$HNNA
HENNESSY ADVISORS INC

2020 Q3 Form 10-Q Financial Statement

#000119312520211915 Filed on August 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2020 Q2 2019 Q2
Revenue $7.370M $6.895M $10.24M
YoY Change -27.53% -32.69% -24.49%
Cost Of Revenue $1.680M $1.570M $2.290M
YoY Change -25.33% -31.44% -13.91%
Gross Profit $5.690M $5.330M $8.160M
YoY Change -28.25% -34.68% -25.21%
Gross Profit Margin 77.2% 77.3% 79.66%
Selling, General & Admin $3.320M $2.980M $4.160M
YoY Change -23.68% -28.37% -11.86%
% of Gross Profit 58.35% 55.91% 50.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $60.00K $63.00K $53.00K
YoY Change 0.0% 18.87% -14.52%
% of Gross Profit 1.05% 1.18% 0.65%
Operating Expenses $3.380M $4.612M $6.513M
YoY Change -23.18% -29.19% -12.46%
Operating Profit $2.310M $2.283M $3.731M
YoY Change -34.56% -38.81% -39.11%
Interest Expense $0.00 $0.00 $187.0K
YoY Change -100.0% -100.0% -40.63%
% of Operating Profit 0.0% 0.0% 5.01%
Other Income/Expense, Net $0.00 $0.00 $90.00K
YoY Change -100.0% -100.0% 125.0%
Pretax Income $2.310M $2.284M $3.600M
YoY Change -31.66% -36.56% -38.52%
Income Tax $840.0K $509.0K $972.0K
% Of Pretax Income 36.36% 22.29% 27.0%
Net Earnings $1.470M $1.775M $2.628M
YoY Change -39.0% -32.46% -37.7%
Net Earnings / Revenue 19.95% 25.74% 25.65%
Basic Earnings Per Share $0.24 $0.35
Diluted Earnings Per Share $201.4K $0.24 $0.35
COMMON SHARES
Basic Shares Outstanding 7.264M 7.262M 7.501M
Diluted Shares Outstanding 7.279M 7.538M

Balance Sheet

Concept 2020 Q3 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.00M $8.700M $23.80M
YoY Change -59.51% -63.45% 12.26%
Cash & Equivalents $9.955M $8.708M $23.75M
Short-Term Investments $0.00 $0.00 $0.00
Other Short-Term Assets $600.0K $400.0K $500.0K
YoY Change 0.0% -20.0% -16.67%
Inventory
Prepaid Expenses $637.0K $421.0K $524.0K
Receivables $2.403M $2.394M $3.376M
Other Receivables $378.0K $286.0K $435.0K
Total Short-Term Assets $13.38M $11.82M $28.09M
YoY Change -53.87% -57.93% 5.22%
LONG-TERM ASSETS
Property, Plant & Equipment $294.0K $288.0K $394.0K
YoY Change -18.56% -26.9% 7.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $191.0K $192.0K $191.0K
YoY Change -0.52% 0.52% 1.6%
Total Long-Term Assets $81.40M $81.49M $80.52M
YoY Change 0.26% 1.21% 2.45%
TOTAL ASSETS
Total Short-Term Assets $13.38M $11.82M $28.09M
Total Long-Term Assets $81.40M $81.49M $80.52M
Total Assets $94.79M $93.31M $108.6M
YoY Change -13.99% -14.09% 3.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.600M
YoY Change -20.69%
Accrued Expenses $4.100M $3.700M
YoY Change 485.71%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $4.234M
YoY Change -100.0% -100.0% 0.14%
Total Short-Term Liabilities $5.092M $4.469M $9.533M
YoY Change -55.19% -53.12% -10.59%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $14.23M
YoY Change -100.0% -100.0% -23.33%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $14.23M
YoY Change -100.0% -100.0% -23.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.092M $4.469M $9.533M
Total Long-Term Liabilities $0.00 $0.00 $14.23M
Total Liabilities $16.61M $15.75M $33.93M
YoY Change -52.11% -53.59% -8.98%
SHAREHOLDERS EQUITY
Retained Earnings $59.47M $59.01M $57.07M
YoY Change 2.8% 3.4% 11.15%
Common Stock $18.71M $18.56M $17.61M
YoY Change 5.84% 5.35% 5.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $78.18M $77.57M $74.68M
YoY Change
Total Liabilities & Shareholders Equity $94.79M $93.31M $108.6M
YoY Change -13.99% -14.09% 3.15%

Cashflow Statement

Concept 2020 Q3 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $1.470M $1.775M $2.628M
YoY Change -39.0% -32.46% -37.7%
Depreciation, Depletion And Amortization $60.00K $63.00K $53.00K
YoY Change 0.0% 18.87% -14.52%
Cash From Operating Activities $2.610M $2.720M $4.760M
YoY Change -37.41% -42.86% -25.86%
INVESTING ACTIVITIES
Capital Expenditures -$70.00K -$30.00K -$90.00K
YoY Change 250.0% -66.67% 12.5%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$70.00K -$30.00K -$90.00K
YoY Change 250.0% -66.67% 12.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.290M -980.0K -5.990M
YoY Change -59.81% -83.64% 223.78%
NET CHANGE
Cash From Operating Activities 2.610M 2.720M 4.760M
Cash From Investing Activities -70.00K -30.00K -90.00K
Cash From Financing Activities -1.290M -980.0K -5.990M
Net Change In Cash 1.250M 1.710M -1.320M
YoY Change 32.98% -229.55% -129.4%
FREE CASH FLOW
Cash From Operating Activities $2.610M $2.720M $4.760M
Capital Expenditures -$70.00K -$30.00K -$90.00K
Free Cash Flow $2.680M $2.750M $4.850M
YoY Change -36.04% -43.3% -25.38%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
288000
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
361000
CY2020Q2 us-gaap Indefinite Lived Contractual Rights
IndefiniteLivedContractualRights
80643000
CY2019Q3 us-gaap Indefinite Lived Contractual Rights
IndefiniteLivedContractualRights
80643000
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
192000
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
192000
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8708000
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
24687000
CY2020Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
9000
CY2019Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
9000
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2394000
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3291000
CY2020Q2 us-gaap Assets
Assets
93310000
CY2019Q3 us-gaap Assets
Assets
110208000
CY2020Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
421000
CY2019Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
633000
