10-Q Filing

REPLIGEN CORP CIK: 730272 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-203891`
Period End Date	20130331
Filing Date	20130507
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	rgen-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 46 Cash Flow Statement 51

Balance Sheet 86 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
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`	$29.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.57M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$19.34M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$10.85M	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 $10,000	`AccountsReceivableNetCurrent`	$6.91M	USD	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $10,000	`AccountsReceivableNetCurrent`	$4.16M	USD	Point-in-time
Royalties and other receivables	`OtherReceivablesGrossCurrent`	$9.13M	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
Royalties and other receivables	`OtherReceivablesGrossCurrent`	$3.85M	USD	Point-in-time
Inventories, net	`InventoryNet`	$11.14M	USD	Point-in-time
Inventories, net	`InventoryNet`	$10.26M	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
Deferred tax asset, net	`DeferredTaxAssetsNetCurrent`	$416.58K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	31.43M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	31.20M	shares	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNetCurrent`	$416.58K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.35M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	31.20M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	31.43M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$66.21M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$70.70M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$5.20M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$5.25M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$12.80M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$12.96M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$1.94M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$1.98M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$383.35K	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$338.81K	USD	Point-in-time
Total property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$20.28M	USD	Point-in-time
Total property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$20.57M	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$10.33M	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$10.88M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$9.69M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$9.95M	USD	Point-in-time
Long-term deferred tax asset, net	`DeferredTaxAssetsNetNoncurrent`	$2.67M	USD	Point-in-time
Long-term deferred tax asset, net	`DeferredTaxAssetsNetNoncurrent`	$2.56M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$6.15M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$9.91M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.91M	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`	$97.01M	USD	Point-in-time
Total assets	`Assets`	$97.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.90M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$6.99M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$8.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.75M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.01M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.13M	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, 31,425,368 shares at March 31, 2013 and 31,195,041 shares at December 31, 2012 issued and outstanding	`CommonStockValue`	$311.95K	USD	Point-in-time
Common stock, $.01 par value, 40,000,000 shares authorized, 31,425,368 shares at March 31, 2013 and 31,195,041 shares at December 31, 2012 issued and outstanding	`CommonStockValue`	$314.25K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$188.26M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$187.05M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.91M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.65M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-102.81M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-105.15M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$84.12M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$87.41M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$97.31M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$97.01M	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueGoodsNet`	$9.34M	USD	1 Quarter
Product revenue	`SalesRevenueGoodsNet`	$11.93M	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$3.48M	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$4.52M	USD	1 Quarter
Total revenue	`Revenues`	$16.46M	USD	1 Quarter
Total revenue	`Revenues`	$12.82M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$6.90M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$5.27M	USD	1 Quarter
Cost of royalty revenue	`DirectOperatingCostRoyaltyExpense`	$576.86K	USD	1 Quarter
Cost of royalty revenue	`DirectOperatingCostRoyaltyExpense`	$462.09K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.18M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.81M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.31M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.43M	USD	1 Quarter
Contingent consideration - fair value adjustments	`ChangeInFairValueOfAcquisitionRelatedContingentConsideration`	$-53.97K	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`	$12.91M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.17M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.54M	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$31.42K	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$61.52K	USD	1 Quarter
Interest expense	`InterestExpense`	$13.53K	USD	1 Quarter
Interest expense	`InterestExpense`	$22.38K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncome`	$109.26K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncome`	$29.08K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.62M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.29M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.28M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$58.91K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.23M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.34M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	31.24M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.73M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.86M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.01M	shares	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$8.10K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.98K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.08M	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-256.61K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.08M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.31M	USD	1 Quarter

Cash Flow Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net income:	`NetIncomeLoss`	$1.23M	USD	1 Quarter
Net income:	`NetIncomeLoss`	$2.34M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$824.41K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$818.92K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$250.07K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$240.87K	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$-112.40K	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$8.04K	USD	1 Quarter
Gain on bargain purchase	`GainOnPurchaseOfBusiness`	$314.24K	USD	1 Quarter
(Gain) loss on revaluation of contingent consideration	`OtherNoncashExpense`	$-53.97K	USD	1 Quarter
(Gain) loss on revaluation of contingent consideration	`OtherNoncashExpense`	$24.63K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.77M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.36M	USD	1 Quarter
Royalties and other receivables	`IncreaseDecreaseInOtherReceivables`	$-126.25K	USD	1 Quarter
Royalties and other receivables	`IncreaseDecreaseInOtherReceivables`	$-5.28M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$54.78K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-872.26K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$51.47K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$293.91K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$276.23K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-548.65K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$960.97K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.30M	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$70.97K	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.13M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.59M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.73M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$10.54M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$14.61M	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$14.38M	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$5.81M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$322.10K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$156.74K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.05M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-385.90K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$113.54K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$956.72K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$956.72K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$113.54K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$163.69K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-141.99K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-639.81K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.63M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.21M	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`	$12.79M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$28.57M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.21M	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`	$12.79M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$28.57M	USD	Point-in-time

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