Barings BDC, Inc. (BBDC)
Barings BDC, Inc. (NYSE: BBDC) functions as a publicly traded, externally managed Business Development Company (BDC), operating under the regulatory framework of the Investment Company Act of 1940. Its investment strategy primarily involves providing capital through various debt instruments, such as senior secured loans, first and second lien debt, unitranche facilities, and subordinated debt, alongside equity co-investments. These financial solutions are extended to private middle-market companies operating across a diverse array of industries. BBDC's specialization encompasses financial solutions for situations like leveraged buyouts, management buyouts, growth financing, acquisition financings, recapitalizations, and change of control transactions. It also provides mezzanine capital and supports ESOPs for enterprises ranging from the lower middle market to mature and later-stage companies. Its industry exposure spans manufacturing and distribution, business services and technology, transportation and logistics, and consumer products and services. Operating exclusively within the United States, BBDC targets companies with an EBITDA between $10 million and $75 million, frequently those backed by private equity sponsors. Founded on October 10, 2006, Barings BDC, Inc. is headquartered in Charlotte, North Carolina, and also maintains an office in Raleigh.
Industry: Asset Management
Barings BDC, Inc.
NYSE:BBDCFinancial Services · Asset Management
-0.12%$8.30
AH Close$8.30+0.00%vs close
AH Close$8.30+0.00%vs close
Mkt Cap$869.07M
Float90.35M
O/S104.71M
Inst Own48.2%
Div Yield12.53%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$248.84M
Net Income$101.92M
Total Assets$2.64B
Free Cash Flow$160.54M
Debt & Equity
Debt 55%
Equity 45%
Total Debt$1.43B
Total Equity$1.16B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BBDC's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.64B
Liabilities$1.48B
Accounts Receivable$41.41M
Accounts Payable$7.38M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Revenue | $248.84M | $209.1M | $289.2M | $219.13M | $119.8M | $36.97M | $75.65M | $80.22M | $123M | $113.68M | $121.29M | $104.51M | $101.03M | $90.37M | $70.59M | $28.64M | $20.86M | $17.13M | $13.11M | $6.44M | $4.89M | $1.99M | $0 |
| YoY Growth | 19.0% | -27.7% | 32.0% | 82.9% | 224.0% | -51.1% | -5.7% | -34.8% | 8.2% | -6.3% | 16.1% | 3.4% | 11.8% | 28.0% | 146.5% | 37.3% | 21.8% | 30.7% | 103.4% | 31.6% | 146.3% | - | - |
| Cost of Revenue | $64.7M | $85.52M | $0 | $0 | $33.01M | $19.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.99M | $0 |
| Gross Profit | $184.14M | $123.59M | $289.2M | $219.13M | $86.79M | $17.16M | $75.65M | $80.22M | $123M | $113.68M | $121.29M | $104.51M | $101.03M | $90.37M | $70.59M | $28.64M | $20.86M | $17.13M | $13.11M | $6.44M | $4.89M | $0 | $0 |
| Gross Margin | 74.0% | 59.1% | 100.0% | 100.0% | 72.4% | 46.4% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $7.82M | $9.83M | $74.68M | $46M | $9.1M | $5.79M | $19M | $28.8M | $21.51M | $21.08M | $22.9M | $21.32M | $19.26M | $16.29M | $11.97M | $7.69M | $6.45M | $6.25M | $4.13M | $115K | $1.63M | $0 | $165K |
| Other | -$35.64M | $0 | $0 | $0 | $0 | $3.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34K | $311K | $551K | $746K | -$127K | $0 | $368K | $0 | -$124K |
