2021 Q1 Form 10-Q Financial Statement

#000142529221000021 Filed on May 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $60.92M $75.08M
YoY Change -18.86% -18.28%
Cost Of Revenue $68.96M $74.71M
YoY Change -7.69% -0.56%
Gross Profit -$8.043M $369.0K
YoY Change -2279.67% -97.8%
Gross Profit Margin -13.2% 0.49%
Selling, General & Admin $5.891M $5.354M
YoY Change 10.03% -21.79%
% of Gross Profit 1450.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.12M $15.60M
YoY Change -9.45% -5.95%
% of Gross Profit 4226.83%
Operating Expenses $5.891M $5.354M
YoY Change 10.03% -21.79%
Operating Profit -$14.01M -$4.972M
YoY Change 181.7% -152.68%
Interest Expense -$15.90M -$15.80M
YoY Change 0.63% 0.64%
% of Operating Profit
Other Income/Expense, Net $4.557M $27.00K
YoY Change 16777.78% 35.0%
Pretax Income -$25.37M -$20.73M
YoY Change 22.37% 234.81%
Income Tax $19.00K $7.000K
% Of Pretax Income
Net Earnings -$25.38M -$20.74M
YoY Change 22.42% 241.09%
Net Earnings / Revenue -41.67% -27.62%
Basic Earnings Per Share -$2.37
Diluted Earnings Per Share -$2.37 -$1.832M
COMMON SHARES
Basic Shares Outstanding 10.70M shares 113.3M shares
Diluted Shares Outstanding 10.70M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $52.60M $58.00M
YoY Change -9.31% -39.96%
Cash & Equivalents $52.56M $58.01M
Short-Term Investments
Other Short-Term Assets $7.500M $5.300M
YoY Change 41.51% -7.02%
Inventory $57.18M $55.09M
Prepaid Expenses
Receivables $15.49M $14.87M
Other Receivables $0.00 $0.00
Total Short-Term Assets $132.7M $133.2M
YoY Change -0.38% -30.36%
LONG-TERM ASSETS
Property, Plant & Equipment $883.3M $940.3M
YoY Change -6.06% -5.69%
Goodwill $40.97M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $15.82M $19.44M
YoY Change -18.63% -7.97%
Total Long-Term Assets $899.2M $1.001B
YoY Change -10.15% -7.11%
TOTAL ASSETS
Total Short-Term Assets $132.7M $133.2M
Total Long-Term Assets $899.2M $1.001B
Total Assets $1.032B $1.134B
YoY Change -9.0% -10.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.60M $22.50M
YoY Change -8.43% 19.35%
Accrued Expenses $30.10M $27.60M
YoY Change 9.06% -28.68%
Deferred Revenue $40.38M $37.63M
YoY Change 7.3% -42.43%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.300M
YoY Change
Total Short-Term Liabilities $99.83M $92.58M
YoY Change 7.83% -26.58%
LONG-TERM LIABILITIES
Long-Term Debt $634.9M $633.3M
YoY Change 0.26% 0.56%
Other Long-Term Liabilities $8.780M $9.384M
YoY Change -6.44% -31.75%
Total Long-Term Liabilities $643.7M $642.7M
YoY Change 0.16% -0.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $99.83M $92.58M
Total Long-Term Liabilities $643.7M $642.7M
Total Liabilities $743.6M $735.3M
YoY Change 1.13% -4.36%
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 $288.3M $398.7M
YoY Change
Total Liabilities & Shareholders Equity $1.032B $1.134B
YoY Change -9.0% -10.62%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$25.38M -$20.74M
YoY Change 22.42% 241.09%
Depreciation, Depletion And Amortization $14.12M $15.60M
YoY Change -9.45% -5.95%
Cash From Operating Activities $25.55M $27.71M
YoY Change -7.78% -46.64%
INVESTING ACTIVITIES
Capital Expenditures -$3.000M -$6.700M
YoY Change -55.22% 91.43%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$2.994M -$6.662M
YoY Change -55.06% 90.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $529.0K $0.00
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities -$555.0K -$25.00K
YoY Change 2120.0% -99.82%
NET CHANGE
Cash From Operating Activities $25.55M $27.71M
Cash From Investing Activities -$2.994M -$6.662M
Cash From Financing Activities -$555.0K -$25.00K
Net Change In Cash $22.00M $21.02M
YoY Change 4.67% -39.65%
FREE CASH FLOW
Cash From Operating Activities $25.55M $27.71M
Capital Expenditures -$3.000M -$6.700M
Free Cash Flow $28.55M $34.41M
YoY Change -17.02% -37.92%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001425292
CY2021Q1 dei Amendment Flag
AmendmentFlag
false
CY2021Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2020Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesCurrent
CY2021Q1 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesCurrent
CY2021Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P9M
CY2021Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2021Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
300000 USD
CY2021Q1 dei Document Type
DocumentType
10-Q
CY2021Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2021Q1 dei Document Period End Date
DocumentPeriodEndDate
2021-03-31
CY2021Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2021Q1 dei Entity File Number
EntityFileNumber
001-35120
CY2021Q1 dei Entity Registrant Name
EntityRegistrantName
CVR PARTNERS, LP
CY2021Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2021Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
56-2677689
CY2021Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
2277 Plaza Drive, Suite 500
CY2021Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Sugar Land
CY2021Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
CY2021Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77479
CY2021Q1 dei City Area Code
