2017 Q4 Form 10-Q Financial Statement

#000117633417000113 Filed on October 25, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $305.7M $193.1M $174.5M
YoY Change 29.06% 10.65% -22.78%
Cost Of Revenue $217.4M $124.5M $95.71M
YoY Change 45.52% 30.04% -29.15%
Gross Profit $88.30M $68.67M $78.83M
YoY Change 0.91% -12.88% -13.31%
Gross Profit Margin 28.88% 35.56% 45.16%
Selling, General & Admin $10.90M $9.085M $8.049M
YoY Change 9.0% 12.87% -7.12%
% of Gross Profit 12.34% 13.23% 10.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.30M $20.29M $22.13M
YoY Change -25.19% -8.33% -5.17%
% of Gross Profit 21.86% 29.54% 28.07%
Operating Expenses $60.10M $43.55M $39.49M
YoY Change 90.79% 10.29% -12.85%
Operating Profit $29.75M -$4.440M $9.176M
YoY Change 2.97% -148.39% -23.75%
Interest Expense -$9.700M -$12.90M -$10.70M
YoY Change -38.22% 20.56% 11.46%
% of Operating Profit -32.61% -116.61%
Other Income/Expense, Net $900.0K -$12.48M -$9.929M
YoY Change 350.0% 25.72% 16.76%
Pretax Income $17.20M -$16.92M -$753.0K
YoY Change 27.41% 2147.14% -121.33%
Income Tax $100.0K $108.0K $180.0K
% Of Pretax Income 0.58%
Net Earnings $18.85M -$16.29M -$933.0K
YoY Change 5.41% 1645.55% -128.27%
Net Earnings / Revenue 6.17% -8.43% -0.53%
Basic Earnings Per Share
Diluted Earnings Per Share $487.0K -$424.5K -$25.50K
COMMON SHARES
Basic Shares Outstanding 38.45M shares 38.45M shares 35.45M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $0.00 $0.00
YoY Change
Cash & Equivalents $27.00K $15.00K $10.00K
Short-Term Investments
Other Short-Term Assets $4.866M $3.703M $4.439M
YoY Change 47.63% -16.58% -30.03%
Inventory $97.25M $130.6M $107.5M
Prepaid Expenses
Receivables $107.2M $64.10M $46.30M
Other Receivables $23.70M $13.50M $8.400M
Total Short-Term Assets $242.7M $225.9M $239.9M
YoY Change 25.08% -5.84% 36.81%
LONG-TERM ASSETS
Property, Plant & Equipment $831.9M $839.7M $889.4M
YoY Change -1.63% -5.59% -10.15%
Goodwill $17.30M $17.30M $17.30M
YoY Change 0.0% 0.0% -27.33%
Intangibles
YoY Change
Long-Term Investments $128.8M $128.0M $129.8M
YoY Change -0.54% -1.38% -2.01%
Other Assets $32.80M $37.21M $48.95M
YoY Change -26.9% -23.98% -24.57%
Total Long-Term Assets $1.011B $1.022B $1.100B
YoY Change -3.95% -7.11% -10.25%
TOTAL ASSETS
Total Short-Term Assets $242.7M $225.9M $239.9M
Total Long-Term Assets $1.011B $1.022B $1.100B
Total Assets $1.253B $1.248B $1.340B
YoY Change 0.57% -6.89% -4.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $92.57M $72.02M $60.46M
YoY Change 31.77% 19.11% -13.11%
Accrued Expenses $15.30M $6.500M $6.300M
YoY Change 24.39% 3.17% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $134.4M $110.8M $113.5M
YoY Change 14.32% -2.41% 9.9%
LONG-TERM LIABILITIES
Long-Term Debt $812.6M $830.0M $913.5M
YoY Change 0.56% -9.14% 4.23%
Other Long-Term Liabilities $8.217M $8.425M $2.435M
YoY Change -5.29% 246.0% 11.04%
Total Long-Term Liabilities $820.8M $8.425M $2.435M
YoY Change 0.5% 246.0% -99.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $134.4M $110.8M $113.5M
Total Long-Term Liabilities $820.8M $8.425M $2.435M
Total Liabilities $955.3M $949.2M $1.029B
YoY Change 2.24% -7.8% 4.84%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $298.2M $298.9M $310.9M
YoY Change
Total Liabilities & Shareholders Equity $1.253B $1.248B $1.340B
YoY Change 0.57% -6.89% -4.36%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $18.85M -$16.29M -$933.0K
YoY Change 5.41% 1645.55% -128.27%
Depreciation, Depletion And Amortization $19.30M $20.29M $22.13M
YoY Change -25.19% -8.33% -5.17%
Cash From Operating Activities $39.90M -$18.20M -$13.10M
YoY Change -18.74% 38.93% -247.19%
INVESTING ACTIVITIES
Capital Expenditures -$9.700M -$10.20M -$4.100M
YoY Change 12.79% 148.78% -66.12%
Acquisitions
YoY Change
Other Investing Activities $7.500M -$900.0K $15.40M
YoY Change -90.91% -105.84% 1183.33%
Cash From Investing Activities -$2.300M -$11.20M $11.30M
YoY Change -103.11% -199.12% -204.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -37.60M 29.30M 1.700M
YoY Change -69.43% 1623.53% -10.53%
NET CHANGE
Cash From Operating Activities 39.90M -18.20M -13.10M
Cash From Investing Activities -2.300M -11.20M 11.30M
Cash From Financing Activities -37.60M 29.30M 1.700M
Net Change In Cash 0.000000002794 -100.0K -100.0K
YoY Change -96.59% 0.0% -1717986918400182.0%
FREE CASH FLOW
Cash From Operating Activities $39.90M -$18.20M -$13.10M
Capital Expenditures -$9.700M -$10.20M -$4.100M
Free Cash Flow $49.60M -$8.000M -$9.000M
YoY Change -14.04% -11.11% -142.86%

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NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-0.03
