10-Q Filing

COMPX INTERNATIONAL INC CIK: 1049606 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001564590-14-003239`
Period End Date	20140630
Filing Date	20140807
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	cix-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 50 Cash Flow Statement 49 Stockholders Equity 10

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.59M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$52.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$63.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.75M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$8.53M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$12.28M	USD	Point-in-time
Inventories, net	`InventoryNet`	$13.23M	USD	Point-in-time
Inventories, net	`InventoryNet`	$15.88M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$2.49M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$2.49M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$462.00K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$596.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$68.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$63.61M	USD	Point-in-time
Goodwill	`Goodwill`	$23.74M	USD	Point-in-time
Goodwill	`Goodwill`	$23.74M	USD	Point-in-time
Other noncurrent	`OtherAssetsNoncurrent`	$573.00K	USD	Point-in-time
Other noncurrent	`OtherAssetsNoncurrent`	$549.00K	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$24.32M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$24.29M	USD	Point-in-time
Land	`Land`	$4.93M	USD	Point-in-time
Land	`Land`	$4.93M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$20.71M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$20.52M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$61.09M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$57.80M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$2.59M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$598.00K	USD	Point-in-time
Property, Plant and Equipment, Gross, Total	`PropertyPlantAndEquipmentGross`	$87.33M	USD	Point-in-time
Property, Plant and Equipment, Gross, Total	`PropertyPlantAndEquipmentGross`	$85.84M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$53.80M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$52.09M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$33.75M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$33.53M	USD	Point-in-time
Total assets	`Assets`	$121.68M	USD	Point-in-time
Total assets	`Assets`	$126.52M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$9.71M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$10.91M	USD	Point-in-time
Income taxes payable to affiliates	`RelatedPartyTaxExpenseDueToAffiliatesCurrentOne`	$339.00K	USD	Point-in-time
Income taxes payable to affiliates	`RelatedPartyTaxExpenseDueToAffiliatesCurrentOne`	$702.00K	USD	Point-in-time
Other	`OtherLiabilitiesCurrent`	$6.00K	USD	Point-in-time
Other	`OtherLiabilitiesCurrent`	$8.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.62M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.05M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$6.90M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$6.64M	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$55.34M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$55.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$49.34M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$52.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$104.73M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$108.26M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$121.68M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$126.52M	USD	Point-in-time
Commitments and contingencies (Note 1)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 1)	`CommitmentsAndContingencies`	-	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$45.49M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$26.85M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$52.63M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$24.04M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$16.43M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$36.27M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$31.86M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$18.23M	USD	1 Quarter
Gross profit	`GrossProfit`	$8.61M	USD	1 Quarter
Gross profit	`GrossProfit`	$16.36M	USD	2 Qtrs
Gross profit	`GrossProfit`	$7.61M	USD	1 Quarter
Gross profit	`GrossProfit`	$13.63M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$9.25M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$4.67M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$4.70M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$9.16M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$4.38M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$2.94M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.91M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$7.20M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$27.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$12.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$11.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$7.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$58.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$117.00K	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.92M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.29M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.21M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.52M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.36M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.58M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.08M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$4.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.81M	USD	1 Quarter
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.15	USD	1 Quarter
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.21	USD	1 Quarter
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.22	USD	2 Qtrs
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.38	USD	2 Qtrs
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.17	USD	2 Qtrs
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	2 Qtrs
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.40M	shares	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.40M	shares	2 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.39M	shares	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.39M	shares	2 Qtrs

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$2.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$4.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.81M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.66M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.74M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$530.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-258.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-298.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-163.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$2.24M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$3.79M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$2.78M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$1.15M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.98M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.30M	USD	2 Qtrs
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$362.00K	USD	2 Qtrs
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$-12.04M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.00K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.00K	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-134.00K	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-895.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-11.45M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.70M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.62M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.51M	USD	2 Qtrs
Cash collected on note receivable	`ProceedsFromCollectionOfNotesReceivable`	$3.03M	USD	2 Qtrs
Proceeds from sale of assets held for sale	`ProceedsFromSaleOfPropertyHeldForSale`	$1.56M	USD	2 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.00K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.62M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$3.08M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$1.24M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$2.17M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$500.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-2.67M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.24M	USD	2 Qtrs
Operating, investing and financing activities	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-11.04M	USD	2 Qtrs
Operating, investing and financing activities	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.16M	USD	2 Qtrs
Balance at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$37.59M	USD	Point-in-time
Balance at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$52.74M	USD	Point-in-time
Balance at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$63.78M	USD	Point-in-time
Balance at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$38.75M	USD	Point-in-time
Balance at end of year	`CashAndCashEquivalentsAtCarryingValue`	$37.59M	USD	Point-in-time
Balance at end of year	`CashAndCashEquivalentsAtCarryingValue`	$52.74M	USD	Point-in-time
Balance at end of year	`CashAndCashEquivalentsAtCarryingValue`	$63.78M	USD	Point-in-time
Balance at end of year	`CashAndCashEquivalentsAtCarryingValue`	$38.75M	USD	Point-in-time
Interest	`InterestPaid`	$155.00K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$2.41M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$13.09M	USD	2 Qtrs

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$104.73M	USD	Point-in-time
Balance	`StockholdersEquity`	$108.26M	USD	Point-in-time
Net income	`NetIncomeLoss`	$2.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$4.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.81M	USD	1 Quarter
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalOther`	$77.00K	USD	2 Qtrs
Cash dividends	`DividendsCommonStockCash`	$1.24M	USD	2 Qtrs
Balance	`StockholdersEquity`	$104.73M	USD	Point-in-time
Balance	`StockholdersEquity`	$108.26M	USD	Point-in-time

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