Repligen corp (RGEN)
Income statement / TTM
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

285,701

270,245

252,713

232,797

209,836

194,032

183,701

170,752

155,476

141,236

125,225

113,322

110,037

104,541

100,390

95,527

87,814

83,536

78,480

73,944

68,038

63,548

62,537

66,081

68,039

68,169

71,601

67,883

65,897

62,265

50,616

44,144

36,274

29,356

29,259

27,934

27,291

0

0

0

Costs and operating expenses:
Cost of product revenue

124,236

119,099

112,570

103,328

93,708

86,531

82,075

79,879

72,728

67,050

60,076

51,331

50,038

47,117

45,103

42,305

38,247

35,251

33,187

31,674

29,759

28,021

24,564

23,292

21,919

22,481

23,774

24,534

26,581

24,957

20,548

16,222

10,429

6,549

6,488

5,866

5,579

0

0

0

Cost of royalty and other revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

738

1,462

2,105

2,682

2,564

2,434

2,327

2,212

2,073

1,898

1,777

1,692

1,623

1,581

1,537

0

0

0

Research and development

20,532

19,450

17,430

15,604

16,153

15,821

15,738

14,138

10,218

8,672

7,643

7,528

7,558

7,355

6,746

6,350

5,712

5,741

5,638

5,798

5,976

5,609

5,703

5,483

6,359

7,341

8,262

9,265

9,864

10,489

11,016

11,658

12,270

13,246

13,306

13,351

12,528

0

0

0

Selling, general and administrative

104,115

95,613

84,671

75,901

68,792

65,692

64,491

63,630

58,225

51,509

43,933

36,062

33,017

30,853

28,758

27,590

25,692

24,698

23,200

21,712

19,796

17,156

15,548

13,979

12,777

12,701

12,587

12,811

13,105

13,225

14,240

13,607

12,478

11,488

9,200

8,519

8,018

0

0

0

Contingent consideration – fair value adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

3,242

5,286

4,844

4,975

4,082

4,058

3,835

3,085

2,071

0

0

0

-

-

-

-

0

0

-

-

0

-

-

-

-

-

-

Gain on bargain purchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

314

741

0

0

0

-

-

-

-

-

-

Total costs and operating expenses

248,883

234,162

214,671

194,833

178,653

168,044

162,304

157,647

141,171

127,231

111,577

95,521

91,850

88,567

85,893

81,089

74,626

69,772

66,083

63,019

58,616

52,857

46,724

44,442

43,403

45,296

47,500

49,636

52,436

51,182

47,482

42,645

36,214

32,550

30,618

29,319

27,665

0

0

0

Income from operations

36,818

36,083

38,042

37,964

31,183

25,988

21,397

13,105

14,305

14,005

13,648

17,801

18,187

15,974

14,497

14,438

13,188

13,764

12,397

10,925

9,422

10,691

15,813

21,639

24,636

22,873

24,101

18,247

13,461

11,083

3,134

1,499

59

-3,193

-1,358

-1,384

-374

0

0

0

Other income (expenses):
Investment income

5,975

5,324

4,260

2,920

2,427

1,895

1,314

858

456

371

420

415

381

346

278

218

161

136

151

178

244

310

0

0

0

-

-

-

-

-

-

0

-

230

279

323

356

0

0

0

Loss on extinguishment of debt

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

10,542

9,292

8,027

6,857

6,783

6,709

6,645

6,576

6,508

6,441

6,374

6,311

5,348

3,768

2,206

659

29

33

37

40

45

50

0

0

0

-

-

-

-

-

-

0

-

41

0

0

0

-

-

-

Other income

-290

-314

51

-399

549

262

49

83

-496

-687

-429

-404

-1

-860

-1,249

-1,212

-1,556

-445

-41

-17

317

187

-1

50

-137

-110

-97

-634

-53

26

-555

0

0

0

-

-

-

-

-

-

Other expenses, net

-10,507

-9,932

-9,366

-4,336

-3,807

-4,552

-5,185

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

26,311

26,151

28,676

33,628

27,376

21,436

16,115

7,470

7,757

7,248

7,265

11,501

13,219

11,692

11,320

12,785

11,764

13,422

12,470

11,046

9,938

11,138

16,111

21,999

24,790

23,014

24,217

17,864

13,608

11,271

2,707

1,521

-311

-3,627

-1,105

-1,087

-43

0

0

0

Income tax provision

3,138

4,740

5,232

7,049

6,154

4,819

-7,043

-15,563

-20,976

-21,105

-13,939

-6,189

95

11

4,403

4,485

3,723

4,077

3,788

3,436

3,116

2,968

4,215

5,681

6,758

6,921

1,899

-372

-1,658

-2,883

267

0

0

0

-

-

-

-

0

0

Net income

23,173

21,411

23,444

26,579

21,222

16,617

23,158

23,033

28,733

28,353

21,204

17,690

13,124

11,681

6,917

8,300

8,041

9,345

8,682

7,610

6,822

8,170

11,896

16,318

18,032

16,093

22,318

18,236

15,266

14,154

2,439

1,238

-386

-3,643

-1,105

-1,087

-43

0

0

0

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

23,173

21,411

23,444

26,579

21,222

16,617

15,649

19,293

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income (loss):
Unrealized gain on investments

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Foreign currency translation adjustment

-6,822

-3,134

-10,021

-3,910

-7,672

-5,530

-5,127

-2,472

6,605

7,381

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Comprehensive income

16,351

18,277

13,423

22,669

13,550

11,087

18,032

20,562

35,339

35,739

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-3,529

0

0

0

-

-

-

Products
Revenue

285,545

270,097

252,550

232,631

209,704

193,891

183,614

170,628

155,319

141,089

125,017

113,180

109,916

104,441

100,390

95,527

87,814

83,536

77,480

72,819

66,913

60,432

55,389

52,420

49,883

47,482

46,842

45,781

44,426

41,834

35,238

29,857

22,556

16,364

16,377

15,050

14,961

0

0

0

Royalty and Other Revenue
Revenue

156

148

163

166

132

141

87

124

157

147

208

0

0

0

-

-

-

-

-

-

-

3,116

7,148

13,661

18,156

20,687

24,759

22,102

21,471

20,431

15,378

14,287

13,717

12,991

12,882

12,883

12,329

0

0

0