10-Q Filing

REPLIGEN CORP CIK: 730272 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001193125-18-155618`
Period End Date	20180331
Filing Date	20180508
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	rgen-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 41 Cash Flow Statement 56

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$58.00K	USD	Point-in-time
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$59.00K	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`	$173.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$173.88M	USD	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $59 at March 31, 2018 and $58 at December 31, 2017, respectively	`AccountsReceivableNetCurrent`	$29.35M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $59 at March 31, 2018 and $58 at December 31, 2017, respectively	`AccountsReceivableNetCurrent`	$27.59M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Royalties and other receivables	`OtherReceivablesGrossCurrent`	$31.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Royalties and other receivables	`OtherReceivablesGrossCurrent`	$153.00K	USD	Point-in-time
Inventories, net	`InventoryNet`	$39.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories, net	`InventoryNet`	$40.12M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.94M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.28M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	43.59M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$242.78M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$248.32M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	43.69M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	43.59M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	43.69M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$22.67M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$22.42M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$142.27M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$144.75M	USD	Point-in-time
Goodwill	`Goodwill`	$327.33M	USD	Point-in-time
Goodwill	`Goodwill`	$327.99M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.99M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.23M	USD	Point-in-time
Total assets	`Assets`	$743.25M	USD	Point-in-time
Total assets	`Assets`	$743.52M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.28M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.20M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$17.93M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$14.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$25.21M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$100.28M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$99.25M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$20.86M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$25.17M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$4.61M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.34M	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`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, 43,692,303 shares at March 31, 2018 and 43,587,079 shares at December 31, 2017 issued and outstanding	`CommonStockValue`	$436.00K	USD	Point-in-time
Common stock, $.01 par value, 80,000,000 shares authorized, 43,692,303 shares at March 31, 2018 and 43,587,079 shares at December 31, 2017 issued and outstanding	`CommonStockValue`	$437.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$628.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$631.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.36M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.11M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-31.51M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-28.74M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$597.18M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$591.55M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$743.25M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$743.52M	USD	Point-in-time

Income Statement 41 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueGoodsNet`	$30.57M	USD	1 Quarter
Product revenue	`SalesRevenueGoodsNet`	$44.80M	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$31.00K	USD	1 Quarter
Royalty and other revenue	`RoyaltyRevenue`	$21.00K	USD	1 Quarter
Total revenue	`Revenues`	$44.83M	USD	1 Quarter
Total revenue	`Revenues`	$30.59M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$19.67M	USD	1 Quarter
Cost of product revenue	`CostOfGoodsSold`	$13.99M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.74M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.29M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$15.90M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$9.18M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$38.85M	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`	$5.98M	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$96.00K	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$181.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.65M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.58M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-120.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$71.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.07M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.58M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$999.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.45M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.89M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	43.62M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.33M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.38M	shares	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`	$251.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.10M	USD	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.45M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.58M	USD	1 Quarter
Non-cash interest expense	`AmortizationOfDebtDiscountPremium`	$970.00K	USD	1 Quarter
Non-cash interest expense	`AmortizationOfDebtDiscountPremium`	$1.04M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.53M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.27M	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$10.00K	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$449.00K	USD	1 Quarter
Loss on conversion of senior convertible notes	`GainLossOnConversionOfDebt`	$-1.00K	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-59.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.42M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.53M	USD	1 Quarter
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-172.00K	USD	1 Quarter
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-127.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-851.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$1.19M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-34.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.61M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.55M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-452.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.84M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.22M	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-43.00K	USD	1 Quarter
Long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-3.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.57M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.15M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$28.00K	USD	1 Quarter
Redemptions of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$7.40M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.29M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.56M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.56M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$6.08M	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.33M	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$344.00K	USD	1 Quarter
Repayment of senior convertible notes	`RepaymentsOfConvertibleDebt`	$11.00K	USD	1 Quarter
Payment of contingent consideration	`PaymentsOfMergerRelatedCostsFinancingActivities`	$1.66M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-330.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$333.00K	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`	$-224.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$117.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.43M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.88M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.88M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.11M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$1.18M	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$937.00K	USD	1 Quarter
Non-cash effect of adoption of ASU 2016-16	`NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification`	$5.61M	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.