us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-0.04
us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
0.16
CY2017Q3 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
-0.42
CY2016Q3 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
-0.03
us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
-0.04
us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.16
CY2017Q3 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
38357000 shares
CY2016Q3 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
35346000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
38016000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
35358000 shares
CY2017Q3 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
38357000 shares
CY2016Q3 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
35346000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
38016000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
35381000 shares
CY2017Q3 mmlp Terminalling And Storage Related Party
TerminallingAndStorageRelatedParty
21910000 USD
CY2016Q3 mmlp Terminalling And Storage Related Party
TerminallingAndStorageRelatedParty
20649000 USD
mmlp Terminalling And Storage Related Party
TerminallingAndStorageRelatedParty
61945000 USD
mmlp Terminalling And Storage Related Party
TerminallingAndStorageRelatedParty
62197000 USD
CY2017Q3 mmlp Marine Transportation Revenue Related Party
MarineTransportationRevenueRelatedParty
4098000 USD
CY2016Q3 mmlp Marine Transportation Revenue Related Party
MarineTransportationRevenueRelatedParty
4861000 USD
mmlp Marine Transportation Revenue Related Party
MarineTransportationRevenueRelatedParty
12610000 USD
mmlp Marine Transportation Revenue Related Party
MarineTransportationRevenueRelatedParty
17308000 USD
CY2017Q3 mmlp Natural Gas Services Revenue Related Party
NaturalGasServicesRevenueRelatedParty
4000 USD
CY2016Q3 mmlp Natural Gas Services Revenue Related Party
NaturalGasServicesRevenueRelatedParty
132000 USD
mmlp Natural Gas Services Revenue Related Party
NaturalGasServicesRevenueRelatedParty
122000 USD
mmlp Natural Gas Services Revenue Related Party
NaturalGasServicesRevenueRelatedParty
574000 USD
CY2017Q3 mmlp Product Sales Related Party
ProductSalesRelatedParty
828000 USD
CY2016Q3 mmlp Product Sales Related Party
ProductSalesRelatedParty
723000 USD
mmlp Product Sales Related Party
ProductSalesRelatedParty
2982000 USD
mmlp Product Sales Related Party
ProductSalesRelatedParty
2391000 USD
CY2017Q3 mmlp Natural Gas Services Cost Of Product Sold Related Party
NaturalGasServicesCostOfProductSoldRelatedParty
3033000 USD
CY2016Q3 mmlp Natural Gas Services Cost Of Product Sold Related Party
NaturalGasServicesCostOfProductSoldRelatedParty
2946000 USD
mmlp Natural Gas Services Cost Of Product Sold Related Party
NaturalGasServicesCostOfProductSoldRelatedParty
14836000 USD
mmlp Natural Gas Services Cost Of Product Sold Related Party
NaturalGasServicesCostOfProductSoldRelatedParty
10829000 USD
CY2017Q3 mmlp Sulfur Services Related Party
SulfurServicesRelatedParty
3555000 USD
CY2016Q3 mmlp Sulfur Services Related Party
SulfurServicesRelatedParty
3678000 USD
mmlp Sulfur Services Related Party
SulfurServicesRelatedParty
10997000 USD
mmlp Sulfur Services Related Party
SulfurServicesRelatedParty
11300000 USD
CY2017Q3 mmlp Terminalling And Storage Cost Of Product Sold Related Party
TerminallingAndStorageCostOfProductSoldRelatedParty
4817000 USD
CY2016Q3 mmlp Terminalling And Storage Cost Of Product Sold Related Party
TerminallingAndStorageCostOfProductSoldRelatedParty
3766000 USD
mmlp Terminalling And Storage Cost Of Product Sold Related Party
TerminallingAndStorageCostOfProductSoldRelatedParty
14003000 USD
mmlp Terminalling And Storage Cost Of Product Sold Related Party
TerminallingAndStorageCostOfProductSoldRelatedParty
11232000 USD
CY2017Q3 mmlp Operating Expenses Related Party
OperatingExpensesRelatedParty
15858000 USD
CY2016Q3 mmlp Operating Expenses Related Party
OperatingExpensesRelatedParty
17810000 USD
mmlp Operating Expenses Related Party
OperatingExpensesRelatedParty
48686000 USD
mmlp Operating Expenses Related Party
OperatingExpensesRelatedParty
53255000 USD
CY2017Q3 mmlp Selling General And Administrative Expense Related Party
SellingGeneralAndAdministrativeExpenseRelatedParty
6495000 USD
CY2016Q3 mmlp Selling General And Administrative Expense Related Party
SellingGeneralAndAdministrativeExpenseRelatedParty
5748000 USD
mmlp Selling General And Administrative Expense Related Party
SellingGeneralAndAdministrativeExpenseRelatedParty
20563000 USD
