10-Q Filing

REPLIGEN CORP CIK: 730272 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-224145`
Period End Date	20120331
Filing Date	20120510
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	rgen-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 39 Cash Flow Statement 50

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$18.18K	USD	Point-in-time
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.00K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.79M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$15.11M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$15.42M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $18,183 at March 31, 2012 and $10,000 at December 31, 2011	`AccountsReceivableNetCurrent`	$4.25M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $18,183 at March 31, 2012 and $10,000 at December 31, 2011	`AccountsReceivableNetCurrent`	$2.83M	USD	Point-in-time
Royalties receivable	`OtherReceivablesGrossCurrent`	$3.08M	USD	Point-in-time
Royalties receivable	`OtherReceivablesGrossCurrent`	$3.21M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$13.36M	USD	Point-in-time
Inventories, net	`InventoryNet`	$13.85M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	30.71M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$910.30K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	30.84M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.66M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	30.84M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$50.74M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	30.71M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$46.89M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$5.15M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$5.08M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$12.30M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$12.01M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$1.29M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$1.24M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$367.42K	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$275.26K	USD	Point-in-time
Total property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$18.61M	USD	Point-in-time
Total property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$19.11M	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$8.45M	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.88M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$10.66M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$10.74M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$9.44M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$9.99M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.81M	USD	Point-in-time
Goodwill	`Goodwill`	$994.00K	USD	Point-in-time
Goodwill	`Goodwill`	$994.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$200.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$200.00K	USD	Point-in-time
Total assets	`Assets`	$80.39M	USD	Point-in-time
Total assets	`Assets`	$76.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.72M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$6.04M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$7.07M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.79M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.47M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.68M	USD	Point-in-time
Long-term deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$254.56K	USD	Point-in-time
Long-term deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$136.88K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.01 par value, 5,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value, 5,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.01 par value, 40,000,000 shares authorized, 30,836,206 shares at March 31, 2012 and 30,714,757 shares at December 31, 2011 issued and outstanding	`CommonStockValue`	$308.36K	USD	Point-in-time
Common stock, $.01 par value, 40,000,000 shares authorized, 30,836,206 shares at March 31, 2012 and 30,714,757 shares at December 31, 2011 issued and outstanding	`CommonStockValue`	$307.15K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$185.23M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$184.87M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.20M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$113.63K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-118.07M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-119.31M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$68.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$65.99M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$80.39M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$76.06M	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueGoodsNet`	$9.34M	USD	1 Quarter
Product revenue	`SalesRevenueGoodsNet`	$3.15M	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$2.76M	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$3.48M	USD	1 Quarter
Total revenue	`Revenues`	$12.82M	USD	1 Quarter
Total revenue	`Revenues`	$5.91M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$1.39M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$5.03M	USD	1 Quarter
Cost of royalty and other revenue	`DirectOperatingCostRoyaltyExpense`	$376.89K	USD	1 Quarter
Cost of royalty and other revenue	`DirectOperatingCostRoyaltyExpense`	$462.09K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.78M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.81M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.67M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.44M	USD	1 Quarter
Gain on bargain purchase	`GainOnPurchaseOfBusiness`	$314.24K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$11.66M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$7.99M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$1.17M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-2.09M	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$69.30K	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$31.42K	USD	1 Quarter
Interest expense	`InterestExpense`	$22.38K	USD	1 Quarter
Interest expense	`InterestExpense`	$13.48K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$109.26K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.29M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.03M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$58.91K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.23M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.03M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.73M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.79M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.79M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.01M	shares	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$2.31M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-2.03M	USD	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.23M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.03M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$400.28K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$824.41K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$240.87K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$255.03K	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$8.04K	USD	1 Quarter
Gain on bargain purchase	`GainOnPurchaseOfBusiness`	$314.24K	USD	1 Quarter
Loss on revaluation of contingent consideration	`OtherNoncashExpense`	$24.63K	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-5.60K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$88.43K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.36M	USD	1 Quarter
Royalties receivable	`IncreaseDecreaseInOtherReceivables`	$-126.25K	USD	1 Quarter
Royalties receivable	`IncreaseDecreaseInOtherReceivables`	$-234.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$16.41K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$54.78K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.69M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$293.91K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$231.42K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$276.23K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$791.46K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$960.97K	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-32.84K	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$70.97K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.73M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.44M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$26.23M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$14.61M	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$29.43M	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$14.38M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$206.68K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$156.74K	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.98M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-385.90K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$69.21K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$113.54K	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$88.40K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$113.54K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-19.19K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$163.69K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.63M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.41M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.20M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.17M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.79M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$12.79M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.17M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.79M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$12.79M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.