10-Q Filing

Sunoco LP CIK: 1552275 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001552275-13-000032`
Period End Date	20130630
Filing Date	20130814
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	susp-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 44 Cash Flow Statement 33

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.75M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $103 at December 31, 2012, and $286 at June 30, 2013	`ReceivablesNetCurrent`	$40.25M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$103.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$286.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $103 at December 31, 2012, and $286 at June 30, 2013	`ReceivablesNetCurrent`	$33.01M	USD	Point-in-time
Receivables from affiliates	`DueFromRelatedPartiesCurrent`	$51.26M	USD	Point-in-time
Receivables from affiliates	`DueFromRelatedPartiesCurrent`	$59.54M	USD	Point-in-time
Inventories, net	`InventoryNet`	$22.37M	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.98M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.42M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$821.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$103.11M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$131.78M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$123.25M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$68.17M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesNoncurrent`	$95.89M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesNoncurrent`	$148.26M	USD	Point-in-time
Goodwill	`Goodwill`	$12.94M	USD	Point-in-time
Goodwill	`Goodwill`	$12.94M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$22.01M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$23.13M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$191.00K	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$398.00K	USD	Point-in-time
Total assets	`Assets`	$355.80M	USD	Point-in-time
Total assets	`Assets`	$386.26M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$88.88M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$119.53M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$1.10M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$4.61M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$24.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$24.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$90.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$124.17M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$35.59M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$84.80M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrentExcludingLineOfCredit`	$96.93M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrentExcludingLineOfCredit`	$149.24M	USD	Point-in-time
Deferred tax liability, long-term portion	`DeferredTaxLiabilitiesNoncurrent`	$164.00K	USD	Point-in-time
Deferred tax liability, long-term portion	`DeferredTaxLiabilitiesNoncurrent`	$152.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$2.31M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$2.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$308.36M	USD	Point-in-time
Total liabilities	`Liabilities`	$277.47M	USD	Point-in-time
Total unitholders' equity	`PartnersCapital`	$77.90M	USD	Point-in-time
Total unitholders' equity	`PartnersCapital`	$78.33M	USD	Point-in-time
Total liabilities and unitholders' equity	`LiabilitiesAndStockholdersEquity`	$355.80M	USD	Point-in-time
Total liabilities and unitholders' equity	`LiabilitiesAndStockholdersEquity`	$386.26M	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Motor fuel sales to third parties	`FuelSalesRevenueThirdParties`	$710.82M	USD	2 Qtrs
Motor fuel sales to third parties	`FuelSalesRevenueThirdParties`	$363.32M	USD	1 Quarter
Motor fuel sales to affiliates	`FuelSalesRevenueToAffiliates`	$751.30M	USD	1 Quarter
Motor fuel sales to affiliates	`FuelSalesRevenueToAffiliates`	$1.48B	USD	2 Qtrs
Rental income	`RentalIncomeOperating`	$2.28M	USD	1 Quarter
Rental income	`RentalIncomeOperating`	$3.90M	USD	2 Qtrs
Other income	`OtherOperatingIncome`	$2.51M	USD	2 Qtrs
Other income	`OtherOperatingIncome`	$1.21M	USD	1 Quarter
Total revenues	`Revenues`	$1.12B	USD	1 Quarter
Total revenues	`Revenues`	$2.20B	USD	2 Qtrs
Motor fuel cost of sales to third parties	`FuelCostsForSalesToThirdParties`	$357.24M	USD	1 Quarter
Motor fuel cost of sales to third parties	`FuelCostsForSalesToThirdParties`	$698.95M	USD	2 Qtrs
Motor fuel cost of sales to affiliates	`FuelCostsForSalesToAffiliates`	$743.37M	USD	1 Quarter
Motor fuel cost of sales to affiliates	`FuelCostsForSalesToAffiliates`	$1.47B	USD	2 Qtrs
Other	`OtherCostOfOperatingRevenue`	$1.13M	USD	2 Qtrs
Other	`OtherCostOfOperatingRevenue`	$539.00K	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$1.10B	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$2.17B	USD	2 Qtrs
Gross profit	`GrossProfit`	$16.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$32.51M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.55M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.65M	USD	1 Quarter
Other operating	`OtherCostAndExpenseOperating`	$568.00K	USD	1 Quarter
Other operating	`OtherCostAndExpenseOperating`	$1.20M	USD	2 Qtrs
Rent	`LeaseAndRentalExpense`	$300.00K	USD	1 Quarter
Rent	`LeaseAndRentalExpense`	$504.00K	USD	2 Qtrs
Loss (gain) on disposal of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-72.00K	USD	1 Quarter
Loss (gain) on disposal of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-94.00K	USD	2 Qtrs
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$1.84M	USD	1 Quarter
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$3.66M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$6.43M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$13.00M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$10.53M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$19.51M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$766.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$1.45M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.76M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.06M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$84.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$153.00K	USD	2 Qtrs
Net income and comprehensive income	`ProfitLoss`	$17.91M	USD	2 Qtrs
Net income and comprehensive income	`ProfitLoss`	$9.68M	USD	1 Quarter
Cash distribution per unit	`DistributionsPerLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasic`	$0.89	USD	2 Qtrs
Cash distribution per unit	`DistributionsPerLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasic`	$0.45	USD	1 Quarter

Cash Flow Statement 33 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$17.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$9.68M	USD	1 Quarter
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$1.84M	USD	1 Quarter
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$3.66M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$95.00K	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$190.00K	USD	2 Qtrs
Loss on disposal of assets and impairment charge	`GainLossOnDispositionOfAssetsAndImpairmentCharges`	$-94.00K	USD	2 Qtrs
Non-cash stock based compensation	`ShareBasedCompensation`	$806.00K	USD	2 Qtrs
Deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$164.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivablesNetCurrent`	$7.24M	USD	2 Qtrs
Accounts receivable from affiliates	`IncreaseDecreaseInAccountsRecivableFromAffiliates`	$-8.29M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$19.39M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$803.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$30.65M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.51M	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-324.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$37.51M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$57.05M	USD	2 Qtrs
Purchase of intangibles	`PaymentsToAcquireIntangibleAssets`	$850.00K	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireShortTermInvestments`	$512.86M	USD	2 Qtrs
Redemption of marketable securities	`ProceedsFromSaleOfShortTermInvestments`	$565.23M	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.53M	USD	2 Qtrs
Revolving line of credit, net	`LineOfCreditFacilityIncreaseDecreaseForPeriodNet`	$-49.21M	USD	2 Qtrs
Payments on Long-term Debt	`RepaymentsOfLongTermDebt`	$52.31M	USD	2 Qtrs
Distributions to Parent	`PaymentsOfDistributionsToAffiliates`	$9.59M	USD	2 Qtrs
Distributions to Unitholders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$-9.56M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-22.25M	USD	2 Qtrs
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.74M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$16.49M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$6.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.49M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.75M	USD	Point-in-time

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