10-Q Filing

REPLIGEN CORP CIK: 730272 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001193125-16-579640`
Period End Date	20160331
Filing Date	20160505
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	rgen-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 40 Cash Flow Statement 55

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$31.00K	USD	Point-in-time
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$53.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.09M	USD	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$17.68M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$16.48M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $19 and $31, respectively	`AccountsReceivableNetCurrent`	$11.30M	USD	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $19 and $31, respectively	`AccountsReceivableNetCurrent`	$12.57M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other receivables	`OtherReceivablesGrossCurrent`	$331.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other receivables	`OtherReceivablesGrossCurrent`	$82.00K	USD	Point-in-time
Inventories	`InventoryNet`	$21.32M	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
Inventories	`InventoryNet`	$18.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.10M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.33M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.95M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	33.10M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	33.10M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.95M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$105.25M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$103.25M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$13.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$13.61M	USD	Point-in-time
Long-term marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$1.63M	USD	Point-in-time
Long-term marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$1.22M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$12.76M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$12.46M	USD	Point-in-time
Goodwill	`Goodwill`	$14.35M	USD	Point-in-time
Goodwill	`Goodwill`	$14.35M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$450.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$450.00K	USD	Point-in-time
Total assets	`Assets`	$146.24M	USD	Point-in-time
Total assets	`Assets`	$147.32M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.14M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.72M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$12.06M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$10.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.78M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.82M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.62M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$4.71M	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, 33,097,903 shares at March 31, 2016 and 32,949,353 shares at December 31, 2015 issued and outstanding	`CommonStockValue`	$331.00K	USD	Point-in-time
Common stock, $.01 par value, 80,000,000 shares authorized, 33,097,903 shares at March 31, 2016 and 32,949,353 shares at December 31, 2015 issued and outstanding	`CommonStockValue`	$329.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$202.53M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$205.14M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.57M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.67M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-69.92M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-71.54M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$128.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$122.75M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$146.24M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$147.32M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueGoodsNet`	$25.09M	USD	1 Quarter
Product revenue	`SalesRevenueGoodsNet`	$20.82M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$8.07M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$11.07M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.57M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.54M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$6.03M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.02M	USD	1 Quarter
Contingent consideration - fair value adjustments	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$2.00M	USD	1 Quarter
Contingent consideration - fair value adjustments	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.11M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$21.63M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$16.78M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.46M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$4.04M	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$37.00K	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$61.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$5.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$9.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-979.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$132.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.20M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.54M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.27M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$915.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.62M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	32.75M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.02M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.45M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.49M	shares	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-17.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$15.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.88M	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.85M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-936.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$3.52M	USD	1 Quarter

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$2.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.62M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.15M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$702.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$922.00K	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$87.00K	USD	1 Quarter
Loss on revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$2.00M	USD	1 Quarter
Loss on revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.11M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-3.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.15M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.24M	USD	1 Quarter
Other receivables	`IncreaseDecreaseInOtherReceivables`	$155.00K	USD	1 Quarter
Other receivables	`IncreaseDecreaseInOtherReceivables`	$249.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.09M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$514.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-781.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-314.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.60M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$435.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.38M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.28M	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInNoncurrentLiabilities`	$-2.51M	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInNoncurrentLiabilities`	$70.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.31M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-3.81M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$3.97M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$3.29M	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$4.84M	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$5.60M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.27M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$431.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$279.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$1.20M	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$821.00K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$402.00K	USD	1 Quarter
Payment of contingent considerations	`PaymentsOfMergerRelatedCostsFinancingActivities`	$99.00K	USD	1 Quarter
Payment of contingent considerations	`PaymentsOfMergerRelatedCostsFinancingActivities`	$498.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$303.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$323.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.41M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.43M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-879.00K	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`	$53.21M	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`	$54.09M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$35.36M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$53.21M	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`	$54.09M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$35.36M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$1.04M	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$1.10M	USD	1 Quarter
Payment of contingent consideration in common stock	`PaymentOfContingentConsiderationInCommonStock`	$875.00K	USD	1 Quarter

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