| Total Operating Expenses | -$27.82M | $9.83M | $74.68M | $46M | $9.1M | $8.93M | $19M | $28.8M | $21.51M | $21.08M | $22.9M | $21.32M | $19.26M | $13.34M | $12M | $8M | $7M | $7M | $4M | $115K | $2M | $0 | $41K |
| Operating Income (EBIT) | $211.96M | $113.75M | $214.52M | $173.13M | $77.69M | $8.23M | $56.65M | $51.43M | $101.5M | $92.6M | $98.38M | $83.2M | $81.76M | $74.08M | $67.79M | $20.15M | $14.05M | $10.62M | $8.87M | -$103 | $3.17M | -$37K | $41K |
| Operating Margin | 85.2% | 54.4% | 74.2% | 79.0% | 64.9% | 22.3% | 74.9% | 64.1% | 82.5% | 81.5% | 81.1% | 79.6% | 80.9% | 82.0% | 96.0% | 70.4% | 67.3% | 62.0% | 67.7% | -0.0% | 64.8% | -1.8% | - |
| Interest Expense | $85.08M | $85.52M | $84.71M | $56.87M | $33.01M | $19.81M | $26.1M | $23.89M | $29.26M | $26.72M | $26.75M | $21.18M | $20.23M | $16.41M | $10.11M | $7.35M | $6.9M | $4.23M | $2.07M | $1.83M | $1.54M | $0 | $0 |
| Interest Income | $261.5M | $228.14M | $238.88M | $174M | $113.44M | $66.95M | $73.49M | $74.16M | $109.67M | $102.97M | $102.95M | $104.51M | $101.03M | $90.37M | $63.36M | $35.99M | $27.76M | $21.36M | $12.74M | $280K | $5.96M | $0 | $41K |
| Other Income (Expense) | -$106.16M | $0 | -$84.84M | -$167.04M | $0 | $0 | $1.88M | -$166.64M | -$129.28M | -$57.91M | -$50.14M | -$51.71M | -$12K | -$13.46M | $9.64M | $13.54M | -$9.51M | $0 | $0 | $2.37M | -$1.16M | -$1.23M | $0 |
| Income Before Tax (EBT) | $105.81M | $113.75M | $129.69M | $6.09M | $77.69M | $8.23M | $58.53M | -$115.21M | -$27.78M | $34.69M | $48.24M | $31.48M | $81.75M | $60.62M | $57.68M | $25.61M | $4.19M | $7.77M | $8.87M | $0 | $3.17M | -$1.26M | $0 |
| Income Tax Expense | $3.88M | $3.47M | $1.69M | $1.41M | $8K | $52K | $340K | -$932K | $871K | $435K | $384K | $3.12M | $540K | $552K | $908K | $221K | $150K | $133K | $53K | $103 | $0 | $0 | $1.21M |
| Net Income | $101.92M | $110.29M | $128M | $4.68M | $77.69M | $8.18M | $58.19M | -$114.28M | -$28.65M | $34.26M | $47.86M | $28.36M | $81.21M | $60.06M | $56.77M | $25.39M | $4.04M | $7.64M | $8.81M | -$103 | $3.17M | -$1.26M | -$1.17M |
| Net Income Margin | 41.0% | 52.7% | 44.3% | 2.1% | 64.8% | 22.1% | 76.9% | -142.5% | -23.3% | 30.1% | 39.5% | 27.1% | 80.4% | 66.5% | 80.4% | 88.7% | 19.4% | 44.6% | 67.2% | -0.0% | 64.8% | -63.5% | - |
| Supplementary Data | |||||||||||||||||||||||
| EPS | 0.97 | 1.04 | 1.20 | 0.05 | 1.19 | 0.17 | 1.16 | -2.29 | -0.62 | 0.94 | 1.44 | 0.95 | 2.94 | 2.25 | 2.90 | 1.99 | 0.47 | 1.11 | 1.31 | 1.30 | 0.47 | -0.19 | -0.18 |
| Diluted EPS | 0.97 | 1.04 | 1.20 | 0.05 | 1.19 | 0.17 | 1.16 | -2.29 | -0.62 | 0.94 | 1.44 | 0.95 | 2.94 | 2.25 | 2.90 | 1.99 | 0.47 | 1.11 | 1.31 | 1.30 | 0.47 | -0.19 | -0.18 |
| Weighted Average OS | 105.16M | 105.72M | 107.04M | 102.91M | 65.32M | 48.58M | 50.19M | 49.90M | 46.50M | 36.41M | 33.23M | 29.78M | 27.58M | 26.74M | 19.56M | 12.76M | 8.59M | 6.88M | 6.73M | 6.69M | 6.69M | 6.69M | 6.69M |
| EBITDA | $196.16M | $113.75M | $214.52M | $295M | $79.31M | $8.36B | $57.99M | $51.45M | $101.56M | $92.67M | $98.44M | $83.24M | $81.8M | $33K | $48.04M | $0 | $13.72M | $7.79M | $6.43M | $428.7M | $1.16M | -$37K | -$1.21M |