CY2020Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
286000
CY2019Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
392000
CY2020Q2 us-gaap Assets Current
AssetsCurrent
11818000
CY2019Q3 us-gaap Assets Current
AssetsCurrent
29012000
CY2019Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
13048000
CY2020Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
11276000
CY2019Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
10269000
CY2020Q2 us-gaap Liabilities
Liabilities
15745000
CY2019Q3 us-gaap Liabilities
Liabilities
34680000
CY2020Q2 hnna Accrued Liabilities And Accounts Payable Excluding Income Taxes Payable
AccruedLiabilitiesAndAccountsPayableExcludingIncomeTaxesPayable
3213000
CY2019Q3 hnna Accrued Liabilities And Accounts Payable Excluding Income Taxes Payable
AccruedLiabilitiesAndAccountsPayableExcludingIncomeTaxesPayable
5538000
CY2020Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
815000
CY2019Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
672000
CY2019Q3 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
116000
CY2019Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
4327000
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
4469000
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
11363000
CY2020Q2 us-gaap Common Stock Value
CommonStockValue
18557000
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
17673000
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
59008000
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
57855000
CY2020Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
77565000
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
93310000
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
110208000
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.86
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.10
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1557000
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1379000
CY2020Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2019Q3 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2020Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
22500000
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
22500000
CY2020Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7263781
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7527040
CY2020Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7263781
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7527040
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6895000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10442000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
26018000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32542000
CY2020Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1797000
CY2019Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
2676000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
6724000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
8328000
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1074000
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1360000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3854000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4212000
CY2020Q2 hnna Distribution Expense
DistributionExpense
109000
CY2019Q2 hnna Distribution Expense
DistributionExpense
126000
hnna Distribution Expense
DistributionExpense
363000
hnna Distribution Expense
DistributionExpense
355000
CY2020Q2 us-gaap Subadvisory Fees For Mutual Funds
SubadvisoryFeesForMutualFunds
1569000
CY2019Q2 us-gaap Subadvisory Fees For Mutual Funds
SubadvisoryFeesForMutualFunds
2285000
us-gaap Subadvisory Fees For Mutual Funds
SubadvisoryFeesForMutualFunds
5893000
us-gaap Subadvisory Fees For Mutual Funds
SubadvisoryFeesForMutualFunds
6980000
CY2020Q2 us-gaap Depreciation
Depreciation
63000
CY2019Q2 us-gaap Depreciation
Depreciation
56000
CY2020Q2 us-gaap Operating Expenses
OperatingExpenses
4612000
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
6503000
us-gaap Operating Expenses
OperatingExpenses
17011000
us-gaap Operating Expenses
OperatingExpenses
20040000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2283000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
3939000
us-gaap Operating Income Loss
OperatingIncomeLoss
9007000
us-gaap Operating Income Loss
OperatingIncomeLoss
12502000
CY2019Q2 us-gaap Interest Expense
InterestExpense
257000
us-gaap Interest Expense
InterestExpense
447000
us-gaap Interest Expense
InterestExpense
866000
CY2019Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
93000
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
89000
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
255000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2284000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3775000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8649000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11891000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
509000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1118000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2276000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3267000
us-gaap Net Income Loss
NetIncomeLoss
6373000
us-gaap Net Income Loss
NetIncomeLoss
8624000
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.86
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.10
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.14
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7262042
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7706654
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7376167
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7846257
