XML 40 R28.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Consolidating Condensed Financial Information of Guarantor Subsidiaries (Tables) | 3 Months Ended
--- | ---
Dec. 24, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Consolidating Condensed Statement of Operations |
|  | CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS |  |
|  | Three Months Ended December 24, 2016 |  |
|  | (in thousands) |  |
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales |  | $ | 155,518 |  |  | $ | 14,024 |  |  | $ | 266,438 |  |  | $ | (16,482 | ) |  | $ | 419,498 |
Cost of goods sold and occupancy |  | 121,136 |  |  | 11,678 |  |  | 181,440 |  |  | (15,434 | ) |  | 298,820 |
Gross profit |  | 34,382 |  |  | 2,346 |  |  | 84,998 |  |  | (1,048 | ) |  | 120,678 |
Selling, general and administrative expenses |  | 35,965 |  |  | 3,664 |  |  | 62,159 |  |  | (1,048 | ) |  | 100,740 |
Operating income (loss) |  | (1,583 | ) |  | (1,318 | ) |  | 22,839 |  |  | — |  |  | 19,938 |
Interest expense |  | (6,851 | ) |  | (17 | ) |  | (5 | ) |  | — |  |  | (6,873 | )
Interest income |  | 38 |  |  | — |  |  | — |  |  | — |  |  | 38 |
Other expense |  | (603 | ) |  | (193 | ) |  | (171 | ) |  | — |  |  | (967 | )
Income (loss) before taxes and equity in earnings of affiliates |  | (8,999 | ) |  | (1,528 | ) |  | 22,663 |  |  | — |  |  | 12,136 |
Income tax expense (benefit) |  | (3,192 | ) |  | (411 | ) |  | 7,950 |  |  | — |  |  | 4,347 |
Equity in earnings (losses) of affiliates |  | 13,444 |  |  | — |  |  | (811 | ) |  | (12,633 | ) |  | — |
Net income (loss) including noncontrolling interest |  | 7,637 |  |  | (1,117 | ) |  | 13,902 |  |  | (12,633 | ) |  | 7,789 |
Net income attributable to noncontrolling interest |  | — |  |  | 152 |  |  | — |  |  | — |  |  | 152 |
Net income (loss) attributable to Central Garden & Pet Company |  | $ | 7,637 |  |  | $ | (1,269 | ) |  | $ | 13,902 |  |  | $ | (12,633 | ) |  | $ | 7,637 |
|  | CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS |  |
|  | Three Months Ended December 26, 2015 |  |
|  | (in thousands) |  |
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales |  | $ | 116,963 |  |  | $ | 15,271 |  |  | $ | 242,723 |  |  | $ | (15,145 | ) |  | $ | 359,812 |
Cost of goods sold and occupancy |  | 94,269 |  |  | 12,949 |  |  | 166,971 |  |  | (14,163 | ) |  | 260,026 |
Gross profit |  | 22,694 |  |  | 2,322 |  |  | 75,752 |  |  | (982 | ) |  | 99,786 |
Selling, general and administrative expenses |  | 29,300 |  |  | 3,812 |  |  | 58,883 |  |  | (982 | ) |  | 91,013 |
Operating income (loss) |  | (6,606 | ) |  | (1,490 | ) |  | 16,869 |  |  | — |  |  | 8,773 |
Interest expense |  | (22,133 | ) |  | (12 | ) |  | — |  |  | — |  |  | (22,145 | )
Interest income |  | 21 |  |  | 1 |  |  | — |  |  | — |  |  | 22 |
Other expense |  | (71 | ) |  | (67 | ) |  | (335 | ) |  | — |  |  | (473 | )
Income (loss) before taxes and equity in earnings of affiliates |  | (28,789 | ) |  | (1,568 | ) |  | 16,534 |  |  | — |  |  | (13,823 | )
