← REPLIGEN CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $11.7m | $28.4m | $16.6m | $21.4m | $59.9m | $128.3m | $186.0m | $35.6m | ($25.5m) | $48.9m | |
| Depreciation and amortization | $5.3m | $10.5m | $15.8m | $20.9m | $27.1m | $38.4m | $51.0m | $68.6m | $69.7m | $78.7m | |
| Depreciation | $3.3m | $4.2m | $5.2m | $7.3m | $10.9m | $16.4m | $23.9m | $37.0m | $35.0m | $39.7m | |
| Amortization of Debt Issuance Costs | — | — | $4.2m | $7.5m | $11.0m | $11.5m | $1.8m | $2.4m | $15.6m | $1.7m | |
| Amortization of Debt Issuance Costs and Discounts | — | — | $4.2m | $7.5m | $11.0m | $11.5m | $1.8m | $2.4m | $15.6m | $16.6m | |
| Amortization of Intangible Assets | $2.1m | $6.2m | $10.6m | $13.6m | $16.1m | $22.1m | $27.1m | $31.6m | $34.7m | $39.1m | |
| Deferred Income Tax Expense (Benefit) | ($4.1m) | ($24.7m) | $71k | ($624k) | ($4.0m) | $6.5m | ($1.4m) | $1.2m | ($16.8m) | ($3.4m) | |
| Share-based Payment Arrangement, Noncash Expense | $4.6m | $6.7m | $10.2m | $12.8m | $17.0m | $27.5m | $27.3m | $25.6m | $48.1m | $32.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $1.7m | — | $490k | $10k | $2.9m | $17.0m | $13.2m | $9.9m | $8.8m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | — | — | — | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($7k) | ($64k) | ($10.6m) | ($18.5m) | ($22.5m) | ($67.1m) | ($84.8m) | ($36.2m) | ($25.7m) | ($23.5m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $15k | ($5.5m) | ($10.6m) | ($18.5m) | ($22.5m) | ($67.1m) | ($84.8m) | ($36.2m) | ($3.6m) | ($23.5m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($5.7m) | — | ($13k) | $0 | ($12.7m) | $0 | $0 | |
| Income Tax Expense (Benefit) | $11k | ($21.1m) | $4.8m | $4.7m | ($709k) | $25.3m | $33.2m | $21.1m | ($1.5m) | $13.5m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | $2.5m | $20.7m | $21.5m | |
| Other Nonoperating Income (Expense) | ($860k) | ($687k) | $262k | ($314k) | ($214k) | ($1.2m) | ($9.5m) | $8.1m | ($5.2m) | $2.8m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $3.2m | $6.9m | $6.1m | $7.7m | $21.0m | $46.5m | $3.6m | $3.3m | $14.0m | $17.2m | |
| Increase (Decrease) in Inventories | $6.2m | ($605k) | $4.0m | $9.3m | $29.3m | $89.8m | $57.2m | ($41.0m) | ($56.9m) | $14.9m | |
| Increase (Decrease) in Accounts Payable | ($1.8m) | $807k | $2.3m | $662k | $2.5m | $19.5m | ($8.2m) | ($9.8m) | $12.9m | ($4.2m) | |
| Proceeds from Stock Options Exercised | $1.8m | $2.4m | $3.4m | $1.2m | $8.2m | $3.9m | $3.7m | $1.1m | $4.3m | $3.2m | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | — | — | — | — | $0 | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | — | — | — | $13.0m | |
| Gain (Loss) on Investments | $0 | $0 | $0 | — | — | — | — | — | — | — | |
| Goodwill | $59.5m | $327.3m | $326.7m | $468.4m | $618.3m | $860.4m | $855.5m | $987.1m | $1.0b | $1.1b | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | $0 | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | — | — | ($4.6m) | ($9.9m) | ($10.6m) | ($13.7m) | ($5.5m) | $9.0m | $8.1m | $7.2m | |
| Restructuring Costs | — | — | — | — | — | — | — | $32.2m | $46.9m | $4.1m | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $194.0m | $270.2m | $366.3m | $670.5m | $801.5m | $632.4m | $634.4m | $738.3m | |
| Net Cash Provided by (Used in) Operating Activities | $7.5m | $17.5m | $32.8m | $67.2m | $62.6m | $119.0m | $172.1m | $113.9m | $175.4m | $117.4m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4.3m | $5.5m | $10.6m | $18.5m | $22.5m | $67.1m | $84.8m | $36.2m | $25.7m | $23.5m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | $175.0m | $149.9m | $0 | $186.6m | $54.8m | $70.3m | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | ($110k) | ($32k) | ($1.3m) | $2.4m | |
| Net Cash Provided by (Used in) Investing Activities | ($49.2m) | ($98.7m) | ($14.0m) | ($205.3m) | ($201.4m) | ($221.2m) | ($233.2m) | ($123.3m) | ($86.4m) | ($298.5m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $23.4m | $19.6m | — | — | — | — | — | $102.3m | $0 | $0 | |
| Proceeds from Issuance of Common Stock | — | $129.3m | — | $320.7m | $297.8m | — | $0 | — | — | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | $0 | $0 | $14.4m | $0 | $0 | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | ($45k) | $0 | $0 | |
| Net Cash Provided by (Used in) Financing Activities | $112.1m | $129.9m | $3.4m | $484.9m | $305.9m | $961k | ($13.3m) | $249.0m | ($82.9m) | ($15.2m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($2.3m) | $2.4m | — | $343.6m | $179.9m | ($113.5m) | ($80.4m) | $227.9m | $6.0m | ($191.3m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $193.8m | $537.4m | $717.3m | $603.8m | $523.5m | $751.3m | $757.4m | $566.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.2m | $2.4m | $2.4m | $1.5m | $1.1m | $1.1m | $1.0m | $988k | $6.1m | — | |
| Income Taxes Paid, Net | $4.0m | $4.0m | $4.0m | $6.5m | $10.3m | $16.5m | $34.4m | $27.0m | $19.3m | $20.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.