10-Q Filing

COMPX INTERNATIONAL INC CIK: 1049606 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001564590-19-038794`
Period End Date	20190930
Filing Date	20191030
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	cix-20190930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 48 Cash Flow Statement 43 Stockholders Equity 38

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.41M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$13.43M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$12.14M	USD	Point-in-time
Inventories, net	`InventoryNet`	$18.83M	USD	Point-in-time
Inventories, net	`InventoryNet`	$17.10M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$1.63M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$1.68M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$76.28M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$84.16M	USD	Point-in-time
Note receivable from affiliate	`DueFromAffiliateNoncurrent`	$34.00M	USD	Point-in-time
Note receivable from affiliate	`DueFromAffiliateNoncurrent`	$36.70M	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`	$61.03M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$58.33M	USD	Point-in-time
Land	`Land`	$4.94M	USD	Point-in-time
Land	`Land`	$4.94M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$22.86M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$22.84M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$67.22M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$67.07M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$963.00K	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$603.00K	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$95.98M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$95.45M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$64.77M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$63.64M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$31.21M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$31.81M	USD	Point-in-time
Total assets	`Assets`	$166.43M	USD	Point-in-time
Total assets	`Assets`	$176.41M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$12.31M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$12.50M	USD	Point-in-time
Income taxes payable to affiliates	`DueToAffiliateCurrent`	$1.17M	USD	Point-in-time
Income taxes payable to affiliates	`DueToAffiliateCurrent`	$818.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.13M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.67M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$3.20M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$3.44M	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$55.75M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$55.87M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$103.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$93.69M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$156.82M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$136.59M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$149.56M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$147.51M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$152.68M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$139.69M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$144.20M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$159.84M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$176.41M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$166.43M	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`	$94.61M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$29.70M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$30.03M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$90.83M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$20.43M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$64.57M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$60.49M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$20.23M	USD	1 Quarter
Gross margin	`GrossProfit`	$9.59M	USD	1 Quarter
Gross margin	`GrossProfit`	$30.33M	USD	3 Qtrs
Gross margin	`GrossProfit`	$30.04M	USD	3 Qtrs
Gross margin	`GrossProfit`	$9.48M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$5.21M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$5.07M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$15.45M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$15.86M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$4.52M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$4.27M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$14.18M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$14.88M	USD	3 Qtrs
Interest income	`InterestIncomeFromRelatedPartyAndDividendIncome`	$2.51M	USD	3 Qtrs
Interest income	`InterestIncomeFromRelatedPartyAndDividendIncome`	$697.00K	USD	1 Quarter
Interest income	`InterestIncomeFromRelatedPartyAndDividendIncome`	$848.00K	USD	1 Quarter
Interest income	`InterestIncomeFromRelatedPartyAndDividendIncome`	$1.91M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.79M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.22M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.11M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.69M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.23M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.92M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.13M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.29M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.65M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$3.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.77M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.93M	USD	1 Quarter
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.32	USD	1 Quarter
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.31	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`	$1.03	USD	3 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.43M	shares	3 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.44M	shares	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.44M	shares	3 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.44M	shares	1 Quarter

Cash Flow Statement 43 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$12.77M	USD	3 Qtrs
Net income	`ProfitLoss`	$12.65M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.74M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.59M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$245.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$181.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-316.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-428.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$2.91M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.31M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$1.94M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$1.89M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.21M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-130.00K	USD	3 Qtrs
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$-432.00K	USD	3 Qtrs
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$718.00K	USD	3 Qtrs
Prepaids and other, net	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-34.00K	USD	3 Qtrs
Prepaids and other, net	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$29.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.46M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.79M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.04M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.45M	USD	3 Qtrs
Proceeds from sale of fixed assets, net	`ProceedsFromSaleOfProductiveAssets`	$121.00K	USD	3 Qtrs
Collections	`RepaymentOfNotesReceivableFromRelatedParties`	$44.20M	USD	3 Qtrs
Collections	`RepaymentOfNotesReceivableFromRelatedParties`	$25.40M	USD	3 Qtrs
Advances	`PaymentsForAdvanceToAffiliate`	$39.00M	USD	3 Qtrs
Advances	`PaymentsForAdvanceToAffiliate`	$28.10M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.03M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.16M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$2.61M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$1.86M	USD	3 Qtrs
Operating, investing and financing activities	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.81M	USD	3 Qtrs
Operating, investing and financing activities	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$14.09M	USD	3 Qtrs
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.66M	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$50.22M	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.74M	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$45.41M	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.66M	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$50.22M	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.74M	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$45.41M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$3.23M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$4.02M	USD	3 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
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`	$0.07	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter
Balance	`StockholdersEquity`	$156.82M	USD	Point-in-time
Balance	`StockholdersEquity`	$136.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$149.56M	USD	Point-in-time
Balance	`StockholdersEquity`	$147.51M	USD	Point-in-time
Balance	`StockholdersEquity`	$152.68M	USD	Point-in-time
Balance	`StockholdersEquity`	$139.69M	USD	Point-in-time
Balance	`StockholdersEquity`	$144.20M	USD	Point-in-time
Balance	`StockholdersEquity`	$159.84M	USD	Point-in-time
Net income	`NetIncomeLoss`	$4.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.65M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$3.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.77M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.93M	USD	1 Quarter
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssued`	$139.00K	USD	1 Quarter
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssued`	$118.00K	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$621.00K	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$622.00K	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$870.00K	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$621.00K	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$872.00K	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$871.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$156.82M	USD	Point-in-time
Balance	`StockholdersEquity`	$136.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$149.56M	USD	Point-in-time
Balance	`StockholdersEquity`	$147.51M	USD	Point-in-time
Balance	`StockholdersEquity`	$152.68M	USD	Point-in-time
Balance	`StockholdersEquity`	$139.69M	USD	Point-in-time
Balance	`StockholdersEquity`	$144.20M	USD	Point-in-time
Balance	`StockholdersEquity`	$159.84M	USD	Point-in-time

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