CityAreaCode
281
CY2021Q1 dei Local Phone Number
LocalPhoneNumber
207-3200
CY2021Q1 dei Security12b Title
Security12bTitle
Common units representing limited partner interests
CY2021Q1 dei Trading Symbol
TradingSymbol
UAN
CY2021Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2021Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2021Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2021Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021Q1 dei Entity Shell Company
EntityShellCompany
false
CY2021Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
10681332 shares
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
52561000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
30559000 USD
CY2021Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
15491000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
36896000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
57184000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
42349000 USD
CY2021Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7494000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
8410000 USD
CY2021Q1 us-gaap Assets Current
AssetsCurrent
132730000 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
118214000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
883336000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
897847000 USD
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
15816000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
16819000 USD
CY2021Q1 us-gaap Assets
Assets
1031882000 USD
CY2020Q4 us-gaap Assets
Assets
1032880000 USD
CY2021Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
20603000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
19544000 USD
CY2021Q1 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
1061000 USD
CY2020Q4 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
5217000 USD
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
40383000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
30631000 USD
CY2021Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
37781000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
20949000 USD
CY2021Q1 us-gaap Liabilities Current
LiabilitiesCurrent
99828000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
76341000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
634946000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
633942000 USD
CY2021Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
8780000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
8356000 USD
CY2021Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
643726000 USD
CY2020Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
642298000 USD
CY2021Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q1 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
10681332 shares
CY2021Q1 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
10681332 shares
CY2020Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
10705710 shares
CY2020Q4 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
10705710 shares
CY2021Q1 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
288327000 USD
CY2020Q4 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
314240000 USD
CY2021Q1 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
1000 USD
CY2020Q4 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
1000 USD
CY2021Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
288328000 USD
CY2020Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
314241000 USD
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1031882000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1032880000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
60921000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
75080000 USD
CY2021Q1 us-gaap Cost Direct Material
CostDirectMaterial
17766000 USD
CY2020Q1 us-gaap Cost Direct Material
CostDirectMaterial
23991000 USD
CY2021Q1 us-gaap Direct Operating Costs
DirectOperatingCosts
37075000 USD
CY2020Q1 us-gaap Direct Operating Costs
DirectOperatingCosts
35123000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14123000 USD
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15597000 USD
CY2021Q1 us-gaap Cost Of Revenue
CostOfRevenue
68964000 USD
CY2020Q1 us-gaap Cost Of Revenue
CostOfRevenue
74711000 USD
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5891000 USD
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5354000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-72000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
13000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-14006000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-4972000 USD
CY2021Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-15916000 USD
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-15783000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-20735000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4557000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
27000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-25365000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-20728000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-25384000 USD
CY2021Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-2.37
CY2020Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.83
CY2021Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10695000 shares
CY2020Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
11328000 shares
CY2020Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
314241000 USD
CY2021Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
529000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-25384000 USD
CY2021Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
288328000 USD
CY2019Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
419544000 USD
CY2020Q1 cvi Related Party Transaction Nonrecurring Common Control Intra Entity Transactions Transfer Of Assets Net Impact On Partners Capital
RelatedPartyTransactionNonrecurringCommonControlIntraEntityTransactionsTransferOfAssetsNetImpactOnPartnersCapital
-116000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-20735000 USD
CY2020Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
398693000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-25384000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-20735000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14123000 USD
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15597000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
3592000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
-477000 USD
CY2021Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1259000 USD
CY2020Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1262000 USD
CY2021Q1 cvi Increase Decreasein Current Assets Liabilities Net
IncreaseDecreaseinCurrentAssetsLiabilitiesNet
-33782000 USD
CY2020Q1 cvi Increase Decreasein Current Assets Liabilities Net
IncreaseDecreaseinCurrentAssetsLiabilitiesNet
-32645000 USD
CY2021Q1 cvi Increase Decreasein Noncurrent Assets Liabilities Net
IncreaseDecreaseinNoncurrentAssetsLiabilitiesNet
1821000 USD
CY2020Q1 cvi Increase Decreasein Noncurrent Assets Liabilities Net
IncreaseDecreaseinNoncurrentAssetsLiabilitiesNet
585000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
25551000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
27707000 USD
CY2021Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
2994000 USD
CY2020Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
6710000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2020Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
48000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2994000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6662000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
529000 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-26000 USD
CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-25000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-555000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
22002000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
21020000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30559000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36994000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
52561000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58014000 USD
CY2021Q1 cvi Numberof Manufacturing Facilities
NumberofManufacturingFacilities
2 manufacturing_facility
CY2021Q1 cvi Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest Held By Public
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterestHeldByPublic
0.64
CY2020Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10000000 USD
CY2021Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10000000 USD
CY2021Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
24378 shares
CY2021Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
500000 USD
CY2021Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
21.70
CY2021Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
12400000 USD
CY2021Q1 us-gaap Basis Of Accounting
BasisOfAccounting
<div style="text-align:justify"><span style="color:#5b9a04;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(2) Basis of Presentation</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”). These condensed consolidated financial statements should be read in conjunction with the December 31, 2020 audited consolidated financial statements and notes thereto included in the 2020 Form 10-K.</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the opinion of the Partnership’s management, the accompanying condensed consolidated financial statements reflect all adjustments that are necessary for fair presentation of the financial position and results of operations of the Partnership for the periods presented. Such adjustments are of a normal recurring nature, unless otherwise disclosed. </span></div>The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses, and the disclosure of contingent assets and liabilities. Actual results could differ from those estimates. Results of operations and cash flows for the interim periods presented are not necessarily indicative of the results that will be realized for the year ending December 31, 2021 or any other interim or annual period.
