10-K Filing

COMPX INTERNATIONAL INC CIK: 1049606 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001564590-21-010577`
Period End Date	20201231
Filing Date	20210303
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	cix-10k_20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 73 Cash Flow Statement 60 Stockholders Equity 28

Balance Sheet 65 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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.64M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$63.26M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$11.87M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$10.73M	USD	Point-in-time
Inventories	`InventoryNet`	$18.34M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	20.00M	shares	Point-in-time
Inventories	`InventoryNet`	$18.35M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$1.54M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$1.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$101.25M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$95.10M	USD	Point-in-time
Note receivable from affiliate	`DueFromAffiliateNoncurrent`	$29.50M	USD	Point-in-time
Note receivable from affiliate	`DueFromAffiliateNoncurrent`	$28.10M	USD	Point-in-time
Goodwill	`Goodwill`	$23.74M	USD	Point-in-time
Goodwill	`Goodwill`	$23.74M	USD	Point-in-time
Other noncurrent	`OtherAssetsNoncurrent`	$607.00K	USD	Point-in-time
Other noncurrent	`OtherAssetsNoncurrent`	$590.00K	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$52.43M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$53.85M	USD	Point-in-time
Land	`Land`	$4.94M	USD	Point-in-time
Land	`Land`	$4.94M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$23.05M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$23.15M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$67.72M	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`	$1.00M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$97.32M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$96.71M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$65.69M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$68.37M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$31.02M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$28.95M	USD	Point-in-time
Total assets	`Assets`	$166.43M	USD	Point-in-time
Total assets	`Assets`	$178.54M	USD	Point-in-time
Total assets	`Assets`	$184.04M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$12.08M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$12.20M	USD	Point-in-time
Income taxes payable to affiliate	`DueToAffiliateCurrent`	$952.00K	USD	Point-in-time
Income taxes payable to affiliate	`DueToAffiliateCurrent`	$984.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.15M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$3.29M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$3.24M	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$55.87M	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`	$106.20M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$162.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$167.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$149.56M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$136.59M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$178.54M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$184.04M	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 73 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$118.22M	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.80M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$114.54M	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$32.30M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$33.70M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$28.40M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$30.00M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$31.20M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$29.70M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$124.24M	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$29.60M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$85.28M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$79.95M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$81.69M	USD	Annual
Gross margin	`GrossProfit`	$10.40M	USD	1 Quarter
Gross margin	`GrossProfit`	$9.50M	USD	1 Quarter
Gross margin	`GrossProfit`	$38.96M	USD	Annual
Gross margin	`GrossProfit`	$9.60M	USD	1 Quarter
Gross margin	`GrossProfit`	$9.00M	USD	1 Quarter
Gross margin	`GrossProfit`	$7.30M	USD	1 Quarter
Gross margin	`GrossProfit`	$32.85M	USD	Annual
Gross margin	`GrossProfit`	$7.40M	USD	1 Quarter
Gross margin	`GrossProfit`	$7.70M	USD	1 Quarter
Gross margin	`GrossProfit`	$38.27M	USD	Annual
Gross margin	`GrossProfit`	$10.90M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$21.03M	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$20.46M	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$21.30M	USD	Annual
Operating income	`OperatingIncomeLoss`	$2.40M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$4.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.10M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$17.81M	USD	Annual
Operating income	`OperatingIncomeLoss`	$4.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$11.82M	USD	Annual
Operating income	`OperatingIncomeLoss`	$3.50M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$17.67M	USD	Annual
Interest income	`InterestIncomeFromRelatedPartyAndDividendIncome`	$2.66M	USD	Annual
Interest income	`InterestIncomeFromRelatedPartyAndDividendIncome`	$1.68M	USD	Annual
Interest income	`InterestIncomeFromRelatedPartyAndDividendIncome`	$3.27M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.94M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.48M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.50M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.94M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.15M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.17M	USD	Annual
Net income	`NetIncomeLoss`	$16.00M	USD	Annual
Net income	`NetIncomeLoss`	$2.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.32M	USD	Annual
Net income	`NetIncomeLoss`	$4.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.32M	USD	Annual
Net income	`NetIncomeLoss`	$2.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.20M	USD	1 Quarter
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$0.83	USD	Annual
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$0.26	USD	1 Quarter
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$1.23	USD	Annual
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$0.17	USD	1 Quarter
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$0.17	USD	1 Quarter
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$0.34	USD	1 Quarter
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$0.15	USD	1 Quarter
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$0.32	USD	1 Quarter
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$0.31	USD	1 Quarter
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$0.39	USD	1 Quarter
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$1.29	USD	Annual
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.44M	shares	Annual
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.43M	shares	Annual
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.45M	shares	Annual

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$15.32M	USD	Annual
Net income	`ProfitLoss`	$10.32M	USD	Annual
Net income	`ProfitLoss`	$16.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.45M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.83M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.68M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$89.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-48.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$86.00K	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-289.00K	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-458.00K	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-346.00K	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.71M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-250.00K	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.12M	USD	Annual
Inventories, net	`IncreaseDecreaseInInventories`	$1.44M	USD	Annual
Inventories, net	`IncreaseDecreaseInInventories`	$193.00K	USD	Annual
Inventories, net	`IncreaseDecreaseInInventories`	$1.85M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-399.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$95.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.62M	USD	Annual
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$449.00K	USD	Annual
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$152.00K	USD	Annual
Accounts with affiliates	`IncreaseDecreaseInDueToAffiliates`	$-203.00K	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$415.00K	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$207.00K	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-27.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.16M	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`	$3.17M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.12M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.74M	USD	Annual
Proceeds from sale of fixed assets, net	`ProceedsFromSaleOfProductiveAssets`	$125.00K	USD	Annual
Collections	`RepaymentOfNotesReceivableFromRelatedParties`	$33.43M	USD	Annual
Collections	`RepaymentOfNotesReceivableFromRelatedParties`	$40.80M	USD	Annual
Collections	`RepaymentOfNotesReceivableFromRelatedParties`	$51.00M	USD	Annual
Advances	`PaymentsForAdvanceToAffiliate`	$34.90M	USD	Annual
Advances	`PaymentsForAdvanceToAffiliate`	$46.80M	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`	$1.08M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.14M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$2.49M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.48M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$4.98M	USD	Annual
Net increase	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.84M	USD	Annual
Net increase	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.38M	USD	Annual
Net increase	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$15.76M	USD	Annual
Balance at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$63.26M	USD	Point-in-time
Balance at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$70.64M	USD	Point-in-time
Balance at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.66M	USD	Point-in-time
Balance at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$45.41M	USD	Point-in-time
Balance at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$63.26M	USD	Point-in-time
Balance at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$70.64M	USD	Point-in-time
Balance at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.66M	USD	Point-in-time
Balance at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$45.41M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$4.37M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$3.26M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$5.03M	USD	Annual

Stockholders Equity 28 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`	$0.20	USD	Annual
Balance	`StockholdersEquity`	$162.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$167.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$149.56M	USD	Point-in-time
Balance	`StockholdersEquity`	$136.59M	USD	Point-in-time
Net income	`NetIncomeLoss`	$16.00M	USD	Annual
Net income	`NetIncomeLoss`	$2.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.32M	USD	Annual
Net income	`NetIncomeLoss`	$4.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.32M	USD	Annual
Net income	`NetIncomeLoss`	$2.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.20M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$2.49M	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`	$139.00K	USD	Annual
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssued`	$118.00K	USD	Annual
Balance	`StockholdersEquity`	$162.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$167.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$149.56M	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.