mmlp Selling General And Administrative Expense Related Party
SellingGeneralAndAdministrativeExpenseRelatedParty
18091000 USD
CY2015Q4 mmlp Partners Capital Total
PartnersCapitalTotal
393879000 USD
us-gaap Net Income Loss
NetIncomeLoss
13770000 USD
us-gaap Partners Capital Account Public Sale Of Units
PartnersCapitalAccountPublicSaleOfUnits
-28000 USD
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
100090000 USD
mmlp Adjustmentto Partners Capital Reimbursementof Excess Purchase Price Over Carrying Valueof Acquired Assets
AdjustmenttoPartnersCapitalReimbursementofExcessPurchasePriceOverCarryingValueofAcquiredAssets
3000000 USD
us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
712000 USD
us-gaap Partners Capital Account Treasury Units Purchases
PartnersCapitalAccountTreasuryUnitsPurchases
330000 USD
CY2016Q3 mmlp Partners Capital Total
PartnersCapitalTotal
310913000 USD
CY2016Q4 mmlp Partners Capital Total
PartnersCapitalTotal
312006000 USD
us-gaap Net Income Loss
NetIncomeLoss
-1714000 USD
us-gaap Partners Capital Account Public Sale Of Units
PartnersCapitalAccountPublicSaleOfUnits
51061000 USD
us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
1098000 USD
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
57323000 USD
us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
518000 USD
mmlp Adjustmentto Partners Capital Excess Purchase Price Over Carrying Valueof Acquired Assets
AdjustmenttoPartnersCapitalExcessPurchasePriceOverCarryingValueofAcquiredAssets
7887000 USD
mmlp Adjustmentto Partners Capital Reimbursementof Excess Purchase Price Over Carrying Valueof Acquired Assets
AdjustmenttoPartnersCapitalReimbursementofExcessPurchasePriceOverCarryingValueofAcquiredAssets
1125000 USD
us-gaap Partners Capital Account Treasury Units Purchases
PartnersCapitalAccountTreasuryUnitsPurchases
4000 USD
CY2017Q3 mmlp Partners Capital Total
PartnersCapitalTotal
298880000 USD
us-gaap Net Income Loss
NetIncomeLoss
-1714000 USD
us-gaap Net Income Loss
NetIncomeLoss
13770000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
65948000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
66266000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2170000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2965000 USD
mmlp Amortizationof Debt Premium
AmortizationofDebtPremium
230000 USD
mmlp Amortizationof Debt Premium
AmortizationofDebtPremium
230000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-327000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1582000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4145000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2547000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3602000 USD
us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
-2392000 USD
us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
1867000 USD
mmlp Derivative Net Cash Receivedon Hedge
DerivativeNetCashReceivedonHedge
-6429000 USD
mmlp Derivative Net Cash Receivedon Hedge
DerivativeNetCashReceivedonHedge
1666000 USD
mmlp Derivative Net Cash Receivedon Hedge Interest Rate Contracts
DerivativeNetCashReceivedonHedgeInterestRateContracts
0 USD
mmlp Derivative Net Cash Receivedon Hedge Interest Rate Contracts
DerivativeNetCashReceivedonHedgeInterestRateContracts
160000 USD
mmlp Derivatives Net Premiums Receivedon Derivatives Settled
DerivativesNetPremiumsReceivedonDerivativesSettled
0 USD
mmlp Derivatives Net Premiums Receivedon Derivatives Settled
DerivativesNetPremiumsReceivedonDerivativesSettled
630000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
518000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
712000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
-4200000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
27557000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
31606000 USD
us-gaap Increase Decrease In Due From Affiliates Current
IncreaseDecreaseInDueFromAffiliatesCurrent
1917000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
-6100000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-16381000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-28028000 USD
mmlp Increase Decrease In Product Exchange Receivables
IncreaseDecreaseInProductExchangeReceivables
-173000 USD
mmlp Increase Decrease In Product Exchange Receivables
IncreaseDecreaseInProductExchangeReceivables
-891000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
48022000 USD
us-gaap Increase Decrease In Due From Affiliates Current
IncreaseDecreaseInDueFromAffiliatesCurrent
-1932000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
411000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
