10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001571049-17-008421 |
| Period End Date | 20170930 |
| Filing Date | 20171106 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | pahc-20170930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$56.08M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$37.41M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$62.10M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$33.60M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$136.34M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$125.85M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$161.23M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$170.93M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$20.50M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$25.19M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$363.67M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$394.56M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$131.24M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$127.35M | USD | Point-in-time |
| Intangibles, net |
FiniteLivedIntangibleAssetsNet
|
$54.60M | USD | Point-in-time |
| Intangibles, net |
FiniteLivedIntangibleAssetsNet
|
$64.46M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$23.98M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$23.98M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$56.88M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$53.80M | 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 |
| Total assets |
Assets
|
$623.40M | USD | Point-in-time |
| Total assets |
Assets
|
$671.11M | 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 |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$7.89M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$6.25M | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$61.73M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$56.89M | 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 |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$51.48M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$52.65M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$115.80M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$121.11M | USD | Point-in-time |
| Revolving credit facility |
LongTermLineOfCredit
|
$85.00M | USD | Point-in-time |
| Revolving credit facility |
LongTermLineOfCredit
|
$65.00M | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$238.96M | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$241.89M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$56.57M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$49.55M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$501.64M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$472.24M | USD | Point-in-time |
| Commitments and contingencies (Note 8) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 8) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, par value $0.0001 per share; 300,000,000 Class A shares authorized, 19,555,839 and 19,249,132 shares issued and outstanding at September 30, 2017, and June 30, 2017, respectively; 30,000,000 Class B shares authorized, 20,614,836 and 20,626,836 shares issued and outstanding at September 30, 2017, and June 30, 2017, respectively |
CommonStockValueOutstanding
|
$4.00K | USD | Point-in-time |
| Common stock, par value $0.0001 per share; 300,000,000 Class A shares authorized, 19,555,839 and 19,249,132 shares issued and outstanding at September 30, 2017, and June 30, 2017, respectively; 30,000,000 Class B shares authorized, 20,614,836 and 20,626,836 shares issued and outstanding at September 30, 2017, and June 30, 2017, respectively |
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
|
$127.33M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$123.84M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$94.65M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$82.75M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-52.51M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-55.44M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$151.16M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$169.47M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$671.11M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$623.40M | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
Revenues
|
$187.99M | USD | 1 Quarter |
| Net sales |
Revenues
|
$193.41M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsSold
|
$130.03M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsSold
|
$126.99M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$63.38M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$61.00M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$40.99M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$39.19M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$21.81M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$22.39M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-3.12M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-3.91M | USD | 1 Quarter |
| Foreign currency (gains) losses, net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-325.00K | USD | 1 Quarter |
| Foreign currency (gains) losses, net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-334.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$18.94M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$17.57M | USD | 1 Quarter |
| Provision (benefit) for income taxes |
IncomeTaxExpenseBenefit
|
$3.05M | USD | 1 Quarter |
| Provision (benefit) for income taxes |
IncomeTaxExpenseBenefit
|
$5.39M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$12.18M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$15.89M | USD | 1 Quarter |
| basic (in dollars per share) |
EarningsPerShareBasic
|
$0.40 | USD | 1 Quarter |
| basic (in dollars per share) |
EarningsPerShareBasic
|
$0.31 | USD | 1 Quarter |
| diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.31 | USD | 1 Quarter |
| diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.39 | USD | 1 Quarter |
| basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
39.41M | shares | 1 Quarter |
| basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
39.94M | shares | 1 Quarter |
| diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
39.91M | shares | 1 Quarter |
| diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
40.29M | shares | 1 Quarter |
| Dividends per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
| Dividends per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
Cash Flow Statement
61 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$12.18M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$15.89M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$6.32M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$6.64M | USD | 1 Quarter |
| Amortization of debt issuance costs and debt discount |
AmortizationOfFinancingCostsAndDiscounts
|
$253.00K | USD | 1 Quarter |
| Amortization of debt issuance costs and debt discount |
AmortizationOfFinancingCostsAndDiscounts
|
$221.00K | USD | 1 Quarter |
| Acquisition-related cost of goods sold |
AcquisitionRelatedCostOfGoodsSold
|
$249.00K | USD | 1 Quarter |
| Acquisition-related accrued compensation |
BusinessCombinationAcquisitionRelatedCosts
|
$437.00K | USD | 1 Quarter |
| Acquisition-related accrued compensation |
BusinessCombinationAcquisitionRelatedCosts
|
$420.00K | USD | 1 Quarter |
| Acquisition-related accrued interest |
AccretionExpense
|
$253.00K | USD | 1 Quarter |
| Acquisition-related accrued interest |
AccretionExpense
|
$393.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$1.71M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$770.00K | USD | 1 Quarter |
| Foreign currency (gains) losses, net |
ForeignCurrencyTransactionGainLossUnrealized
|
$-345.00K | USD | 1 Quarter |
| Foreign currency (gains) losses, net |
ForeignCurrencyTransactionGainLossUnrealized
|
$-97.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-213.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-87.00K | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$8.39M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$-3.91M | USD | 1 Quarter |
| Inventories, net |
IncreaseDecreaseInInventories
|
$5.20M | USD | 1 Quarter |
| Inventories, net |
IncreaseDecreaseInInventories
|
$-4.54M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$4.46M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$2.43M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-332.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-346.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-5.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$3.65M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-1.36M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-6.17M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$21.46M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$4.80M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$5.91M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$5.00M | USD | 1 Quarter |
| Business acquisition |
PaymentsToAcquireBusinessesGross
|
$11.56M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-25.00K | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$272.00K | USD | 1 Quarter |
| Net cash provided (used) by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-16.83M | USD | 1 Quarter |
| Net cash provided (used) by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-5.89M | USD | 1 Quarter |
| Revolving credit facility borrowings |
ProceedsFromLongTermLinesOfCredit
|
$34.00M | USD | 1 Quarter |
| Revolving credit facility borrowings |
ProceedsFromLongTermLinesOfCredit
|
$61.87M | USD | 1 Quarter |
| Revolving credit facility repayments |
RepaymentsOfLongTermLinesOfCredit
|
$41.00M | USD | 1 Quarter |
| Revolving credit facility repayments |
RepaymentsOfLongTermLinesOfCredit
|
$41.87M | USD | 1 Quarter |
| Payments of long-term debt, capital leases and other |
RepaymentsOfLongTermDebtAndCapitalSecurities
|
$1.65M | USD | 1 Quarter |
| Payments of long-term debt, capital leases and other |
RepaymentsOfLongTermDebtAndCapitalSecurities
|
$729.00K | USD | 1 Quarter |
| Proceeds from common shares issued |
ProceedsFromIssuanceOfCommonStock
|
$3.49M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$3.94M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$3.99M | USD | 1 Quarter |
| Net cash provided (used) by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-11.67M | USD | 1 Quarter |
| Net cash provided (used) by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$17.84M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$198.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$-90.00K | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.81M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$6.01M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$56.08M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$37.41M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$62.10M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$33.60M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$56.08M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$37.41M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$62.10M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$33.60M | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$12.18M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$15.89M | USD | 1 Quarter |
| Change in fair value of derivative instruments |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
|
$-622.00K | USD | 1 Quarter |
| Change in fair value of derivative instruments |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
|
$34.00K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$3.23M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$-893.00K | USD | 1 Quarter |
| Unrecognized net pension gains (losses) |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
$-7.17M | USD | 1 Quarter |
| Unrecognized net pension gains (losses) |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
$-131.00K | USD | 1 Quarter |
| (Provision) benefit for income taxes |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-187.00K | USD | 1 Quarter |
| (Provision) benefit for income taxes |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$2.75M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$2.93M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$3.56M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$18.82M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$15.74M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.