| EBITDA Margin | 78.8% | 54.4% | 74.2% | 134.6% | 66.2% | 22620.8% | 76.7% | 64.1% | 82.6% | 81.5% | 81.2% | 79.7% | 81.0% | 0.0% | 68.1% | - | 65.8% | 45.5% | 49.1% | 6653.7% | 23.7% | -1.8% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 |
| Assets | ||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||
| Cash and Cash Equivalents | $66.78M | $77.85M | $70.53M | $139.41M | $84.25M | $89M | $21.99M | $12.43M | $191.85M | $107.09M | $52.62M | $78.76M | $133.3M | $72.3M | $66.87M | $54.82M | $55.2M | $27.19M | $21.79M | $2.56M | $6.07M | $2.85M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $68.61M | $0 |
| Cash and Short-Term Investments | $66.78M | $77.85M | $70.53M | $139.41M | $84.25M | $89M | $21.99M | $12.43M | $191.85M | $107.09M | $52.62M | $78.76M | $133.3M | $72.3M | $66.87M | $54.82M | $55.2M | $27.19M | $21.79M | $2.56M | $74.67M | $2.85M |
| Accounts Receivable | $41.41M | $56.34M | $52.9M | $62.71M | $253.38M | $69.03M | $50.52M | $28.92M | $7.81M | $10.19M | $4.89M | $7.41M | $5.26M | $2.65M | $1.88M | $868K | $677K | $680K | $305K | $135K | $50K | $13.91M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $55.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$74.72M | -$16.76M |
| Total Current Assets | $164.18M | $134.19M | $126.99M | $203.2M | $340.99M | $160.04M | $73.62M | $45.47M | $201.59M | $118.94M | $58.45M | $86.61M | $139.39M | $75.35M | $69.38M | $55.81M | $56.16M | $27.97M | $22.14M | $2.69M | $0 | $0 |
| Long-Term Assets | ||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $81K | $106K | $106K | $109K | $61K | $56K | $58K | $48K | $29K | $48K | $34K | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $2.46B | $88.27M | $57.8M | $54.59M | $16.34M | $13.6M | $0 | $1.12B | $1.02B | $1.04B | $977.28M | $887.22M | $664.37M | $706.8M | $507.08M | $325.99M | $201.32M | $182.11M | $227.41M | $55M | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $9.66M | $2.47B | $2.49B | $2.45B | $1.8B | $1.5B | $1.18B | $252K | $5.11M | $2.7M | $3.48M | $1.23M | $11.06M | $12.32M | $6.68M | $6.2M | $3.54M | $3.55M | -$113.38M | $1.23M | $0 | $0 |
| Total Long-Term Assets | $2.47B | $2.56B | $2.55B | $2.51B | $1.82B | $1.52B | $1.18B | $1.12B | $1.02B | $1.04B | $980.86M | $888.56M | $675.5M | $719.18M | $513.82M | $332.24M | $204.89M | $185.7M | $114.07M | $56.23M | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $112.95M | $37.28M |
| Total Assets | $2.64B | $2.7B | $2.68B | $2.71B | $2.16B | $1.68B | $1.25B | $1.17B | $1.22B | $1.16B | $1.04B | $975.17M | $814.89M | $794.54M | $583.19M | $388.05M | $261.05M | $213.67M | $136.21M | $58.92M | $112.95M | $37.28M |
| Liabilities | ||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||
| Accounts Payable | $7.38M | $29.19M | $12.51M | $44.17M | $34.83M | $9.81M | $8.92M | $34.61M | $15.99M | $10.79M | $11.18M | $10.51M | $10.51M | $9.54M | $7.64M | $2.39M | $2.33M | $1.88M | $699K | $606K | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $570M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $796K | $490K | $735K | $2.51M | $1.06M | $3.21M | $1.4M | $198K | $59K | $30K | $53K | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $183K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $41.98M | $29.19M | $12.51M | $44.17M | $34.83M | $9.81M | $8.92M | $604.61M | $15.99M | $10.79M | $11.18M | $10.51M | $10.51M | $9.54M | $11.76M | $4.66M | $4.56M | $3.49M | $1.84M | $1.4M | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||