Income tax expense (benefit) |  | (10,873 | ) |  | (512 | ) |  | 6,185 |  |  | — |  |  | (5,200 | )
Equity in earnings (losses) of affiliates |  | 9,314 |  |  | — |  |  | (786 | ) |  | (8,528 | ) |  | — |
Net income (loss) including noncontrolling interest |  | (8,602 | ) |  | (1,056 | ) |  | 9,563 |  |  | (8,528 | ) |  | (8,623 | )
Net loss attributable to noncontrolling interest |  | — |  |  | (21 | ) |  | — |  |  | — |  |  | (21 | )
Net income (loss) attributable to Central Garden & Pet Company |  | $ | (8,602 | ) |  | $ | (1,035 | ) |  | $ | 9,563 |  |  | $ | (8,528 | ) |  | $ | (8,602 | )
Consolidating Condensed Statements of Comprehensive Income (Loss) |
|  | CONSOLIDATING CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
|  | Three Months Ended December 24, 2016
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) |  | $ | 7,637 |  |  | $ | (1,117 | ) |  | $ | 13,902 |  |  | $ | (12,633 | ) |  | $ | 7,789 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |
Foreign currency translation |  | (508 | ) |  | (355 | ) |  | (50 | ) |  | 405 |  |  | (508 | )
Total comprehensive income (loss) |  | 7,129 |  |  | (1,472 | ) |  | 13,852 |  |  | (12,228 | ) |  | 7,281 |
Comprehensive income attributable to noncontrolling interests |  | — |  |  | 152 |  |  | — |  |  | — |  |  | 152 |
Comprehensive income (loss) attributable to Central Garden & Pet Company |  | $ | 7,129 |  |  | $ | (1,624 | ) |  | $ | 13,852 |  |  | $ | (12,228 | ) |  | $ | 7,129 |
|  | CONSOLIDATING CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
|  | Three Months Ended December 26, 2015
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) |  | $ | (8,602 | ) |  | $ | (1,056 | ) |  | $ | 9,563 |  |  | $ | (8,528 | ) |  | $ | (8,623 | )
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |
Foreign currency translation |  | (233 | ) |  | (141 | ) |  | (51 | ) |  | 192 |  |  | (233 | )
Total comprehensive income (loss) |  | (8,835 | ) |  | (1,197 | ) |  | 9,512 |  |  | (8,336 | ) |  | (8,856 | )
Comprehensive loss attributable to noncontrolling interests |  | — |  |  | (21 | ) |  | — |  |  | — |  |  | (21 | )
Comprehensive income (loss) attributable to Central Garden & Pet Company |  | $ | (8,835 | ) |  | $ | (1,176 | ) |  | $ | 9,512 |  |  | $ | (8,336 | ) |  | $ | (8,835 | )
Consolidating Condensed Balance Sheet |
|  | CONSOLIDATING CONDENSED BALANCE SHEET
|  | December 24, 2016
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 1,772 |  |  | $ | 3,997 |  |  | $ | 812 |  |  | $ | — |  |  | $ | 6,581 |
Restricted cash |  | 10,981 |  |  | — |  |  | — |  |  | — |  |  | 10,981 |
Accounts receivable, net |  | 72,850 |  |  | 6,919 |  |  | 112,455 |  |  | — |  |  | 192,224 |
Inventories |  | 137,615 |  |  | 15,435 |  |  | 277,121 |  |  | — |  |  | 430,171 |
Prepaid expenses and other |  | 22,687 |  |  | 914 |  |  | 29,745 |  |  | — |  |  | 53,346 |
Total current assets |  | 245,905 |  |  | 27,265 |  |  | 420,133 |  |  | — |  |  | 693,303 |
Land, buildings, improvements and equipment, net |  | 39,384 |  |  | 3,858 |  |  | 126,594 |  |  | — |  |  | 169,836 |