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7279294
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7725079
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7404578
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7852352
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.11
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.41
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
75528000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
2628000
CY2019Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1032000
CY2019Q4 hnna Stock Issued During Period Value Auto Investments Pursuant To Dividend Reinvestment And Stock Purchase Plan
StockIssuedDuringPeriodValueAutoInvestmentsPursuantToDividendReinvestmentAndStockPurchasePlan
20000
CY2019Q4 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
18000
CY2019Q4 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
447000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
76924000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
1970000
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1011000
CY2020Q1 hnna Stock Issued During Period Value Auto Investments Pursuant To Dividend Reinvestment And Stock Purchase Plan
StockIssuedDuringPeriodValueAutoInvestmentsPursuantToDividendReinvestmentAndStockPurchasePlan
0
CY2020Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
18000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
447000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
76320000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
1775000
CY2020Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
998000
CY2020Q2 hnna Stock Issued During Period Value Auto Investments Pursuant To Dividend Reinvestment And Stock Purchase Plan
StockIssuedDuringPeriodValueAutoInvestmentsPursuantToDividendReinvestmentAndStockPurchasePlan
2000
CY2020Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
19000
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
447000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
70980000
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
3067000
CY2018Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
871000
CY2018Q4 hnna Stock Issued During Period Value Auto Investments Pursuant To Dividend Reinvestment And Stock Purchase Plan
StockIssuedDuringPeriodValueAutoInvestmentsPursuantToDividendReinvestmentAndStockPurchasePlan
4000
CY2018Q4 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
13000
CY2018Q4 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
568000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
73725000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
2900000
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
871000
CY2019Q1 hnna Stock Issued During Period Value Auto Investments Pursuant To Dividend Reinvestment And Stock Purchase Plan
StockIssuedDuringPeriodValueAutoInvestmentsPursuantToDividendReinvestmentAndStockPurchasePlan
6000
CY2019Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
14000
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
557000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
76317000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
2657000
CY2019Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
825000
CY2019Q2 hnna Stock Issued During Period Value Auto Investments Pursuant To Dividend Reinvestment And Stock Purchase Plan
StockIssuedDuringPeriodValueAutoInvestmentsPursuantToDividendReinvestmentAndStockPurchasePlan
7000
CY2019Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
14000
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
542000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
74682000
CY2018Q4 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
36000
CY2019Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
14000
CY2019Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
14000
us-gaap Depreciation
Depreciation
177000
us-gaap Depreciation
Depreciation
165000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
104000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
177000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
710000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1769000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-814000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1946000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
17500000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3281000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
36000
us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
22000
us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
58000
us-gaap Payments Of Dividends
PaymentsOfDividends
2986000
us-gaap Payments Of Dividends
PaymentsOfDividends
2567000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-23177000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9921000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-15979000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-1647000
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25395000
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23748000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1152000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2258000
us-gaap Interest Paid Net
InterestPaidNet
381000
us-gaap Interest Paid Net
InterestPaidNet
785000
hnna Number Of Open End Mutual Funds
NumberOfOpenEndMutualFunds
16
CY2020Q2 hnna Number Of Mutual Funds
NumberOfMutualFunds
30
hnna Notice Period For Termination Of Agreement
NoticePeriodForTerminationOfAgreement
P60D
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.263
