$WLKP
Westlake Chemical Partners LP

2016 Form 10-K Financial Statement

#000160466517000008 Filed on March 07, 2017

View on sec.gov

Income Statement

Concept 2016 2015 Q4 2015 Q3
Revenue $986.7M $248.5M $248.6M
YoY Change -2.03% -9.15% -36.58%
Cost Of Revenue $595.4M $150.5M $154.5M
YoY Change -4.63% -12.3% -31.95%
Gross Profit $391.3M $97.98M $94.15M
YoY Change 2.21% -3.9% -42.94%
Gross Profit Margin 39.66% 39.43% 37.87%
Selling, General & Admin $24.89M $5.700M $5.831M
YoY Change 5.68% -12.31% -34.19%
% of Gross Profit 6.36% 5.82% 6.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $98.21M $20.60M $16.23M
YoY Change 20.93% 7.85% 8.93%
% of Gross Profit 25.1% 21.02% 17.24%
Operating Expenses $24.89M $5.700M $5.831M
YoY Change 5.68% -10.94% -34.19%
Operating Profit $366.4M $92.26M $88.31M
YoY Change 1.98% -3.4% -43.44%
Interest Expense -$12.60M -$1.200M -$1.100M
YoY Change 152.0% 71.43% -47.62%
% of Operating Profit -3.44% -1.3% -1.25%
Other Income/Expense, Net $601.0K $200.0K -$73.00K
YoY Change 275.63% -115.02%
Pretax Income $354.4M $91.30M $87.19M
YoY Change -0.02% -3.79% -43.56%
Income Tax $1.035M $100.0K $141.0K
% Of Pretax Income 0.29% 0.11% 0.16%
Net Earnings $40.94M $10.79M $10.10M
YoY Change 2.78% -88.52% -91.45%
Net Earnings / Revenue 4.15% 4.34% 4.06%
Basic Earnings Per Share
Diluted Earnings Per Share $1.509M $398.5K $372.7K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2016 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $88.90M $169.6M $154.3M
YoY Change -47.58% 26.76% 71.44%
Cash & Equivalents $88.90M $169.6M $154.3M
Short-Term Investments
Other Short-Term Assets $300.0K $300.0K $400.0K
YoY Change 0.0% 50.0% 33.33%
Inventory $3.900M $3.879M $3.272M
Prepaid Expenses
Receivables $138.3M $51.60M $58.50M
Other Receivables $800.0K $0.00 $0.00
Total Short-Term Assets $232.2M $225.3M $216.4M
YoY Change 3.06% 14.57% 40.58%
LONG-TERM ASSETS
Property, Plant & Equipment $1.222B $1.020B $962.2M
YoY Change 19.76% 21.19% 19.29%
Goodwill $5.814M $5.814M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $95.00M $44.59M $46.54M
YoY Change 144.85% -22.76% -24.54%
Total Long-Term Assets $1.323B $1.065B $1.009B
YoY Change 24.23% 18.37% 16.17%
TOTAL ASSETS
Total Short-Term Assets $232.2M $225.3M $216.4M
Total Long-Term Assets $1.323B $1.065B $1.009B
Total Assets $1.555B $1.290B $1.225B
YoY Change 20.53% 17.69% 19.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.10M $18.74M $24.87M
YoY Change -35.57% 48.54% 93.9%
Accrued Expenses $15.70M $23.41M $22.35M
YoY Change -32.91% 96.7% 458.94%
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 $37.80M $57.69M $56.51M
YoY Change -34.49% 80.38% 61.68%
LONG-TERM LIABILITIES
Long-Term Debt $594.6M $384.0M $330.5M
YoY Change 54.84% 68.72% 75.33%
Other Long-Term Liabilities $100.0K $90.00K $219.0K
YoY Change 0.0% 500.0% 4280.0%
Total Long-Term Liabilities $594.7M $90.00K $219.0K
YoY Change 54.83% 500.0% 4280.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $37.80M $57.69M $56.51M
Total Long-Term Liabilities $594.7M $90.00K $219.0K
Total Liabilities $1.453B $443.2M $388.7M
YoY Change 21.69% 69.49% 72.77%
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 $102.5M $96.60M $93.40M
YoY Change
Total Liabilities & Shareholders Equity $1.555B $1.290B $1.225B
YoY Change 20.53% 17.69% 19.85%

Cashflow Statement

Concept 2016 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income $40.94M $10.79M $10.10M
YoY Change 2.78% -88.52% -91.45%
Depreciation, Depletion And Amortization $98.21M $20.60M $16.23M
YoY Change 20.93% 7.85% 8.93%
Cash From Operating Activities $287.7M $121.3M $101.3M
YoY Change -36.42% 2.8% -5.42%
INVESTING ACTIVITIES
Capital Expenditures $299.6M -$78.60M -$57.10M
YoY Change 29.61% 34.36% 49.87%
Acquisitions
YoY Change
Other Investing Activities $200.0K $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$299.5M -$78.60M -$57.10M
YoY Change 29.54% 34.36% 50.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$68.90M -27.40M -27.30M
YoY Change -62.86% 73.42% -230.62%
NET CHANGE
Cash From Operating Activities $287.7M 121.3M 101.3M
Cash From Investing Activities -$299.5M -78.60M -57.10M
Cash From Financing Activities -$68.90M -27.40M -27.30M
Net Change In Cash -$80.66M 15.30M 16.90M
YoY Change -325.25% -64.99% -81.22%
FREE CASH FLOW
Cash From Operating Activities $287.7M $121.3M $101.3M
Capital Expenditures $299.6M -$78.60M -$57.10M
Free Cash Flow -$11.91M $199.9M $158.4M
YoY Change -105.38% 13.26% 9.09%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2016 dei Amendment Flag
AmendmentFlag
false
CY2016 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2016 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2016 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016 dei Document Period End Date
DocumentPeriodEndDate
2016-12-31
CY2016 dei Document Type
DocumentType
10-K
CY2016 dei Entity Central Index Key
EntityCentralIndexKey
0001604665
CY2016 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2016 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2016Q2 dei Entity Public Float
EntityPublicFloat
253600000 USD
CY2016 dei Entity Registrant Name
EntityRegistrantName
WESTLAKE CHEMICAL PARTNERS LP
CY2016 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
18737000 USD
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
9930000 USD
CY2015Q4 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
15550000 USD
CY2016Q4 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
12130000 USD
CY2015Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
12097000 USD
CY2016Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
11913000 USD
