K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$180.00K	USD	1 Quarter
Proceeds on sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$20.00K	USD	1 Quarter
Proceeds on sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$26.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-552.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-160.00K	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$14.26M	USD	1 Quarter
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	$32.05M	USD	1 Quarter
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	-	USD	1 Quarter
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$32.05M	USD	1 Quarter
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Payments of dividends	`PaymentsOfDividends`	-	USD	1 Quarter
Payments of dividends	`PaymentsOfDividends`	$5.01M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-19.28M	USD	1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$383.00K	USD	1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-423.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.01M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.34M	USD	1 Quarter
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$79.04M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$81.29M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$85.30M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$58.69M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$79.04M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$81.29M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$85.30M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$58.69M	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$168.76M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.81M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$149.38M	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`	$627.00K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$92.00K	USD	1 Quarter
Dividends	`DividendsCommonStockCash`	$-5.01M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-668.00K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-3.31M	USD	1 Quarter
Net income	`ProfitLoss`	$4.18M	USD	1 Quarter
Net income	`ProfitLoss`	$23.48M	USD	Annual
Net income	`ProfitLoss`	$1.96M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$873.00K	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$22.81M	USD	Annual
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$168.76M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.81M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$149.38M	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.