Repligen corp (RGEN)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10
Revenue:
Revenue

76,090

69,474

69,445

70,692

60,634

51,942

49,529

47,731

44,830

41,611

36,580

32,455

30,590

25,600

24,677

29,170

25,094

21,449

19,814

21,457

20,816

16,393

15,278

15,551

16,326

15,382

18,822

17,509

16,456

18,814

15,104

15,523

12,824

7,165

8,631

7,653

5,906

7,067

7,306

7,009

Costs and operating expenses:
Cost of product revenue

31,982

30,121

31,425

30,708

26,845

23,592

22,183

21,088

19,668

19,136

19,987

13,937

13,990

12,162

11,242

12,644

11,069

10,148

8,444

8,586

8,073

8,084

6,931

6,671

6,335

4,627

5,659

5,298

6,897

5,920

6,419

7,345

5,273

1,511

2,092

1,552

1,393

1,449

1,471

1,265

Cost of royalty and other revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

738

724

643

577

620

594

536

462

481

418

415

376

412

376

371

Research and development

4,702

5,172

5,427

5,231

3,620

3,152

3,601

5,780

3,288

3,069

2,001

1,860

1,742

2,040

1,886

1,890

1,539

1,431

1,490

1,252

1,568

1,328

1,650

1,430

1,201

1,422

1,430

2,306

2,183

2,343

2,433

2,905

2,808

2,870

3,074

3,517

3,784

2,930

3,119

2,695

Selling, general and administrative

27,500

28,287

24,629

23,699

18,998

17,345

15,859

16,590

15,898

16,144

14,998

11,185

9,182

8,568

7,127

8,140

7,018

6,473

5,959

6,242

6,024

4,975

4,471

4,326

3,384

3,367

2,902

3,124

3,308

3,253

3,126

3,418

3,428

4,268

2,493

2,289

2,438

1,979

1,812

1,788

Contingent consideration – fair value adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-75