CY2015Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
39655000 USD
CY2016Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
126977000 USD
CY2015Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
23407000 USD
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
15717000 USD
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
601980000 USD
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
644070000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
280000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
200000 USD
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2105000 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
170000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
564000 USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
170000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
564000 USD
CY2014 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-2170000 USD
CY2015 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
0 USD
CY2016 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
0 USD
CY2015Q4 us-gaap Assets
Assets
1290349000 USD
CY2016Q4 us-gaap Assets
Assets
1555228000 USD
CY2015Q4 us-gaap Assets Current
AssetsCurrent
225287000 USD
CY2016Q4 us-gaap Assets Current
AssetsCurrent
232165000 USD
CY2015Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
16124000 USD
CY2016Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
16757000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
133750000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
169559000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
88900000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
35809000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-80659000 USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
40111000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
40860000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
314022000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
312463000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
0 USD
CY2015 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
354133000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
353323000 USD
CY2015Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
307288000 USD
CY2016Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
87019000 USD
CY2015 us-gaap Cost Of Goods Sold
CostOfGoodsSold
624339000 USD
CY2016 us-gaap Cost Of Goods Sold
CostOfGoodsSold
595405000 USD
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
800000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1128000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
691000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
800000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1128000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
691000 USD
CY2015Q4 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
38779000 USD
CY2016Q4 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
95011000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
265000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-456000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
344000 USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
265000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-456000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
344000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1392000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1736000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Deferred Expense Other Capitalized Costs
DeferredTaxLiabilitiesDeferredExpenseOtherCapitalizedCosts
101000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Deferred Expense Other Capitalized Costs
DeferredTaxLiabilitiesDeferredExpenseOtherCapitalizedCosts
248000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1392000 USD
us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
0 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1736000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1291000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1488000 USD
CY2014 us-gaap Depreciation
Depreciation
60004000 USD
CY2015 us-gaap Depreciation
Depreciation
64369000 USD
CY2016 us-gaap Depreciation
Depreciation
77444000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
81210000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
98210000 USD
CY2015 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
0 USD
CY2016 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
0 USD
CY2015Q4 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
0 derivative
CY2016Q4 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
0 derivative
CY2014 us-gaap Distributed Earnings
DistributedEarnings
12052000 USD
CY2015 us-gaap Distributed Earnings
DistributedEarnings
31966000 USD
CY2016 us-gaap Distributed Earnings
DistributedEarnings
36081000 USD
CY2015 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
31074000 USD
CY2016 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
34937000 USD
us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
0.45
CY2015 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
1.15
CY2016 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
1.29
CY2015Q4 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
384006000 USD
CY2016Q4 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
594629000 USD
CY2016 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y11M16D
CY2015 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1812000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-3021000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
5814000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
