$LPG
DORIAN LPG LTD.

2023 Q1 Form 10-Q Financial Statement

#000159699323000011 Filed on February 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4
Revenue $133.6M $103.3M
YoY Change 67.83% 50.7%
Cost Of Revenue $8.263M $5.639M
YoY Change 25.95% -1.01%
Gross Profit $125.4M $97.68M
YoY Change 71.69% 55.29%
Gross Profit Margin 93.82% 94.54%
Selling, General & Admin $7.549M $6.948M
YoY Change 8.33% 18.42%
% of Gross Profit 6.02% 7.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.69M $15.96M
YoY Change 0.18% -5.34%
% of Gross Profit 12.51% 16.34%
Operating Expenses $41.59M $40.19M
YoY Change 5.73% -0.4%
Operating Profit $83.78M $57.49M
YoY Change 123.56% 154.95%
Interest Expense -$8.051M -$6.560M
YoY Change 257.28% 26.22%
% of Operating Profit -9.61% -11.41%
Other Income/Expense, Net $290.7K -$6.230M
YoY Change 81.78% 4.36%
Pretax Income $76.02M $51.26M
YoY Change 114.85% 209.17%
Income Tax
% Of Pretax Income
Net Earnings $76.02M $51.26M
YoY Change 114.85% 209.17%
Net Earnings / Revenue 56.89% 49.62%
Basic Earnings Per Share $1.90 $1.28
Diluted Earnings Per Share $1.89 $1.27
COMMON SHARES
Basic Shares Outstanding 40.35M 40.35M
Diluted Shares Outstanding 40.25M

Balance Sheet

Concept 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $148.8M $129.8M
YoY Change -37.15% 12.1%
Cash & Equivalents $148.8M $129.8M
Short-Term Investments
Other Short-Term Assets $8.507M $9.416M
YoY Change -16.86% -81.82%
Inventory $2.642M $2.613M
Prepaid Expenses
Receivables $3.282M $8.290M
Other Receivables $73.07M $77.92M
Total Short-Term Assets $236.3M $228.1M
YoY Change -23.25% 4.87%
LONG-TERM ASSETS
Property, Plant & Equipment $1.422B $1.220B
YoY Change 13.36% -3.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $11.37M
YoY Change
Other Assets $29.56M $2.135M
YoY Change 4554.58% 2157.23%
Total Long-Term Assets $1.473B $1.302B
YoY Change 13.32% -0.64%
TOTAL ASSETS
Total Short-Term Assets $236.3M $228.1M
Total Long-Term Assets $1.473B $1.302B
Total Assets $1.709B $1.530B
YoY Change 6.32% 0.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.81M $9.966M
YoY Change 13.27% 7.49%
Accrued Expenses $29.05M $6.201M
YoY Change 664.06% 58.75%
Deferred Revenue $208.6K $117.4K
YoY Change -74.38% -92.79%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $53.11M $52.14M
YoY Change -26.31% -25.02%
Total Short-Term Liabilities $94.60M $83.87M
YoY Change -0.25% -11.58%
LONG-TERM LIABILITIES
Long-Term Debt $604.3M $577.2M
YoY Change 2.3% 13.91%
Other Long-Term Liabilities $136.2M $1.519M
YoY Change 7978.18% 0.31%
Total Long-Term Liabilities $740.5M $609.2M
YoY Change 25.0% 19.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $94.60M $83.87M
Total Long-Term Liabilities $740.5M $609.2M
Total Liabilities $835.1M $693.1M
YoY Change 21.52% 14.74%
SHAREHOLDERS EQUITY
Retained Earnings $231.8M $196.2M
YoY Change -17.42% -31.3%
Common Stock $516.3K $516.0K
YoY Change 0.6% 0.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $873.8M $837.3M
YoY Change
Total Liabilities & Shareholders Equity $1.709B $1.530B
YoY Change 6.32% 0.14%

