10-Q Filing

TEXAS PACIFIC LAND TRUST CIK: 97517 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0000097517-20-000056`
Period End Date	20200930
Filing Date	20201105
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	tpl-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 80 Cash Flow Statement 54 Comprehensive Income 4

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$11.31M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$21.62M	USD	Point-in-time
Less: accumulated depletion	`AccumulatedDepreciationRoyaltyInterests`	$260.00K	USD	Point-in-time
Less: accumulated depletion	`AccumulatedDepreciationRoyaltyInterests`	$582.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$303.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$315.76M	USD	Point-in-time
Accrued receivables, net	`OtherReceivables`	$62.99M	USD	Point-in-time
Certificates of proprietary interest, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$100.00	USD	Point-in-time
Certificates of proprietary interest, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$100.00	USD	Point-in-time
Accrued receivables, net	`OtherReceivables`	$41.17M	USD	Point-in-time
Other assets	`OtherAssets`	$3.87M	USD	Point-in-time
Certificates of proprietary interest, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other assets	`OtherAssets`	$3.98M	USD	Point-in-time
Certificates of proprietary interest, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $21,619 and $11,313 as of September 30, 2020 and December 31, 2019, respectively	`PropertyPlantAndEquipmentNet`	$88.32M	USD	Point-in-time
Sub-share certificates of proprietary interest, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.03	USD	Point-in-time
Sub-share certificates of proprietary interest, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.03	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $21,619 and $11,313 as of September 30, 2020 and December 31, 2019, respectively	`PropertyPlantAndEquipmentNet`	$82.33M	USD	Point-in-time
Sub-share certificates of proprietary interest, outstanding (in shares)	`CommonStockSharesOutstanding`	7.76M	shares	Point-in-time
Real estate acquired	`RealEstateGrossAtCarryingValue`	$109.73M	USD	Point-in-time
Sub-share certificates of proprietary interest, outstanding (in shares)	`CommonStockSharesOutstanding`	7.76M	shares	Point-in-time
Real estate acquired	`RealEstateGrossAtCarryingValue`	$107.08M	USD	Point-in-time
Royalty interests acquired, net of accumulated depletion of $582 and $260 as of September 30, 2020 and December 31, 2019, respectively	`TotalRoyaltyInterests`	$45.68M	USD	Point-in-time
Royalty interests acquired, net of accumulated depletion of $582 and $260 as of September 30, 2020 and December 31, 2019, respectively	`TotalRoyaltyInterests`	$29.06M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$3.10M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.63M	USD	Point-in-time
Total assets	`Assets`	$601.18M	USD	Point-in-time
Total assets	`Assets`	$598.18M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$19.19M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$15.85M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.72M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.27M	USD	Point-in-time
Deferred taxes payable	`DeferredIncomeTaxLiabilitiesNet`	$40.74M	USD	Point-in-time
Deferred taxes payable	`DeferredIncomeTaxLiabilitiesNet`	$40.83M	USD	Point-in-time
Unearned revenue	`ContractWithCustomerLiability`	$19.67M	USD	Point-in-time
Unearned revenue	`ContractWithCustomerLiability`	$17.38M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$3.37M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$2.98M	USD	Point-in-time
Total liabilities	`Liabilities`	$81.95M	USD	Point-in-time
Total liabilities	`Liabilities`	$86.04M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Certificates of Proprietary Interest, par value $100 each; none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Certificates of Proprietary Interest, par value $100 each; none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Sub-share Certificates in Certificates of Proprietary Interest, par value $0.0333 each; outstanding 7,756,156 Sub-share Certificates as of September 30, 2020 and December 31, 2019	`CommonStockValue`	-	USD	Point-in-time
Sub-share Certificates in Certificates of Proprietary Interest, par value $0.0333 each; outstanding 7,756,156 Sub-share Certificates as of September 30, 2020 and December 31, 2019	`CommonStockValue`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.46M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.42M	USD	Point-in-time
Net proceeds from all sources	`RetainedEarningsUnappropriated`	$513.60M	USD	Point-in-time
Net proceeds from all sources	`RetainedEarningsUnappropriated`	$520.65M	USD	Point-in-time
Total capital	`StockholdersEquity`	$519.23M	USD	Point-in-time
Total capital	`StockholdersEquity`	$512.14M	USD	Point-in-time
Total capital	`StockholdersEquity`	$443.43M	USD	Point-in-time
Total liabilities and capital	`LiabilitiesAndStockholdersEquity`	$598.18M	USD	Point-in-time
Total liabilities and capital	`LiabilitiesAndStockholdersEquity`	$601.18M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$377.16M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$228.25M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$98.53M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$74.38M	USD	1 Quarter