5814000 USD
CY2015Q4 us-gaap Goodwill Gross
GoodwillGross
5814000 USD
CY2016Q4 us-gaap Goodwill Gross
GoodwillGross
5814000 USD
CY2015Q1 us-gaap Gross Profit
GrossProfit
96227000 USD
CY2015Q2 us-gaap Gross Profit
GrossProfit
94528000 USD
CY2015Q3 us-gaap Gross Profit
GrossProfit
94145000 USD
CY2015Q4 us-gaap Gross Profit
GrossProfit
97982000 USD
CY2015 us-gaap Gross Profit
GrossProfit
382882000 USD
CY2016Q1 us-gaap Gross Profit
GrossProfit
110414000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
88381000 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
86801000 USD
CY2016Q4 us-gaap Gross Profit
GrossProfit
105735000 USD
CY2016 us-gaap Gross Profit
GrossProfit
391331000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
354525000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
354438000 USD
CY2015 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
0 USD
CY2016 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1065000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
672000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1035000 USD
us-gaap Limited Partners Capital Account Distribution Amount
LimitedPartnersCapitalAccountDistributionAmount
4611000 USD
CY2015 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
0 USD
CY2016 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
0 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
52343000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
124083000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
124054000 USD
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
0 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
0 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
0 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1065000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
672000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1035000 USD
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
52343000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
124083000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
124054000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
1264000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
633000 USD
CY2015 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-25424000 USD
CY2016 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
552000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
836000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2175000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
11836000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
90742000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2317000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3791000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2755000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
55000 USD
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3488000 USD
CY2016 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
77911000 USD
CY2014 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2638000 USD
CY2015 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
5116000 USD
CY2016 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
5961000 USD
CY2015 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
4967000 USD
CY2016 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
12607000 USD
CY2014 us-gaap Interest Paid Net
InterestPaidNet
1366000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
9538000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
9901000 USD
CY2015Q4 us-gaap Interest Payable Current
InterestPayableCurrent
2879000 USD
CY2016Q4 us-gaap Interest Payable Current
InterestPayableCurrent
5517000 USD
CY2015Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
3527000 USD
CY2016Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
3610000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
3879000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
3934000 USD
CY2015Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
352000 USD
CY2016Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
324000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
443182000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1290349000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1555228000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
57694000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
37777000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
634265000 USD
CY2015 us-gaap Limited Partners Capital Account Distribution Amount
LimitedPartnersCapitalAccountDistributionAmount
31074000 USD
CY2016 us-gaap Limited Partners Capital Account Distribution Amount
LimitedPartnersCapitalAccountDistributionAmount
34937000 USD
CY2015Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.033
CY2015Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1231684000 USD
CY2016Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1690317000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
51655000 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
310842000 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
244590000 USD
CY2015Q4 us-gaap Minority Interest In Limited Partnerships
MinorityInterestInLimitedPartnerships
750606000 USD
CY2016Q4 us-gaap Minority Interest In Limited Partnerships
MinorityInterestInLimitedPartnerships
818479000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-185548000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-68904000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-231185000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-299481000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
