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10-Q Filing

Delek Logistics Partners, LP CIK: 1552797 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001552797-18-000050
Period End Date 20180331
Filing Date 20180510
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance dkl-20180331.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 line items
Line Item Tag Value Unit Period
General partner - Delek, units issued GeneralPartnersCapitalAccountUnitsIssued 497,604.00 shares Point-in-time
General partner - Delek, units issued GeneralPartnersCapitalAccountUnitsIssued 497,604.00 shares Point-in-time
General partner - Delek, units outstanding GeneralPartnersCapitalAccountUnitsOutstanding 497,604.00 shares Point-in-time
General partner - Delek, units outstanding GeneralPartnersCapitalAccountUnitsOutstanding 497,604.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $4.79M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $4.67M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $59.00K USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $33.00K USD Point-in-time
Accounts receivable AccountsReceivableNetCurrent $23.01M USD Point-in-time
Accounts receivable AccountsReceivableNetCurrent $25.36M USD Point-in-time
Accounts receivable from related parties DueFromRelatedPartiesCurrent $17.00M USD Point-in-time
Accounts receivable from related parties DueFromRelatedPartiesCurrent $1.12M USD Point-in-time
Inventory InventoryNet $20.86M USD Point-in-time
Inventory InventoryNet $13.12M USD Point-in-time
Other current assets OtherAssetsCurrent $545.00K USD Point-in-time
Other current assets OtherAssetsCurrent $783.00K USD Point-in-time
Total current assets AssetsCurrent $50.45M USD Point-in-time
Total current assets AssetsCurrent $60.81M USD Point-in-time
Property, plant and equipment PropertyPlantAndEquipmentGross $367.18M USD Point-in-time
Property, plant and equipment PropertyPlantAndEquipmentGross $445.24M USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $120.92M USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $112.11M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $324.32M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $255.07M USD Point-in-time
Equity method investments EquityMethodInvestments $105.63M USD Point-in-time
Equity method investments EquityMethodInvestments $106.47M USD Point-in-time
Goodwill Goodwill $12.20M USD Point-in-time
Goodwill Goodwill $12.20M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $159.45M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $15.92M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $3.43M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $3.54M USD Point-in-time
Total assets Assets $665.95M USD Point-in-time
Total assets Assets $443.53M USD Point-in-time
Accounts payable AccountsPayableCurrent $19.15M USD Point-in-time
Accounts payable AccountsPayableCurrent $19.72M USD Point-in-time
Excise and other taxes payable TaxesPayableCurrent $5.37M USD Point-in-time
Excise and other taxes payable TaxesPayableCurrent $4.70M USD Point-in-time
Tank inspection liabilities Tankinspectionliabilitiescurrent $902.00K USD Point-in-time
Tank inspection liabilities Tankinspectionliabilitiescurrent $902.00K USD Point-in-time
Pipeline release liabilities Pipelinereleaseliabilitiescurrent $1.00M USD Point-in-time
Pipeline release liabilities Pipelinereleaseliabilitiescurrent $1.09M USD Point-in-time
Accrued expenses and other current liabilities OtherLiabilitiesCurrent $10.79M USD Point-in-time
Accrued expenses and other current liabilities OtherLiabilitiesCurrent $6.03M USD Point-in-time
Total current liabilities LiabilitiesCurrent $31.78M USD Point-in-time
Total current liabilities LiabilitiesCurrent $37.87M USD Point-in-time
Long-term debt LongTermLineOfCredit $737.69M USD Point-in-time
Long-term debt LongTermLineOfCredit $422.65M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $4.91M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $4.06M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $16.12M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $14.26M USD Point-in-time
Total non-current liabilities LiabilitiesNoncurrent $440.97M USD Point-in-time
Total non-current liabilities LiabilitiesNoncurrent $758.72M USD Point-in-time
Total deficit PartnersCapital $-130.65M USD Point-in-time
Total deficit PartnersCapital $-29.23M USD Point-in-time
Total liabilities and deficit LiabilitiesAndStockholdersEquity $443.53M USD Point-in-time
Total liabilities and deficit LiabilitiesAndStockholdersEquity $665.95M USD Point-in-time
Income Statement 40 line items
Line Item Tag Value Unit Period
Affiliate RevenueFromRelatedParties $61.64M USD 1 Quarter
Affiliate RevenueFromRelatedParties $36.62M USD 1 Quarter
Third party SalesRevenueGoodsNet $92.85M USD 1 Quarter
Third party SalesRevenueGoodsNet $106.28M USD 1 Quarter
Net revenues SalesRevenueNet $129.47M USD 1 Quarter
Net revenues SalesRevenueNet $167.92M USD 1 Quarter
Cost of goods sold CostOfGoodsSold $92.59M USD 1 Quarter
Cost of goods sold CostOfGoodsSold $119.03M USD 1 Quarter
Operating expenses OperatingCostsAndExpenses $10.36M USD 1 Quarter
Operating expenses OperatingCostsAndExpenses $12.58M USD 1 Quarter
General and administrative expenses SellingGeneralAndAdministrativeExpense $2.85M USD 1 Quarter
General and administrative expenses SellingGeneralAndAdministrativeExpense $2.98M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $6.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.19M USD 1 Quarter
Loss on asset disposals GainLossOnDispositionOfAssets $-12.00K USD 1 Quarter
Loss on asset disposals GainLossOnDispositionOfAssets $-60.00K USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $111.00M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $140.64M USD 1 Quarter
Operating income OperatingIncomeLoss $18.47M USD 1 Quarter
Operating income OperatingIncomeLoss $27.28M USD 1 Quarter
Interest expense, net InterestExpense $8.06M USD 1 Quarter
Interest expense, net InterestExpense $4.07M USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $858.00K USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $245.00K USD 1 Quarter
Total non-operating expenses Totalnonoperatingincomeexpenses $3.83M USD 1 Quarter
Total non-operating expenses Totalnonoperatingincomeexpenses $7.20M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $14.65M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $20.07M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $51.00K USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $78.00K USD 1 Quarter
Net income attributable to partners NetIncomeLossAttributableToPartners $14.60M USD 1 Quarter
Net income attributable to partners NetIncomeLossAttributableToPartners $20.00M USD 1 Quarter
Comprehensive income attributable to partners Comprehensiveincomeattributabletopartners $14.60M USD 1 Quarter
Comprehensive income attributable to partners Comprehensiveincomeattributabletopartners $20.00M USD 1 Quarter
Less: General partner's interest in net income, including incentive distribution rights NetIncomeLossAllocatedToGeneralPartners $4.11M USD 1 Quarter
Less: General partner's interest in net income, including incentive distribution rights NetIncomeLossAllocatedToGeneralPartners $5.63M USD 1 Quarter
Limited partners' interest in net income NetIncomeLossAllocatedToLimitedPartners $14.37M USD 1 Quarter
Limited partners' interest in net income NetIncomeLossAllocatedToLimitedPartners $10.49M USD 1 Quarter
Cash distributions per limited partner unit (in dollars per share) DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit $0.75 USD 1 Quarter
Cash distributions per limited partner unit (in dollars per share) DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit $0.69 USD 1 Quarter
Cash Flow Statement 84 line items
Line Item Tag Value Unit Period
General partner's ownership interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest 0.02 pure 1 Quarter
General partner's ownership interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest 0.02 pure 1 Quarter
Net income NetIncomeLoss $20.00M USD 1 Quarter
Net income NetIncomeLoss $14.60M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $5.19M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $6.00M USD 1 Quarter
Amortization of other deferred charges OtherAmortizationOfDeferredCharges - USD 1 Quarter
Amortization of other deferred charges OtherAmortizationOfDeferredCharges $601.00K USD 1 Quarter
Amortization of deferred revenue RecognitionOfDeferredRevenue $280.00K USD 1 Quarter
Amortization of deferred revenue RecognitionOfDeferredRevenue $350.00K USD 1 Quarter
Amortization of deferred financing costs and debt discount AmortizationOfFinancingCostsAndDiscounts $656.00K USD 1 Quarter
Amortization of deferred financing costs and debt discount AmortizationOfFinancingCostsAndDiscounts $365.00K USD 1 Quarter
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $78.00K USD 1 Quarter
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $73.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit - USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $25.00K USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $858.00K USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $245.00K USD 1 Quarter
Dividends from equity method investments EquityMethodInvestmentDividendsOrDistributions - USD 1 Quarter
Dividends from equity method investments EquityMethodInvestmentDividendsOrDistributions $1.03M USD 1 Quarter
Loss on asset disposals GainLossOnDispositionOfAssets $-12.00K USD 1 Quarter
Loss on asset disposals GainLossOnDispositionOfAssets $-60.00K USD 1 Quarter
Unit-based compensation expense ShareBasedCompensation $147.00K USD 1 Quarter
Unit-based compensation expense ShareBasedCompensation $174.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $4.61M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $2.35M USD 1 Quarter
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherOperatingAssets $-7.98M USD 1 Quarter
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherOperatingAssets $-2.81M USD 1 Quarter
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $2.30M USD 1 Quarter
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $7.09M USD 1 Quarter
Accounts receivable/payable to related parties IncreaseDecreaseInAccountsReceivableRelatedParties $-3.15M USD 1 Quarter
Accounts receivable/payable to related parties IncreaseDecreaseInAccountsReceivableRelatedParties $15.79M USD 1 Quarter
Non-current assets and liabilities, net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $632.00K USD 1 Quarter
Non-current assets and liabilities, net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $87.00K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $23.47M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $23.66M USD 1 Quarter
Purchase of Big Spring logistics assets, net of assumed ARO liabilities PaymentsToAcquireProductiveAssets $72.38M USD 1 Quarter
Purchase of Big Spring logistics assets, net of assumed ARO liabilities PaymentsToAcquireProductiveAssets - USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $3.25M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $3.76M USD 1 Quarter
Proceeds from sales of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $91.00K USD 1 Quarter
Proceeds from sales of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment - USD 1 Quarter
Purchases of intangible assets PaymentsToAcquireIntangibleAssets - USD 1 Quarter
Purchases of intangible assets PaymentsToAcquireIntangibleAssets $144.22M USD 1 Quarter
Distributions from equity method investments ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital - USD 1 Quarter
Distributions from equity method investments ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $660.00K USD 1 Quarter
Equity method investment contributions PaymentsToAcquireEquityMethodInvestments - USD 1 Quarter
Equity method investment contributions PaymentsToAcquireEquityMethodInvestments $1.65M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-219.10M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-5.41M USD 1 Quarter
Proceeds from issuance of additional units to maintain 2% General Partner interest ProceedsFromIssuanceOfCommonLimitedPartnersUnits - USD 1 Quarter
Proceeds from issuance of additional units to maintain 2% General Partner interest ProceedsFromIssuanceOfCommonLimitedPartnersUnits $13.00K USD 1 Quarter
Distributions to general partner DistributionstoGeneralPartner $5.10M USD 1 Quarter
Distributions to general partner DistributionstoGeneralPartner $3.99M USD 1 Quarter
Distributions to common unitholders - public DistributionstocommonunitholdersPublic $6.59M USD 1 Quarter
Distributions to common unitholders - public DistributionstocommonunitholdersPublic $6.29M USD 1 Quarter
Distributions to common unitholders - Delek DistributionstocommonunitholdersDelek $10.25M USD 1 Quarter
Distributions to common unitholders - Delek DistributionstocommonunitholdersDelek $11.09M USD 1 Quarter
General Partner Distributions, Other GeneralPartnerDistributionsOther - USD 1 Quarter
General Partner Distributions, Other GeneralPartnerDistributionsOther $98.80M USD 1 Quarter
Proceeds from revolving credit facility ProceedsFromLongTermLinesOfCredit $409.20M USD 1 Quarter
Proceeds from revolving credit facility ProceedsFromLongTermLinesOfCredit $69.10M USD 1 Quarter
Payments of revolving credit facility RepaymentsOfLongTermLinesOfCredit $69.70M USD 1 Quarter
Payments of revolving credit facility RepaymentsOfLongTermLinesOfCredit $94.40M USD 1 Quarter
Reimbursement of capital expenditures by Delek ReimbursementofcapitalexpendituresbySponsor $2.32M USD 1 Quarter
Reimbursement of capital expenditures by Delek ReimbursementofcapitalexpendituresbySponsor $3.05M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-18.09M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $195.55M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-26.00K USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $112.00K USD 1 Quarter
Cash and cash equivalents at the beginning of the period CashAndCashEquivalentsAtCarryingValue $4.79M USD Point-in-time
Cash and cash equivalents at the beginning of the period CashAndCashEquivalentsAtCarryingValue $4.67M USD Point-in-time
Cash and cash equivalents at the beginning of the period CashAndCashEquivalentsAtCarryingValue $59.00K USD Point-in-time
Cash and cash equivalents at the beginning of the period CashAndCashEquivalentsAtCarryingValue $33.00K USD Point-in-time
Cash and cash equivalents at the end of the period CashAndCashEquivalentsAtCarryingValue $4.79M USD Point-in-time
Cash and cash equivalents at the end of the period CashAndCashEquivalentsAtCarryingValue $4.67M USD Point-in-time
Cash and cash equivalents at the end of the period CashAndCashEquivalentsAtCarryingValue $59.00K USD Point-in-time
Cash and cash equivalents at the end of the period CashAndCashEquivalentsAtCarryingValue $33.00K USD Point-in-time
Interest InterestPaid $3.01M USD 1 Quarter
Interest InterestPaid $3.69M USD 1 Quarter
Non-Cash Investing Activities, Increase (Decrease) in Accrued Capital Expenditures NonCashInvestingActivitiesIncreaseDecreaseinAccruedCapitalExpenditures $-1.00M USD 1 Quarter
Non-Cash Investing Activities, Increase (Decrease) in Accrued Capital Expenditures NonCashInvestingActivitiesIncreaseDecreaseinAccruedCapitalExpenditures $-973.00K USD 1 Quarter
Sponsor contribution of fixed assets Noncashfixedassetscontributionstounitholders $67.00K USD 1 Quarter
Sponsor contribution of fixed assets Noncashfixedassetscontributionstounitholders - USD 1 Quarter

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

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