Goodwill |  | 15,058 |  |  | — |  |  | 215,327 |  |  | — |  |  | 230,385 |
Other long-term assets |  | 29,297 |  |  | 3,525 |  |  | 129,848 |  |  | (8,493 | ) |  | 154,177 |
Intercompany receivable |  | 38,559 |  |  | — |  |  | 586,588 |  |  | (625,147 | ) |  | — |
Investment in subsidiaries |  | 1,251,408 |  |  | — |  |  | — |  |  | (1,251,408 | ) |  | — |
Total |  | $ | 1,619,611 |  |  | $ | 34,648 |  |  | $ | 1,478,490 |  |  | $ | (1,885,048 | ) |  | $ | 1,247,701 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 46,208 |  |  | $ | 7,146 |  |  | $ | 81,883 |  |  | $ | — |  |  | $ | 135,237 |
Accrued expenses |  | 42,223 |  |  | 1,362 |  |  | 50,909 |  |  | — |  |  | 94,494 |
Current portion of long-term debt |  | 22 |  |  | — |  |  | 375 |  |  | — |  |  | 397 |
Total current liabilities |  | 88,453 |  |  | 8,508 |  |  | 133,167 |  |  | — |  |  | 230,128 |
Long-term debt |  | 394,564 |  |  | — |  |  | 447 |  |  | — |  |  | 395,011 |
Intercompany payable |  | 575,187 |  |  | 49,960 |  |  | — |  |  | (625,147 | ) |  | — |
Losses in excess of investment in subsidiaries |  | — |  |  | — |  |  | 21,014 |  |  | (21,014 | ) |  | — |
Other long-term obligations |  | 2,158 |  |  | — |  |  | 68,941 |  |  | (8,493 | ) |  | 62,606 |
Total Central Garden & Pet shareholders’ equity (deficit) |  | 559,249 |  |  | (24,527 | ) |  | 1,254,921 |  |  | (1,230,394 | ) |  | 559,249 |
Noncontrolling interest |  | — |  |  | 707 |  |  | — |  |  | — |  |  | 707 |
Total equity (deficit) |  | 559,249 |  |  | (23,820 | ) |  | 1,254,921 |  |  | (1,230,394 | ) |  | 559,956 |
Total |  | $ | 1,619,611 |  |  | $ | 34,648 |  |  | $ | 1,478,490 |  |  | $ | (1,885,048 | ) |  | $ | 1,247,701 |
|  | CONSOLIDATING CONDENSED BALANCE SHEET
|  | December 26, 2015
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 918 |  |  | $ | 5,034 |  |  | $ | 3,054 |  |  | $ | — |  |  | $ | 9,006 |
Restricted cash |  | 11,939 |  |  | — |  |  | — |  |  | — |  |  | 11,939 |
Short term investments |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Accounts receivable, net |  | 68,141 |  |  | 7,398 |  |  | 119,818 |  |  | — |  |  | 195,357 |
Inventories |  | 128,587 |  |  | 17,253 |  |  | 270,618 |  |  | — |  |  | 416,458 |
Prepaid expenses and other |  | 35,085 |  |  | 962 |  |  | 23,826 |  |  | — |  |  | 59,873 |
Total current assets |  | 244,670 |  |  | 30,647 |  |  | 417,316 |  |  | — |  |  | 692,633 |
Land, buildings, improvements and equipment, net |  | 49,227 |  |  | 3,787 |  |  | 110,934 |  |  | — |  |  | 163,948 |
Goodwill |  | — |  |  | — |  |  | 209,089 |  |  | — |  |  | 209,089 |
Other long-term assets |  | 54,866 |  |  | 3,540 |  |  | 89,198 |  |  | (2,065 | ) |  | 145,539 |
Intercompany receivable |  | 33,348 |  |  | — |  |  | 456,706 |  |  | (490,054 | ) |  | — |
Investment in subsidiaries |  | 1,092,134 |  |  | — |  |  | — |  |  | (1,092,134 | ) |  | — |
Total |  | $ | 1,474,245 |  |  | $ | 37,974 |  |  | $ | 1,283,243 |  |  | $ | (1,584,253 | ) |  | $ | 1,211,209 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 51,305 |  |  | $ | 9,085 |  |  | $ | 68,701 |  |  | $ | — |  |  | $ | 129,091 |
