v3.25.2
Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Investment income        
Payment-in-kind interest income $ 13,516 $ 10,177 $ 38,577 $ 33,805
Total investment income 218,344 171,271 652,936 500,271
Expenses        
Interest and other debt financing expenses 70,698 60,116 220,253 145,801
Base management fee 22,082 14,362 65,376 41,980
Incentive fee 18,543 14,400 54,848 56,311
Professional fees 2,142 1,486 5,747 4,136
Administrative service fee 3,142 2,090 9,229 6,480
General and administrative expenses 475 370 1,444 1,135
Total expenses 117,082 92,824 356,897 255,843
Incentive fee waived (Note 3) 0 (14,400) 0 (19,557)
Net expenses 117,082 78,424 356,897 236,286
Net investment income - before tax 101,262 92,847 296,039 263,985
Excise and income tax 0 125 (475) 1,195
Net investment income - after tax 101,262 92,722 296,514 262,790
Net realized gain (loss) from:        
Company investments     (41,844) (49,505)
Foreign currency transactions (400) (6,206) (4,279) (1,560)
Forward currency contracts 0 624 7,203 624
Net realized gain (loss) on investment transactions (24) (37,719) (38,920) (50,441)
Net change in unrealized appreciation (depreciation) from:        
Company investments     25,877 (35,609)
Translation of assets and liabilities in foreign currencies 23,857 3,709 12,311 (260)
Net change in unrealized appreciation (depreciation) on investment transactions (11,391) (45,941) 22,401 (34,280)
Net gain (loss) on investment transactions (11,415) (83,660) (16,519) (84,721)
Net realized gain (loss) on extinguishment of debt 0 0 (48) 0
(Provision) benefit for taxes on unrealized appreciation on investments 211 190 409 517
Net increase (decrease) in net assets resulting from operations $ 90,058 $ 9,252 $ 280,356 $ 178,586
Per Common Share Data        
Basic earnings per common share (Note 10) (in dollars per share) $ 0.34 $ 0.05 $ 1.05 $ 0.99
Diluted earnings per common share (Note 10) (in dollars per share) 0.34 0.05 1.05 0.99
Dividends and distributions declared per common share (in dollars per share) $ 0.39 $ 0.50 $ 1.26 $ 1.40
Basic weighted average common shares outstanding (Note 10) (in shares) 266,844,118 199,969,889 265,882,773 180,047,668
Diluted weighted average common shares outstanding (Note 10) (in shares) 266,844,118 199,969,889 265,882,773 180,047,668
Foreign exchange        
Net realized gain (loss) from:        
Forward currency contracts $ 0 $ 624 $ 7,203 $ 624
Net change in unrealized appreciation (depreciation) from:        
Forward currency contracts (22,219) 2,972 (15,787) 1,589
Non-controlled/non-affiliate company investments        
Investment income        
Interest income 193,964 153,899 580,342 447,809
Payment-in-kind interest income 12,671 9,036 36,409 30,096
Dividend income 8,224 5,705 24,588 14,445
Fee income 787 665 3,032 1,482
Total investment income 215,646 169,305 644,371 493,832
Net realized gain (loss) from:        
Company investments 376 (32,137) (41,844) (30,988)
Net change in unrealized appreciation (depreciation) from:        
Company investments (12,613) (53,214) 26,131 (34,523)
Non-controlled affiliate company investments        
Investment income        
Interest income 1,817 795 6,301 2,625
Payment-in-kind interest income 721 1,033 1,806 3,392
Fee income 32 26 81 92
Total investment income 2,570 1,854 8,188 6,109
Net realized gain (loss) from:        
Company investments 0 0 0 (18,517)
Net change in unrealized appreciation (depreciation) from:        
Company investments (232) 396 457 25
Controlled affiliate company investments        
Investment income        
Payment-in-kind interest income 124 108 362 317
Fee income 4 4 15 13
Total investment income 128 112 377 330
Net realized gain (loss) from:        
Company investments     0  
Net change in unrealized appreciation (depreciation) from:        
Company investments $ (184) $ 196 $ (711) $ (1,111)