10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-18-003697 |
| Period End Date | 20180331 |
| Filing Date | 20180502 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | matx-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$19.80M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$13.70M | USD | Point-in-time |
| Accounts receivable, net |
ReceivablesNetCurrent
|
$209.10M | USD | Point-in-time |
| Accounts receivable, net |
ReceivablesNetCurrent
|
$194.60M | USD | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$51.60M | USD | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$46.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$268.80M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$266.00M | USD | Point-in-time |
| Investment in Terminal Joint Venture |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$96.70M | USD | Point-in-time |
| Investment in Terminal Joint Venture |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$93.20M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.17B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.22B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$323.70M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$323.70M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$225.20M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$222.40M | USD | Point-in-time |
| Deferred dry-docking costs, net |
DeferredCosts
|
$80.50M | USD | Point-in-time |
| Deferred dry-docking costs, net |
DeferredCosts
|
$89.20M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$84.50M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$80.80M | USD | Point-in-time |
| Total long-term assets |
AssetsNoncurrent
|
$2.02B | USD | Point-in-time |
| Total long-term assets |
AssetsNoncurrent
|
$1.98B | USD | Point-in-time |
| Total Assets |
Assets
|
$2.25B | USD | Point-in-time |
| Total Assets |
Assets
|
$2.29B | USD | Point-in-time |
| Current portion of debt |
DebtCurrent
|
$30.80M | USD | Point-in-time |
| Current portion of debt |
DebtCurrent
|
$36.50M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$175.10M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$159.30M | USD | Point-in-time |
| Accruals and other liabilities |
AccruedLiabilitiesAndOtherLiabilities
|
$79.80M | USD | Point-in-time |
| Accruals and other liabilities |
AccruedLiabilitiesAndOtherLiabilities
|
$80.40M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$275.60M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$286.30M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$826.30M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$867.10M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$285.20M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$291.60M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$171.20M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$171.50M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$1.33B | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$1.28B | USD | Point-in-time |
| Commitments and Contingencies (Note 2) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies (Note 2) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$31.90M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$32.00M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapitalCommonStock
|
$289.70M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapitalCommonStock
|
$288.10M | USD | Point-in-time |
| Accumulated other comprehensive loss, net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-24.90M | USD | Point-in-time |
| Accumulated other comprehensive loss, net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-30.70M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$381.50M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$393.00M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$682.40M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$678.20M | USD | Point-in-time |
| Total liabilities and Shareholders' Equity |
LiabilitiesAndStockholdersEquity
|
$2.25B | USD | Point-in-time |
| Total liabilities and Shareholders' Equity |
LiabilitiesAndStockholdersEquity
|
$2.29B | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Ocean Transportation |
OceanTransportation
|
$379.30M | USD | 1 Quarter |
| Ocean Transportation |
OceanTransportation
|
$370.00M | USD | 1 Quarter |
| Logistics |
LogisticsServices
|
$104.40M | USD | 1 Quarter |
| Logistics |
LogisticsServices
|
$132.10M | USD | 1 Quarter |
| Total Operating Revenue |
SalesRevenueNet
|
$474.40M | USD | 1 Quarter |
| Total Operating Revenue |
SalesRevenueNet
|
$511.40M | USD | 1 Quarter |
| Operating costs |
OperatingCostsAndExpenses
|
$411.80M | USD | 1 Quarter |
| Operating costs |
OperatingCostsAndExpenses
|
$439.30M | USD | 1 Quarter |
| Equity in income of Terminal Joint Venture |
IncomeLossFromEquityMethodInvestments
|
$4.90M | USD | 1 Quarter |
| Equity in income of Terminal Joint Venture |
IncomeLossFromEquityMethodInvestments