Accrued expenses |  | 41,384 |  |  | 1,520 |  |  | 46,143 |  |  | — |  |  | 89,047 |
Current portion of long-term debt |  | 262 |  |  | — |  |  | 30 |  |  | — |  |  | 292 |
Total current liabilities |  | 92,951 |  |  | 10,605 |  |  | 114,874 |  |  | — |  |  | 218,430 |
Long-term debt |  | 435,835 |  |  | — |  |  | 58 |  |  | — |  |  | 435,893 |
Intercompany payable |  | 444,900 |  |  | 45,154 |  |  | — |  |  | (490,054 | ) |  | — |
Losses in excess of investment in subsidiaries |  | — |  |  | — |  |  | 17,536 |  |  | (17,536 | ) |  | — |
Other long-term obligations |  | 2,159 |  |  | — |  |  | 57,911 |  |  | (2,065 | ) |  | 58,005 |
Total Central Garden & Pet shareholders’ equity (deficit) |  | 498,400 |  |  | (18,266 | ) |  | 1,092,864 |  |  | (1,074,598 | ) |  | 498,400 |
Noncontrolling interest |  | — |  |  | 481 |  |  | — |  |  | — |  |  | 481 |
Total equity (deficit) |  | 498,400 |  |  | (17,785 | ) |  | 1,092,864 |  |  | (1,074,598 | ) |  | 498,881 |
Total |  | $ | 1,474,245 |  |  | $ | 37,974 |  |  | $ | 1,283,243 |  |  | $ | (1,584,253 | ) |  | $ | 1,211,209 |
|  | CONSOLIDATING CONDENSED BALANCE SHEET
|  | September 24, 2016
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 82,158 |  |  | $ | 9,695 |  |  | $ | 1,129 |  |  | $ | — |  |  | $ | 92,982 |
Restricted cash |  | 10,910 |  |  | — |  |  | — |  |  | — |  |  | 10,910 |
Accounts receivable, net |  | 59,617 |  |  | 5,156 |  |  | 136,378 |  |  | — |  |  | 201,151 |
Inventories |  | 113,317 |  |  | 11,752 |  |  | 236,935 |  |  | — |  |  | 362,004 |
Prepaid expenses and other assets |  | 20,978 |  |  | 817 |  |  | 25,964 |  |  | — |  |  | 47,759 |
Total current assets |  | 286,980 |  |  | 27,420 |  |  | 400,406 |  |  | — |  |  | 714,806 |
Land, buildings, improvements and equipment, net |  | 41,083 |  |  | 3,897 |  |  | 113,244 |  |  | — |  |  | 158,224 |
Goodwill |  | 15,058 |  |  | — |  |  | 216,327 |  |  | — |  |  | 231,385 |
Other long-term assets |  | 30,555 |  |  | 2,980 |  |  | 85,701 |  |  | (11,458 | ) |  | 107,778 |
Intercompany receivable |  | 32,778 |  |  | — |  |  | 567,374 |  |  | (600,152 | ) |  | — |
Investment in subsidiaries |  | 1,176,990 |  |  | — |  |  | — |  |  | (1,176,990 | ) |  | — |
Total |  | $ | 1,583,444 |  |  | $ | 34,297 |  |  | $ | 1,383,052 |  |  | $ | (1,788,600 | ) |  | $ | 1,212,193 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 34,096 |  |  | $ | 3,953 |  |  | $ | 64,364 |  |  | $ | — |  |  | $ | 102,413 |
Accrued expenses and other liabilities |  | 47,862 |  |  | 1,410 |  |  | 50,071 |  |  | — |  |  | 99,343 |
Current portion of long term debt |  | 88 |  |  | — |  |  | 375 |  |  | — |  |  | 463 |
Total current liabilities |  | 82,046 |  |  | 5,363 |  |  | 114,810 |  |  | — |  |  | 202,219 |
Long-term debt |  | 394,364 |  |  | — |  |  | 442 |  |  | — |  |  | 394,806 |
Intercompany payable |  | 553,964 |  |  | 46,188 |  |  | — |  |  | (600,152 | ) |  | — |
