10-Q Filing

PENNANTPARK FLOATING RATE CAPITAL LTD. CIK: 1504619 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-020821`
Period End Date	20230331
Filing Date	20230511
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	pflt-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 75 Cash Flow Statement 71

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Investments at cost	`InvestmentOwnedAtCost`	$1.18B	USD	Point-in-time
Investments at cost	`InvestmentOwnedAtCost`	$1.20B	USD	Point-in-time
Cash and cash equivalents, cost	`CashAndCashEquivalentsAtCost`	$50.17M	USD	Point-in-time
Cash and cash equivalents, cost	`CashAndCashEquivalentsAtCost`	$47.92M	USD	Point-in-time
Credit Facility payable, cost	`LineOfCreditAtCost`	$169.65M	USD	Point-in-time
Total of investments	`InvestmentOwnedAtFairValue`	$1.16B	USD	Point-in-time
Credit Facility payable, cost	`LineOfCreditAtCost`	$151.65M	USD	Point-in-time
Total of investments	`InvestmentOwnedAtFairValue`	$1.16B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.88M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.16M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$8.82M	USD	Point-in-time
Asset backed debt payable, par	`AssetBackedDebtNetPar`	$228.00M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$7.54M	USD	Point-in-time
Asset backed debt payable, par	`AssetBackedDebtNetPar`	$228.00M	USD	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	45.35M	shares	Point-in-time
Receivable for investments sold	`ReceivableInvestmentSale`	$3.44M	USD	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	49.73M	shares	Point-in-time
Distributions receivable	`DistributionsReceivable`	$635.00K	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	49.73M	shares	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	45.35M	shares	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	41.21M	shares	Point-in-time
Common stock par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$748.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$791.00K	USD	Point-in-time
Total assets	`Assets`	$1.22B	USD	Point-in-time
Total assets	`Assets`	$1.22B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Distributions payable	`DistributionsPayable`	$4.31M	USD	Point-in-time
Distributions payable	`DistributionsPayable`	$4.97M	USD	Point-in-time
Payable for investments purchased	`PayableForInvestmentsPurchased`	$13.29M	USD	Point-in-time
Credit Facility payable, at fair value (cost - $151,654 and $169,654, respectively) (See Notes 5 and 10)	`LineOfCredit`	$167.56M	USD	Point-in-time
Credit Facility payable, at fair value (cost - $151,654 and $169,654, respectively) (See Notes 5 and 10)	`LineOfCredit`	$147.70M	USD	Point-in-time
2031 Asset-Backed Debt, net (par-$228,000) (See Notes 5 and 10)	`AssetBackedDebtNet`	$226.44M	USD	Point-in-time
2031 Asset-Backed Debt, net (par-$228,000) (See Notes 5 and 10)	`AssetBackedDebtNet`	$226.13M	USD	Point-in-time
Interest payable on debt	`InterestPayableCurrentAndNoncurrent`	$8.65M	USD	Point-in-time
Interest payable on debt	`InterestPayableCurrentAndNoncurrent`	$8.16M	USD	Point-in-time
Base management fee payable (See Note 3)	`ManagementFeePayable`	$2.87M	USD	Point-in-time
Base management fee payable (See Note 3)	`ManagementFeePayable`	$3.03M	USD	Point-in-time
Incentive fee payable (See Note 3)	`IncentiveFeePayable`	$3.16M	USD	Point-in-time
Incentive fee payable (See Note 3)	`IncentiveFeePayable`	$4.19M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$4.57M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$1.64M	USD	Point-in-time
Accrued expenses	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$765.00K	USD	Point-in-time
Accrued expenses	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$370.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$669.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$696.77M	USD	Point-in-time
Commitments and contingencies (See Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, 49,731,815 and 45,345,638 shares issued and outstanding, respectively Par value $0.001 per share and 100,000,000 shares authorized	`CommonStockValue`	$45.00K	USD	Point-in-time
Common stock, 49,731,815 and 45,345,638 shares issued and outstanding, respectively Par value $0.001 per share and 100,000,000 shares authorized	`CommonStockValue`	$50.00K	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$618.03M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$666.92M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-90.98M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-112.31M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$497.40M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$527.09M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$554.67M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$513.53M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$490.61M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$519.99M	USD	Point-in-time