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
24490000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
9815000 USD
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
100000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
152000 USD
CY2021Q1 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
32594000 USD
CY2020Q4 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
32382000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
57184000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
42349000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1453614000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1450892000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
570278000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
553045000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
883336000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
897847000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
916000 USD
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1111000 USD
CY2021Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
22000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
27000 USD
CY2021Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1000 USD
CY2020Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2000 USD
CY2021Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
160000 USD
CY2020Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
77000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M12D
CY2021Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y1M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y3M18D
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.051
CY2021Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.039
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.051
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.040
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2754000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
71000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
263000 USD
CY2021Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
37781000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
20949000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3236000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1367000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
684000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2021Q1 cvi Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
0 USD
CY2021Q1 cvi Lessee Finance Lease Liability To Be Paid After Year Four
LesseeFinanceLeaseLiabilityToBePaidAfterYearFour
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
8304000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
71000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
556000 USD
CY2021Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
7748000 USD
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
70000 USD
CY2021Q1 us-gaap Interest Payable Current
InterestPayableCurrent
17470000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
2506000 USD
CY2021Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5287000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7475000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3356000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3309000 USD
CY2021Q1 cvi Sales Incentive Payable Current
SalesIncentivePayableCurrent
2954000 USD
CY2020Q4 cvi Sales Incentive Payable Current
SalesIncentivePayableCurrent
2215000 USD
CY2021Q1 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
2313000 USD
CY2020Q4 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
442000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2310000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2240000 USD
CY2021Q1 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
138000 USD
CY2020Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
197000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3953000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2565000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
49000 USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-10054000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-11058000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
634946000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
633942000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2310000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2240000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
637256000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
636182000 USD
CY2021Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
100000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
60921000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
75080000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
6100000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3500000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2300000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
30631000 USD
CY2021Q1 cvi Contract With Customer Liability Increase From Contracts Entered During Period
ContractWithCustomerLiabilityIncreaseFromContractsEnteredDuringPeriod
20094000 USD
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-7505000 USD
CY2021Q1 cvi Contract With Customer Liability Revenue Recognized Contracts Entered During Period
ContractWithCustomerLiabilityRevenueRecognizedContractsEnteredDuringPeriod
-2800000 USD
CY2021Q1 cvi Contract With Customer Liability Other Changes
ContractWithCustomerLiabilityOtherChanges
-37000 USD
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
40383000 USD
CY2021Q1 cvi Contract With Customer Liability Payment Collected
ContractWithCustomerLiabilityPaymentCollected
18600000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-1000 USD
CY2021Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3592000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
-477000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
45000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
918000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1118000 USD
CY2021Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1000 USD
CY2020Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
2000 USD
CY2021Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
26000 USD
CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
25000 USD
CY2021Q1 cvi Increase Decrease In Accounts Payable Construction In Progress
IncreaseDecreaseInAccountsPayableConstructionInProgress
131000 USD
CY2020Q1 cvi Increase Decrease In Accounts Payable Construction In Progress
IncreaseDecreaseInAccountsPayableConstructionInProgress
-1117000 USD
CY2021Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
219000 USD
CY2020Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
540000 USD
CY2021Q1 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
6693000 USD
CY2020Q1 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
5938000 USD
CY2021Q1 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
-902000 USD
CY2021Q1 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
0
CY2020Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
-1446000 USD
CY2020 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
0
CY2021Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0

Files In Submission

Name View Source Status
0001425292-21-000021-index-headers.html Edgar Link pending
0001425292-21-000021-index.html Edgar Link pending
0001425292-21-000021.txt Edgar Link pending
0001425292-21-000021-xbrl.zip Edgar Link pending
cvi-20210331.htm Edgar Link pending
cvi-20210331.xsd Edgar Link pending
cvi-20210331_cal.xml Edgar Link unprocessable
cvi-20210331_def.xml Edgar Link unprocessable
cvi-20210331_g1.gif Edgar Link pending
cvi-20210331_g10.jpg Edgar Link pending
cvi-20210331_g11.jpg Edgar Link pending
cvi-20210331_g12.jpg Edgar Link pending
cvi-20210331_g13.jpg Edgar Link pending
cvi-20210331_g14.jpg Edgar Link pending
cvi-20210331_g15.jpg Edgar Link pending
cvi-20210331_g16.jpg Edgar Link pending
cvi-20210331_g17.jpg Edgar Link pending
cvi-20210331_g2.jpg Edgar Link pending
cvi-20210331_g3.jpg Edgar Link pending
cvi-20210331_g4.jpg Edgar Link pending
cvi-20210331_g5.jpg Edgar Link pending
cvi-20210331_g6.jpg Edgar Link pending
cvi-20210331_g7.jpg Edgar Link pending
cvi-20210331_g8.jpg Edgar Link pending
cvi-20210331_g9.jpg Edgar Link pending
cvi-20210331_htm.xml Edgar Link completed
cvi-20210331_lab.xml Edgar Link unprocessable
cvi-20210331_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
uanq12021exhibit311.htm Edgar Link pending
uanq12021exhibit312.htm Edgar Link pending
uanq12021exhibit313.htm Edgar Link pending
uanq12021exhibit314.htm Edgar Link pending
uanq12021exhibit321.htm Edgar Link pending