10-Q Filing

COMPX INTERNATIONAL INC CIK: 1049606 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-025848`
Period End Date	20180930
Filing Date	20181031
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	cix-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 48 Cash Flow Statement 42 Stockholders Equity 10

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.66M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$10.45M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$13.35M	USD	Point-in-time
Inventories, net	`InventoryNet`	$17.16M	USD	Point-in-time
Inventories, net	`InventoryNet`	$15.38M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$879.00K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$908.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$75.16M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$56.36M	USD	Point-in-time
Note receivable from affiliate	`DueFromAffiliateNoncurrent`	$33.00M	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`	$57.33M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$62.53M	USD	Point-in-time
Land	`Land`	$4.93M	USD	Point-in-time
Land	`Land`	$4.94M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$22.70M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$22.77M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$67.37M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$65.68M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$994.00K	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$569.00K	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$95.65M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$94.32M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$62.77M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$63.59M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$32.06M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$31.54M	USD	Point-in-time
Total assets	`Assets`	$164.03M	USD	Point-in-time
Total assets	`Assets`	$150.96M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$12.04M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$10.79M	USD	Point-in-time
Income taxes payable to affiliates	`DueToAffiliateCurrent`	$470.00K	USD	Point-in-time
Income taxes payable to affiliates	`DueToAffiliateCurrent`	$1.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.22M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$3.29M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$3.11M	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`	$80.85M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$91.64M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$147.51M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$136.59M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$164.03M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$150.96M	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`	$86.94M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$30.03M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$90.83M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$26.99M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$18.79M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$60.49M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$59.55M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$20.43M	USD	1 Quarter
Gross profit	`GrossProfit`	$9.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$8.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$27.39M	USD	3 Qtrs
Gross profit	`GrossProfit`	$30.33M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$4.83M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$15.45M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$5.07M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$14.90M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$3.37M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$12.49M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$14.88M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$4.52M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$697.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.91M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.36M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$546.00K	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.91M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.79M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.86M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.22M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.13M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.91M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.29M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.42M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.95M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.65M	USD	3 Qtrs
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.20	USD	1 Quarter
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$1.02	USD	3 Qtrs
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.32	USD	1 Quarter
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.72	USD	3 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`	$0.15	USD	3 Qtrs
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.15	USD	3 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.43M	shares	3 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.42M	shares	3 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.44M	shares	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.43M	shares	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$8.95M	USD	3 Qtrs
Net income	`ProfitLoss`	$12.65M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.59M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.75M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$181.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$62.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-252.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-316.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$2.91M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.39M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$475.00K	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$1.94M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.21M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-599.00K	USD	3 Qtrs
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$-584.00K	USD	3 Qtrs
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$718.00K	USD	3 Qtrs
Prepaids and other, net	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$29.00K	USD	3 Qtrs
Prepaids and other, net	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$40.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.79M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.93M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.04M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.13M	USD	3 Qtrs
Collections	`RepaymentOfNotesReceivableFromRelatedParties`	$40.40M	USD	3 Qtrs
Collections	`RepaymentOfNotesReceivableFromRelatedParties`	$44.20M	USD	3 Qtrs
Advances	`PaymentsForAdvanceToAffiliate`	$49.70M	USD	3 Qtrs
Advances	`PaymentsForAdvanceToAffiliate`	$39.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.16M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.43M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$1.86M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$1.86M	USD	3 Qtrs
Operating, investing and financing activities	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.36M	USD	3 Qtrs
Operating, investing and financing activities	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$14.09M	USD	3 Qtrs
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$28.79M	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$33.15M	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.74M	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.66M	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$28.79M	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$33.15M	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.74M	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.66M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$5.43M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$3.23M	USD	3 Qtrs

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$147.51M	USD	Point-in-time
Balance	`StockholdersEquity`	$136.59M	USD	Point-in-time
Net income	`NetIncomeLoss`	$8.95M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.65M	USD	3 Qtrs
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssued`	$139.00K	USD	3 Qtrs
Cash dividends	`DividendsCommonStockCash`	$1.86M	USD	3 Qtrs
Balance	`StockholdersEquity`	$147.51M	USD	Point-in-time
Balance	`StockholdersEquity`	$136.59M	USD	Point-in-time

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