4693000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2222000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-15782000 USD
mmlp Increase Decrease In Product Exchange Payables
IncreaseDecreaseInProductExchangePayables
1910000 USD
mmlp Increase Decrease In Product Exchange Payables
IncreaseDecreaseInProductExchangePayables
-2544000 USD
us-gaap Increase Decrease In Due To Affiliates Current
IncreaseDecreaseInDueToAffiliatesCurrent
-5169000 USD
us-gaap Increase Decrease In Due To Affiliates Current
IncreaseDecreaseInDueToAffiliatesCurrent
-1859000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-420000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-435000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-3766000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-3729000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-1941000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
765000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
61735000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30014000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
31884000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
19533000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2150000 USD
mmlp Payments For Plant Turnaround Costs
PaymentsForPlantTurnaroundCosts
1583000 USD
mmlp Payments For Plant Turnaround Costs
PaymentsForPlantTurnaroundCosts
1614000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1604000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2174000 USD
mmlp Proceeds From Involuntary Conversion Of Property Plantand Equipment
ProceedsFromInvoluntaryConversionOfPropertyPlantandEquipment
0 USD
mmlp Proceeds From Involuntary Conversion Of Property Plantand Equipment
ProceedsFromInvoluntaryConversionOfPropertyPlantandEquipment
23400000 USD
us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
15000000 USD
us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
0 USD
mmlp Distributions From Contributions To Unconsolidated Entities For Operations
DistributionsFromContributionsToUnconsolidatedEntitiesForOperations
145000 USD
mmlp Distributions From Contributions To Unconsolidated Entities For Operations
DistributionsFromContributionsToUnconsolidatedEntitiesForOperations
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
900000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
270700000 USD
mmlp Proceedsfrom Issuanceof Common Stock Net
ProceedsfromIssuanceofCommonStockNet
51061000 USD
mmlp Proceedsfrom Issuanceof Common Stock Net
ProceedsfromIssuanceofCommonStockNet
-28000 USD
us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
1098000 USD
us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
330000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
56000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5234000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-35571000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10074000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
242000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
219700000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
262000000 USD
mmlp Excess Purchase Price Over Carrying Valueof Acquired Assets
ExcessPurchasePriceOverCarryingValueofAcquiredAssets
7887000 USD
mmlp Excess Purchase Price Over Carrying Valueof Acquired Assets
ExcessPurchasePriceOverCarryingValueofAcquiredAssets
0 USD
mmlp Reimbursementof Excess Purchase Price Over Carrying Valueof Acquired Assets
ReimbursementofExcessPurchasePriceOverCarryingValueofAcquiredAssets
1125000 USD
mmlp Reimbursementof Excess Purchase Price Over Carrying Valueof Acquired Assets
ReimbursementofExcessPurchasePriceOverCarryingValueofAcquiredAssets
3000000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
57323000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
100090000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8014000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-51682000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
0 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-21000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1367000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1068000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 segment
CY2017Q3 us-gaap Energy Related Inventory Chemicals
EnergyRelatedInventoryChemicals
20879000 USD
CY2017Q3 mmlp Sulfur Based Products
SulfurBasedProducts
13668000 USD
CY2016Q4 mmlp Sulfur Based Products
SulfurBasedProducts
19107000 USD
CY2017Q3 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
85574000 USD