Losses in excess of investment in subsidiaries |  | — |  |  | — |  |  | 16,126 |  |  | (16,126 | ) |  | — |
Other long-term obligations |  | 56 |  |  | — |  |  | 71,983 |  |  | (11,458 | ) |  | 60,581 |
Total Central Garden & Pet shareholders’ equity (deficit) |  | 553,014 |  |  | (18,827 | ) |  | 1,179,691 |  |  | (1,160,864 | ) |  | 553,014 |
Noncontrolling interest |  | — |  |  | 1,573 |  |  | — |  |  | — |  |  | 1,573 |
Total equity (deficit) |  | 553,014 |  |  | (17,254 | ) |  | 1,179,691 |  |  | (1,160,864 | ) |  | 554,587 |
Total |  | $ | 1,583,444 |  |  | $ | 34,297 |  |  | $ | 1,383,052 |  |  | $ | (1,788,600 | ) |  | $ | 1,212,193 |
Consolidating Condensed Statement of Cash Flows |
|  | CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS
|  | Three Months Ended December 24, 2016
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash provided (used) by operating activities |  | $ | (27,540 | ) |  | $ | (4,428 | ) |  | $ | 22,731 |  |  | $ | (4,076 | ) |  | $ | (13,313 | )
Additions to property, plant and equipment |  | (1,831 | ) |  | (110 | ) |  | (11,027 | ) |  | — |  |  | (12,968 | )
Payments to acquire companies, net of cash acquired |  | (60,042 | ) |  | — |  |  | — |  |  | — |  |  | (60,042 | )
Proceeds from sale of business, facility and other assets |  | 2 |  |  | — |  |  | 7,958 |  |  | — |  |  | 7,960 |
Change in restricted cash and cash equivalents |  | (71 | ) |  | — |  |  | — |  |  | — |  |  | (71 | )
Investment in equity method investee |  | (2,000 | ) |  | — |  |  | — |  |  | — |  |  | (2,000 | )
Other investing activities |  | (265 | ) |  | — |  |  | — |  |  | — |  |  | (265 | )
Intercompany investing activities |  | (5,781 | ) |  | — |  |  | (19,214 | ) |  | 24,995 |  |  | — |
Net cash used by investing activities |  | (69,988 | ) |  | (110 | ) |  | (22,283 | ) |  | 24,995 |  |  | (67,386 | )
Repayments on revolving line of credit |  | (1,000 | ) |  | — |  |  | — |  |  | — |  |  | (1,000 | )
Borrowings on revolving line of credit |  | 1,000 |  |  | — |  |  | — |  |  | — |  |  | 1,000 |
Repayments of long-term debt |  | (66 | ) |  | — |  |  | (8 | ) |  | — |  |  | (74 | )
Excess tax benefits from stock-based awards |  | 4,356 |  |  | — |  |  | — |  |  | — |  |  | 4,356 |
Repurchase of common stock |  | (7,913 | ) |  | — |  |  | — |  |  | — |  |  | (7,913 | )
Distribution to parent |  | — |  |  | (4,076 | ) |  | — |  |  | 4,076 |  |  | — |
Distribution to noncontrolling interest |  | — |  |  | (1,018 | ) |  | — |  |  | — |  |  | (1,018 | )
Payment of contingent consideration |  | — |  |  | — |  |  | (860 | ) |  | — |  |  | (860 | )
Intercompany financing activities |  | 21,223 |  |  | 3,772 |  |  | — |  |  | (24,995 | ) |  | — |
Net cash provided (used) by financing activities |  | 17,600 |  |  | (1,322 | ) |  | (868 | ) |  | (20,919 | ) |  | (5,509 | )
Effect of exchange rates on cash |  | (458 | ) |  | 162 |  |  | 103 |  |  | — |  |  | (193 | )
Net increase (decrease) in cash and cash equivalents |  | (80,386 | ) |  | (5,698 | ) |  | (317 | ) |  | — |  |  | (86,401 | )