452542000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
287726000 USD
us-gaap Net Income Loss
NetIncomeLoss
13577000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
13577000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
8500000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
10443000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
10103000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
10785000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
39831000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
12084000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
9344000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
8661000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
10851000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
40940000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
134909000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
314022000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
312463000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
160000 USD
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
601000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
90227000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
88533000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
88314000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
92258000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
359332000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
104317000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
82533000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
81013000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
98581000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
366444000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
4700000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1144000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
656000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
771000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
839000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
907000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
383000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
3558000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
3125000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2542000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
44593000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
100825000 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
280000 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-80000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
280000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-80000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-195000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-336000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
85000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-416000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
90000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
123000 USD
CY2015Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
0 USD
CY2016Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
736000 USD
CY2015 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
172303000 USD
CY2016 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
133017000 USD
CY2015Q4 us-gaap Partners Capital
PartnersCapital
96561000 USD
CY2016Q4 us-gaap Partners Capital
PartnersCapital
102484000 USD
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
448101000 USD
us-gaap Partners Capital Account Public Sale Of Units
PartnersCapitalAccountPublicSaleOfUnits
286088000 USD
CY2013Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
455432000 USD
CY2014Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
834950000 USD
CY2015Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
847167000 USD
CY2016Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
920963000 USD
CY2014Q3 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
608371000 USD
CY2015 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
0 USD
CY2016 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
0 USD
CY2015 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 USD
CY2016 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 USD
CY2015 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
CY2016 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
231185000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
299638000 USD
CY2015 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
310842000 USD
CY2016 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
244590000 USD
CY2015Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
267000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
269000 USD
CY2015 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
0 USD
CY2016 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
0 USD
CY2015 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
291709000 USD
CY2016 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
212175000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
157000 USD
us-gaap Profit Loss
ProfitLoss
361334000 USD
us-gaap Profit Loss
ProfitLoss
148486000 USD
CY2015Q1 us-gaap Profit Loss
ProfitLoss
88389000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
87243000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
87046000 USD
CY2015Q4 us-gaap Profit Loss
ProfitLoss
91175000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
353853000 USD
CY2016Q1 us-gaap Profit Loss
ProfitLoss
102771000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