|
$10.50M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$53.90M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$50.30M | USD | 1 Quarter |
| Total Costs and Expenses |
CostsAndExpenses
|
$457.20M | USD | 1 Quarter |
| Total Costs and Expenses |
CostsAndExpenses
|
$482.70M | USD | 1 Quarter |
| Operating Income |
OperatingIncomeLoss
|
$17.20M | USD | 1 Quarter |
| Operating Income |
OperatingIncomeLoss
|
$28.70M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.30M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$5.00M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$800.00K | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-800.00K | USD | 1 Quarter |
| Income before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$24.50M | USD | 1 Quarter |
| Income before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$10.10M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$3.10M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$10.30M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$7.00M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$14.20M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$7.00M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$14.20M | USD | 1 Quarter |
| Amortization of prior service cost included in net periodic pension cost |
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
|
$-400.00K | USD | 1 Quarter |
| Amortization of prior service cost included in net periodic pension cost |
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
|
$-1.30M | USD | 1 Quarter |
| Amortization of net loss included in net periodic pension cost |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
$-1.30M | USD | 1 Quarter |
| Amortization of net loss included in net periodic pension cost |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
$-900.00K | USD | 1 Quarter |
| Other adjustments |
OtherComprehensiveIncomeOtherNetOfTax
|
$200.00K | USD | 1 Quarter |
| Other adjustments |
OtherComprehensiveIncomeOtherNetOfTax
|
$200.00K | USD | 1 Quarter |
| Total Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$700.00K | USD | 1 Quarter |
| Total Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$200.00K | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$7.70M | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$14.40M | USD | 1 Quarter |
| Basic Earnings Per-Share: (in dollars per share) |
EarningsPerShareBasic
|
$0.33 | USD | 1 Quarter |
| Basic Earnings Per-Share: (in dollars per share) |
EarningsPerShareBasic
|
$0.16 | USD | 1 Quarter |
| Diluted Earnings Per-Share: (in dollars per share) |
EarningsPerShareDiluted
|
$0.16 | USD | 1 Quarter |
| Diluted Earnings Per-Share: (in dollars per share) |
EarningsPerShareDiluted
|
$0.33 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
43.00M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
42.60M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
42.90M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
43.40M | shares | 1 Quarter |
| Cash Dividends Per-Share |
CommonStockDividendsPerShareCashPaid
|
$0.20 | USD | 1 Quarter |
| Cash Dividends Per-Share |
CommonStockDividendsPerShareCashPaid
|
$0.19 | USD | 1 Quarter |
Cash Flow Statement
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
IncomeLossFromContinuingOperations
|
$7.00M | USD | 1 Quarter |
| Net income |
IncomeLossFromContinuingOperations
|
$14.20M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$24.60M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$23.60M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$6.40M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$2.90M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$2.60M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$2.70M | USD | 1 Quarter |
| Equity in income of Terminal Joint Venture |
IncomeLossFromEquityMethodInvestments
|
$4.90M | USD | 1 Quarter |
| Equity in income of Terminal Joint Venture |
IncomeLossFromEquityMethodInvestments
|
$10.50M | USD | 1 Quarter |
| Distribution from Terminal Joint Venture |
ProceedsFromContributionsFromAffiliates
|
$7.00M | USD | 1 Quarter |
| Other |
OtherOperatingActivitiesCashFlowStatement
|
$-2.60M | USD | 1 Quarter |
| Other |
OtherOperatingActivitiesCashFlowStatement
|
$-600.00K | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsAndNotesReceivable
|
$14.50M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsAndNotesReceivable
|
$8.40M | USD | 1 Quarter |
| Deferred dry-docking payments |
IncreaseDecreaseInDeferredDryDockingPayments
|
$4.60M | USD | 1 Quarter |
| Deferred dry-docking payments |
IncreaseDecreaseInDeferredDryDockingPayments
|
$15.10M | USD | 1 Quarter |
| Deferred dry-docking amortization |
IncreaseDecreaseInDeferredDryDockingAmortization
|
$-11.50M | USD | 1 Quarter |
| Deferred dry-docking amortization |
IncreaseDecreaseInDeferredDryDockingAmortization
|
$-9.20M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-8.20M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.10M | USD | 1 Quarter |