Cash and cash equivalents at beginning of period |  | 82,158 |  |  | 9,695 |  |  | 1,129 |  |  | — |  |  | 92,982 |
Cash and cash equivalents at end of period |  | $ | 1,772 |  |  | $ | 3,997 |  |  | $ | 812 |  |  | $ | — |  |  | $ | 6,581 |
|  | CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS
|  | Three Months Ended December 26, 2015
|  | (in thousands)
|  | Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash provided (used) by operating activities |  | $ | (19,914 | ) |  | $ | (1,065 | ) |  | $ | 25,382 |  |  | $ | (4,884 | ) |  | $ | (481 | )
Additions to property, plant and equipment |  | (707 | ) |  | (226 | ) |  | (4,323 | ) |  | — |  |  | (5,256 | )
Payments to acquire companies, net of cash acquired |  | (68,529 | ) |  | — |  |  | — |  |  | — |  |  | (68,529 | )
Change in restricted cash and cash equivalents |  | 1,218 |  |  | — |  |  | — |  |  | — |  |  | 1,218 |
Other investing activities |  | (200 | ) |  | — |  |  | — |  |  | — |  |  | (200 | )
Intercompany investing activities |  | (653 | ) |  | — |  |  | (19,321 | ) |  | 19,974 |  |  | — |
Net cash used by investing activities |  | (68,871 | ) |  | (226 | ) |  | (23,644 | ) |  | 19,974 |  |  | (72,767 | )
Repayments of long-term debt |  | (400,065 | ) |  | — |  |  | (7 | ) |  | — |  |  | (400,072 | )
Borrowings under revolving line of credit |  | 79,000 |  |  | — |  |  | — |  |  | — |  |  | 79,000 |
Repayments on revolving line of credit |  | (37,000 | ) |  | — |  |  | — |  |  | — |  |  | (37,000 | )
Issuance of long-term debt |  | 400,000 |  |  |  |  |  |  |  |  |  |  |  | 400,000 |
Excess tax benefits from stock-based awards |  | 900 |  |  | — |  |  | — |  |  | — |  |  | 900 |
Repurchase of common stock |  | (1,167 | ) |  | — |  |  | — |  |  | — |  |  | (1,167 | )
Distribution to parent |  | — |  |  | (4,884 | ) |  | — |  |  | 4,884 |  |  | — |
Distribution to noncontrolling interest |  | — |  |  | (592 | ) |  | — |  |  | — |  |  | (592 | )
Payment of financing costs |  | (6,324 | ) |  |  |  |  |  |  |  |  |  |  | (6,324 | )
Intercompany financing activities |  | 18,261 |  |  | 1,713 |  |  | — |  |  | (19,974 | ) |  | — |
Net cash provided (used) by financing activities |  | 53,605 |  |  | (3,763 | ) |  | (7 | ) |  | (15,090 | ) |  | 34,745 |
Effect of exchange rates on cash |  | (182 | ) |  | 66 |  |  | 41 |  |  | — |  |  | (75 | )
Net increase decrease in cash and cash equivalents |  | (35,362 | ) |  | (4,988 | ) |  | 1,772 |  |  | — |  |  | (38,578 | )
Cash and cash equivalents at beginning of year |  | 36,280 |  |  | 10,022 |  |  | 1,282 |  |  | — |  |  | 47,584 |
Cash and cash equivalents at end of year |  | $ | 918 |  |  | $ | 5,034 |  |  | $ | 3,054 |  |  | $ | — |  |  | $ | 9,006 |

X
- References No definition available. + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed statement of comprehensive income (loss) including, but not limited to, statements of comprehensive income (loss) of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_CondensedStatementOfComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration