10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001163609-17-000018 |
| Period End Date | 20170331 |
| Filing Date | 20170512 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | sdsp-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
52 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$18.39M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$388.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$124.14K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$11.65M | USD | Point-in-time |
| Trade accounts receivable |
AccountsReceivableNetCurrent
|
$20.35M | USD | Point-in-time |
| Trade accounts receivable |
AccountsReceivableNetCurrent
|
$19.34M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$32.39M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$28.16M | USD | Point-in-time |
| Margin deposits |
MarginDepositAssets
|
$4.29M | USD | Point-in-time |
| Margin deposits |
MarginDepositAssets
|
$2.40M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$1.16M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$1.46M | USD | Point-in-time |
| Notes, Loans and Financing Receivable, Gross, Current |
NotesAndLoansReceivableGrossCurrent
|
$1.25M | USD | Point-in-time |
| Notes, Loans and Financing Receivable, Gross, Current |
NotesAndLoansReceivableGrossCurrent
|
$2.00M | USD | Point-in-time |
| Notes, Loans and Financing Receivable, Gross, Current |
NotesAndLoansReceivableGrossCurrent
|
$2.00M | USD | Point-in-time |
| Notes, Loans and Financing Receivable, Gross, Current |
NotesAndLoansReceivableGrossCurrent
|
$750.00K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$70.26M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$55.08M | USD | Point-in-time |
| Property and equipment |
PropertyPlantAndEquipmentGross
|
$89.83M | USD | Point-in-time |
| Property and equipment |
PropertyPlantAndEquipmentGross
|
$91.63M | USD | Point-in-time |
| Less accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$45.08M | USD | Point-in-time |
| Less accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$45.88M | USD | Point-in-time |
| Total property and equipment, net |
PropertyPlantAndEquipmentNet
|
$44.75M | USD | Point-in-time |
| Total property and equipment, net |
PropertyPlantAndEquipmentNet
|
$45.74M | USD | Point-in-time |
| Other Long-term Investments |
OtherLongTermInvestments
|
$6.23M | USD | Point-in-time |
| Other Long-term Investments |
OtherLongTermInvestments
|
$6.24M | USD | Point-in-time |
| Total assets |
Assets
|
$121.24M | USD | Point-in-time |
| Total assets |
Assets
|
$107.06M | USD | Point-in-time |
| Excess of outstanding checks over bank balance |
BankOverdrafts
|
$6.64M | USD | Point-in-time |
| Excess of outstanding checks over bank balance |
BankOverdrafts
|
$4.19M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
$59.56K | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
$59.56K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.46M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.08M | USD | Point-in-time |
| Accrued commodity purchases |
AccruedCommodityPurchasesCurrent
|
$20.95M | USD | Point-in-time |
| Accrued commodity purchases |
AccruedCommodityPurchasesCurrent
|
$35.69M | USD | Point-in-time |
| Accrued expenses |
OtherAccruedLiabilitiesCurrent
|
$2.38M | USD | Point-in-time |
| Accrued expenses |
OtherAccruedLiabilitiesCurrent
|
$1.97M | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$201.47K | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$157.24K | USD | Point-in-time |
| Deferred liabilities - current |
DeferredRevenueAndCreditsCurrent
|
$266.65K | USD | Point-in-time |
| Deferred liabilities - current |
DeferredRevenueAndCreditsCurrent
|
$2.03M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$48.46M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$28.68M | USD | Point-in-time |
| Long-term debt, net of current maturities and unamortized debt issuance costs |
LongTermDebtNoncurrent
|
$724.03K | USD | Point-in-time |
| Long-term debt, net of current maturities and unamortized debt issuance costs |
LongTermDebtNoncurrent
|
$13.50M | USD | Point-in-time |
| Commitments and contingencies (Notes 6, 7,11 and 12) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Notes 6, 7,11 and 12) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Class A Units, no par value, 30,419,000 units issued and outstanding at March 31, 2016 and December 31, 2015 |
CapitalUnitsNetAmount
|
$72.05M | USD | Point-in-time |
| Class A Units, no par value, 30,419,000 units issued and outstanding at March 31, 2016 and December 31, 2015 |
CapitalUnitsNetAmount
|
$64.89M | USD | Point-in-time |
| Total liabilities and members' equity |
LiabilitiesAndStockholdersEquity
|
$107.06M | USD | Point-in-time |
| Total liabilities and members' equity |
LiabilitiesAndStockholdersEquity
|
$121.24M | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenues |
SalesRevenueNet
|
$94.76M | USD | 1 Quarter |
| Net revenues |
SalesRevenueNet
|
$84.70M | USD | 1 Quarter |
| Cost of product sold |
CostOfGoodsSoldDirectMaterials
|
$77.72M | USD | 1 Quarter |
| Cost of product sold |
CostOfGoodsSoldDirectMaterials
|
$66.84M | USD | 1 Quarter |
| Production |
ProductionCost
|
$5.98M | USD | 1 Quarter |
| Production |
ProductionCost
|
$5.62M | USD | 1 Quarter |
| Freight and rail |
ShippingHandlingAndTransportationCosts
|
$8.76M | USD | 1 Quarter |
| Freight and rail |
ShippingHandlingAndTransportationCosts
|
$8.30M | USD | 1 Quarter |
| Brokerage fees |
BrokerageFees
|
$163.35K | USD | 1 Quarter |
| Brokerage fees |
BrokerageFees
|
$185.44K | USD | 1 Quarter |
| Total cost of revenues |
CostOfRevenue
|
$92.18M | USD | 1 Quarter |
| Total cost of revenues |
CostOfRevenue
|
$81.39M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$2.58M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$3.31M | USD | 1 Quarter |
| Administration |
GeneralAndAdministrativeExpense
|
$808.05K | USD | 1 Quarter |
| Administration |
GeneralAndAdministrativeExpense
|
$856.25K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$1.72M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$2.50M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$152.11K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$70.16K | USD | 1 Quarter |
| Other non-operating income |
OtherNonoperatingIncome
|
$216.50K | USD | 1 Quarter |
| Other non-operating income |
OtherNonoperatingIncome
|
$455.86K | USD | 1 Quarter |
| Patronage dividend income |
InvestmentIncomeDividend
|
$860.85K | USD | 1 Quarter |
| Patronage dividend income |
InvestmentIncomeDividend
|
$493.20K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$557.59K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$1.25M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$3.75M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$2.28M | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
$-6.21K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.76M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.28M | USD | 1 Quarter |
| Net income (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.12 | USD | 1 Quarter |
| Net income (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.07 | USD | 1 Quarter |
| Weighted average number of capital units outstanding for calculation of basic and diluted earnings per capital unit (in shares) |
WeightedAverageNumberOfUnitsOutstandingForCalculationOfBasicAndDilutedLossPerCapitalUnit
|
30.42M | shares | 1 Quarter |
| Weighted average number of capital units outstanding for calculation of basic and diluted earnings per capital unit (in shares) |
WeightedAverageNumberOfUnitsOutstandingForCalculationOfBasicAndDilutedLossPerCapitalUnit
|
30.42M | shares | 1 Quarter |
Cash Flow Statement
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$3.76M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.28M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$787.62K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$853.58K | USD | 1 Quarter |
| Gain on sales of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$20.10K | USD | 1 Quarter |
| Gain on sales of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$130.00K | USD | 1 Quarter |
| Non-cash patronage dividends |
NoncashPatronageDividends
|
$6.22K | USD | 1 Quarter |
| Non-cash patronage dividends |
NoncashPatronageDividends
|
$6.82K | USD | 1 Quarter |
| Change in current assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$10.74M | USD | 1 Quarter |
| Change in current assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$13.69M | USD | 1 Quarter |
| Net cash (used for) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-6.34M | USD | 1 Quarter |
| Net cash (used for) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-10.58M | USD | 1 Quarter |
| Payments to Acquire Notes Receivable |
PaymentsToAcquireNotesReceivable
|
- | USD | 1 Quarter |
| Payments to Acquire Notes Receivable |
PaymentsToAcquireNotesReceivable
|
$750.00K | USD | 1 Quarter |
| Proceeds from sales of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$130.00K | USD | 1 Quarter |
| Proceeds from sales of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$20.10K | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.84M | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$654.93K | USD | 1 Quarter |
| Net cash (used for) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.82M | USD | 1 Quarter |
| Net cash (used for) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.27M | USD | 1 Quarter |
| Change in excess of outstanding checks over bank balances |
ProceedsFromRepaymentsOfBankOverdrafts
|
$-3.65M | USD | 1 Quarter |
| Change in excess of outstanding checks over bank balances |
ProceedsFromRepaymentsOfBankOverdrafts
|
$-2.45M | USD | 1 Quarter |
| Distributions to members |
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
|
$15.05M | USD | 1 Quarter |
| Distributions to members |
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
|
$9.44M | USD | 1 Quarter |
| Payments of Debt Issuance Costs |
PaymentsOfDebtIssuanceCosts
|
$14.00K | USD | 1 Quarter |
| Payments of Debt Issuance Costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Proceeds from long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$26.28M | USD | 1 Quarter |
| Proceeds from long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$20.47M | USD | 1 Quarter |
| Principal payments on long-term debt |
RepaymentsOfLongTermDebt
|
$17.98M | USD | 1 Quarter |
| Principal payments on long-term debt |
RepaymentsOfLongTermDebt
|
$7.68M | USD | 1 Quarter |
| Net cash provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-10.39M | USD | 1 Quarter |
| Net cash provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$877.76K | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-18.00M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-11.53M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$18.39M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$388.00K | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$124.14K | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$11.65M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$18.39M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$388.00K | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$124.14K | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$11.65M | USD | Point-in-time |
| Interest |
InterestPaid
|
$196.34K | USD | 1 Quarter |
| Interest |
InterestPaid
|
$202.59K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$27.77K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.