XML 81 R84.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Business Segments (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2015 | Mar. 31, 2015 | [1] | Dec. 31, 2014 | [2] | Sep. 30, 2014 | [2] | Jun. 30, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2013
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |
Net sales | $ 184,950 | $ 187,495 | $ 188,688 | $ 187,458 | $ 183,677 | $ 173,267 | $ 172,742 | $ 162,228 | $ 748,591 | $ 691,914 | $ 653,151
Depreciation and amortization | 5,654 | 5,356 | 5,241 | 5,353 | 5,838 | 5,122 | 5,292 | 5,201 | 21,604 | 21,453 | 19,023
Adjusted EBITDA | 27,037 | 27,496 | 25,028 | 30,458 | 24,245 | 22,444 | 22,310 | 21,598 | 110,019 | 90,597 | 75,754
Reconciliation of Adjusted EBITDA to income before income taxes |  |  |  |  |  |  |  |  |  |  |
Adjusted EBITDA | 27,037 | 27,496 | 25,028 | 30,458 | 24,245 | 22,444 | 22,310 | 21,598 | 110,019 | 90,597 | 75,754
Depreciation and amortization | (5,654) | (5,356) | $ (5,241) | $ (5,353) | (5,838) | (5,122) | (5,292) | (5,201) | $ (21,604) | (21,453) | $ (19,023)
Loss on insurance claim |  |  |  |  | (5,350) |  |  |  |  | (5,350) |
Acquisition related accrued compensation | (420) | (327) |  |  |  |  |  |  | $ (747) |  |
Interest expense, net | (3,698) | (3,602) | $ (3,515) | $ (3,490) | (6,764) | (8,744) | (8,719) | (8,735) | (14,305) | (32,962) | $ (35,629)
Foreign currency gains (losses), net | (1,455) | 4,633 | 1,018 | 1,204 | 335 | (275) | (1,165) | (648) | 5,400 | (1,753) | (3,103)
Loss on extinguishment of debt |  |  |  |  | (22,771) |  |  |  |  | (22,771) |
Other income (expense), net |  |  |  |  |  |  |  |  |  |  | (151)
Income before income taxes | 15,810 | 22,844 | 17,290 | 22,819 | (16,143) | 8,303 | 7,134 | 7,014 | 78,763 | 6,308 | 17,848
Identifiable assets | 493,318 |  |  |  | 472,323 |  |  |  | 493,318 | 472,323 |
Operating Segments | Animal Health |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |
Net sales | 117,444 | 117,346 | 118,785 | 117,225 | 114,108 | 107,808 | 107,966 | 101,171 | 470,800 | 431,053 | 384,941
Depreciation and amortization |  |  |  |  |  |  |  |  | 15,430 | 15,484 | 13,907
Adjusted EBITDA | 29,880 | 29,629 | 28,296 | 32,454 | 26,146 | 25,505 | 24,522 | 24,107 | 120,259 | 100,280 | 82,997
Reconciliation of Adjusted EBITDA to income before income taxes |  |  |  |  |  |  |  |  |  |  |
Adjusted EBITDA | 29,880 | 29,629 | 28,296 | 32,454 | 26,146 | 25,505 | 24,522 | 24,107 | 120,259 | 100,280 | 82,997
Depreciation and amortization |  |  |  |  |  |  |  |  | (15,430) | (15,484) | (13,907)
Identifiable assets | 361,078 |  |  |  | 361,376 |  |  |  | 361,078 | 361,376 |
Operating Segments | Mineral Nutrition |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |
Net sales | 55,593 | 57,320 | 58,742 | 55,447 | 54,879 | 49,901 | 50,633 | 46,186 | 227,102 | 201,599 | 203,169
Depreciation and amortization |  |  |  |  |  |  |  |  | 2,468 | 2,368 | 2,275
Adjusted EBITDA | 3,435 | 3,761 | 3,754 | 3,479 | 3,491 | 2,807 | 2,878 | 2,460 | 14,429 | 11,636 | 12,069
Reconciliation of Adjusted EBITDA to income before income taxes |  |  |  |  |  |  |  |  |  |  |
Adjusted EBITDA | 3,435 | 3,761 | 3,754 | 3,479 | 3,491 | 2,807 | 2,878 | 2,460 | 14,429 | 11,636 | 12,069
Depreciation and amortization |  |  |  |  |  |  |  |  | (2,468) | (2,368) | (2,275)
Identifiable assets | 59,881 |  |  |  | 57,460 |  |  |  | 59,881 | 57,460 |
Operating Segments | Performance Products |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |
Net sales | 11,913 | 12,829 | 11,161 | 14,786 | 14,690 | 15,558 | 14,143 | 14,871 | 50,689 | 59,262 | 65,041
Depreciation and amortization |  |  |  |  |  |  |  |  | 577 | 412 | 242
Adjusted EBITDA | 454 | 994 | 162 | 1,036 | 1,521 | 906 | 1,103 | 1,096 | 2,646 | 4,626 | 2,927
Reconciliation of Adjusted EBITDA to income before income taxes |  |  |  |  |  |  |  |  |  |  |
Adjusted EBITDA | 454 | 994 | 162 | 1,036 | 1,521 | 906 | 1,103 | 1,096 | 2,646 | 4,626 | 2,927
Depreciation and amortization |  |  |  |  |  |  |  |  | (577) | (412) | (242)
Identifiable assets | 22,255 |  |  |  | 23,429 |  |  |  | 22,255 | 23,429 |
Corporate |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  |  |  |  |  |  |  | 3,129 | 3,189 | 2,599
Adjusted EBITDA | (6,732) | (6,888) | (7,184) | (6,511) | (6,913) | (6,774) | (6,193) | (6,065) | (27,315) | (25,945) | (22,239)
Reconciliation of Adjusted EBITDA to income before income taxes |  |  |  |  |  |  |  |  |  |  |
Adjusted EBITDA | (6,732) | $ (6,888) | $ (7,184) | $ (6,511) | (6,913) | $ (6,774) | $ (6,193) | $ (6,065) | (27,315) | (25,945) | (22,239)
Depreciation and amortization |  |  |  |  |  |  |  |  | (3,129) | (3,189) | $ (2,599)
Identifiable assets | $ 50,104 |  |  |  | $ 30,058 |  |  |  | $ 50,104 | $ 30,058 |
[1] | (Restated)
[2] | (Revised)