| Accounts payable, accruals and other liabilities |
IncreaseDecreaseInAccountsPayable
|
$-13.30M | USD | 1 Quarter |
| Accounts payable, accruals and other liabilities |
IncreaseDecreaseInAccountsPayable
|
$-11.00M | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-200.00K | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$800.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$4.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$29.90M | USD | 1 Quarter |
| Capitalized vessel construction expenditures |
PaymentsForConstructionInProcess
|
$57.70M | USD | 1 Quarter |
| Capitalized vessel construction expenditures |
PaymentsForConstructionInProcess
|
$1.30M | USD | 1 Quarter |
| Other capital expenditures |
PaymentsToAcquireOtherProductiveAssets
|
$22.90M | USD | 1 Quarter |
| Other capital expenditures |
PaymentsToAcquireOtherProductiveAssets
|
$13.10M | USD | 1 Quarter |
| Proceeds from disposal of property and equipment |
ProceedsFromSaleOfProductiveAssets
|
$1.00M | USD | 1 Quarter |
| Cash deposits into Capital Construction Fund |
IncreaseInRestrictedCash
|
$53.50M | USD | 1 Quarter |
| Withdrawals from Capital Construction Fund |
DecreaseInRestrictedCash
|
$53.50M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-69.80M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-24.20M | USD | 1 Quarter |
| Repayments of debt and capital leases |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$2.60M | USD | 1 Quarter |
| Repayments of debt and capital leases |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$2.50M | USD | 1 Quarter |
| Proceeds from revolving credit facility |
ProceedsFromLinesOfCredit
|
$100.00M | USD | 1 Quarter |
| Proceeds from revolving credit facility |
ProceedsFromLinesOfCredit
|
$117.40M | USD | 1 Quarter |
| Repayments of revolving credit facility |
RepaymentsOfLinesOfCredit
|
$56.00M | USD | 1 Quarter |
| Repayments of revolving credit facility |
RepaymentsOfLinesOfCredit
|
$68.40M | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$200.00K | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$400.00K | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$8.70M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$8.30M | USD | 1 Quarter |
| Repurchase of Matson common stock |
PaymentsForRepurchaseOfCommonStock
|
$700.00K | USD | 1 Quarter |
| Tax withholding related to net share settlements of restricted stock units |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$4.20M | USD | 1 Quarter |
| Tax withholding related to net share settlements of restricted stock units |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$7.10M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$100.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$33.80M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$25.80M | USD | 1 Quarter |
| Net (Decrease) Increase in Cash and Cash Equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-6.10M | USD | 1 Quarter |
| Net (Decrease) Increase in Cash and Cash Equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$5.60M | USD | 1 Quarter |
| Cash and Cash Equivalents, Beginning of the Period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$13.70M | USD | Point-in-time |
| Cash and Cash Equivalents, Beginning of the Period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$19.80M | USD | Point-in-time |
| Cash and Cash Equivalents, Beginning of the Period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$13.90M | USD | Point-in-time |
| Cash and Cash Equivalents, Beginning of the Period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$19.50M | USD | Point-in-time |
| Cash and Cash Equivalents, End of the Period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$13.70M | USD | Point-in-time |
| Cash and Cash Equivalents, End of the Period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$19.80M | USD | Point-in-time |
| Cash and Cash Equivalents, End of the Period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$13.90M | USD | Point-in-time |
| Cash and Cash Equivalents, End of the Period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$19.50M | USD | Point-in-time |
| Interest paid, net of capitalized interest |
InterestPaidNet
|
$6.50M | USD | 1 Quarter |
| Interest paid, net of capitalized interest |
InterestPaidNet
|
$5.30M | USD | 1 Quarter |
| Income tax paid, net of income tax refunds |
IncomeTaxesPaidNet
|
$200.00K | USD | 1 Quarter |
| Income tax paid, net of income tax refunds |
IncomeTaxesPaidNet
|
$400.00K | USD | 1 Quarter |
| Capital expenditures included in accounts payable, accruals and other liabilities |
CapitalExpendituresAndDryDockingIncurredButNotYetPaid
|
$700.00K | USD | 1 Quarter |
| Capital expenditures included in accounts payable, accruals and other liabilities |
CapitalExpendituresAndDryDockingIncurredButNotYetPaid
|
$2.40M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.