10-K Filing

COMPX INTERNATIONAL INC CIK: 1049606 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001558370-22-002671`
Period End Date	20211231
Filing Date	20220302
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	tmb-20211231x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 39 Cash Flow Statement 65 Stockholders Equity 21

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.58M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$10.73M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$15.55M	USD	Point-in-time
Inventories, net	`InventoryNet`	$25.64M	USD	Point-in-time
Inventories, net	`InventoryNet`	$18.34M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	12.44M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	12.38M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	12.44M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$2.46M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$1.54M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	12.45M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12.38M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12.44M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$101.25M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12.44M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$120.23M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12.45M	shares	Point-in-time
Note receivable from affiliate	`DueFromAffiliateNoncurrent`	$29.50M	USD	Point-in-time
Note receivable from affiliate	`DueFromAffiliateNoncurrent`	$18.70M	USD	Point-in-time
Goodwill	`Goodwill`	$23.74M	USD	Point-in-time
Goodwill	`Goodwill`	$23.74M	USD	Point-in-time
Other noncurrent	`OtherAssetsNoncurrent`	$597.00K	USD	Point-in-time
Other noncurrent	`OtherAssetsNoncurrent`	$607.00K	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$43.04M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$53.85M	USD	Point-in-time
Land	`Land`	$4.94M	USD	Point-in-time
Land	`Land`	$5.07M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$23.15M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$23.16M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$70.66M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$68.23M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$1.01M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$2.03M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$100.92M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$97.32M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$71.74M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$68.37M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$28.95M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$29.18M	USD	Point-in-time
Total assets	`Assets`	$184.04M	USD	Point-in-time
Total assets	`Assets`	$192.45M	USD	Point-in-time
Total assets	`Assets`	$178.54M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$12.20M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$14.72M	USD	Point-in-time
Income taxes payable to affiliate	`DueToAffiliateCurrent`	$952.00K	USD	Point-in-time
Income taxes payable to affiliate	`DueToAffiliateCurrent`	$1.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.15M	USD	Point-in-time
Noncurrent liabilities - deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.92M	USD	Point-in-time
Noncurrent liabilities - deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$3.24M	USD	Point-in-time
Common stock	`CommonStockValue`	$124.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$124.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$54.78M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$55.99M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$111.55M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$118.18M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$162.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$149.56M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$167.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$173.09M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$184.04M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$192.45M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$114.54M	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$124.24M	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$140.81M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$98.07M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$81.69M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$85.28M	USD	Annual
Gross margin	`GrossProfit`	$42.75M	USD	Annual
Gross margin	`GrossProfit`	$32.85M	USD	Annual
Gross margin	`GrossProfit`	$38.96M	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$21.03M	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$22.22M	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$21.30M	USD	Annual
Operating income	`OperatingIncomeLoss`	$20.53M	USD	Annual
Operating income	`OperatingIncomeLoss`	$17.67M	USD	Annual
Operating income	`OperatingIncomeLoss`	$11.82M	USD	Annual
Interest income	`InterestIncomeFromRelatedPartyAndDividendIncome`	$3.27M	USD	Annual
Interest income	`InterestIncomeFromRelatedPartyAndDividendIncome`	$1.20M	USD	Annual
Interest income	`InterestIncomeFromRelatedPartyAndDividendIncome`	$1.68M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.50M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.94M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$21.72M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.16M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.17M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.94M	USD	Annual
Net income	`NetIncomeLoss`	$16.57M	USD	Annual
Net income	`NetIncomeLoss`	$10.32M	USD	Annual
Net income	`NetIncomeLoss`	$16.00M	USD	Annual
Net income per basic share	`EarningsPerShareBasic`	$1.34	USD	Annual
Net income per basic share	`EarningsPerShareBasic`	$1.29	USD	Annual
Net income per basic share	`EarningsPerShareBasic`	$0.83	USD	Annual
Net income per diluted share	`EarningsPerShareDiluted`	$1.29	USD	Annual
Net income per diluted share	`EarningsPerShareDiluted`	$0.83	USD	Annual
Net income per diluted share	`EarningsPerShareDiluted`	$1.34	USD	Annual
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.44M	shares	Annual
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.41M	shares	Annual
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.45M	shares	Annual
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.45M	shares	Annual
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.44M	shares	Annual
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.41M	shares	Annual