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.275
hnna Federal And State Tax Returns
FederalAndStateTaxReturns
22
hnna Federal And State Tax Returns
FederalAndStateTaxReturns
19
hnna Federal And State Tax Returns
FederalAndStateTaxReturns
17
hnna Federal And State Tax Returns
FederalAndStateTaxReturns
16
hnna Federal And State Tax Returns
FederalAndStateTaxReturns
11
hnna Federal And State Tax Returns
FederalAndStateTaxReturns
9
hnna Federal And State Tax Returns
FederalAndStateTaxReturns
1
CY2020Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.1375
CY2020Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
100000
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
300000
CY2020Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
4553000
CY2020Q2 us-gaap Trading Securities
TradingSecurities
9000
CY2020Q2 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
4562000
CY2019Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
21816000
CY2019Q3 us-gaap Trading Securities
TradingSecurities
9000
CY2019Q3 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
21825000
CY2020Q2 hnna Management Contracts Impairment Amount
ManagementContractsImpairmentAmount
0
CY2019Q3 hnna Management Contracts Impairment Amount
ManagementContractsImpairmentAmount
0
CY2020Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2020Q2 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
CY2019Q3 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2019Q3 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
us-gaap Profit Loss
ProfitLoss
6373000
us-gaap Profit Loss
ProfitLoss
8624000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-1007000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-1201000
us-gaap Share Based Compensation
ShareBasedCompensation
1341000
us-gaap Share Based Compensation
ShareBasedCompensation
1667000
hnna Interest Expense Associated With Debt Issuance Cost
InterestExpenseAssociatedWithDebtIssuanceCost
125000
hnna Interest Expense Associated With Debt Issuance Cost
InterestExpenseAssociatedWithDebtIssuanceCost
94000
hnna Employee Restricted Stock Forfeiture
EmployeeRestrictedStockForfeiture
28000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-897000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-883000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-212000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-144000
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-106000
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
22000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2325000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2466000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
143000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-5000
us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-37000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8012000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10220000
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
369000
CY2019Q3 hnna Business Combination Accrued Consideration Payable Current
BusinessCombinationAccruedConsiderationPayableCurrent
710000
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
441000
CY2019Q4 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
685000
CY2020Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2028000
CY2019Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
4016000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2713000
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0228
us-gaap Operating Lease Payments
OperatingLeasePayments
330708
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
113000
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
340000
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
453000
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12000
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
441000
CY2020Q2 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
2079000
CY2019Q3 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
3888000
CY2020Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
542000
CY2019Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
730000
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
592000
CY2019Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
920000
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2020-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Trading Symbol
TradingSymbol
HNNA
dei Entity Registrant Name
EntityRegistrantName
HENNESSY ADVISORS INC
dei Entity Central Index Key
EntityCentralIndexKey
0001145255
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-30
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Shell Company
EntityShellCompany
false
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Security12b Title
Security12bTitle
Common stock
dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2020Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
7263786
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
79000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4016000
hnna Increase Decrease In Right Of Use Asset And Operating Lease Liability
IncreaseDecreaseInRightOfUseAssetAndOperatingLeaseLiability
44000
CY2020Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
hnna Schedule Of Operating Lease Right Of Use Assets Lease Liabilities And Other Supplemental Information
ScheduleOfOperatingLeaseRightOfUseAssetsLeaseLiabilitiesAndOtherSupplementalInformation