Salaries and related employee expenses	`LaborAndRelatedExpense`	$22.74M	USD	3 Qtrs
Salaries and related employee expenses	`LaborAndRelatedExpense`	$8.54M	USD	1 Quarter
Salaries and related employee expenses	`LaborAndRelatedExpense`	$27.23M	USD	3 Qtrs
Salaries and related employee expenses	`LaborAndRelatedExpense`	$7.68M	USD	1 Quarter
Water service-related expenses	`WaterProductionCosts`	$5.12M	USD	1 Quarter
Water service-related expenses	`WaterProductionCosts`	$15.42M	USD	3 Qtrs
Water service-related expenses	`WaterProductionCosts`	$2.26M	USD	1 Quarter
Water service-related expenses	`WaterProductionCosts`	$11.21M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.88M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$7.29M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.86M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.88M	USD	1 Quarter
Legal and professional fees	`ProfessionalFees`	$1.99M	USD	1 Quarter
Legal and professional fees	`ProfessionalFees`	$15.20M	USD	3 Qtrs
Legal and professional fees	`ProfessionalFees`	$6.96M	USD	3 Qtrs
Legal and professional fees	`ProfessionalFees`	$5.56M	USD	1 Quarter
Land sales expenses	`LandSalesExpense`	$2.77M	USD	3 Qtrs
Land sales expenses	`LandSalesExpense`	$67.00K	USD	1 Quarter
Land sales expenses	`LandSalesExpense`	$225.00K	USD	3 Qtrs
Land sales expenses	`LandSalesExpense`	-	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationAmortizationAndAccretionNet`	$3.76M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationAmortizationAndAccretionNet`	$10.77M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationAmortizationAndAccretionNet`	$2.63M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationAmortizationAndAccretionNet`	$5.29M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$65.75M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$24.71M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$66.23M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$17.64M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$162.02M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$311.41M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$73.82M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$56.75M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$1.29M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$1.77M	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$2.31M	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$941.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$74.76M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$313.18M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$58.03M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$164.32M	USD	3 Qtrs
Current	`CurrentIncomeTaxExpenseBenefit`	$9.92M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$11.15M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$33.15M	USD	3 Qtrs
Current	`CurrentIncomeTaxExpenseBenefit`	$43.48M	USD	3 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$4.82M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$614.00K	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$-86.00K	USD	3 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$20.09M	USD	3 Qtrs
Total income tax expense	`IncomeTaxExpenseBenefit`	$14.74M	USD	1 Quarter
Total income tax expense	`IncomeTaxExpenseBenefit`	$11.76M	USD	1 Quarter
Total income tax expense	`IncomeTaxExpenseBenefit`	$63.58M	USD	3 Qtrs
Total income tax expense	`IncomeTaxExpenseBenefit`	$33.07M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$131.26M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$249.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$46.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.02M	USD	1 Quarter
Other comprehensive income periodic pension costs, net of income taxes of $4, $2, $11 and $7, respectively	`OtherComprehensiveIncomeLossNetOfTax`	$9.00K	USD	1 Quarter
Other comprehensive income periodic pension costs, net of income taxes of $4, $2, $11 and $7, respectively	`OtherComprehensiveIncomeLossNetOfTax`	$27.00K	USD	3 Qtrs
Other comprehensive income periodic pension costs, net of income taxes of $4, $2, $11 and $7, respectively	`OtherComprehensiveIncomeLossNetOfTax`	$40.00K	USD	3 Qtrs
Other comprehensive income periodic pension costs, net of income taxes of $4, $2, $11 and $7, respectively	`OtherComprehensiveIncomeLossNetOfTax`	$13.00K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$249.63M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$131.30M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$60.03M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$46.29M	USD	1 Quarter
Weighted average number of Sub-share Certificates outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.76M	shares	1 Quarter
Weighted average number of Sub-share Certificates outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.76M	shares	3 Qtrs
Weighted average number of Sub-share Certificates outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.76M	shares	1 Quarter
Weighted average number of Sub-share Certificates outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.76M	shares	3 Qtrs
