10-Q Filing

REPLIGEN CORP CIK: 730272 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001193125-15-179473`
Period End Date	20150331
Filing Date	20150508
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	rgen-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 45 Cash Flow Statement 53

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$40.64K	USD	Point-in-time
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$41.22K	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`	$35.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.21M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$23.09M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$23.26M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $41,222 and $40,644, respectively	`AccountsReceivableNetCurrent`	$7.76M	USD	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $41,222 and $40,644, respectively	`AccountsReceivableNetCurrent`	$14.69M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	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
Other receivables	`OtherReceivablesGrossCurrent`	$239.89K	USD	Point-in-time
Other receivables	`OtherReceivablesGrossCurrent`	$394.42K	USD	Point-in-time
Inventories	`InventoryNet`	$12.38M	USD	Point-in-time
Inventories	`InventoryNet`	$12.24M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNetCurrent`	$4.93K	USD	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNetCurrent`	$4.93K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.85M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.77M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.72M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.85M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.77M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$80.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$83.51M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$9.11M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$13.23M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$12.98M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$13.12M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$2.55M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$2.27M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$3.85M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$45.06K	USD	Point-in-time
Total property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$28.81M	USD	Point-in-time
Total property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$28.34M	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$14.20M	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$13.82M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$14.61M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$14.53M	USD	Point-in-time
Long-term marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$1.81M	USD	Point-in-time
Long-term marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$3.55M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$13.88M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$14.64M	USD	Point-in-time
Goodwill	`Goodwill`	$14.31M	USD	Point-in-time
Goodwill	`Goodwill`	$13.32M	USD	Point-in-time
Goodwill	`Goodwill`	$14.18M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$450.27K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$450.00K	USD	Point-in-time
Total assets	`Assets`	$128.29M	USD	Point-in-time
Total assets	`Assets`	$128.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.86M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.13M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$9.05M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$6.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.18M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.47M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$5.88M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`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, 80,000,000 shares authorized, 32,851,500 shares at March 31, 2015 and 32,774,374 shares at December 31, 2014 issued and outstanding	`CommonStockValue`	$328.51K	USD	Point-in-time
Common stock, $.01 par value, 80,000,000 shares authorized, 32,851,500 shares at March 31, 2015 and 32,774,374 shares at December 31, 2014 issued and outstanding	`CommonStockValue`	$327.74K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$199.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$198.06M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.64M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.77M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-80.89M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-77.96M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$111.93M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$111.73M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$128.29M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$128.58M	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueGoodsNet`	$20.82M	USD	1 Quarter
Product revenue	`SalesRevenueGoodsNet`	$14.33M	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$1.99M	USD	1 Quarter
Total revenue	`Revenues`	$16.33M	USD	1 Quarter
Total revenue	`Revenues`	$20.82M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$6.34M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$8.07M	USD	1 Quarter
Cost of royalty revenue	`DirectOperatingCostRoyaltyExpense`	-	USD	1 Quarter
Cost of royalty revenue	`DirectOperatingCostRoyaltyExpense`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.20M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.57M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.38M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$6.02M	USD	1 Quarter
Contingent consideration - fair value adjustments	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$98.32K	USD	1 Quarter
Contingent consideration - fair value adjustments	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.11M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$11.02M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$16.78M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$5.31M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$4.04M	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$36.59K	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$101.82K	USD	1 Quarter
Interest expense	`InterestExpense`	$14.09K	USD	1 Quarter
Interest expense	`InterestExpense`	$9.04K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$2.50K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$132.03K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.40M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.20M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.12M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.93M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	32.75M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	31.96M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.83M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.45M	shares	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-17.37K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.18K	USD	1 Quarter
Foreign currency translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.85M	USD	1 Quarter
Foreign currency translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-143.15K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-936.49K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$4.14M	USD	1 Quarter

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.93M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$892.41K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$701.98K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$307.43K	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$7.57K	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$86.55K	USD	1 Quarter
Loss on revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$98.32K	USD	1 Quarter
Loss on revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.11M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.24M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$94.06K	USD	1 Quarter
Royalties and other receivables	`IncreaseDecreaseInOtherReceivables`	$-6.73M	USD	1 Quarter
Royalties and other receivables	`IncreaseDecreaseInOtherReceivables`	$154.53K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-331.09K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$513.64K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-314.21K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$209.70K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$434.89K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-236.18K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.00M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.38M	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-106.22K	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-2.51M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.30M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$8.00M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$3.29M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$8.97M	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$4.84M	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$10.53M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.27M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$596.79K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$961.63K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$279.16K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$402.00K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$497.71K	USD	1 Quarter
Payment of contingent considerations	`PaymentsOfMergerRelatedCostsFinancingActivities`	$99.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$303.00K	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`	$-2.43M	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`	$-4.15M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$35.36M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$31.21M	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`	$49.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$35.36M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$31.21M	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`	$49.21M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$1.10M	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.