Cashflow Statement

Concept 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income $76.02M $51.26M
YoY Change 114.85% 209.17%
Depreciation, Depletion And Amortization $15.69M $15.96M
YoY Change 0.18% -5.34%
Cash From Operating Activities $98.02M $42.77M
YoY Change 227.55% 183.59%
INVESTING ACTIVITIES
Capital Expenditures $58.65M $864.3K
YoY Change -6208.69% -109.09%
Acquisitions
YoY Change
Other Investing Activities -$7.758M $0.00
YoY Change -116.44% -100.0%
Cash From Investing Activities -$66.40M -$864.3K
YoY Change -243.68% -91.05%
FINANCING ACTIVITIES
Cash Dividend Paid $40.10M $40.10M
YoY Change 0.5%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.40M -53.70M
YoY Change -127.64% -865.63%
NET CHANGE
Cash From Operating Activities 98.02M 42.77M
Cash From Investing Activities -66.40M -864.3K
Cash From Financing Activities -12.40M -53.70M
Net Change In Cash 19.21M -11.79M
YoY Change -84.12% -194.8%
FREE CASH FLOW
Cash From Operating Activities $98.02M $42.77M
Capital Expenditures $58.65M $864.3K
Free Cash Flow $39.37M $41.91M
YoY Change 27.48% 70.39%

Facts In Submission

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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36551788
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WeightedAverageNumberOfSharesOutstandingBasic
40091299
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39890674
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40004100
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40305902
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40254774
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EarningsPerShareBasic
0.42
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EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
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EarningsPerShareDiluted
1.27
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EarningsPerShareDiluted
0.41
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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NetIncomeLossAvailableToCommonStockholdersBasic
5869100
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40437434
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NetIncomeLossAvailableToCommonStockholdersBasic
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
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CY2021Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
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StockholdersEquity
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StockholdersEquity
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NetIncomeLossAvailableToCommonStockholdersBasic
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Dividends
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
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TreasuryStockValueAcquiredCostMethod
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NetIncomeLossAvailableToCommonStockholdersBasic
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Dividends
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us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
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us-gaap Amortization Of Financing Costs
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us-gaap Depreciation Depletion And Amortization
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OperatingLeaseRightOfUseAssetAmortizationExpense
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us-gaap Amortization Of Financing Costs
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us-gaap Unrealized Gain Loss On Derivatives
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us-gaap Unrealized Gain Loss On Derivatives
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Gain Loss On Sale Of Property Plant Equipment
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us-gaap Foreign Currency Transaction Gain Loss Unrealized
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us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
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us-gaap Other Noncash Income Expense
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Due From Related Parties
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Other Noncurrent Assets
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lpg Increase Decrease In Operating Lease Liabilities Current And Long Term
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
6004164
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
242879
lpg Increase Decrease In Payments For Drydocking Costs
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304514
lpg Increase Decrease In Payments For Drydocking Costs
IncreaseDecreaseInPaymentsForDrydockingCosts
3128235
us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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lpg Payments For Long Term Investments
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lpg Proceeds From Sale Of Marketable Securities
ProceedsFromSaleOfMarketableSecurities
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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22548887
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290000000
us-gaap Proceeds From Issuance Of Long Term Debt
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83400000
us-gaap Repayments Of Long Term Debt
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us-gaap Repayments Of Long Term Debt
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us-gaap Payments For Repurchase Of Common Stock
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1669902
us-gaap Payments For Repurchase Of Common Stock
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21346885
us-gaap Operating Lease Lease Income
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22700000
us-gaap Payments Of Financing Costs
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6266267
us-gaap Payments Of Financing Costs
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1357545
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
12300000
us-gaap Payments Of Dividends
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40210344
us-gaap Net Cash Provided By Used In Financing Activities
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-222830781
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-80040983
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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31159652
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TimeCharterInPurchasesContractualObligationDueInFourthAndFifthYear
64080000
CY2022Q4 lpg Time Charter In Purchases Contractual Obligation Due After Fifth Year
TimeCharterInPurchasesContractualObligationDueAfterFifthYear
72140000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
236836914
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84727199
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
129892030
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
115886851
lpg Number Of Vessels
NumberOfVessels
22
lpg Number Of Fuel Efficient Very Large Gas Carrier Vessels Eighty Four Thousand Capacity
NumberOfFuelEfficientVeryLargeGasCarrierVesselsEightyFourThousandCapacity
19
lpg Number Of Very Large Gas Carrier Vessels Eighty Two Thousand Capacity
NumberOfVeryLargeGasCarrierVesselsEightyTwoThousandCapacity
1
lpg Number Of Very Large Gas Carrier Time Chartered In Vessels
NumberOfVeryLargeGasCarrierTimeCharteredInVessels
2
CY2022Q4 lpg Number Of Vessels That Have Exhaust Gas Cleaning Scrubbers
NumberOfVesselsThatHaveExhaustGasCleaningScrubbers
13
CY2022Q4 lpg Number Of Chartered In Vessels That Have Exhaust Gas Cleaning Scrubbers
NumberOfCharteredInVesselsThatHaveExhaustGasCleaningScrubbers
1
CY2022Q1 lpg Drydocking Costs
DrydockingCosts
9839000
lpg Drydocking Costs Additions
DrydockingCostsAdditions
1219522
lpg Drydocking Costs Amortization
DrydockingCostsAmortization
2112924
CY2022Q4 lpg Drydocking Costs
DrydockingCosts
8945598
CY2022Q4 us-gaap Dividends Common Stock
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40400000
CY2022Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
40100000
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
300000
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VesselsNet
1238061690
lpg Property Plant And Equipment Other Additions
PropertyPlantAndEquipmentOtherAdditions
1505563
us-gaap Depreciation
Depreciation
45593028
CY2022Q4 lpg Vessels Net
VesselsNet
1193974225
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OperatingLeaseRightOfUseAssetTimeCharter
37100000
CY2022Q4 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
9200000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
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635629860
CY2022Q1 us-gaap Debt Instrument Carrying Amount
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670020444
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DeferredFinanceCostsNet
6291039
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7257486
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
629338821
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
662762958
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
52136738
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
72075571
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
577202083
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
590687387
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
629338821
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
662762958
CY2021Q4 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
5500000
CY2021Q1 lpg Shipbuilding Contract And Bareboat Charter Agreement Predelivery Cost Commitment
ShipbuildingContractAndBareboatCharterAgreementPredeliveryCostCommitment
24000000.0
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7257486
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4244094
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5210541
CY2022Q4 us-gaap Deferred Finance Costs Net
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6291039
CY2022Q4 lpg Operating Lease Liability Time Charter
OperatingLeaseLiabilityTimeCharter
37700000
CY2022Q4 lpg Charter Hire Expenses
CharterHireExpenses
5215144
CY2021Q4 lpg Charter Hire Expenses
CharterHireExpenses
4917012
lpg Charter Hire Expenses
CharterHireExpenses
15975622
lpg Charter Hire Expenses
CharterHireExpenses
10829050
CY2022Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
135825
CY2021Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
148384
us-gaap Operating Lease Expense
OperatingLeaseExpense
453007
us-gaap Operating Lease Expense
OperatingLeaseExpense
464394
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0632
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P48M27D
CY2021Q1 lpg Shipbuilding Contract And Bareboat Charter Agreement Predelivery And Additional Features Cost Commitment
ShipbuildingContractAndBareboatCharterAgreementPredeliveryAndAdditionalFeaturesCostCommitment
25000000.0
CY2022Q4 lpg Contractual Obligation Due In Shipbuilding Contract And Bareboat Charter Agreement
ContractualObligationDueInShipbuildingContractAndBareboatCharterAgreement
1000000.0
lpg Lease Balance Sheet Disclosure Table Textblock
LeaseBalanceSheetDisclosureTableTextblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:24.7%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;width:10.78%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;width:40.96%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:24.7%;border-bottom:1.5pt solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">Description</b></p></td><td style="vertical-align:bottom;width:10.78%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:40.96%;border-bottom:1.5pt solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">Location on Balance Sheet</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:19.56%;border-bottom:1.5pt solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;"><b style="font-weight:bold;">December 31, 2022</b></p></td></tr><tr><td style="vertical-align:bottom;width:24.7%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">Assets:</b></p></td><td style="vertical-align:bottom;width:10.78%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:40.96%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="color:#ff0000;font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:24.7%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">Non-current</b></p></td><td style="vertical-align:bottom;width:10.78%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:40.96%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="color:#ff0000;font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:24.7%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Office leases</p></td><td style="vertical-align:bottom;width:10.78%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:40.96%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Operating lease right-of-use assets</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 3pt 0pt 0pt;"> 1,766,167</p></td></tr><tr><td style="vertical-align:bottom;width:24.7%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Time charter-in VLGCs</p></td><td style="vertical-align:bottom;width:10.78%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:40.96%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Operating lease right-of-use assets</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 3pt 0pt 0pt;"> 37,111,301</p></td></tr><tr><td style="vertical-align:bottom;width:24.7%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:10.78%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:40.96%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:24.7%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">Liabilities:</b></p></td><td style="vertical-align:bottom;width:10.78%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:40.96%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:24.7%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">Current</b></p></td><td style="vertical-align:bottom;width:10.78%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:40.96%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:24.7%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Office Leases</p></td><td style="vertical-align:bottom;width:10.78%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:40.96%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Current portion of long-term operating leases</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 3pt 0pt 0pt;"> 419,074</p></td></tr><tr><td style="vertical-align:bottom;width:24.7%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Time charter-in VLGCs</p></td><td style="vertical-align:bottom;width:10.78%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:40.96%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Current portion of long-term operating leases</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 3pt 0pt 0pt;"> 7,976,946</p></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:24.7%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:10.78%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:40.96%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:24.7%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">Long-term</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.78%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:40.96%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:24.7%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Office Leases</p></td><td style="vertical-align:bottom;width:10.78%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:40.96%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Long-term operating leases</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 3pt 0pt 0pt;"> 1,354,266</p></td></tr><tr><td style="vertical-align:bottom;width:24.7%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Time charter-in VLGCs</p></td><td style="vertical-align:bottom;width:10.78%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;width:40.96%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;margin:0pt;">Long-term operating leases</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.97%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.82%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:center;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.74%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.19;text-align:right;margin:0pt 3pt 0pt 0pt;"> 29,134,356</p></td></tr></table>
CY2022Q4 lpg Operating Lease Right Of Use Asset Office Lease
OperatingLeaseRightOfUseAssetOfficeLease
1766167
CY2022Q4 lpg Operating Lease Right Of Use Asset Time Charter
OperatingLeaseRightOfUseAssetTimeCharter
37111301
CY2022Q4 lpg Operating Lease Liability Current Office Leases
OperatingLeaseLiabilityCurrentOfficeLeases
419074
CY2022Q4 lpg Operating Lease Liability Current Time Charter
OperatingLeaseLiabilityCurrentTimeCharter
7976946
CY2022Q4 lpg Operating Lease Liability Noncurrent Office Leases
OperatingLeaseLiabilityNoncurrentOfficeLeases
1354266
CY2022Q4 lpg Operating Lease Liability Noncurrent Time Charter
OperatingLeaseLiabilityNoncurrentTimeCharter
29134356
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y29D
CY2022Q4 lpg Time Charter In Purchases Contractual Obligation
TimeCharterInPurchasesContractualObligation
230132333
CY2022Q4 lpg Number Of Very Large Gas Carrier Vessels That Have Charter In Commitments To Be Delivered
NumberOfVeryLargeGasCarrierVesselsThatHaveCharterInCommitmentsToBeDelivered
3
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
10577878
CY2022Q4 lpg Lessee Operating Lease Liability Payments Due In Two And Three Years
LesseeOperatingLeaseLiabilityPaymentsDueInTwoAndThreeYears
21700042
CY2022Q4 lpg Lessee Operating Lease Liability Payments Due In Four And Five Years
LesseeOperatingLeaseLiabilityPaymentsDueInFourAndFiveYears
11856118
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
44134038
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5249396
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
38884642
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.50
CY2022Q2 us-gaap Dividends Common Stock
DividendsCommonStock
100300000
CY2022Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
99700000
CY2022Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
600000
CY2022Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
200000
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2022Q3 us-gaap Dividends Common Stock
DividendsCommonStock
40300000
CY2022Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
40100000
CY2022Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
200000
CY2022Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
400000
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2021Q1 lpg Shipbuilding Contract And Bareboat Charter Agreement Predelivery Cost Commitment