CY2016Q4 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
33656000 USD
CY2017Q3 mmlp Sulfur
Sulfur
7796000 USD
CY2016Q4 mmlp Sulfur
Sulfur
8521000 USD
CY2016Q4 us-gaap Energy Related Inventory Chemicals
EnergyRelatedInventoryChemicals
18276000 USD
CY2017Q3 us-gaap Energy Related Inventory Other Fossil Fuel
EnergyRelatedInventoryOtherFossilFuel
2701000 USD
CY2016Q4 us-gaap Energy Related Inventory Other Fossil Fuel
EnergyRelatedInventoryOtherFossilFuel
3071000 USD
CY2017Q3 us-gaap Inventory Net
InventoryNet
130618000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
82631000 USD
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
620000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
631000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
28067000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
36528000 USD
CY2017Q3 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
1881000 USD
CY2016Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
2280000 USD
CY2017Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
7263000 USD
CY2016Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
6066000 USD
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
37211000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
44874000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
59594000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
48876000 USD
CY2017Q3 us-gaap Interest Payable Current
InterestPayableCurrent
3802000 USD
CY2016Q4 us-gaap Interest Payable Current
InterestPayableCurrent
10629000 USD
CY2017Q3 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
11378000 USD
CY2016Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
7953000 USD
CY2017Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
7836000 USD
CY2016Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
6443000 USD
CY2017Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2679000 USD
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1672000 USD
CY2017Q3 mmlp Miscellaneous Accrued Liabilities Current
MiscellaneousAccruedLiabilitiesCurrent
15000 USD
CY2016Q4 mmlp Miscellaneous Accrued Liabilities Current
MiscellaneousAccruedLiabilitiesCurrent
20000 USD
CY2017Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
25710000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
26717000 USD
CY2016Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
16418000 USD
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
5801000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
277000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
2695000 USD
CY2017Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
19801000 USD
CY2017Q3 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
11378000 USD
CY2017Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
8423000 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
829991000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
808107000 USD
CY2017Q3 us-gaap Interest Paid
InterestPaid
18578000 USD
CY2016Q3 us-gaap Interest Paid
InterestPaid
18644000 USD
us-gaap Interest Paid
InterestPaid
41087000 USD
us-gaap Interest Paid
InterestPaid
40760000 USD
CY2017Q3 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
130000 USD
CY2016Q3 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
229000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
575000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
911000 USD
CY2017Q3 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
38448112 shares
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
0.98
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.02
CY2017Q1 us-gaap Partners Capital Account Units Sold In Public Offering
PartnersCapitalAccountUnitsSoldInPublicOffering
2990000 shares
CY2017Q1 us-gaap Share Price
SharePrice
18.00
CY2017Q1 us-gaap Partners Capital Account Units Sold In Public Offering
PartnersCapitalAccountUnitsSoldInPublicOffering
2990000 shares
CY2017Q1 us-gaap Partners Capital Account Public Sale Of Units Net Of Offering Costs
PartnersCapitalAccountPublicSaleOfUnitsNetOfOfferingCosts
51061000 USD
CY2017Q1 us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
1098000 USD
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.020
mmlp Limited Partners Capital Account Distribution Period
LimitedPartnersCapitalAccountDistributionPeriod
P45D
CY2017Q3 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-16286000 USD
CY2016Q3 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-933000 USD
us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-1714000 USD
us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
13770000 USD