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$16.57M	USD	Annual
Net income	`ProfitLoss`	$16.00M	USD	Annual
Net income	`ProfitLoss`	$10.32M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.84M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.68M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.83M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$89.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-48.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-321.00K	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-269.00K	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-346.00K	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-458.00K	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-250.00K	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$4.81M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.12M	USD	Annual
Inventories, net	`IncreaseDecreaseInInventories`	$7.48M	USD	Annual
Inventories, net	`IncreaseDecreaseInInventories`	$193.00K	USD	Annual
Inventories, net	`IncreaseDecreaseInInventories`	$1.44M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$95.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-399.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.55M	USD	Annual
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$-203.00K	USD	Annual
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$854.00K	USD	Annual
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$449.00K	USD	Annual
Prepaids and other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$997.00K	USD	Annual
Prepaids and other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-27.00K	USD	Annual
Prepaids and other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$415.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.47M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.50M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.46M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.09M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.17M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.74M	USD	Annual
Proceeds from sale of fixed assets, net	`ProceedsFromSaleOfProductiveAssets`	$2.00K	USD	Annual
Proceeds from sale of fixed assets, net	`ProceedsFromSaleOfProductiveAssets`	$125.00K	USD	Annual
Collections	`RepaymentOfNotesReceivableFromRelatedParties`	$40.80M	USD	Annual
Collections	`RepaymentOfNotesReceivableFromRelatedParties`	$33.43M	USD	Annual
Collections	`RepaymentOfNotesReceivableFromRelatedParties`	$40.60M	USD	Annual
Advances	`PaymentsForAdvanceToAffiliate`	$34.90M	USD	Annual
Advances	`PaymentsForAdvanceToAffiliate`	$29.80M	USD	Annual
Advances	`PaymentsForAdvanceToAffiliate`	$34.83M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.86M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.14M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$6.71M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.48M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$4.98M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$9.93M	USD	Annual
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$1.31M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.48M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.98M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.24M	USD	Annual
Net change for the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.84M	USD	Annual
Net change for the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.38M	USD	Annual
Net change for the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.94M	USD	Annual
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$70.64M	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$45.41M	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$76.58M	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$63.26M	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$70.64M	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$45.41M	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$76.58M	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$63.26M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$4.70M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$3.26M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$5.03M	USD	Annual

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.40	USD	Annual
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.28	USD	Annual
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.80	USD	Annual
Balance	`StockholdersEquity`	$162.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$149.56M	USD	Point-in-time
Balance	`StockholdersEquity`	$167.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$173.09M	USD	Point-in-time
Net income	`NetIncomeLoss`	$16.57M	USD	Annual
Net income	`NetIncomeLoss`	$10.32M	USD	Annual
Net income	`NetIncomeLoss`	$16.00M	USD	Annual
Cash dividends	`DividendsCommonStockCash`	$9.93M	USD	Annual
Cash dividends	`DividendsCommonStockCash`	$3.48M	USD	Annual
Cash dividends	`DividendsCommonStockCash`	$4.98M	USD	Annual
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssued`	$118.00K	USD	Annual
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssued`	$118.00K	USD	Annual
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssued`	$104.00K	USD	Annual
Acquired	`TreasuryStockValueAcquiredParValueMethod`	$1.31M	USD	Annual
Balance	`StockholdersEquity`	$162.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$149.56M	USD	Point-in-time
Balance	`StockholdersEquity`	$167.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$173.09M	USD	Point-in-time

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