X
- Definition Adjusted earnings before interest taxes depreciation and amortization. + References No definition available. + Details
Name: | pahc_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
Namespace Prefix: | pahc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represent amount of related to gain or loss in connection with settlement of insurance claim. + References No definition available. + Details
Name: | pahc_GainLossOnInsuranceClaim
Namespace Prefix: | pahc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

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

X
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.18) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 12 -Article 7 + Details
Name: | us-gaap_Assets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 25 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=34752592&loc=d3e1043-128460 + Details
Name: | us-gaap_BusinessCombinationAcquisitionRelatedCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585 + Details
Name: | us-gaap_DepreciationDepletionAndAmortization
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450222&loc=d3e30840-110895 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 20 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6450189&loc=d3e30700-110894 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450189&loc=d3e30690-110894 + Details
Name: | us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=49170532&loc=d3e12317-112629 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=49170532&loc=d3e12355-112629 + Details
Name: | us-gaap_GainsLossesOnExtinguishmentOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 20 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51673353&loc=d3e41242-110953 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 10 -Article 5 + Details
Name: | us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The net amount of operating interest income (expense). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.10) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
Name: | us-gaap_InterestIncomeExpenseNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.9) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_OtherNonoperatingIncomeExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_Revenues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=pahc_AnimalHealthMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=pahc_MineralNutritionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=pahc_PerformanceProductsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConsolidationItemsAxis=us-gaap_CorporateNonSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |