10-Q Filing

REPLIGEN CORP CIK: 730272 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-346073`
Period End Date	20120630
Filing Date	20120809
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	rgen-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 76 Cash Flow Statement 53

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.88M	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`	$9.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.17M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$15.42M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$12.50M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $10,000 at June 30, 2012 and December 31, 2011	`AccountsReceivableNetCurrent`	$2.83M	USD	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $10,000 at June 30, 2012 and December 31, 2011	`AccountsReceivableNetCurrent`	$7.81M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Royalties receivable	`OtherReceivablesGrossCurrent`	$3.21M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Royalties receivable	`OtherReceivablesGrossCurrent`	$3.58M	USD	Point-in-time
Inventories, net	`InventoryNet`	$11.50M	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
Common stock, issued	`CommonStockSharesIssued`	30.85M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.08M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$910.30K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	30.71M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	30.71M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$46.89M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$52.36M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	30.85M	shares	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$5.08M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$5.08M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$11.97M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$12.01M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$1.67M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$1.24M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$275.26K	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$188.99K	USD	Point-in-time
Total property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$18.91M	USD	Point-in-time
Total property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$18.61M	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$9.04M	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.88M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$10.74M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$9.87M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$9.44M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$10.85M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.18M	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`	$76.06M	USD	Point-in-time
Total assets	`Assets`	$81.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.42M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$6.04M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$7.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.73M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.47M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.74M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$136.88K	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$242.52K	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, 30,846,165 shares at June 30, 2012 and 30,714,757 shares at December 31, 2011 issued and outstanding	`CommonStockValue`	$307.15K	USD	Point-in-time
Common stock, $.01 par value, 40,000,000 shares authorized, 30,846,165 shares at June 30, 2012 and 30,714,757 shares at December 31, 2011 issued and outstanding	`CommonStockValue`	$308.46K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$185.46M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$184.87M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$113.63K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-527.68K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-119.31M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-116.51M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$65.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$68.73M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$81.45M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$76.06M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueGoodsNet`	$4.36M	USD	1 Quarter
Product revenue	`SalesRevenueGoodsNet`	$11.66M	USD	1 Quarter
Product revenue	`SalesRevenueGoodsNet`	$7.51M	USD	2 Qtrs
Product revenue	`SalesRevenueGoodsNet`	$21.00M	USD	2 Qtrs
Royalty and other revenue	`RoyaltyRevenue`	$3.30M	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$7.35M	USD	2 Qtrs
Royalty and other revenue	`RoyaltyRevenue`	$3.86M	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$6.05M	USD	2 Qtrs
Total revenue	`Revenues`	$13.56M	USD	2 Qtrs
Total revenue	`Revenues`	$7.65M	USD	1 Quarter
Total revenue	`Revenues`	$28.35M	USD	2 Qtrs
Total revenue	`Revenues`	$15.52M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$2.95M	USD	2 Qtrs
Cost of product revenue	`CostOfGoodsSold`	$1.55M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$7.35M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$12.62M	USD	2 Qtrs
Cost of royalty and other revenue	`DirectOperatingCostRoyaltyExpense`	$792.76K	USD	2 Qtrs
Cost of royalty and other revenue	`DirectOperatingCostRoyaltyExpense`	$999.02K	USD	2 Qtrs
Cost of royalty and other revenue	`DirectOperatingCostRoyaltyExpense`	$536.93K	USD	1 Quarter
Cost of royalty and other revenue	`DirectOperatingCostRoyaltyExpense`	$415.87K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.52M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$7.30M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$5.71M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$2.91M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.42M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.29M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.73M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$6.85M	USD	2 Qtrs
Gain on bargain purchase	`GainOnPurchaseOfBusiness`	$314.24K	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$7.78M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$25.86M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$14.21M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$15.77M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-121.53K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$1.32M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-2.21M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$2.48M	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$60.94K	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$29.52K	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$135.24K	USD	2 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$65.94K	USD	1 Quarter
Interest expense	`InterestExpense`	$49.74K	USD	2 Qtrs
Interest expense	`InterestExpense`	$27.36K	USD	1 Quarter
Interest expense	`InterestExpense`	$13.48K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$458.30K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$567.56K	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-55.60K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.06M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.09M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.78M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$267.14K	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$208.23K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.57M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-55.60K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.09M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.80M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.07	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.09	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.09	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.07	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.80M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.81M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.85M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.79M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.07M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.80M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.15M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.81M	shares	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-55.60K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-159.17K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-2.09M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$2.16M	USD	2 Qtrs

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.57M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-55.60K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.09M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$806.66K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.70M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$215.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$537.05K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$282.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$455.67K	USD	2 Qtrs
Gain on bargain purchase	`GainOnPurchaseOfBusiness`	$314.24K	USD	2 Qtrs
Loss on revaluation of contingent consideration	`OtherNoncashExpense`	$62.13K	USD	2 Qtrs
Loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-5.60K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.14M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.35M	USD	2 Qtrs
Royalties receivable	`IncreaseDecreaseInOtherReceivables`	$25.86K	USD	2 Qtrs
Royalties receivable	`IncreaseDecreaseInOtherReceivables`	$372.71K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$755.22K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.66M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.53M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-238.28K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.21M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$223.34K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-107.71K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.24M	USD	2 Qtrs
Long-term liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-40.47K	USD	2 Qtrs
Long-term liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$212.76K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.74M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.27M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$22.98M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$50.50M	USD	2 Qtrs
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$24.48M	USD	2 Qtrs
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$49.84M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$374.69K	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$513.51K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.04M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$992.77K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$69.21K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$134.99K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$88.40K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-19.19K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$134.99K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-154.32K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.71M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.33M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.88M	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`	$7.47M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.17M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.88M	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`	$7.47M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.17M	USD	Point-in-time

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