| Long-Term Debt | $1.43B | $1.45B | $1.44B | $1.45B | $1.37B | $944M | $669.15M | $570M | $565.8M | $535.16M | $514.05M | $436.9M | $354.01M | $149.5M | $239.24M | $202.46M | $121.91M | $115.11M | $37.01M | $0 | $31.8M | $17.7M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $38K | $75K | $0 | $31K | $0 | $602K | $537K |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.33M | $2.05M | $4.99M | $3.36M | $3.51M | $1.34M | $629K | $209K | $577K | $844K | $1.76M | $0 | $0 | $0 |
| Other Long-Term Liabilities | $3.62M | $25.69M | $27.89M | $25.34M | $11.4M | $5.42M | $3.69M | -$570M | -$1.33M | $490K | $735K | -$6.43M | $1.06M | $216.82M | -$2.71M | $198K | $4.83M | $2.8M | $2.09M | $32.36M | -$32.4M | -$18.24M |
| Total Long-Term Liabilities | $1.43B | $1.48B | $1.47B | $1.47B | $1.38B | $949.42M | $672.84M | $0 | $565.8M | $537.7M | $519.77M | $433.83M | $358.59M | $367.66M | $237.15M | $202.91M | $127.4M | $118.75M | $40.89M | $32.36M | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32.98M | $18.47M |
| Total Liabilities | $1.48B | $1.51B | $1.48B | $1.52B | $1.42B | $959.23M | $681.76M | $604.61M | $581.79M | $548.49M | $530.95M | $444.34M | $369.1M | $377.2M | $248.91M | $207.57M | $131.95M | $122.24M | $42.74M | $33.76M | $32.98M | $18.47M |
| Stockholders' Equity | ||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $104K | $105K | $106K | $108K | $65K | $65K | $49K | $51K | $48K | $40K | $33K | $33K | $28K | $27K | $23K | $15K | $12K | $7K | $7K | $0 | $6K | $0 |
| Retained Earnings | -$702.26M | -$656.73M | -$658M | -$663.75M | -$285.82M | -$309.97M | -$282.94M | -$321.98M | -$182.39M | $5.88M | $16.13M | $12.93M | $8.61M | $6.78M | $6.85M | $0 | $1.07M | $2.12M | $0 | -$103 | $1.49M | -$2.43M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$190.69M | -$81.6M | -$57.04M | -$24.25M | $36.72M | $13.99M | $9.12M | -$3.14M | -$7.68M | $1.47M | $6.52M | $3.91M | $0 | $21.25M |
| Other Stockholders' Equity | $1.86B | $1.85B | $1.85B | $1.86B | $1.03B | $1.03B | $853.77M | $884.89M | $823.61M | $605.23M | $492.21M | $517.87M | $437.15M | $410.52M | $327.42M | $180.46M | $128.02M | $89.3M | $93.47M | $25.16M | $78.47M | $21.25M |
| Total Equity | $1.16B | $1.19B | $1.2B | $1.19B | $741.93M | $717.8M | $570.87M | $562.97M | $641.28M | $611.16M | $508.37M | $530.83M | $445.79M | $417.34M | $334.29M | $180.48M | $129.1M | $91.43M | $93.47M | $25.16M | $79.97M | $18.82M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100 | $100 |
| Total Liabilities and Equity | $2.64B | $2.7B | $2.68B | $2.71B | $2.16B | $1.68B | $1.25B | $1.17B | $1.22B | $1.16B | $1.04B | $975.17M | $814.89M | $794.54M | $583.19M | $388.05M | $261.05M | $213.67M | $136.21M | $58.92M | $112.95M | $37.28M |
| Supplementary Data | ||||||||||||||||||||||
| Total Debt | $1.43B | $1.45B | $1.44B | $1.45B | $1.37B | $944M | $669.15M | $1.14B | $565.8M | $535.16M | $514.05M | $436.9M | $354.01M | $149.5M | $239.24M | $202.46M | $121.91M | $115.11M | $37.01M | $0 | $31.8M | $17.7M |
| Net Debt | $1.36B | $1.37B | $1.37B | $1.31B | $1.29B | $855M | $647.16M | $1.13B | $373.95M | $428.07M | $461.43M | $358.14M | $220.7M | $77.2M | $172.37M | $147.64M | $66.71M | $87.92M | $15.22M | -$2.56M | $25.73M | $14.85M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 |
| Operating Activities | ||||||||||||||||||||||
| Net Income | $101.92M | $110.29M | $128M | $4.68M | $77.69M | $8.18M | $58.19M | -$114.28M | -$28.65M | $34.26M | $47.86M | $28.36M | $81.21M | $60.06M | $56.77M | $25.39M | $4.04M | $7.64M | $8.81M | -$103 | $3.17M | -$1.26M |
| Depreciation & Amortization | $5.28M | $0 | $0 | $121.87M | $1.62M | $8.36B | $1.34M | $27K | $66K | $70K | $60K | $48K | $40K | $33K | $27K | $20K | $23K | $17K | $8K | $414.92M | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$103.22M | -$722K | -$2.93M | $1.62M | -$151K | $2.17M | $714K | $420K | -$369K | -$267K | $770K | $1.76M | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.23M | $6.02M | $10.33M | $6.99M | $5.84M | $3.98M | $3.03M | $1.91M | $1.15M | $702K | $275K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||
| Accounts Receivable | $317K | $8.42M | -$6.43M | -$14.6M | -$14.47M | -$4.02M | $747K | -$5.99M | $2.38M | -$5.3M | $2.52M | -$2.15M | -$2.61M | -$767K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$98K |
| Inventory | $0 | $0 | $0 | $14.6M | $14.47M | $4.02M | -$747K | $32.33M | $19.18M | $11.68M | $14.94M | $17.83M | $0 | $18.42M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $2.05M | $8.71M | -$7.76M | $84.46M | $3.89B | -$159.26M | -$9.91M | $540 | $282K | $349K | $348K | -$119K | -$385K | $1.13M | $55K | $452K | $1.18M | $92K | $78.92M | $336K | -$10K |
| Other Working Capital | $2.96M | $7.6M | $349K | -$15.88M | -$95.58M | -$3.89B | $164.66M | -$34.6M | -$16M | -$13.3M | -$16.9M | -$16.3M | -$4.09M | -$14.1M | $1.5M | $100K | $528K | $20K | $354K | -$78.92M | $13K | $230K |
| Total Working Capital Change | $3.28M | $18.07M | $2.63M | -$23.63M | -$11.12M | -$1.59M | $5.4M | -$18.17M | $5.56M | -$6.64M | $906K | -$271K | -$4.21M | $3.16M | $2.63M | $155K | $981K | $1.2M | $447K | $78.92M | $349K | $122K |
| Other Non-Cash Items | $50.06M | -$10.51M | -$53.68M | -$16.65M | -$464.74M | -$8.58B | -$96.43M | $23.13M | $25.69M | -$58.22M | -$88.67M | -$222.08M | $44.17M | -$197.57M | -$179.97M | -$123.8M | -$18.85M | -$70.53M | -$209K | -$493.84M | -$17.24M | -$19.16M |
| Net Cash from Operating | $160.54M | $117.85M | $76.94M | $86.27M | -$396.55M | -$218.13M | -$31.5M | -$198.29M | $7.97M | -$23.14M | -$31.23M | -$188.25M | $127.36M | -$130.56M | -$118.21M | -$97.45M | -$13.37M | -$60.63M | -$47.84M | -$103 | -$13.72M | -$20.3M |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$41K | -$71K | -$57K | -$97K | -$45K | -$30K | -$38K | -$39K | -$3K | -$31K | -$42K | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | -$96.72B | $0 | $31K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$637.44M | $0 | -$1.16B | -$1.76T | -$2.06T | -$1.39T | -$2.92T | -$483.74B | -$319.47B | -$453.93B | -$474.58B | -$174.32B | -$348.94B | -$225B | -$173.58B | -$48.48B | -$93.05B | -$64.16B | -$21.46B | $0 | $0 |
