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Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Investment income        
Payment-in-kind interest income $ 9,587 $ 5,382 $ 27,270 $ 14,325
Total investment income 154,720 95,626 438,550 268,154
Expenses        
Interest and other debt financing expenses 39,487 23,278 109,988 60,389
Base management fee 18,997 19,025 56,747 54,545
Incentive fee 18,857 (4,096) 52,844 3,647
Professional fees 1,225 1,039 3,753 2,667
Administrative service fee 2,049 1,980 6,182 5,438
General and administrative expenses 327 472 957 1,214
Total expenses 80,942 41,698 230,471 127,900
Base management fee waived 0 0 0 (1,904)
Net expenses 80,942 41,698 230,471 125,996
Net investment income - before tax 73,778 53,928 208,079 142,158
Excise tax 0 0 2,432 0
Net investment income - after tax 73,778 53,928 205,647 142,158
Net realized gain (loss) from:        
Net realized (gain) loss on investments     (46,555) 15,772
Foreign currency transactions 1,141 (165) (28) 579
Forward currency contracts 2,021 1,080 3,192 1,080
Net realized gain (loss) on investment transactions (41,923) 2,511 (43,391) 17,431
Net change in unrealized appreciation (depreciation) from:        
Debt and equity securities, unrealized gain (loss)     (5,089) (8,279)
Translation of assets and liabilities in foreign currencies 3,399 (13,482) 21,857 (18,942)
Forward currency contracts (5,431) 11,922 (22,326) 14,059
Net change in unrealized appreciation (depreciation) on investment transactions 41,050 (40,555) (5,558) (13,162)
Net gain (loss) on investment transactions (873) (38,044) (48,949) 4,269
(Provision) benefit for taxes on realized gain on investments 0 0 (207) 0
(Provision) benefit for taxes on unrealized appreciation on investments 78 (478) 576 (1,070)
Net increase (decrease) in net assets resulting from operations $ 72,983 $ 15,406 $ 157,067 $ 145,357
Per Common Share Data        
Basic earnings per common share (in dollars per share) $ 0.43 $ 0.09 $ 0.92 $ 0.85
Diluted earnings per common share (in dollars per share) 0.43 0.09 0.92 0.85
Dividends and distributions declared per common share (in dollars per share) $ 0.33 $ 0.30 $ 0.99 $ 0.90
Basic weighted average common shares outstanding (in shares) 169,980,131 170,895,670 170,570,633 170,600,061
Diluted weighted average common shares outstanding (in shares) 169,980,131 170,895,670 170,570,633 170,600,061
Non-controlled/non-affiliate company investments        
Investment income        
Interest income $ 140,169 $ 88,530 $ 396,237 $ 248,934
Payment-in-kind interest income 9,248 4,863 24,654 13,233
Dividend income 4,058 52 12,097 372
Fee income 275 1,042 1,790 2,270
Total investment income 153,750 94,487 434,778 264,809
Net realized gain (loss) from:        
Net realized (gain) loss on investments (44,158) 1,596 (45,948) 16,798
Net change in unrealized appreciation (depreciation) from:        
Debt and equity securities, unrealized gain (loss) 44,697 (38,809) 10,577 (3,351)
Non-controlled affiliate company investments        
Investment income        
Interest income 639 647 1,167 2,335
Payment-in-kind interest income 241 458 2,330 953
Fee income 16 0 59 0
Total investment income 896 1,105 3,556 3,288
Net realized gain (loss) from:        
Net realized (gain) loss on investments 0 0 320 (1,026)
Net change in unrealized appreciation (depreciation) from:        
Debt and equity securities, unrealized gain (loss) (2,457) (557) (15,929) (1,448)
Controlled affiliate company investments        
Investment income        
Interest income [1] (28) (27) (83) (82)
Payment-in-kind interest income 98 61 286 139
Fee income 4 0 13 0
Total investment income 74 34 216 57
Net realized gain (loss) from:        
Net realized (gain) loss on investments     (927) 0
Net change in unrealized appreciation (depreciation) from:        
Debt and equity securities, unrealized gain (loss) $ 842 $ 371 $ 263 $ (3,480)
[1] Negative interest income amounts are due to amortization of the GCIC acquisition purchase premium. Refer to Note 2 for additional details on the GCIC acquisition purchase premium.