10-Q Filing

REPLIGEN CORP CIK: 730272 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001193125-17-158131`
Period End Date	20170331
Filing Date	20170504
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	rgen-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 42 Cash Flow Statement 57

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.00K	USD	Point-in-time
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$32.00K	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`	$122.23M	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
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`	$129.66M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$12.18M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$19.55M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $32 at March 31, 2017 and $23 at December 31, 2016	`AccountsReceivableNetCurrent`	$17.71M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $32 at March 31, 2017 and $23 at December 31, 2016	`AccountsReceivableNetCurrent`	$15.19M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other receivables	`OtherReceivablesGrossCurrent`	$839.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other receivables	`OtherReceivablesGrossCurrent`	$669.00K	USD	Point-in-time
Inventories	`InventoryNet`	$24.70M	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`	$23.96M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.62M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	34.08M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.64M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	33.84M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	33.84M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	34.08M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$185.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$184.15M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$14.96M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$15.37M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$29.22M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$29.81M	USD	Point-in-time
Goodwill	`Goodwill`	$59.78M	USD	Point-in-time
Goodwill	`Goodwill`	$59.55M	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`	$290.63M	USD	Point-in-time
Total assets	`Assets`	$288.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.63M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$16.01M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$9.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.07M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$96.24M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$95.27M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$2.10M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$2.19M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.66M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.70M	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, 34,076,544 shares at March 31, 2017 and 33,844,074 shares at December 31, 2016 issued and outstanding	`CommonStockValue`	$338.00K	USD	Point-in-time
Common stock, $.01 par value, 80,000,000 shares authorized, 34,076,544 shares at March 31, 2017 and 33,844,074 shares at December 31, 2016 issued and outstanding	`CommonStockValue`	$341.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$242.04M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$245.96M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.72M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.75M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-56.79M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-59.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$168.76M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$176.79M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$288.91M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$290.63M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueGoodsNet`	$30.57M	USD	1 Quarter
Product revenue	`SalesRevenueGoodsNet`	$25.09M	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$21.00K	USD	1 Quarter
Total revenue	`Revenues`	$30.59M	USD	1 Quarter
Total revenue	`Revenues`	$25.09M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$13.99M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$11.07M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.54M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.74M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$9.18M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.02M	USD	1 Quarter
Contingent consideration - fair value adjustments	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$2.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$21.63M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$24.91M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$5.68M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.46M	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$61.00K	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$96.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.58M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-120.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-979.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.07M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.54M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$915.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$999.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.62M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.89M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.02M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.38M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.49M	shares	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$15.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.00K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.03M	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.88M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$4.10M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$3.52M	USD	1 Quarter

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.62M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.58M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.15M	USD	1 Quarter
Non-cash interest expense	`AmortizationOfDebtDiscountPremium`	$970.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.53M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$922.00K	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$10.00K	USD	1 Quarter
Loss on revaluation of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$2.00M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-3.00K	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-59.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.15M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.42M	USD	1 Quarter
Other receivables	`IncreaseDecreaseInOtherReceivables`	$249.00K	USD	1 Quarter
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-172.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.09M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-851.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-781.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-34.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-452.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.60M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.22M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.28M	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInNoncurrentLiabilities`	$-43.00K	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInNoncurrentLiabilities`	$70.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-3.81M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.15M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$3.97M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$28.00K	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$7.40M	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$5.60M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.29M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$431.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$1.20M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$6.08M	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$821.00K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.33M	USD	1 Quarter
Payment of contingent considerations	`PaymentsOfMergerRelatedCostsFinancingActivities`	$1.66M	USD	1 Quarter
Payment of contingent considerations	`PaymentsOfMergerRelatedCostsFinancingActivities`	$498.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-330.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$323.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$536.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.41M	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`	$7.43M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$122.23M	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`	$53.21M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$129.66M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$122.23M	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`	$53.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$129.66M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$1.18M	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$1.04M	USD	1 Quarter
Payment of contingent consideration in common stock	`PaymentOfContingentConsiderationInCommonStock`	$875.00K	USD	1 Quarter
Payment of contingent consideration in common stock	`PaymentOfContingentConsiderationInCommonStock`	$1.06M	USD	1 Quarter

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