81192000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
75859000 USD
CY2016Q4 us-gaap Profit Loss
ProfitLoss
93581000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
353403000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1020469000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1222238000 USD
CY2015Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
67353000 USD
CY2016Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
72215000 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
65000 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
170000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
394000 USD
CY2015Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
11927000 USD
CY2016Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
12085000 USD
CY2014 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
CY2015 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
135341000 USD
CY2016 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
1552000 USD
CY2015 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
834918000 USD
CY2016 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
853719000 USD
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
258391000 USD
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
251705000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
248619000 USD
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
248506000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
1007221000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
252604000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
210841000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
229354000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
293937000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
986736000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
23550000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
24887000 USD
CY2014 us-gaap Undistributed Earnings
UndistributedEarnings
1525000 USD
CY2015 us-gaap Undistributed Earnings
UndistributedEarnings
7865000 USD
CY2016Q4 wlkp Accumulated Amortization Noncurrent Assets Other
AccumulatedAmortizationNoncurrentAssetsOther
3187000 USD
CY2015Q4 wlkp Accumulated Amortization Total Deferred Chargesand Other Assets Non Current
AccumulatedAmortizationTotalDeferredChargesandOtherAssetsNonCurrent
70387000 USD
CY2016Q4 wlkp Accumulated Amortization Total Deferred Chargesand Other Assets Non Current
AccumulatedAmortizationTotalDeferredChargesandOtherAssetsNonCurrent
68455000 USD
CY2015Q4 wlkp Accumulated Amortization Turnaround Costs
AccumulatedAmortizationTurnaroundCosts
67767000 USD
CY2015 wlkp Increase Decreasein Capital Expenditure Accrual
IncreaseDecreaseinCapitalExpenditureAccrual
14552000 USD
CY2016 wlkp Increase Decreasein Capital Expenditure Accrual
IncreaseDecreaseinCapitalExpenditureAccrual
-18113000 USD
CY2016 us-gaap Undistributed Earnings
UndistributedEarnings
4859000 USD
CY2014 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
27059730 shares
CY2015 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
27059730 shares
CY2016 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
27059730 shares
CY2015Q4 wlkp Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
14745000 USD
CY2016Q4 wlkp Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
2647000 USD
CY2015Q4 wlkp Interest Rate Contract Gross
InterestRateContractGross
436000 USD
CY2015Q4 wlkp Accrued Maintenance Expense Current
AccruedMaintenanceExpenseCurrent
2949000 USD
CY2016Q4 wlkp Accrued Maintenance Expense Current
AccruedMaintenanceExpenseCurrent
2586000 USD
CY2015Q4 wlkp Accumulated Amortization Noncurrent Assets Other
AccumulatedAmortizationNoncurrentAssetsOther
2620000 USD
CY2016Q4 wlkp Interest Rate Contract Gross
InterestRateContractGross
290000 USD
CY2015Q4 wlkp Interest Rate Contract Net
InterestRateContractNet
436000 USD
CY2016Q4 wlkp Accumulated Amortization Turnaround Costs
AccumulatedAmortizationTurnaroundCosts
65268000 USD
CY2016Q4 wlkp Discounted Cash Flow Methodology Asset Impairment Number Of Years Forecasted
DiscountedCashFlowMethodologyAssetImpairmentNumberOfYearsForecasted
P9Y
CY2016 wlkp Discounted Cash Flow Methodology Goodwill Impairment Cash Flow Percentage Decrease Without Impairment
DiscountedCashFlowMethodologyGoodwillImpairmentCashFlowPercentageDecreaseWithoutImpairment
0.10
CY2016Q4 wlkp Discounted Cash Flow Methodology Goodwill Impairment Discount Rate
DiscountedCashFlowMethodologyGoodwillImpairmentDiscountRate
0.088
CY2016 wlkp Finite Lived Intangible Assets Amortization Period Maximum
FiniteLivedIntangibleAssetsAmortizationPeriodMaximum
P15Y
CY2016 wlkp Finite Lived Intangible Assets Amortization Period Minimum
FiniteLivedIntangibleAssetsAmortizationPeriodMinimum
P5Y
CY2015 wlkp Increase Decrease In Prepaid Expenses And Other Current Assets
IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets
-55000 USD
CY2016 wlkp Increase Decrease In Prepaid Expenses And Other Current Assets
IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets
-2000 USD
CY2014 wlkp Increase Decreasein Capital Expenditure Accrual
IncreaseDecreaseinCapitalExpenditureAccrual
418000 USD
CY2016Q4 wlkp Interest Rate Contract Net
InterestRateContractNet
290000 USD
wlkp Noncontrolling Interest Decreasefrom Distributionsto Noncontrolling Interest Holders Reimbursement
NoncontrollingInterestDecreasefromDistributionstoNoncontrollingInterestHoldersReimbursement
151729000 USD
CY2015Q4 wlkp Noncurrent Assets Other Gross
NoncurrentAssetsOtherGross
8710000 USD
CY2016Q4 wlkp Noncurrent Assets Other Gross
NoncurrentAssetsOtherGross
8723000 USD
CY2015Q4 wlkp Noncurrent Assets Other Net