The classification of the Company&#8217;s operating lease <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">right-of-use</div></div> assets and operating lease liabilities and other supplemental information related to the Company&#8217;s operating leases are as follows:<table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table border="0" cellpadding="0" cellspacing="0" style="font-family: 'times new roman'; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;margin : 0px auto;;text-align:left;;width:68%;"><tr style="font-size: 0px;"><td style="width:84%;"></td><td style="vertical-align:bottom;;width:13%;"></td><td></td><td></td><td></td></tr><tr style="font-family: times new roman; font-size: 8pt; page-break-inside: avoid;"><td style="padding-bottom: 0.5pt;;vertical-align:bottom;">&#160;</td><td style="padding-bottom: 0.5pt;;vertical-align:bottom;">&#160;&#160;</td><td colspan="2" style="border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">June&#160;30, 2020</div></td><td style="padding-bottom: 0.5pt;;vertical-align:bottom;">&#160;</td></tr><tr style="font-family: times new roman; font-size: 8pt; page-break-inside: avoid;"><td style="font-family: &quot;times new roman&quot;;;vertical-align:bottom;">&#160;</td><td style="font-family: &quot;times new roman&quot;;;vertical-align:bottom;">&#160;&#160;</td><td colspan="2" style="text-align:center;;vertical-align:bottom;"><div style="line-height: normal;"><div style="font-weight:bold;display:inline;">(In&#160;thousands,<br/>except years</div></div><div style="line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-size: 8pt; font-family: 'times new roman', serif; letter-spacing: 0px; top: 0px;;display:inline;">and&#160;percentages)</div></div></div></td><td style="font-family: &quot;times new roman&quot;;;vertical-align:bottom;">&#160;</td></tr><tr style="font-family: times new roman; font-size: 10pt; page-break-inside: avoid;"><td style="background-color: rgb(204, 238, 255);;vertical-align:top;"><div style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Operating lease <div style="white-space: nowrap; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">right-of-use</div></div> assets</div></td><td style="font-family: &quot;times new roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;&#160;</td><td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;">$</td><td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">369</td><td style="white-space: nowrap; font-family: &quot;times new roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;</td></tr><tr style="font-family: times new roman; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align:top;"><div style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: 'times new roman'; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Current operating lease liability</div></div></td><td style="font-family: 'times new roman';;vertical-align:bottom;">&#160;&#160;</td><td style="vertical-align:bottom;">$</td><td style="text-align:right;;vertical-align:bottom;">441</td><td style="white-space: nowrap; font-family: 'times new roman';;vertical-align:bottom;">&#160;</td></tr><tr style="font-family: times new roman; font-size: 10pt; page-break-inside: avoid;"><td style="background-color: rgb(204, 238, 255);;vertical-align:top;"><div style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Long-term operating lease liability</div></div></td><td style="font-family: &quot;times new roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;&#160;</td><td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;">$</td><td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">&#8212;&#160;&#160;</td><td style="white-space: nowrap; font-family: &quot;times new roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;</td></tr><tr style="font-family: times new roman; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align:top;"><div style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: 'times new roman'; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Weighted average remaining lease term</div></div></td><td style="font-family: 'times new roman';;vertical-align:bottom;">&#160;&#160;</td><td style="font-family: 'times new roman';;vertical-align:bottom;">&#160;</td><td style="text-align:right;;vertical-align:bottom;">1.0</td><td style="white-space: nowrap; font-family: 'times new roman';;vertical-align:bottom;">&#160;</td></tr><tr style="font-family: times new roman; font-size: 10pt; page-break-inside: avoid;"><td style="background-color: rgb(204, 238, 255);;vertical-align:top;"><div style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Weighted average discount rate</div></div></td><td style="font-family: &quot;times new roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;&#160;</td><td style="font-family: &quot;times new roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;">&#160;</td><td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">2.28</td><td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;">%&#160;</td></tr></table>

Files In Submission

Name View Source Status
0001193125-20-211915-index-headers.html Edgar Link pending
0001193125-20-211915-index.html Edgar Link pending
0001193125-20-211915.txt Edgar Link pending
0001193125-20-211915-xbrl.zip Edgar Link pending
d904200d10q.htm Edgar Link pending
d904200dex311.htm Edgar Link pending
d904200dex312.htm Edgar Link pending
d904200dex321.htm Edgar Link pending
d904200dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
hnna-20200630.xml Edgar Link completed
hnna-20200630.xsd Edgar Link pending
hnna-20200630_cal.xml Edgar Link unprocessable
hnna-20200630_def.xml Edgar Link unprocessable
hnna-20200630_lab.xml Edgar Link unprocessable
hnna-20200630_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending