2013 Q3 Form 10-Q Financial Statement

#000155200013000003 Filed on November 07, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3
Revenue $123.8M $121.1M
YoY Change 2.23% 10.8%
Cost Of Revenue $56.90M $62.00M
YoY Change -8.23% 31.63%
Gross Profit $66.90M $59.10M
YoY Change 13.2% -4.98%
Gross Profit Margin 54.04% 48.8%
Selling, General & Admin $14.40M $13.40M
YoY Change 7.46% 0.0%
% of Gross Profit 21.52% 22.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.70M $9.400M
YoY Change 35.11% -3.09%
% of Gross Profit 18.98% 15.91%
Operating Expenses $27.10M $22.80M
YoY Change 18.86% -1.3%
Operating Profit $39.80M $36.30M
YoY Change 9.64% -7.16%
Interest Expense $0.00 $500.0K
YoY Change -100.0% 150.0%
% of Operating Profit 0.0% 1.38%
Other Income/Expense, Net -$200.0K
YoY Change
Pretax Income $39.60M $36.80M
YoY Change 7.61% -6.36%
Income Tax $400.0K -$100.0K
% Of Pretax Income 1.01% -0.27%
Net Earnings $21.50M $36.90M
YoY Change -41.73% -6.11%
Net Earnings / Revenue 17.37% 30.47%
Basic Earnings Per Share
Diluted Earnings Per Share $581.1K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $87.00M $69.00M
YoY Change 26.09%
Cash & Equivalents $86.90M $69.00M
Short-Term Investments
Other Short-Term Assets $2.300M $1.000M
YoY Change 130.0%
Inventory $12.00M $10.00M
Prepaid Expenses
Receivables $14.30M $73.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $155.6M $153.0M
YoY Change 1.7%
LONG-TERM ASSETS
Property, Plant & Equipment $956.2M $958.0M
YoY Change -0.19%
Goodwill $104.7M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.200M $5.000M
YoY Change -56.0%
Total Long-Term Assets $1.063B $1.097B
YoY Change -3.09%
TOTAL ASSETS
Total Short-Term Assets $155.6M $153.0M
Total Long-Term Assets $1.063B $1.097B
Total Assets $1.219B $1.250B
YoY Change -2.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $41.60M $46.00M
YoY Change -9.57%
Accrued Expenses $8.000M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.000M $1.000M
YoY Change 0.0%
Total Short-Term Liabilities $85.60M $63.00M
YoY Change 35.87%
LONG-TERM LIABILITIES
Long-Term Debt $10.00M $11.00M
YoY Change -9.09%
Other Long-Term Liabilities $1.000M $1.000M
YoY Change 0.0%
Total Long-Term Liabilities $11.00M $12.00M
YoY Change -8.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $85.60M $63.00M
Total Long-Term Liabilities $11.00M $12.00M
Total Liabilities $96.90M $75.00M
YoY Change 29.2%
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 $648.0M $1.176B
YoY Change
Total Liabilities & Shareholders Equity $1.219B $1.250B
YoY Change -2.5%

Cashflow Statement

Concept 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $21.50M $36.90M
YoY Change -41.73% -6.11%
Depreciation, Depletion And Amortization $12.70M $9.400M
YoY Change 35.11% -3.09%
Cash From Operating Activities $58.50M $26.90M
YoY Change 117.47% -50.09%
INVESTING ACTIVITIES
Capital Expenditures -$40.20M -$54.40M
YoY Change -26.1% 399.08%
Acquisitions
YoY Change
Other Investing Activities $0.00 $392.2M
YoY Change -100.0% 502.46%
Cash From Investing Activities -$40.20M $337.8M
YoY Change -111.9% 523.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -46.70M -296.8M
YoY Change -84.27% 213.08%
NET CHANGE
Cash From Operating Activities 58.50M 26.90M
Cash From Investing Activities -40.20M 337.8M
Cash From Financing Activities -46.70M -296.8M
Net Change In Cash -28.40M 67.90M
YoY Change -141.83% 410.53%
FREE CASH FLOW
Cash From Operating Activities $58.50M $26.90M
Capital Expenditures -$40.20M -$54.40M
Free Cash Flow $98.70M $81.30M
YoY Change 21.4% 25.46%

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying interim consolidated financial statements are unaudited; however, in the opinion of our management, these statements reflect all adjustments necessary for a fair statement of the results for the periods reported. All such adjustments are of a normal, recurring nature unless otherwise disclosed. These interim consolidated financial statements, including the notes, have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (&#8220;SEC&#8221;) applicable to interim period financial statements and do not include all of the information and disclosures required by accounting principles generally accepted in the United States (&#8220;U.S. GAAP&#8221;) for complete financial statements.</font></div></div>
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dei Amendment Flag
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dei Document Fiscal Year Focus
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dei Document Period End Date
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dei Document Type
DocumentType
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dei Entity Central Index Key
EntityCentralIndexKey
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dei Entity Filer Category
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dei Entity Registrant Name
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MPLX LP
dei Trading Symbol
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MPLX

Files In Submission

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