| Sales of Investments | $0 | $641.75M | $0 | $1.04B | $1.31T | $1.9T | $1.31T | $1.92T | $403.68B | $236.69B | $343.27B | $222.03B | $247.35B | $159.28B | $66.35B | $54.91B | $21.43B | $20.97B | $10.47B | $9.97B | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $992.36B | $80.06B | $82.77B | $110.66B | $252.54B | -$73.03B | $189.66B | $158.65B | $118.67B | $27.04B | $72.09B | $53.69B | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $4.31M | $0 | -$120.88M | -$451.63B | -$262.35B | -$75.16B | $31K | -$41K | -$71K | -$57K | -$97K | -$45K | -$30K | -$38K | -$39K | -$3K | -$31K | -$42K | -$11.49B | $0 | $0 |
| Financing Activities | ||||||||||||||||||||||
| Debt Repaid | $46.58M | -$15.14M | $19.66M | -$96.6M | -$449.15M | -$167.5M | -$99.65M | $2.6M | -$27.51M | -$20.6M | -$85.37M | -$83.78M | $8.87M | -$123.69M | -$36.6M | -$80.5M | -$6.8M | -$78.1M | -$5.21M | - | -$14.1M | -$17.7M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $160.35M | $0 | $99.84M | $132M | $129.13M | $0 | $127.73M | $0 | $77.12M | $128.64M | $41.21M | $47.33M | $0 | $64.73M | $2K | $0 | $0 |
| Common Stock Repurchases | -$6.35M | -$6.44M | -$14.77M | -$32.1M | $0 | -$7.13M | -$23.36M | -$51M | -$2.18M | -$4.45M | -$2.55M | -$2.61M | $0 | -$2.89M | -$643K | -$235K | -$67K | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$125.25M | -$110.05M | -$109M | -$93.73M | -$53.56M | -$31.32M | -$26.93M | -$21.07M | -$77.07M | -$66.48M | -$74.75M | -$74.29M | -$56.74M | -$51.79M | -$32.37M | -$20.91M | -$12.32M | -$9.24M | -$3.72M | -$5M | $0 | $0 |
| Other Financing Activities | -$6.93M | $0 | -$2.4M | -$1.87M | -$7.27M | -$773K | -$8.29M | $99.53M | -$5.6M | -$5.57M | -$2.97M | -$3.42M | $0 | -$13M | -$2.57M | -$3.69M | -$359K | -$2.8M | $894K | $5.31B | $2.83M | $2.48M |
| Net Cash from Financing | -$185.1M | -$101.35M | -$145.83M | -$31.11M | $388.32M | $288.63M | $41.07M | $18.83M | $76.84M | $77.68M | $5.15M | $133.8M | -$66.31M | $136.02M | $130.3M | $97.11M | $41.38M | $66.06M | $67.12M | $32K | $16.93M | $20.18M |
| Forex Effect | $0 | $0 | $0 | $120.88M | $451.63B | $262.35B | $75.16B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.49B | $0 | $0 |
| Net Change in Cash | -$24.56M | $20.81M | -$68.89M | $55.16M | -$8.23M | $70.5M | $9.56M | -$179.42M | $84.76M | $54.47M | -$26.14M | -$54.55M | $61M | $5.43M | $12.05M | -$380K | $28.01M | $5.41M | $19.23M | -$6.07B | $3.22M | $0 |
| Supplementary Data | ||||||||||||||||||||||
| Operating Cash Flow | $160.54M | $117.85M | $76.94M | $86.27M | -$396.55M | -$218.13M | -$31.5M | -$198.29M | $7.97M | -$23.14M | -$31.23M | -$188.25M | $127.36M | -$130.56M | -$118.21M | -$97.45M | -$13.37M | -$60.63M | -$47.84M | -$103 | -$13.72M | -$20.3M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$41K | -$71K | -$57K | -$97K | -$45K | -$30K | -$38K | -$39K | -$3K | -$31K | -$42K | $0 | $0 | $0 |
| Free Cash Flow | $160.54M | $117.85M | $76.94M | $86.27M | -$396.55M | -$218.13M | -$31.5M | -$198.29M | $7.93M | -$23.21M | -$31.29M | -$188.35M | $127.31M | -$130.59M | -$118.25M | -$97.49M | -$13.38M | -$60.66M | -$47.89M | -$103 | -$13.72M | -$20.3M |
| Cash at Beginning | $91.34M | $70.53M | $139.41M | $84.25M | $92.49M | $21.99M | $12.43M | $191.85M | $107.09M | $52.62M | $78.76M | $133.3M | $72.3M | $66.87M | $54.82M | $55.2M | $27.19M | $21.79M | $2.56M | $6.07B | $2.85M | $0 |
| Cash at End | $66.78M | $91.34M | $70.53M | $139.41M | $84.25M | $92.49M | $21.99M | $12.43M | $191.85M | $107.09M | $52.62M | $78.76M | $133.3M | $72.3M | $66.87M | $54.82M | $55.2M | $27.19M | $21.79M | $31K | $6.07M | $2.85M |