10-Q Filing

REPLIGEN CORP CIK: 730272 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-459650`
Period End Date	20120930
Filing Date	20121108
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	rgen-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 78 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`	$10.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.39M	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$11.92M	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 $10,000	`AccountsReceivableNetCurrent`	$7.64M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $10,000	`AccountsReceivableNetCurrent`	$2.83M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Royalties receivable	`OtherReceivablesGrossCurrent`	$3.96M	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`	$10.77M	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, issued	`CommonStockSharesIssued`	31.05M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.12M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$53.79M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	30.71M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$46.89M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	31.05M	shares	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$5.08M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$5.18M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$12.65M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$12.01M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$1.76M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$1.24M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$294.98K	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`	$19.89M	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.88M	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$9.77M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$10.12M	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`	$12.42M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.38M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.80M	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`	$84.90M	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`	$1.77M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$7.27M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$6.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.04M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.47M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.90M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$256.76K	USD	Point-in-time
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, 31,054,765 shares at September 30, 2012 and 30,714,757 shares at December 31, 2011 issued and outstanding	`CommonStockValue`	$310.55K	USD	Point-in-time
Common stock, $.01 par value, 40,000,000 shares authorized, 31,054,765 shares at September 30, 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`	$186.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$184.87M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$113.63K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.58M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-114.69M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-119.31M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$65.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$73.70M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$76.06M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$84.90M	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueGoodsNet`	$5.74M	USD	1 Quarter
Product revenue	`SalesRevenueGoodsNet`	$11.12M	USD	1 Quarter
Product revenue	`SalesRevenueGoodsNet`	$32.13M	USD	3 Qtrs
Product revenue	`SalesRevenueGoodsNet`	$13.25M	USD	3 Qtrs
Royalty and other revenue	`RoyaltyRevenue`	$11.33M	USD	3 Qtrs
Royalty and other revenue	`RoyaltyRevenue`	$3.98M	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$8.94M	USD	3 Qtrs
Royalty and other revenue	`RoyaltyRevenue`	$2.89M	USD	1 Quarter
Total revenue	`Revenues`	$43.45M	USD	3 Qtrs
Total revenue	`Revenues`	$15.10M	USD	1 Quarter
Total revenue	`Revenues`	$22.19M	USD	3 Qtrs
Total revenue	`Revenues`	$8.63M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$5.04M	USD	3 Qtrs
Cost of product revenue	`CostOfGoodsSold`	$6.42M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$2.09M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$19.04M	USD	3 Qtrs
Cost of royalty and other revenue	`DirectOperatingCostRoyaltyExpense`	$1.21M	USD	3 Qtrs
Cost of royalty and other revenue	`DirectOperatingCostRoyaltyExpense`	$594.41K	USD	1 Quarter
Cost of royalty and other revenue	`DirectOperatingCostRoyaltyExpense`	$418.42K	USD	1 Quarter
Cost of royalty and other revenue	`DirectOperatingCostRoyaltyExpense`	$1.59M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.07M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.43M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$8.15M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$10.38M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.49M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.13M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.22M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$9.97M	USD	3 Qtrs
Contingent consideration - fair value adjustments	`OtherCostAndExpenseOperating`	$343.93K	USD	1 Quarter
Contingent consideration - fair value adjustments	`OtherCostAndExpenseOperating`	$343.93K	USD	3 Qtrs
Gain on bargain purchase	`GainOnPurchaseOfBusiness`	$314.24K	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$23.85M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$8.08M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$38.78M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$12.92M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$552.43K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$2.19M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$4.67M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-1.66M	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$187.48K	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$52.25K	USD	1 Quarter
Investment income	`InvestmentIncomeNonoperating`	$156.75K	USD	3 Qtrs
Investment income	`InvestmentIncomeNonoperating`	$95.81K	USD	1 Quarter
Interest expense	`InterestExpense`	$13.48K	USD	3 Qtrs
Interest expense	`InterestExpense`	$42.54K	USD	3 Qtrs
Interest expense	`InterestExpense`	$-7.21K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$67.14K	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-500.41K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$604.67K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.85M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.79M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.48M	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-16.18K	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$250.95K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.60M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.48M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.81M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$604.67K	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.05	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.15	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.15	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.05	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.84M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.95M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.80M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.80M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.93M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.26M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.13M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.80M	shares	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$6.07M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$607.36K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$3.91M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.48M	USD	3 Qtrs

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$4.60M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.48M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.81M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$604.67K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.59M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.21M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$781.64K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$245.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$288.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$743.95K	USD	3 Qtrs
Fair value adjustments to contingent consideration	`OtherNoncashExpense`	$339.43K	USD	3 Qtrs
Gain on bargain purchase	`GainOnPurchaseOfBusiness`	$314.24K	USD	3 Qtrs
Loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-5.60K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.85M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.67M	USD	3 Qtrs
Royalties receivable	`IncreaseDecreaseInOtherReceivables`	$42.86K	USD	3 Qtrs
Royalties receivable	`IncreaseDecreaseInOtherReceivables`	$755.86K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.04M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$522.51K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.26M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-247.09K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-118.73K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$309.71K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$671.46K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.09M	USD	3 Qtrs
Long-term liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.01M	USD	3 Qtrs
Long-term liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-36.67K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.21M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.12M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$36.34M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$65.38M	USD	3 Qtrs
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$68.10M	USD	3 Qtrs
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$36.86M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$545.32K	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$825.06K	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-299.37K	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.17M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$886.70K	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$69.24K	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$419.27K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-350.03K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$886.70K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$424.74K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.22M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$705.60K	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.50M	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`	$11.17M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$18.39M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.50M	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`	$11.17M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$18.39M	USD	Point-in-time

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