10-Q Filing

COMPX INTERNATIONAL INC CIK: 1049606 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-019438`
Period End Date	20180630
Filing Date	20180806
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	cix-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 48 Cash Flow Statement 42 Stockholders Equity 10

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.54M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$13.76M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$10.45M	USD	Point-in-time
Inventories, net	`InventoryNet`	$15.38M	USD	Point-in-time
Inventories, net	`InventoryNet`	$16.58M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$795.00K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$879.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$64.87M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$56.36M	USD	Point-in-time
Note receivable from affiliate	`DueFromAffiliateNoncurrent`	$37.60M	USD	Point-in-time
Note receivable from affiliate	`DueFromAffiliateNoncurrent`	$38.20M	USD	Point-in-time
Goodwill	`Goodwill`	$23.74M	USD	Point-in-time
Goodwill	`Goodwill`	$23.74M	USD	Point-in-time
Other noncurrent	`OtherAssetsNoncurrent`	$590.00K	USD	Point-in-time
Other noncurrent	`OtherAssetsNoncurrent`	$590.00K	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$61.93M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$62.53M	USD	Point-in-time
Land	`Land`	$4.93M	USD	Point-in-time
Land	`Land`	$4.93M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$22.90M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$22.77M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$67.37M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$68.00M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$569.00K	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$1.01M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$95.65M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$96.85M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$63.59M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$65.12M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$32.06M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$31.73M	USD	Point-in-time
Total assets	`Assets`	$150.96M	USD	Point-in-time
Total assets	`Assets`	$158.53M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$9.93M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$10.79M	USD	Point-in-time
Income taxes payable to affiliates	`DueToAffiliateCurrent`	$1.14M	USD	Point-in-time
Income taxes payable to affiliates	`DueToAffiliateCurrent`	$470.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.07M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.26M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$3.11M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$3.25M	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$55.61M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$55.75M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$88.33M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$80.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$136.59M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$144.20M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$150.96M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$158.53M	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 48 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$30.00M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$59.95M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$60.80M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$32.38M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$21.15M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$40.76M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$40.06M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$20.49M	USD	1 Quarter
Gross profit	`GrossProfit`	$11.23M	USD	1 Quarter
Gross profit	`GrossProfit`	$19.19M	USD	2 Qtrs
Gross profit	`GrossProfit`	$20.74M	USD	2 Qtrs
Gross profit	`GrossProfit`	$9.51M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$10.07M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$4.91M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$10.38M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$5.25M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$9.13M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$4.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$10.36M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$5.98M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$817.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$482.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$640.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.21M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.94M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.62M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$11.57M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.08M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.63M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.85M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.49M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.72M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$5.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.45M	USD	2 Qtrs
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.52	USD	2 Qtrs
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.27	USD	1 Quarter
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.40	USD	1 Quarter
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.70	USD	2 Qtrs
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	2 Qtrs
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	2 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.43M	shares	2 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.42M	shares	2 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.43M	shares	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.42M	shares	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$8.72M	USD	2 Qtrs
Net income	`ProfitLoss`	$6.45M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.73M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.83M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$142.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$71.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-259.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-189.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$3.32M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.82M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$417.00K	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$1.30M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.68M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-898.00K	USD	2 Qtrs
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$-327.00K	USD	2 Qtrs
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$667.00K	USD	2 Qtrs
Prepaids and other, net	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-32.00K	USD	2 Qtrs
Prepaids and other, net	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-84.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.09M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.33M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.60M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.37M	USD	2 Qtrs
Collections	`RepaymentOfNotesReceivableFromRelatedParties`	$25.90M	USD	2 Qtrs
Collections	`RepaymentOfNotesReceivableFromRelatedParties`	$27.20M	USD	2 Qtrs
Advances	`PaymentsForAdvanceToAffiliate`	$25.30M	USD	2 Qtrs
Advances	`PaymentsForAdvanceToAffiliate`	$39.30M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-766.00K	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$1.24M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$1.24M	USD	2 Qtrs
Operating, investing and financing activities	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.08M	USD	2 Qtrs
Operating, investing and financing activities	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.61M	USD	2 Qtrs
Balance at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.73M	USD	Point-in-time
Balance at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.15M	USD	Point-in-time
Balance at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.66M	USD	Point-in-time
Balance at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.54M	USD	Point-in-time
Balance at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.73M	USD	Point-in-time
Balance at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.15M	USD	Point-in-time
Balance at end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.66M	USD	Point-in-time
Balance at end of period	`CashAndCashEquivalentsAtCarryingValue`	$22.54M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$3.75M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$2.04M	USD	2 Qtrs

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$136.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$144.20M	USD	Point-in-time
Net income	`NetIncomeLoss`	$3.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.72M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$5.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.45M	USD	2 Qtrs
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssued`	$139.00K	USD	2 Qtrs
Cash dividends	`DividendsCommonStockCash`	$1.24M	USD	2 Qtrs
Balance	`StockholdersEquity`	$136.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$144.20M	USD	Point-in-time

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