675

637

2,005

1,969

233

768

1,112

1,945

10

18

98

-

-

-

-

267

344

-

-

-427

-

-

-

-

-

-

Gain on bargain purchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

314

427

-

-

-

-

-

-

Total costs and operating expenses

64,184

63,580

61,481

59,638

49,463

44,089

41,643

43,458

38,854

38,349

36,986

26,982

24,914

22,695

20,930

23,311

21,631

20,021

16,126

16,848

16,777

16,332

13,062

12,445

11,018

10,199

10,780

11,406

12,911

12,403

12,916

14,206

11,657

8,703

8,078

7,775

7,992

6,770

6,780

6,120

Income from operations

11,906

5,894

7,964

11,054

11,171

7,853

7,886

4,273

5,976

3,262

-406

5,473

5,676

2,905

3,747

5,859

3,463

1,428

3,688

4,609

4,039

61

2,216

3,106

5,308

5,183

8,042

6,103

3,545

6,411

2,188

1,317

1,167

-1,538

552

-121

-2,086

296

526

889

Other income (expenses):
Investment income

1,364

1,708

1,898

1,005

713

644

558

512

181

63

102

110

96

112

97

76

61

44

37

19

36

59

64

85

102

-

-

-

-

-

-

29

-

42

52

65

69

91

96

98

Loss on extinguishment of debt

-

-

-5,650

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

2,976

2,966

2,857

1,743

1,726

1,701

1,687

1,669

1,652

1,637

1,618

1,601

1,585

1,570

1,555

638

5

8

8

8

9

12

11

13

14

-

-

-

-

-

-

27

-

28

0

0

13

-

-

-

Other income

382

-291

316

-697

358

74

-134

251

71

-139

-100

-328

-120

119

-75

75

-979

-270

-38

-269

132

134

-14

65

2

-54

37

-122

29

-41

-500

458

109

-623

-

-

-

-

-

-

Other expenses, net

-1,230

-1,549

-6,293

-1,435

-655

-983

-1,263

-906

-1,400

-

-1,616

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

10,676

4,345

1,671

9,619

10,516

6,870

6,623

3,367

4,576

1,549

-2,022

3,654

4,067

1,566

2,214

5,372

2,540

1,194

3,679

4,351

4,198

242

2,255

3,243

5,398

5,215

8,143

6,034

3,622

6,418

1,790

1,778

1,285

-2,146

604

-55

-2,030

375

623

988

Income tax provision

861

741

12

1,524

2,463

1,233

1,829

629

1,128

-10,629

-6,691

-4,784

999

-3,463

1,059

1,500

915

929

1,141

738

1,269

640

789

418

1,121

1,887

2,255

1,495

1,284

-3,135

-16

208

59

16

-

-

-

-

0

0

Net income

9,815

3,604

1,659

8,095

8,053

5,637

4,794

2,738

3,448

12,178

4,669

8,438

3,068

5,029

1,155

3,872

1,625

265

2,538

3,613

2,929

-398

1,466

2,825

4,277

3,328

5,888

4,539

2,338

9,553

1,806

1,569

1,226

-2,162

604

-55

-2,030

375

623

988

Earnings per share:
Basic

0.19

0.06

0.03

0.17

0.18

0.13

0.11

0.06

0.08

0.28

0.11

0.25

0.09

0.15

0.03

0.12

0.05

0.01

0.08

0.11

0.09

-0.01

0.04

0.09

0.13

0.10

0.18

0.14

0.07

0.31

0.06

0.05

0.04

-0.07

0.02

0.00

-0.07

0.01

0.02

0.03

Diluted

0.18

0.07

0.03

0.17

0.17

0.13

0.10

0.06

0.08

0.27

0.11

0.24

0.09

0.15

0.03

0.11

0.05

0.01

0.08

0.11

0.09

-0.01

0.04

0.09

0.13

0.10

0.18

0.14

0.07

0.30

0.06

0.05

0.04

-0.07

0.02

0.00

-0.07

0.01

0.02

0.03

Weighted average common shares outstanding:
Basic

52,139

149,306

50

46

43,968

174,936

43

43

43

43,569

41,236

34,097

33,891

33,833

33,779

33,649

33,025

32,946

32,925

32,870

32,755

32,747

32,677

32,234

31,963

31,916

31,858

31,644

31,241

31,132

30,948

30,845

30,730

30,715

30,796

30,812

30,792

30,787

30,780

30,767

Diluted

53,109

150,444

51

49

46,279

181,748

45

45

44

44,385

42,563

35,094

34,382

34,369

34,313

34,175

33,494

33,577

33,690

33,671

33,451

32,747

33,327

33,076

31,855

32,708

32,552

32,317

31,855

31,600

31,256

31,149

31,010

30,715

30,933

30,812

30,792

31,001

30,920

30,926

Net income

9,815

3,604

1,659

8,095

8,053

5,637

4,794

2,738

3,448

-

4,669

8,438

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income (loss):
Unrealized gain on investments

-

-

-

-

-

-

-

-

-

-

0

1

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6

-

-

-

-

-

-

-

-

Foreign currency translation adjustment

-5,579

6,767

-6,741

-1,269

-1,891

-120

-630

-5,031

251

283

2,025

4,046

1,027

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,722

-

-

-

-

-

-

-

-

Comprehensive income

4,236

10,371

-5,082

6,826

6,162

5,517

4,164

-2,293

3,699

12,462

6,694

12,484

4,099

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-159

-

-2,050

607

-55

-2,030

-

-

-

Products
Revenue

76,060

69,396

69,419

70,670

60,612

51,849

49,500

47,743

44,799

41,572

36,514

32,434

30,569

25,500

24,677

29,170

25,094

21,449

19,814

21,457

20,816

15,393

15,153

15,551

14,335

10,350

12,184

13,014

11,934

9,710

11,123

11,659

9,342

3,114

5,741

4,358

3,150

3,126

4,415

4,268

Royalty and Other Revenue
Revenue

30

78

26

22

22

93

29

-12

31

39

66

21

21

100

-

-

-

-

-

-

-

1,000

125

0

1,991

5,032

6,638

4,495

4,522

9,104

3,981

3,864

3,482

4,051

2,889

3,295

2,755

3,941

2,891

2,741