10-Q Filing

REPLIGEN CORP CIK: 730272 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-14-191602`
Period End Date	20140331
Filing Date	20140509
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	rgen-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 45 Cash Flow Statement 52

Balance Sheet 87 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`	$28.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.21M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$21.55M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$21.79M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	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`	$5.04M	USD	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $10,000	`AccountsReceivableNetCurrent`	$4.95M	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`	$6.73M	USD	Point-in-time
Inventories	`InventoryNet`	$11.44M	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	`InventoryNet`	$11.80M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.04M	shares	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNetCurrent`	$1.98K	USD	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNetCurrent`	$1.98K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	31.93M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.46M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.04M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.25M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	31.93M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$88.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$86.35M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$9.21M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$8.97M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$13.94M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$13.68M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$2.18M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$2.12M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$35.17K	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$21.65K	USD	Point-in-time
Total property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$25.36M	USD	Point-in-time
Total property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$24.80M	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$12.91M	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$12.29M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$12.51M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$12.45M	USD	Point-in-time
Long-term deferred tax asset, net	`DeferredTaxAssetsNetNoncurrent`	$184.85K	USD	Point-in-time
Long-term deferred tax asset, net	`DeferredTaxAssetsNetNoncurrent`	$176.74K	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$10.90M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$12.22M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.19M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$5.92M	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`	$119.33M	USD	Point-in-time
Total assets	`Assets`	$118.64M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.72M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.48M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$9.58M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$5.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.36M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.46M	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, 32,040,683 shares at March 31, 2014 and 31,925,741 shares at December 31, 2013 issued and outstanding	`CommonStockValue`	$319.26K	USD	Point-in-time
Common stock, $.01 par value, 40,000,000 shares authorized, 32,040,683 shares at March 31, 2014 and 31,925,741 shares at December 31, 2013 issued and outstanding	`CommonStockValue`	$320.41K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$190.63M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$191.45M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.86M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-84.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-89.06M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$108.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$103.89M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$118.64M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$119.33M	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueGoodsNet`	$14.33M	USD	1 Quarter
Product revenue	`SalesRevenueGoodsNet`	$11.93M	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$1.99M	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$4.52M	USD	1 Quarter
Total revenue	`Revenues`	$16.33M	USD	1 Quarter
Total revenue	`Revenues`	$16.46M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$6.90M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$6.34M	USD	1 Quarter
Cost of royalty revenue	`DirectOperatingCostRoyaltyExpense`	$576.86K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.18M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.20M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.38M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.31M	USD	1 Quarter
Contingent consideration - fair value adjustments	`ChangeInFairValueOfAcquisitionRelatedContingentConsideration`	$98.32K	USD	1 Quarter
Contingent consideration - fair value adjustments	`ChangeInFairValueOfAcquisitionRelatedContingentConsideration`	$-53.97K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$11.02M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$12.91M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.54M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$5.31M	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$101.82K	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$61.52K	USD	1 Quarter
Interest expense	`InterestExpense`	$13.53K	USD	1 Quarter
Interest expense	`InterestExpense`	$14.09K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$2.50K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$29.08K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.62M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.40M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.28M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.28M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	31.24M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	31.96M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.86M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.83M	shares	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.18K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.98K	USD	1 Quarter
Foreign currency translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-143.15K	USD	1 Quarter
Foreign currency translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-256.61K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.08M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.14M	USD	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income:	`NetIncomeLoss`	$2.34M	USD	1 Quarter
Net income:	`NetIncomeLoss`	$4.28M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$892.41K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$818.92K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$307.43K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$250.07K	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$7.57K	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$-112.40K	USD	1 Quarter
Loss (gain) on revaluation of contingent consideration	`OtherNoncashIncomeExpense`	$53.97K	USD	1 Quarter
Loss (gain) on revaluation of contingent consideration	`OtherNoncashIncomeExpense`	$-98.32K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.77M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$94.06K	USD	1 Quarter
Royalties and other receivables	`IncreaseDecreaseInOtherReceivables`	$-5.28M	USD	1 Quarter
Royalties and other receivables	`IncreaseDecreaseInOtherReceivables`	$-6.73M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-331.09K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-872.26K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$209.70K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$51.47K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-548.65K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-236.18K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.00M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.30M	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.13M	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-106.22K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$8.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$3.59M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$10.54M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$8.97M	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$5.81M	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$10.53M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$596.79K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$322.10K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$961.63K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-5.05M	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$497.71K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$956.72K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$956.72K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$497.71K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-141.99K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-78.16K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.38M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-639.81K	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$28.57M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$49.21M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$39.83M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$28.57M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$49.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$39.83M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.21M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$659.00K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$466.00K	USD	1 Quarter

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