Net income per Sub-share Certificate basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$7.74	USD	1 Quarter
Net income per Sub-share Certificate basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$5.97	USD	1 Quarter
Net income per Sub-share Certificate basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$16.92	USD	3 Qtrs
Net income per Sub-share Certificate basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$32.18	USD	3 Qtrs
Cash dividends per Sub-share Certificate (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Cash dividends per Sub-share Certificate (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$16.00	USD	3 Qtrs
Cash dividends per Sub-share Certificate (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$6.00	USD	3 Qtrs
Cash dividends per Sub-share Certificate (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$131.26M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$249.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$46.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.02M	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$86.00K	USD	3 Qtrs
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-20.09M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$5.29M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$3.76M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$10.77M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$2.63M	USD	1 Quarter
Land sales revenue recognized on land exchanges	`RevenueRecognizedOnLandExchange`	-	USD	3 Qtrs
Land sales revenue recognized on land exchanges	`RevenueRecognizedOnLandExchange`	$1.42M	USD	3 Qtrs
Operating assets, excluding income taxes	`IncreaseDecreaseInOtherOperatingAssets`	$-24.88M	USD	3 Qtrs
Operating assets, excluding income taxes	`IncreaseDecreaseInOtherOperatingAssets`	$18.28M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-9.40M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	-	USD	3 Qtrs
Operating liabilities, excluding income taxes	`IncreaseDecreaseInOtherOperatingLiabilities`	$15.36M	USD	3 Qtrs
Operating liabilities, excluding income taxes	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.40M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.76M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.56M	USD	3 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$284.22M	USD	3 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$161.45M	USD	3 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$117.00K	USD	3 Qtrs
Acquisition of land	`PaymentsToAcquireRealEstate`	$74.41M	USD	3 Qtrs
Acquisition of land	`PaymentsToAcquireRealEstate`	$3.97M	USD	3 Qtrs
Acquisition of royalty interests	`PaymentsToAcquireRoyaltyInterestsInMiningProperties`	$16.95M	USD	3 Qtrs
Acquisition of royalty interests	`PaymentsToAcquireRoyaltyInterestsInMiningProperties`	$5.02M	USD	3 Qtrs
Purchase of fixed assets	`PaymentsToAcquireEquipmentAndOtherAcquisitionOfRealEstate`	$27.58M	USD	3 Qtrs
Purchase of fixed assets	`PaymentsToAcquireEquipmentAndOtherAcquisitionOfRealEstate`	$4.33M	USD	3 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.24M	USD	3 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-106.89M	USD	3 Qtrs
Purchase of Sub-share Certificates in Certificates of Proprietary Interest	`PaymentsForRepurchaseOfCommonStock`	$4.35M	USD	3 Qtrs
Purchase of Sub-share Certificates in Certificates of Proprietary Interest	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$124.10M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$46.55M	USD	3 Qtrs
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-124.10M	USD	3 Qtrs
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-50.90M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$126.44M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$12.11M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.88M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$303.64M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$123.45M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$315.76M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.88M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$303.64M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$123.45M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$315.76M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaidNet`	$35.72M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$31.34M	USD	3 Qtrs
Operating lease right-of-use assets	`NoncashOrPartNoncashAcquisitionOperatingLeaseRightOfUseAssets`	-	USD	3 Qtrs
Operating lease right-of-use assets	`NoncashOrPartNoncashAcquisitionOperatingLeaseRightOfUseAssets`	$3.71M	USD	3 Qtrs
Land exchange	`LandExchange`	-	USD	3 Qtrs
Land exchange	`LandExchange`	$1.42M	USD	3 Qtrs

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income - periodic pension costs	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$11.00K	USD	3 Qtrs
Other comprehensive income - periodic pension costs	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$2.00K	USD	1 Quarter
Other comprehensive income - periodic pension costs	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$7.00K	USD	3 Qtrs
Other comprehensive income - periodic pension costs	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$4.00K	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.