10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001104659-21-133045 |
| Period End Date | 20210930 |
| Filing Date | 20211102 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | pahc-20210930x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$30.97M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$36.34M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$50.21M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$41.17M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$56.00M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$43.00M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$140.64M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$146.85M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$221.31M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$216.31M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$42.53M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$39.50M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$498.91M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$498.63M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$152.83M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$154.71M | USD | Point-in-time |
| Intangibles, net |
FiniteLivedIntangibleAssetsNet
|
$60.12M | USD | Point-in-time |
| Intangibles, net |
FiniteLivedIntangibleAssetsNet
|
$62.28M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$52.68M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$52.68M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$72.75M | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$71.78M | USD | Point-in-time |
| Total assets |
Assets
|
$836.04M | USD | Point-in-time |
| Total assets |
Assets
|
$841.33M | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
16.00M | shares | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
16.00M | shares | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Current portion of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$11.25M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$9.38M | USD | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$66.81M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$68.36M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$74.53M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$86.38M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$152.59M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$164.12M | USD | Point-in-time |
| Revolving credit facility |
LongTermLineOfCredit
|
$110.00M | USD | Point-in-time |
| Revolving credit facility |
LongTermLineOfCredit
|
$95.00M | USD | Point-in-time |
| Long-term debt |
LongTermLoansPayable
|
$284.01M | USD | Point-in-time |
| Long-term debt |
LongTermLoansPayable
|
$287.71M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$55.97M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$56.14M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$602.74M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$602.80M | USD | Point-in-time |
| Commitments and contingencies (Note 7) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 7) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, par value $0.0001 per share; 300,000,000 Class A shares authorized, 20,337,574 shares issued and outstanding at September 30, 2021 and June 30, 2021; 30,000,000 Class B shares authorized, 20,166,034 shares issued and outstanding at September 30, 2021 and June 30, 2021 |
CommonStockValueOutstanding
|
$4.00K | USD | Point-in-time |
| Common stock, par value $0.0001 per share; 300,000,000 Class A shares authorized, 20,337,574 shares issued and outstanding at September 30, 2021 and June 30, 2021; 30,000,000 Class B shares authorized, 20,166,034 shares issued and outstanding at September 30, 2021 and June 30, 2021 |
CommonStockValueOutstanding
|
$4.00K | USD | Point-in-time |
| Preferred stock, par value $0.0001 per share; 16,000,000 shares authorized, no shares issued and outstanding |
PreferredStockValueOutstanding
|
- | USD | Point-in-time |
| Preferred stock, par value $0.0001 per share; 16,000,000 shares authorized, no shares issued and outstanding |
PreferredStockValueOutstanding
|
- | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$135.80M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$135.80M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$218.01M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$219.69M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-122.19M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-115.29M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$188.20M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$233.31M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$192.41M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$238.53M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$841.33M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$836.04M | USD | Point-in-time |
Income Statement
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
Revenues
|
$195.19M | USD | 1 Quarter |
| Net sales |
Revenues
|
$214.66M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$149.99M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$131.07M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$64.12M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$64.68M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$50.07M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$48.43M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$15.69M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$14.61M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-2.81M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-2.89M | USD | 1 Quarter |
| Foreign currency (gains) losses, net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-2.13M | USD | 1 Quarter |
| Foreign currency (gains) losses, net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$3.63M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$9.60M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$16.51M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$3.06M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$4.21M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$6.53M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$12.30M | USD | 1 Quarter |
| basic (in dollars per share) |
EarningsPerShareBasic
|
$0.16 | USD | 1 Quarter |
| basic (in dollars per share) |
EarningsPerShareBasic
|
$0.30 | USD | 1 Quarter |
| diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.30 | USD | 1 Quarter |
| diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.16 | USD | 1 Quarter |
| basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
40.50M | shares | 1 Quarter |
| basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
40.45M | shares | 1 Quarter |
| diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
40.50M | shares | 1 Quarter |
| diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
40.50M | shares | 1 Quarter |
Cash Flow Statement
59 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$6.53M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$12.30M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$8.04M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$7.85M | USD | 1 Quarter |
| Amortization of debt issuance costs |
AmortizationOfFinancingCostsAndDiscounts
|
$221.00K | USD | 1 Quarter |
| Amortization of debt issuance costs |
AmortizationOfFinancingCostsAndDiscounts
|
$148.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$565.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
- | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-31.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-277.00K | USD | 1 Quarter |
| Foreign currency (gains) losses, net |
ForeignCurrencyTransactionGainLossUnrealized
|
$4.35M | USD | 1 Quarter |
| Foreign currency (gains) losses, net |
ForeignCurrencyTransactionGainLossUnrealized
|
$-2.15M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-97.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-70.00K | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$-1.00M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$-4.37M | USD | 1 Quarter |
| Inventories, net |
IncreaseDecreaseInInventories
|
$9.50M | USD | 1 Quarter |
| Inventories, net |
IncreaseDecreaseInInventories
|
$9.87M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$632.00K | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-14.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$205.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$741.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$514.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-1.19M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-7.20M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-4.37M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.70M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$3.82M | USD | 1 Quarter |
| Purchases of short-term investments |
PaymentsToAcquireShortTermInvestments
|
$32.00M | USD | 1 Quarter |
| Purchases of short-term investments |
PaymentsToAcquireShortTermInvestments
|
$6.00M | USD | 1 Quarter |
| Maturities of short-term investments |
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
$19.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$7.45M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$7.42M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$215.00K | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$217.00K | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-20.67M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-13.63M | USD | 1 Quarter |
| Revolving credit facility borrowings |
ProceedsFromLongTermLinesOfCredit
|
$36.00M | USD | 1 Quarter |
| Revolving credit facility borrowings |
ProceedsFromLongTermLinesOfCredit
|
$86.00M | USD | 1 Quarter |
| Revolving credit facility repayments |
RepaymentsOfLongTermLinesOfCredit
|
$20.00M | USD | 1 Quarter |
| Revolving credit facility repayments |
RepaymentsOfLongTermLinesOfCredit
|
$71.00M | USD | 1 Quarter |
| Payments of long-term debt and other |
ProceedsFromRepaymentsOfNotesPayable
|
$-4.69M | USD | 1 Quarter |
| Payments of long-term debt and other |
ProceedsFromRepaymentsOfNotesPayable
|
$-1.88M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$4.85M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$4.86M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$6.46M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$8.27M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$-457.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$105.00K | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-9.04M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-5.37M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$30.97M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$36.34M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$50.21M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$41.17M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$30.97M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$36.34M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$50.21M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$41.17M | USD | Point-in-time |
Stockholders Equity
15 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Dividends declared per share |
CommonStockDividendsPerShareDeclared
|
$0.12 | USD | 1 Quarter |
| Dividends declared per share |
CommonStockDividendsPerShareDeclared
|
$0.12 | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$188.20M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$233.31M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$192.41M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$238.53M | USD | Point-in-time |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$8.50M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-364.00K | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$4.86M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$4.85M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$565.00K | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$188.20M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$233.31M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$192.41M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$238.53M | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$6.53M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$12.30M | USD | 1 Quarter |
| Change in fair value of derivative instruments |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
|
$1.09M | USD | 1 Quarter |
| Change in fair value of derivative instruments |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
|
$-29.00K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$-4.72M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$-6.96M | USD | 1 Quarter |
| Unrecognized net pension gains |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
$-135.00K | USD | 1 Quarter |
| Unrecognized net pension gains |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
$-117.00K | USD | 1 Quarter |
| Provision for income taxes |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$306.00K | USD | 1 Quarter |
| Provision for income taxes |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$22.00K | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-6.90M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-3.81M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$8.50M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-364.00K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.