NoncurrentAssetsOtherNet
6090000 USD
CY2016Q4 wlkp Noncurrent Assets Other Net
NoncurrentAssetsOtherNet
5536000 USD
CY2015Q4 wlkp Other Assets Noncurrent Accumulated Amortization
OtherAssetsNoncurrentAccumulatedAmortization
70387000 USD
CY2016Q4 wlkp Other Assets Noncurrent Accumulated Amortization
OtherAssetsNoncurrentAccumulatedAmortization
68455000 USD
CY2015Q4 wlkp Other Assets Noncurrent Gross
OtherAssetsNoncurrentGross
114980000 USD
CY2016Q4 wlkp Other Assets Noncurrent Gross
OtherAssetsNoncurrentGross
169280000 USD
wlkp Partners Capital Predecessor Net Liabilities Not Assumed By Subsidiary
PartnersCapitalPredecessorNetLiabilitiesNotAssumedBySubsidiary
239706000 USD
CY2014Q3 wlkp Paymentsof Unit Issuance Costs
PaymentsofUnitIssuanceCosts
24412000 USD
CY2016 wlkp Percentage Paid Of Minimum Quarterly Distribution Ending Subordination Period
PercentagePaidOfMinimumQuarterlyDistributionEndingSubordinationPeriod
1.5
CY2016 wlkp Plant And Equipment Planned Major Maintenance Activities Amortization Period Maximum
PlantAndEquipmentPlannedMajorMaintenanceActivitiesAmortizationPeriodMaximum
P6Y
CY2016 wlkp Plant And Equipment Planned Major Maintenance Activities Amortization Period Minimum
PlantAndEquipmentPlannedMajorMaintenanceActivitiesAmortizationPeriodMinimum
P3Y
CY2015Q4 wlkp Property Plant And Equipment Gross Excluding Construction In Progress
PropertyPlantAndEquipmentGrossExcludingConstructionInProgress
1315161000 USD
CY2016Q4 wlkp Property Plant And Equipment Gross Excluding Construction In Progress
PropertyPlantAndEquipmentGrossExcludingConstructionInProgress
1779289000 USD
CY2015Q4 wlkp Property Plant And Equipment Net Excluding Construction In Progress
PropertyPlantAndEquipmentNetExcludingConstructionInProgress
713181000 USD
CY2016Q4 wlkp Property Plant And Equipment Net Excluding Construction In Progress
PropertyPlantAndEquipmentNetExcludingConstructionInProgress
1135219000 USD
CY2015 wlkp Repaymentofrelatedpartydebtwithproceedsfromtheinitialpublicoffering
Repaymentofrelatedpartydebtwithproceedsfromtheinitialpublicoffering
0 USD
CY2016 wlkp Repaymentofrelatedpartydebtwithproceedsfromtheinitialpublicoffering
Repaymentofrelatedpartydebtwithproceedsfromtheinitialpublicoffering
0 USD
CY2016 wlkp Threshold Period Past Due Accounts Receivable Reviewed
ThresholdPeriodPastDueAccountsReceivableReviewed
P90D
CY2015Q4 wlkp Total Deferred Chargesand Other Assets Non Current Net
TotalDeferredChargesandOtherAssetsNonCurrentNet
38779000 USD
CY2016Q4 wlkp Total Deferred Chargesand Other Assets Non Current Net
TotalDeferredChargesandOtherAssetsNonCurrentNet
95011000 USD
CY2015Q4 wlkp Total Deferred Chargesand Other Assets Noncurrent Gross
TotalDeferredChargesandOtherAssetsNoncurrentGross
109166000 USD
CY2016Q4 wlkp Total Deferred Chargesand Other Assets Noncurrent Gross
TotalDeferredChargesandOtherAssetsNoncurrentGross
163466000 USD
CY2015Q4 wlkp Trade Customer Receivable Net Current
TradeCustomerReceivableNetCurrent
11927000 USD
CY2016Q4 wlkp Trade Customer Receivable Net Current
TradeCustomerReceivableNetCurrent
11349000 USD
CY2015Q4 wlkp Turnaround Costs Gross
TurnaroundCostsGross
100020000 USD
CY2016Q4 wlkp Turnaround Costs Gross
TurnaroundCostsGross
154453000 USD
CY2015Q4 wlkp Turnaround Costs Net
TurnaroundCostsNet
32253000 USD
CY2016Q4 wlkp Turnaround Costs Net
TurnaroundCostsNet
89185000 USD
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Credit Risk</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments which potentially subject the Partnership to concentration of risk consist principally of trade receivables from third-party customers who purchase ethylene and ethylene co-products. The Partnership performs periodic credit evaluations, as applicable, of the customers' financial condition and generally does not require collateral. The Partnership maintains allowances for potential losses, as applicable.</font></div></div>
CY2016 us-gaap Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure
RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue is recognized when persuasive evidence of an arrangement exists, products are delivered to the customer, the sales price is fixed or determinable, and collectibility is reasonably assured. Title and risk of loss passes to the customer upon delivery under executed customer purchase orders or contracts. Provisions for discounts, rebates and returns are provided for in the same period as the related sales are recorded.</font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make 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.</font></div></div>

Files In Submission

Name View Source Status
0001604665-17-000008-index-headers.html Edgar Link pending
0001604665-17-000008-index.html Edgar Link pending
0001604665-17-000008.txt Edgar Link pending
0001604665-17-000008-xbrl.zip Edgar Link pending
a12311610-kwlkppartnership.htm Edgar Link pending
ex101012311610k.htm Edgar Link pending
ex101112311610k.htm Edgar Link pending
ex102012311610k.htm Edgar Link pending
ex21112311610k.htm Edgar Link pending
ex23112311610k.htm Edgar Link pending
ex31112311610k.htm Edgar Link pending
ex31212311610k.htm Edgar Link pending
ex32112311610k.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx 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
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wlkp-20161231.xml Edgar Link completed
wlkp-20161231.xsd Edgar Link pending
wlkp-20161231_cal.xml Edgar Link unprocessable
wlkp-20161231_def.xml Edgar Link unprocessable
wlkp-20161231_lab.xml Edgar Link unprocessable
wlkp-20161231_pre.xml Edgar Link unprocessable
wlkp_ownershipa01.jpg Edgar Link pending