10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001163609-18-000012 |
| Period End Date | 20180331 |
| Filing Date | 20180510 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | sdsp-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$11.65M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$609.69K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$683.52K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$124.14K | USD | Point-in-time |
| Trade accounts receivable |
AccountsReceivableNetCurrent
|
$19.80M | USD | Point-in-time |
| Trade accounts receivable |
AccountsReceivableNetCurrent
|
$24.69M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$39.93M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$37.97M | USD | Point-in-time |
| Margin deposits |
MarginDepositAssets
|
$4.04M | USD | Point-in-time |
| Margin deposits |
MarginDepositAssets
|
$4.38M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$1.19M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$1.58M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$70.45M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$64.41M | USD | Point-in-time |
| Property and equipment |
PropertyPlantAndEquipmentGross
|
$104.21M | USD | Point-in-time |
| Property and equipment |
PropertyPlantAndEquipmentGross
|
$103.33M | USD | Point-in-time |
| Less accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$48.78M | USD | Point-in-time |
| Less accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$47.79M | USD | Point-in-time |
| Total property and equipment, net |
PropertyPlantAndEquipmentNet
|
$55.53M | USD | Point-in-time |
| Total property and equipment, net |
PropertyPlantAndEquipmentNet
|
$55.44M | USD | Point-in-time |
| Equity investment in affiliate |
EquityMethodInvestments
|
$6.62M | USD | Point-in-time |
| Equity investment in affiliate |
EquityMethodInvestments
|
$1.75M | USD | Point-in-time |
| Investments in cooperatives |
OtherLongTermInvestments
|
$1.53M | USD | Point-in-time |
| Investments in cooperatives |
OtherLongTermInvestments
|
$1.55M | USD | Point-in-time |
| Total other assets |
AssetsNoncurrentExcludingPropertyPlantAndEquipment
|
$8.17M | USD | Point-in-time |
| Total other assets |
AssetsNoncurrentExcludingPropertyPlantAndEquipment
|
$3.28M | USD | Point-in-time |
| Total assets |
Assets
|
$123.22M | USD | Point-in-time |
| Total assets |
Assets
|
$134.06M | USD | Point-in-time |
| Excess of outstanding checks over bank balance |
BankOverdrafts
|
$4.49M | USD | Point-in-time |
| Excess of outstanding checks over bank balance |
BankOverdrafts
|
$2.29M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
$4.06M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
$60.75K | USD | Point-in-time |
| Note payable - seasonal loan |
ShortTermBankLoansAndNotesPayable
|
$18.36M | USD | Point-in-time |
| Note payable - seasonal loan |
ShortTermBankLoansAndNotesPayable
|
- | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.93M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$936.83K | USD | Point-in-time |
| Accrued commodity purchases |
AccruedCommodityPurchasesCurrent
|
$23.77M | USD | Point-in-time |
| Accrued commodity purchases |
AccruedCommodityPurchasesCurrent
|
$37.64M | USD | Point-in-time |
| Accrued expenses |
OtherAccruedLiabilitiesCurrent
|
$2.17M | USD | Point-in-time |
| Accrued expenses |
OtherAccruedLiabilitiesCurrent
|
$2.04M | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$254.59K | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$178.83K | USD | Point-in-time |
| Deferred liabilities - current |
DeferredRevenueAndCreditsCurrent
|
$2.26M | USD | Point-in-time |
| Deferred liabilities - current |
DeferredRevenueAndCreditsCurrent
|
$966.43K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$52.68M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$48.74M | USD | Point-in-time |
| Long-term debt, net of current maturities and unamortized debt issuance costs |
LongTermDebtNoncurrent
|
$18.64M | USD | Point-in-time |
| Long-term debt, net of current maturities and unamortized debt issuance costs |
LongTermDebtNoncurrent
|
$5.10M | USD | Point-in-time |
| Commitments and contingencies (Notes 7, 8, 13 and 14) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Notes 7, 8, 13 and 14) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Class A Units, no par value, 30,419,000 units issued and outstanding at March 31, 2018 and December 31, 2017 |
CapitalUnitsNetAmount
|
$62.74M | USD | Point-in-time |
| Class A Units, no par value, 30,419,000 units issued and outstanding at March 31, 2018 and December 31, 2017 |
CapitalUnitsNetAmount
|
$69.38M | USD | Point-in-time |
| Total liabilities and members' equity |
LiabilitiesAndStockholdersEquity
|
$134.06M | USD | Point-in-time |
| Total liabilities and members' equity |
LiabilitiesAndStockholdersEquity
|
$123.22M | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenues |
SalesRevenueNet
|
$98.55M | USD | 1 Quarter |
| Net revenues |
SalesRevenueNet
|
$94.76M | USD | 1 Quarter |
| Cost of product sold |
CostOfGoodsSoldDirectMaterials
|
$77.72M | USD | 1 Quarter |
| Cost of product sold |
CostOfGoodsSoldDirectMaterials
|
$83.51M | USD | 1 Quarter |
| Production |
ProductionCost
|
$5.98M | USD | 1 Quarter |
| Production |
ProductionCost
|
$6.22M | USD | 1 Quarter |
| Freight and rail |
ShippingHandlingAndTransportationCosts
|
$9.21M | USD | 1 Quarter |
| Freight and rail |
ShippingHandlingAndTransportationCosts
|
$8.30M | USD | 1 Quarter |
| Brokerage fees |
BrokerageFees
|
$185.44K | USD | 1 Quarter |
| Brokerage fees |
BrokerageFees
|
$168.36K | USD | 1 Quarter |
| Total cost of revenues |
CostOfRevenue
|
$92.18M | USD | 1 Quarter |
| Total cost of revenues |
CostOfRevenue
|
$99.11M | USD | 1 Quarter |
| Gross profit (loss) |
GrossProfit
|
$-561.58K | USD | 1 Quarter |
| Gross profit (loss) |
GrossProfit
|
$2.58M | USD | 1 Quarter |
| Administration |
GeneralAndAdministrativeExpense
|
$968.35K | USD | 1 Quarter |
| Administration |
GeneralAndAdministrativeExpense
|
$856.25K | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$1.72M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-1.53M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$152.11K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$303.86K | USD | 1 Quarter |
| Other non-operating income |
OtherNonoperatingIncome
|
$216.50K | USD | 1 Quarter |
| Other non-operating income |
OtherNonoperatingIncome
|
$182.98K | USD | 1 Quarter |
| Patronage dividend income |
InvestmentIncomeDividend
|
$493.20K | USD | 1 Quarter |
| Patronage dividend income |
InvestmentIncomeDividend
|
$96.52K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$557.59K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$-24.36K | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$2.28M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-1.55M | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
$1.96K | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$2.28M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-1.56M | USD | 1 Quarter |
| Net income (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$-0.05 | 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
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$2.28M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-1.56M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$853.58K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$986.17K | USD | 1 Quarter |
| Gain on sales of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$20.10K | USD | 1 Quarter |
| Gain on sales of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
- | USD | 1 Quarter |
| Loss on equity method investment |
IncomeLossFromEquityMethodInvestments
|
$-128.22K | USD | 1 Quarter |
| Loss on equity method investment |
IncomeLossFromEquityMethodInvestments
|
- | USD | 1 Quarter |
| Non-cash patronage dividends |
NoncashPatronageDividends
|
$24.13K | USD | 1 Quarter |
| Non-cash patronage dividends |
NoncashPatronageDividends
|
$6.82K | USD | 1 Quarter |
| Change in current assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$22.33M | USD | 1 Quarter |
| Change in current assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$13.69M | USD | 1 Quarter |
| Net cash provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-22.80M | USD | 1 Quarter |
| Net cash provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-10.58M | USD | 1 Quarter |
| Purchase of investments |
PaymentsToAcquireInvestments
|
$5.00M | USD | 1 Quarter |
| Purchase of investments |
PaymentsToAcquireInvestments
|
- | USD | 1 Quarter |
| Proceeds from sales of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$20.10K | USD | 1 Quarter |
| Proceeds from sales of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.84M | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$888.81K | USD | 1 Quarter |
| Net cash provided by (used for) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.89M | USD | 1 Quarter |
| Net cash provided by (used for) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.82M | USD | 1 Quarter |
| Change in excess of outstanding checks over bank balances |
ProceedsFromRepaymentsOfBankOverdrafts
|
$-2.45M | USD | 1 Quarter |
| Change in excess of outstanding checks over bank balances |
ProceedsFromRepaymentsOfBankOverdrafts
|
$-2.21M | USD | 1 Quarter |
| Proceeds from (Repayments of) Short-term Debt |
ProceedsFromRepaymentsOfShortTermDebt
|
$18.36M | USD | 1 Quarter |
| Proceeds from (Repayments of) Short-term Debt |
ProceedsFromRepaymentsOfShortTermDebt
|
- | USD | 1 Quarter |
| Distributions to members |
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
|
$9.44M | USD | 1 Quarter |
| Distributions to members |
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
|
$5.08M | USD | 1 Quarter |
| Payments for debt issue costs |
PaymentsOfDebtIssuanceCosts
|
$10.50K | USD | 1 Quarter |
| Payments for debt issue costs |
PaymentsOfDebtIssuanceCosts
|
$14.00K | USD | 1 Quarter |
| Proceeds from long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$30.27M | USD | 1 Quarter |
| Proceeds from long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$20.47M | USD | 1 Quarter |
| Principal payments on long-term debt |
RepaymentsOfLongTermDebt
|
$7.68M | USD | 1 Quarter |
| Principal payments on long-term debt |
RepaymentsOfLongTermDebt
|
$12.72M | USD | 1 Quarter |
| Net cash provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$877.76K | USD | 1 Quarter |
| Net cash provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$28.61M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-11.53M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-73.83K | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$11.65M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$609.69K | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$683.52K | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$124.14K | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$11.65M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$609.69K | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$683.52K | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$124.14K | USD | Point-in-time |
| Interest |
InterestPaid
|
$196.34K | USD | 1 Quarter |
| Interest |
InterestPaid
|
$228.10K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.