Total liabilities and net assets	`LiabilitiesAndStockholdersEquity`	$1.22B	USD	Point-in-time
Total liabilities and net assets	`LiabilitiesAndStockholdersEquity`	$1.22B	USD	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$11.62	USD	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$12.62	USD	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$11.15	USD	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$12.62	USD	Point-in-time

Income Statement 75 line items

Line Item	Tag	Value	Unit	Period
Total investment income	`GrossInvestmentIncomeOperating`	$65.89M	USD	2 Qtrs
Total investment income	`GrossInvestmentIncomeOperating`	$50.97M	USD	2 Qtrs
Total investment income	`GrossInvestmentIncomeOperating`	$34.55M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$24.64M	USD	1 Quarter
Base management fee (See Note 3)	`ManagementFeeExpense`	$2.94M	USD	1 Quarter
Base management fee (See Note 3)	`ManagementFeeExpense`	$2.87M	USD	1 Quarter
Base management fee (See Note 3)	`ManagementFeeExpense`	$5.80M	USD	2 Qtrs
Base management fee (See Note 3)	`ManagementFeeExpense`	$5.84M	USD	2 Qtrs
Performance-based incentive fee (See Note 3)	`IncentiveFeeExpense`	$7.62M	USD	2 Qtrs
Performance-based incentive fee (See Note 3)	`IncentiveFeeExpense`	$2.70M	USD	1 Quarter
Performance-based incentive fee (See Note 3)	`IncentiveFeeExpense`	$4.19M	USD	1 Quarter
Performance-based incentive fee (See Note 3)	`IncentiveFeeExpense`	$5.88M	USD	2 Qtrs
Interest and expenses on debt (See Note 10)	`InterestAndDebtExpense`	$9.75M	USD	1 Quarter
Interest and expenses on debt (See Note 10)	`InterestAndDebtExpense`	$19.61M	USD	2 Qtrs
Interest and expenses on debt (See Note 10)	`InterestAndDebtExpense`	$13.34M	USD	2 Qtrs
Interest and expenses on debt (See Note 10)	`InterestAndDebtExpense`	$6.71M	USD	1 Quarter
Administrative services expenses (See Note 3)	`AdministrativeFeesExpense`	$288.00K	USD	2 Qtrs
Administrative services expenses (See Note 3)	`AdministrativeFeesExpense`	$144.00K	USD	1 Quarter
Administrative services expenses (See Note 3)	`AdministrativeFeesExpense`	$287.00K	USD	2 Qtrs
Administrative services expenses (See Note 3)	`AdministrativeFeesExpense`	$144.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.31M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$705.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.41M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$655.00K	USD	1 Quarter
Expenses before provision for taxes	`ExpensesBeforeProvisionForTaxes`	$17.66M	USD	1 Quarter
Expenses before provision for taxes	`ExpensesBeforeProvisionForTaxes`	$13.15M	USD	1 Quarter
Expenses before provision for taxes	`ExpensesBeforeProvisionForTaxes`	$26.67M	USD	2 Qtrs
Expenses before provision for taxes	`ExpensesBeforeProvisionForTaxes`	$34.73M	USD	2 Qtrs
Provision for taxes on net investment income	`InvestmentIncomeOperatingTaxExpenseBenefit`	$684.00K	USD	2 Qtrs
Provision for taxes on net investment income	`InvestmentIncomeOperatingTaxExpenseBenefit`	$150.00K	USD	1 Quarter
Provision for taxes on net investment income	`InvestmentIncomeOperatingTaxExpenseBenefit`	$200.00K	USD	2 Qtrs
Provision for taxes on net investment income	`InvestmentIncomeOperatingTaxExpenseBenefit`	$100.00K	USD	1 Quarter
Total expenses	`InvestmentIncomeInvestmentExpense`	$26.87M	USD	2 Qtrs
Total expenses	`InvestmentIncomeInvestmentExpense`	$35.41M	USD	2 Qtrs
Total expenses	`InvestmentIncomeInvestmentExpense`	$17.81M	USD	1 Quarter
Total expenses	`InvestmentIncomeInvestmentExpense`	$13.25M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$24.10M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$30.48M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$11.38M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$16.74M	USD	1 Quarter
Provision for taxes on realized gain on investments	`RealizedGainLossInvestmentAndDerivativeOperatingTaxExpenseBenefit`	$300.00K	USD	2 Qtrs
Provision for taxes on realized gain on investments	`RealizedGainLossInvestmentAndDerivativeOperatingTaxExpenseBenefit`	-	USD	Annual
Provision for taxes on realized gain on investments	`RealizedGainLossInvestmentAndDerivativeOperatingTaxExpenseBenefit`	$300.00K	USD	1 Quarter
Net realized gain (loss) on investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-7.75M	USD	2 Qtrs
Net realized gain (loss) on investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-7.82M	USD	1 Quarter
Net realized gain (loss) on investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-12.32M	USD	2 Qtrs
Net realized gain (loss) on investments	`RealizedGainLossInvestmentAndDerivativeOperatingAfterTax`	$-15.46M	USD	1 Quarter