CY2017Q3 us-gaap Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
0 USD
CY2016Q3 us-gaap Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
0 USD
us-gaap Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
0 USD
us-gaap Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
7786000 USD
CY2017Q3 us-gaap General Partners Capital Account Distribution Amount
GeneralPartnersCapitalAccountDistributionAmount
392000 USD
CY2016Q3 us-gaap General Partners Capital Account Distribution Amount
GeneralPartnersCapitalAccountDistributionAmount
361000 USD
us-gaap General Partners Capital Account Distribution Amount
GeneralPartnersCapitalAccountDistributionAmount
1177000 USD
us-gaap General Partners Capital Account Distribution Amount
GeneralPartnersCapitalAccountDistributionAmount
1696000 USD
CY2017Q3 mmlp Distributions Payable To General Partner Interest In Excess Of Earnings Allocable To General Partner Interest
DistributionsPayableToGeneralPartnerInterestInExcessOfEarningsAllocableToGeneralPartnerInterest
-717000 USD
CY2016Q3 mmlp Distributions Payable To General Partner Interest In Excess Of Earnings Allocable To General Partner Interest
DistributionsPayableToGeneralPartnerInterestInExcessOfEarningsAllocableToGeneralPartnerInterest
-379000 USD
mmlp Distributions Payable To General Partner Interest In Excess Of Earnings Allocable To General Partner Interest
DistributionsPayableToGeneralPartnerInterestInExcessOfEarningsAllocableToGeneralPartnerInterest
-1211000 USD
mmlp Distributions Payable To General Partner Interest In Excess Of Earnings Allocable To General Partner Interest
DistributionsPayableToGeneralPartnerInterestInExcessOfEarningsAllocableToGeneralPartnerInterest
-1420000 USD
CY2017Q3 mmlp Income Loss Allocable To Unvested Restricted Unit Income
IncomeLossAllocableToUnvestedRestrictedUnitIncome
38000 USD
CY2016Q3 mmlp Income Loss Allocable To Unvested Restricted Unit Income
IncomeLossAllocableToUnvestedRestrictedUnitIncome
3000 USD
mmlp Income Loss Allocable To Unvested Restricted Unit Income
IncomeLossAllocableToUnvestedRestrictedUnitIncome
0 USD
mmlp Income Loss Allocable To Unvested Restricted Unit Income
IncomeLossAllocableToUnvestedRestrictedUnitIncome
-36000 USD
CY2017Q3 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-15923000 USD
CY2016Q3 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-912000 USD
us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-1680000 USD
us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
5672000 USD
CY2017Q3 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
38357171 shares
CY2016Q3 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
35346412 shares
us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
38015704 shares
us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
35358217 shares
CY2017Q3 us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
0 shares
CY2016Q3 us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
0 shares
us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
0 shares
us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
22850 shares
CY2017Q3 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
38357171 shares
CY2016Q3 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
35346412 shares
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
38015704 shares
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
35381067 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
193128000 USD
CY2017Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
20286000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-4484000 USD
CY2017Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
7950000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
174537000 USD
CY2016Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22129000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
9176000 USD
CY2016Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4549000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
640375000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
65948000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
30112000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
31145000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
590490000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
66266000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
43770000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
28562000 USD
CY2017Q3 us-gaap Assets
Assets
1248050000 USD
CY2016Q4 us-gaap Assets
Assets
1246363000 USD
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
3000000 shares

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