10-Q Filing

Delek Logistics Partners, LP CIK: 1552797 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001552797-12-000007`
Period End Date	20120930
Filing Date	20121214
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	dk-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 52 Cash Flow Statement 69

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$213.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$22.58M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$37.18M	USD	Point-in-time
Accounts receivable from related party	`AccountsReceivableRelatedPartiesCurrent`	$5.62M	USD	Point-in-time
Accounts receivable from related party	`AccountsReceivableRelatedPartiesCurrent`	$5.99M	USD	Point-in-time
Prepaid Inventory	`PrepaidInventory`	$275.00K	USD	Point-in-time
Prepaid Inventory	`PrepaidInventory`	-	USD	Point-in-time
Inventory	`InventoryNet`	$32.33M	USD	Point-in-time
Inventory	`InventoryNet`	$18.86M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$733.00K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$1.32M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$622.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$629.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$48.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$77.94M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$173.03M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$144.98M	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$11.30M	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$17.16M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$133.68M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$155.87M	USD	Point-in-time
Goodwill	`Goodwill`	$7.50M	USD	Point-in-time
Goodwill	`Goodwill`	$7.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$10.03M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$9.23M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$172.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$123.00K	USD	Point-in-time
Total assets	`Assets`	$199.83M	USD	Point-in-time
Total assets	`Assets`	$250.66M	USD	Point-in-time
Total assets	`Assets`	$132.71M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.39M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$40.95M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	-	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$30.30M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$16.00K	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$17.00K	USD	Point-in-time
Fuel and other taxes payable	`TaxesPayableCurrent`	$4.05M	USD	Point-in-time
Fuel and other taxes payable	`TaxesPayableCurrent`	$4.23M	USD	Point-in-time
Accrued employee costs	`EmployeeRelatedLiabilitiesCurrent`	$366.00K	USD	Point-in-time
Accrued employee costs	`EmployeeRelatedLiabilitiesCurrent`	$226.00K	USD	Point-in-time
Current portion of environmental liabilities	`CurrentPortionOfEnvironmentalLiabilities`	$37.00K	USD	Point-in-time
Current portion of environmental liabilities	`CurrentPortionOfEnvironmentalLiabilities`	$34.00K	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$2.80M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$4.39M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$64.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$49.80M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	$53.20M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	-	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$1.34M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$1.42M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$19.95M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$19.50M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$6.04M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$7.26M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$28.10M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$80.62M	USD	Point-in-time
Division equity	`DivisionEquity`	$107.72M	USD	Point-in-time
Division equity	`DivisionEquity`	$120.24M	USD	Point-in-time
Total liabilities and division equity	`LiabilitiesAndStockholdersEquity`	$250.66M	USD	Point-in-time
Total liabilities and division equity	`LiabilitiesAndStockholdersEquity`	$199.83M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$773.37M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$271.81M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$199.82M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$557.08M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$255.28M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$729.75M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$526.23M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$187.21M	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$8.27M	USD	3 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$4.16M	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$6.58M	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$15.67M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.96M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.37M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.61M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.65M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.43M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.30M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.25M	USD	1 Quarter
Loss on sale of assets	`GainLossOnDispositionOfAssets`	-	USD	3 Qtrs
Loss on sale of assets	`GainLossOnDispositionOfAssets`	$-5.00K	USD	3 Qtrs
Loss on sale of assets	`GainLossOnDispositionOfAssets`	-	USD	1 Quarter
Loss on sale of assets	`GainLossOnDispositionOfAssets`	$-5.00K	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$194.07M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$265.73M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$541.77M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$758.44M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$15.31M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$14.93M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$6.07M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.75M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$1.47M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$480.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$1.78M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$667.00K	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.85M	USD	3 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.41M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.27M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.15M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.69M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.87M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$5.18M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$2.44M	USD	1 Quarter
Net income	`ProfitLoss`	$9.16M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.40M	USD	1 Quarter
Net income	`ProfitLoss`	$2.97M	USD	1 Quarter
Net income	`ProfitLoss`	$7.96M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$2.97M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$9.16M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$3.40M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$7.96M	USD	3 Qtrs

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$9.16M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.40M	USD	1 Quarter
Net income	`ProfitLoss`	$2.97M	USD	1 Quarter
Net income	`ProfitLoss`	$7.96M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.65M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.43M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.30M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.25M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$146.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$161.00K	USD	3 Qtrs
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$47.00K	USD	3 Qtrs
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$79.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.40M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-135.00K	USD	3 Qtrs
Loss on sale of assets	`GainLossOnDispositionOfAssets`	-	USD	3 Qtrs
Loss on sale of assets	`GainLossOnDispositionOfAssets`	$-5.00K	USD	3 Qtrs
Loss on sale of assets	`GainLossOnDispositionOfAssets`	-	USD	1 Quarter
Loss on sale of assets	`GainLossOnDispositionOfAssets`	$-5.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$55.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$92.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.22M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.61M	USD	3 Qtrs
Inventories and other current assets	`IncreaseDecreaseInInventoriesAndOtherOperatingAssets`	$13.74M	USD	3 Qtrs
Inventories and other current assets	`IncreaseDecreaseInInventoriesAndOtherOperatingAssets`	$1.68M	USD	3 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$16.09M	USD	3 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.02M	USD	3 Qtrs
Accounts receivable from related parties	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-369.00K	USD	3 Qtrs
Accounts receivable from related parties	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-11.27M	USD	3 Qtrs
Non-current assets and liabilities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-21.00K	USD	3 Qtrs
Non-current assets and liabilities, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$1.22M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$963.00K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.80M	USD	3 Qtrs
Business combinations- Nettleton and Big Sandy	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Business combinations- Nettleton and Big Sandy	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$23.27M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.79M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.59M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$139.00K	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$138.00K	USD	1 Quarter
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfProductiveAssets`	-	USD	3 Qtrs
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfProductiveAssets`	$2.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-139.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-28.06M	USD	3 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$226.20M	USD	3 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$137.60M	USD	3 Qtrs
Payments of revolving credit facility	`RepaymentsOfLinesOfCredit`	$139.40M	USD	3 Qtrs
Payments of revolving credit facility	`RepaymentsOfLinesOfCredit`	$203.30M	USD	3 Qtrs
Payments of revolving credit facility	`RepaymentsOfLinesOfCredit`	$63.00M	USD	Point-in-time
Income tax benefit of stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$17.00K	USD	3 Qtrs
Income tax benefit of stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$25.00K	USD	3 Qtrs
Capital contributions	`ProceedsFromContributionsFromParent`	$4.74M	USD	3 Qtrs
Capital contributions	`ProceedsFromContributionsFromParent`	$4.45M	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfFinancingCosts`	-	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfFinancingCosts`	$97.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.96M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$27.28M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$18.00K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$178.00K	USD	3 Qtrs
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$35.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$213.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$18.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$35.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$213.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$18.00K	USD	Point-in-time
Interest	`InterestPaidNet`	$1.63M	USD	3 Qtrs
Interest	`InterestPaidNet`	$1.30M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$1.32M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$2.29M	USD	3 Qtrs

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