Provision for taxes on unrealized appreciation (depreciation) on investments	`ProvisionForTaxesOnUnrealizedAppreciationOnInvestments`	$2.93M	USD	2 Qtrs
Provision for taxes on unrealized appreciation (depreciation) on investments	`ProvisionForTaxesOnUnrealizedAppreciationOnInvestments`	$-3.80M	USD	1 Quarter
Provision for taxes on unrealized appreciation (depreciation) on investments	`ProvisionForTaxesOnUnrealizedAppreciationOnInvestments`	$-5.34M	USD	2 Qtrs
Provision for taxes on unrealized appreciation (depreciation) on investments	`ProvisionForTaxesOnUnrealizedAppreciationOnInvestments`	$3.65M	USD	1 Quarter
Debt (appreciation) depreciation (See Note 5 and 10)	`NetChangeInChangeInUnrealizedDepreciationAppreciationOnDebt`	$-1.25M	USD	2 Qtrs
Debt (appreciation) depreciation (See Note 5 and 10)	`NetChangeInChangeInUnrealizedDepreciationAppreciationOnDebt`	$1.16M	USD	1 Quarter
Debt (appreciation) depreciation (See Note 5 and 10)	`NetChangeInChangeInUnrealizedDepreciationAppreciationOnDebt`	$2.36M	USD	1 Quarter
Debt (appreciation) depreciation (See Note 5 and 10)	`NetChangeInChangeInUnrealizedDepreciationAppreciationOnDebt`	$-909.00K	USD	2 Qtrs
Net change in unrealized appreciation (depreciation) on investments and debt	`UnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTax`	$9.90M	USD	2 Qtrs
Net change in unrealized appreciation (depreciation) on investments and debt	`UnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTax`	$-17.10M	USD	2 Qtrs
Net change in unrealized appreciation (depreciation) on investments and debt	`UnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTax`	$-1.68M	USD	1 Quarter
Net change in unrealized appreciation (depreciation) on investments and debt	`UnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTax`	$11.32M	USD	1 Quarter
Net realized and unrealized gain (loss) from investments and debt	`RealizedAndUnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTax`	$-2.42M	USD	2 Qtrs
Net realized and unrealized gain (loss) from investments and debt	`RealizedAndUnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTax`	$-24.85M	USD	2 Qtrs
Net realized and unrealized gain (loss) from investments and debt	`RealizedAndUnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTax`	$-9.50M	USD	1 Quarter
Net realized and unrealized gain (loss) from investments and debt	`RealizedAndUnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTax`	$-4.13M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$7.24M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$21.68M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$7.25M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$5.62M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations per common share (See Note 7)	`InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare`	$0.55	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations per common share (See Note 7)	`InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare`	$0.12	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations per common share (See Note 7)	`InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare`	$0.18	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations per common share (See Note 7)	`InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare`	$0.15	USD	1 Quarter
Net investment income per common share	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.65	USD	2 Qtrs
Net investment income per common share	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.61	USD	2 Qtrs
Net investment income per common share	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.29	USD	1 Quarter
Net investment income per common share	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.35	USD	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$7.24M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$5.62M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$21.68M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$7.25M	USD	1 Quarter
Net change in unrealized (depreciation) on investments	`NetChangeInUnrealizedDepreciationOnInvestments`	$-13.99M	USD	2 Qtrs
Net change in unrealized (depreciation) on investments	`NetChangeInUnrealizedDepreciationOnInvestments`	$20.94M	USD	2 Qtrs
Net change in unrealized (depreciation) on debt	`NetChangeInUnrealizedDepreciationOnDebt`	$1.25M	USD	2 Qtrs
Net change in unrealized (depreciation) on debt	`NetChangeInUnrealizedDepreciationOnDebt`	$909.00K	USD	2 Qtrs
Net realized loss on investments	`RealizedInvestmentGainsLosses`	$-12.32M	USD	2 Qtrs
Net realized loss on investments	`RealizedInvestmentGainsLosses`	$-7.46M	USD	2 Qtrs
Net accretion of discount and amortization of premium	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$2.61M	USD	2 Qtrs
Net accretion of discount and amortization of premium	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$2.34M	USD	2 Qtrs