ShipbuildingContractAndBareboatCharterAgreementPredeliveryCostCommitment
24000000.0
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000.0
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
50000.00
CY2022Q4 lpg Treasury Stock Value Acquired Cost Method To Date
TreasuryStockValueAcquiredCostMethodToDate
700000
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
2700000
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
103322256
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
68599782
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
256114165
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
194637378
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000.0
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
50000.00
CY2022Q4 lpg Treasury Stock Value Acquired Cost Method To Date
TreasuryStockValueAcquiredCostMethodToDate
700000
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
2700000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y29D
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
103322256
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
68599782
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
256114165
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
194637378
CY2021Q1 lpg Shipbuilding Contract And Bareboat Charter Agreement Predelivery And Additional Features Cost Commitment
ShipbuildingContractAndBareboatCharterAgreementPredeliveryAndAdditionalFeaturesCostCommitment
25000000.0
CY2022Q4 lpg Contractual Obligation Due In Shipbuilding Contract And Bareboat Charter Agreement
ContractualObligationDueInShipbuildingContractAndBareboatCharterAgreement
1000000.0
lpg Period Of Very Large Gas Carrier Vessels That Have Charter In Commitments To Be Delivered
PeriodOfVeryLargeGasCarrierVesselsThatHaveCharterInCommitmentsToBeDelivered
P7Y
CY2022Q4 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
206691
CY2021Q4 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-1179297
CY2021Q4 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-305
CY2022Q4 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
206691
CY2021Q4 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-1179602
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
1013794
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-1710348
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
447255
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
1790564
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-1263093
CY2022Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
51263710
CY2021Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16580885
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
96422895
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36551788
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40091299
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39890674
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40004100
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40305902
CY2022Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
163475
CY2021Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
134725
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
174542
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
154763
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40254774
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40025399
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40178642
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40460665
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.28
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.27
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.40
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
CY2022Q4 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
206691
CY2021Q4 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-1179297
CY2021Q4 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-305
CY2022Q4 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
206691
CY2021Q4 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-1179602
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
1013794
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-1710348
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
776770
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
447255
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
1790564
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-1263093
CY2022Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
51263710
CY2021Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16580885
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
96422895
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36551788
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40091299
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39890674
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40004100
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40305902
CY2022Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
163475
CY2021Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
134725
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
174542
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
154763
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40254774
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40025399
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40178642
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40460665
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.28
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.27
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.40
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
CY2022Q4 lpg Time Charter In Purchases Contractual Obligation Due In Next Twelve Months
TimeCharterInPurchasesContractualObligationDueInNextTwelveMonths
29832333
CY2022Q4 lpg Time Charter In Purchases Contractual Obligation Due In Second And Third Year
TimeCharterInPurchasesContractualObligationDueInSecondAndThirdYear
64080000
CY2022Q4 lpg Scrubber Purchases Contractual Obligation Due In Next Twelve Months
ScrubberPurchasesContractualObligationDueInNextTwelveMonths
2587749
CY2021Q1 lpg Bareboat Charter Agreement Term Of Contract
BareboatCharterAgreementTermOfContract
P13Y
CY2022Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
26685000
CY2022Q4 us-gaap Contractual Obligation Due In Second And Third Year
ContractualObligationDueInSecondAndThirdYear
13607986
CY2022Q4 us-gaap Contractual Obligation
ContractualObligation
40292986
CY2022Q4 lpg Time Charter In Purchases Contractual Obligation Due In Next Twelve Months
TimeCharterInPurchasesContractualObligationDueInNextTwelveMonths
29832333
CY2022Q4 lpg Time Charter In Purchases Contractual Obligation Due In Second And Third Year
TimeCharterInPurchasesContractualObligationDueInSecondAndThirdYear
64080000
CY2022Q4 lpg Time Charter In Purchases Contractual Obligation Due In Fourth And Fifth Year
TimeCharterInPurchasesContractualObligationDueInFourthAndFifthYear
64080000
CY2022Q4 lpg Time Charter In Purchases Contractual Obligation Due After Fifth Year
TimeCharterInPurchasesContractualObligationDueAfterFifthYear
72140000
CY2022Q4 lpg Time Charter In Purchases Contractual Obligation
TimeCharterInPurchasesContractualObligation
230132333
CY2022Q4 lpg Number Of Very Large Gas Carrier Vessels That Have Charter In Commitments To Be Delivered
NumberOfVeryLargeGasCarrierVesselsThatHaveCharterInCommitmentsToBeDelivered
3
lpg Period Of Very Large Gas Carrier Vessels That Have Charter In Commitments To Be Delivered
PeriodOfVeryLargeGasCarrierVesselsThatHaveCharterInCommitmentsToBeDelivered
P7Y
CY2022Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
26685000
CY2022Q4 us-gaap Contractual Obligation Due In Second And Third Year
ContractualObligationDueInSecondAndThirdYear
13607986
CY2022Q4 us-gaap Contractual Obligation
ContractualObligation
40292986

Files In Submission

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lpg-20221231_cal.xml Edgar Link unprocessable
lpg-20221231_pre.xml Edgar Link unprocessable
lpg-20221231_lab.xml Edgar Link unprocessable
0001596993-23-000011-index-headers.html Edgar Link pending
0001596993-23-000011-index.html Edgar Link pending
0001596993-23-000011.txt Edgar Link pending
0001596993-23-000011-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lpg-20221231.xsd Edgar Link pending
lpg-20221231x10q.htm Edgar Link pending
lpg-20221231x10q001.jpg Edgar Link pending
lpg-20221231xex31d1.htm Edgar Link pending
lpg-20221231xex31d2.htm Edgar Link pending
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lpg-20221231x10q_htm.xml Edgar Link completed
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report.css Edgar Link pending
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lpg-20221231_def.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable