Western Refining Logistics, LP: 10-K filed 2015-03-02

Name: Western Refining Logistics, LP: 10-K filed 2015-03-02
Creator: Western Refining Logistics, LP

What Western Refining Logistics, LP reported in its annual report filed 2015-03-02 (fiscal FY 2014): 36 published measures, 121 facts as tagged in accession 0001581908-15-000015.

This filing

Form: 10-K (annual report)
Filed: 2015-03-02
Fiscal period: fiscal FY 2014
Accession: 0001581908-15-000015 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Western Refining Logistics, LP filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit
At 2014-12-31	378,273,000	USD
At 2013-12-31	307,043,000	USD
At 2012-12-31	185,462,000	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2014-12-31	54,298,000	USD
At 2013-12-31	84,004,000	USD
At 2012-12-31	5,000	USD
At 2011-12-31	4,000	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2014-10-01 to 2014-12-31	20,638,000	USD	92
2014-01-01 to 2014-12-31	71,793,000	USD	365
2014-07-01 to 2014-09-30	16,250,000	USD	92
2014-04-01 to 2014-06-30	17,060,000	USD	91
2014-01-01 to 2014-03-31	17,845,000	USD	90
2013-10-01 to 2013-12-31	10,156,000	USD	92
2013-01-01 to 2013-12-31	-41,794,000	USD	365
2013-07-01 to 2013-09-30	-21,180,000	USD	92
2013-04-01 to 2013-06-30	-16,956,000	USD	91
2013-01-01 to 2013-03-31	-13,814,000	USD	90
2012-01-01 to 2012-12-31	-50,214,000	USD	366

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	118,017,000	USD	365
2013-01-01 to 2013-12-31	-32,602,000	USD	365
2012-01-01 to 2012-12-31	-128,487,000	USD	366

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	-104,436,000	USD	365
2013-01-01 to 2013-12-31	188,963,000	USD	365
2012-01-01 to 2012-12-31	156,273,000	USD	366

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	-43,287,000	USD	365
2013-01-01 to 2013-12-31	-72,362,000	USD	365
2012-01-01 to 2012-12-31	-27,785,000	USD	366

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2014-10-01 to 2014-12-31	23,795,000	shares	92
2014-07-01 to 2014-09-30	22,811,000	shares	92
2014-04-01 to 2014-06-30	22,811,000	shares	91
2014-01-01 to 2014-03-31	22,811,000	shares	90
2013-10-01 to 2013-12-31	22,811,000	shares	92

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2014-10-01 to 2014-12-31	23,861,000	shares	92
2014-07-01 to 2014-09-30	22,883,000	shares	92
2014-04-01 to 2014-06-30	22,861,000	shares	91
2014-01-01 to 2014-03-31	22,815,000	shares	90
2013-10-01 to 2013-12-31	22,813,000	shares	92

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2014-10-01 to 2014-12-31	0.4	USD/shares	92
2014-07-01 to 2014-09-30	0.27	USD/shares	92
2014-04-01 to 2014-06-30	0.24	USD/shares	91
2014-01-01 to 2014-03-31	0.24	USD/shares	90
2013-10-01 to 2013-12-31	0.19	USD/shares	92

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2014-10-01 to 2014-12-31	0.4	USD/shares	92
2014-07-01 to 2014-09-30	0.27	USD/shares	92
2014-04-01 to 2014-06-30	0.24	USD/shares	91
2014-01-01 to 2014-03-31	0.24	USD/shares	90
2013-10-01 to 2013-12-31	0.19	USD/shares	92

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	459,000	USD	365
2013-01-01 to 2013-12-31	95,000	USD	365
2012-01-01 to 2012-12-31	0	USD	366

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2014-12-31	182,545,000	USD
At 2013-12-31	178,765,000	USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2014-10-01 to 2014-12-31	22,028,000	USD	92
2014-01-01 to 2014-12-31	74,502,000	USD	365
2014-07-01 to 2014-09-30	16,718,000	USD	92
2014-04-01 to 2014-06-30	17,473,000	USD	91
2014-01-01 to 2014-03-31	18,283,000	USD	90
2013-10-01 to 2013-12-31	10,513,000	USD	92
2013-01-01 to 2013-12-31	-41,527,000	USD	365
2013-07-01 to 2013-09-30	-21,214,000	USD	92
2013-04-01 to 2013-06-30	-16,989,000	USD	91
2013-01-01 to 2013-03-31	-13,837,000	USD	90
2012-01-01 to 2012-12-31	-50,488,000	USD	366

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2014-12-31	186,448,000	USD
At 2013-12-31	120,071,000	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	1,851,000	USD	365
2013-01-01 to 2013-12-31	213,000	USD	365
2012-01-01 to 2012-12-31	40,000	USD	366

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2014-12-31	136,367,000	USD
At 2013-12-31	13,051,000	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2014-12-31	54,785,000	USD
At 2013-12-31	496,000	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	142,398,000	USD	365
2013-01-01 to 2013-12-31	135,307,000	USD	365
2012-01-01 to 2012-12-31	115,374,000	USD	366

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2014-12-31	14,483,000	USD
At 2013-12-31	16,282,000	USD

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	22,540,000	USD	365
2013-01-01 to 2013-12-31	17,661,000	USD	365
2012-01-01 to 2012-12-31	16,806,000	USD	366

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit	Days
At 2014-12-31	-27,094,000	USD
At 2013-12-31	293,987,000	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2014-12-31	271,247,000	USD
At 2013-12-31	250,011,000	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2014-12-31	99,651,000	USD
At 2013-12-31	84,297,000	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2014-12-31	4,185,000	USD
At 2013-12-31	4,741,000	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2014-12-31	5,095,000	USD
At 2013-12-31	3,466,000	USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2014-12-31	0	USD
At 2013-12-31	5,000	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2014-12-31	19,197,000	USD
At 2013-12-31	4,018,000	USD

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	16,800,000	USD	365
2013-01-01 to 2013-12-31	15,400,000	USD	365
2012-01-01 to 2012-12-31	13,800,000	USD	366

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	17,372,000	USD	365
2013-01-01 to 2013-12-31	15,970,000	USD	365
2012-01-01 to 2012-12-31	14,315,000	USD	366

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	600,000	USD	365
2013-01-01 to 2013-12-31	531,000	USD	365
2012-01-01 to 2012-12-31	520,000	USD	366

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	120,000	USD	365
2013-01-01 to 2013-12-31	143,000	USD	365
2012-01-01 to 2012-12-31	292,000	USD	366

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	-2,250,000	USD	365
2013-01-01 to 2013-12-31	-172,000	USD	365
2012-01-01 to 2012-12-31	274,000	USD	366

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	1,837,000	USD	365
2013-01-01 to 2013-12-31	0	USD	365
2012-01-01 to 2012-12-31	0	USD	366

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	1,000	USD	365
2013-01-01 to 2013-12-31	0	USD	365
2012-01-01 to 2012-12-31	0	USD	366

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	54,377,000	USD	365
2013-01-01 to 2013-12-31	105,000	USD	365
2012-01-01 to 2012-12-31	290,000	USD	366

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	-1,799,000	USD	365
2013-01-01 to 2013-12-31	2,585,000	USD	365
2012-01-01 to 2012-12-31	1,365,000	USD	366

Inspect the source

Entity: Western Refining Logistics, LP / CIK 0001581908
Captured: 2026-09-22 19:53 UTC
SEC response SHA-256: 57478468fe47ced5944da2b81327e6e6ead6bcee7255d5a0729446ae8c183fc5

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Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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