Purchases of investments	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$448.35M	USD	2 Qtrs
Purchases of investments	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$151.02M	USD	2 Qtrs
Payment-in-kind interest	`PaymentInKindIncome`	$193.00K	USD	2 Qtrs
Payment-in-kind interest	`PaymentInKindIncome`	$844.00K	USD	2 Qtrs
Proceeds from dispositions of investments	`ProceedsFromSaleOfSecuritiesOperatingActivities`	$342.23M	USD	2 Qtrs
Proceeds from dispositions of investments	`ProceedsFromSaleOfSecuritiesOperatingActivities`	$125.65M	USD	2 Qtrs
Accretion (amortization) of deferred financing costs	`AccretionAmortizationOfDeferredFinancingCosts`	$-704.00K	USD	2 Qtrs
Accretion (amortization) of deferred financing costs	`AccretionAmortizationOfDeferredFinancingCosts`	$-32.00K	USD	2 Qtrs
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-129.00K	USD	2 Qtrs
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.28M	USD	2 Qtrs
Distribution receivable	`IncreaseDecreaseInDividendsReceivable`	$635.00K	USD	2 Qtrs
Receivable for investments sold	`IncreaseDecreaseInReceivablesFromInvestmentsSold`	$4.58M	USD	2 Qtrs
Receivable for investments sold	`IncreaseDecreaseInReceivablesFromInvestmentsSold`	$-3.44M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpensesOther`	$1.36M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpensesOther`	$43.00K	USD	2 Qtrs
Payable for investments purchased	`IncreaseDecreaseInPayableForInvestmentsPurchased`	$-13.29M	USD	2 Qtrs
Payable for investments purchased	`IncreaseDecreaseInPayableForInvestmentsPurchased`	$13.55M	USD	2 Qtrs
Interest payable on debt	`IncreaseDecreaseInInterestPayableNet`	$1.52M	USD	2 Qtrs
Interest payable on debt	`IncreaseDecreaseInInterestPayableNet`	$488.00K	USD	2 Qtrs
Base management fee payable	`IncreaseDecreaseInBaseManagementFeePayable`	$-238.00K	USD	2 Qtrs
Base management fee payable	`IncreaseDecreaseInBaseManagementFeePayable`	$154.00K	USD	2 Qtrs
Performance-based incentive fee payable	`IncreaseDecreaseInPerformanceBasedIncentiveFeePayable`	$2.08M	USD	2 Qtrs
Performance-based incentive fee payable	`IncreaseDecreaseInPerformanceBasedIncentiveFeePayable`	$1.02M	USD	2 Qtrs
Deferred tax liability	`IncreaseDecreaseInOtherDeferredLiability`	$-2.93M	USD	2 Qtrs
Deferred tax liability	`IncreaseDecreaseInOtherDeferredLiability`	$5.34M	USD	2 Qtrs
Accrued other expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.35M	USD	2 Qtrs
Accrued other expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-395.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.43M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-102.03M	USD	2 Qtrs
Proceeds from public offering	`ProceedsFromIssuanceInitialPublicOffering`	$49.15M	USD	2 Qtrs
Proceeds from public offering	`ProceedsFromIssuanceInitialPublicOffering`	$30.51M	USD	2 Qtrs
Offering costs	`PaymentsOfStockIssuanceCosts`	$265.00K	USD	2 Qtrs
Offering costs	`PaymentsOfStockIssuanceCosts`	$458.00K	USD	2 Qtrs
Distributions paid to stockholders	`PaymentsOfDividends`	$26.28M	USD	2 Qtrs
Distributions paid to stockholders	`PaymentsOfDividends`	$22.24M	USD	2 Qtrs
Borrowings under Credit Facility (See Notes 5 and 10)	`ProceedsFromLinesOfCredit`	$30.00M	USD	2 Qtrs
Borrowings under Credit Facility (See Notes 5 and 10)	`ProceedsFromLinesOfCredit`	$137.25M	USD	2 Qtrs
Repayments under Credit Facility (See Notes 5 and 10)	`RepaymentsOfLinesOfCredit`	$48.00M	USD	2 Qtrs
Repayments under Credit Facility (See Notes 5 and 10)	`RepaymentsOfLinesOfCredit`	$107.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$101.62M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.18M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.25M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-413.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$650.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$24.00K	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$47.88M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$50.06M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$49.83M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$50.16M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$47.88M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$50.06M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$49.83M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$50.16M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$11.36M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$18.42M	USD	2 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	$1.73M	USD	2 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	$5.00K	USD	2 Qtrs
Non-cash exchanges and conversions	`NonCashExchangesAndConversions`	$22.38M	USD	2 Qtrs
Non-cash exchanges and conversions	`NonCashExchangesAndConversions`	$3.39M	USD	2 Qtrs

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