2013 Q2 Form 10-Q Financial Statement
#000119312513206264 Filed on May 08, 2013
Income Statement
Concept | 2013 Q2 | 2013 Q1 | 2012 Q1 |
---|---|---|---|
Revenue | $174.1M | $156.5M | $129.8M |
YoY Change | 30.9% | 20.57% | 26.74% |
Cost Of Revenue | $22.10M | $16.46M | $13.47M |
YoY Change | 30.0% | 22.26% | 21.31% |
Gross Profit | $152.0M | $140.0M | $116.3M |
YoY Change | 31.03% | 20.37% | 27.54% |
Gross Profit Margin | 87.31% | 89.48% | 89.62% |
Selling, General & Admin | $71.50M | $64.60M | $54.70M |
YoY Change | 26.33% | 18.1% | 27.8% |
% of Gross Profit | 47.04% | 46.14% | 47.03% |
Research & Development | $14.60M | $13.62M | $11.75M |
YoY Change | 20.66% | 15.87% | 75.42% |
% of Gross Profit | 9.61% | 9.73% | 10.1% |
Depreciation & Amortization | $2.300M | $2.100M | $2.300M |
YoY Change | -4.17% | -8.7% | 27.78% |
% of Gross Profit | 1.51% | 1.5% | 1.98% |
Operating Expenses | $86.10M | $78.22M | $66.45M |
YoY Change | 25.33% | 17.71% | 34.25% |
Operating Profit | $65.90M | $57.92M | $46.10M |
YoY Change | 39.32% | 25.65% | 10.54% |
Interest Expense | $1.300M | $1.400M | $1.400M |
YoY Change | -7.14% | 0.0% | 180.0% |
% of Operating Profit | 1.97% | 2.42% | 3.04% |
Other Income/Expense, Net | $0.00 | $1.323M | $0.00 |
YoY Change | -100.0% | -100.0% | |
Pretax Income | $67.20M | $59.24M | $47.48M |
YoY Change | 38.56% | 24.77% | 12.25% |
Income Tax | $23.20M | $21.35M | $17.87M |
% Of Pretax Income | 34.52% | 36.04% | 37.63% |
Net Earnings | $44.10M | $37.89M | $29.62M |
YoY Change | 51.55% | 27.95% | 6.15% |
Net Earnings / Revenue | 25.33% | 24.22% | 22.82% |
Basic Earnings Per Share | $0.47 | $0.35 | |
Diluted Earnings Per Share | $533.3K | $0.46 | $0.34 |
COMMON SHARES | |||
Basic Shares Outstanding | 79.65M shares | 80.38M shares | 84.40M shares |
Diluted Shares Outstanding | 82.43M shares | 86.46M shares |
Balance Sheet
Concept | 2013 Q2 | 2013 Q1 | 2012 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $372.3M | $336.2M | $337.4M |
YoY Change | 9.34% | -0.36% | -6.59% |
Cash & Equivalents | $104.1M | $112.3M | $104.9M |
Short-Term Investments | $268.2M | $223.8M | $232.5M |
Other Short-Term Assets | $9.700M | $9.000M | $18.50M |
YoY Change | 32.88% | -51.35% | 180.3% |
Inventory | $5.007M | $7.136M | $10.40M |
Prepaid Expenses | $956.0K | $1.541M | |
Receivables | $94.33M | $93.17M | $50.90M |
Other Receivables | $2.645M | $2.200M | $1.500M |
Total Short-Term Assets | $484.0M | $447.7M | $418.7M |
YoY Change | 14.56% | 6.93% | 0.75% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $27.60M | $26.88M | $24.10M |
YoY Change | 13.91% | 11.51% | 13.15% |
Goodwill | $56.90M | $56.85M | |
YoY Change | 0.09% | ||
Intangibles | $13.33M | $13.53M | |
YoY Change | -15.21% | ||
Long-Term Investments | $158.7M | $126.1M | $129.3M |
YoY Change | 39.58% | -2.47% | 43.19% |
Other Assets | $13.00M | $37.00M | $36.00M |
YoY Change | -66.32% | 2.78% | 27.66% |
Total Long-Term Assets | $319.8M | $281.3M | $280.6M |
YoY Change | 19.28% | 0.26% | 98.02% |
TOTAL ASSETS | |||
Total Short-Term Assets | $484.0M | $447.7M | $418.7M |
Total Long-Term Assets | $319.8M | $281.3M | $280.6M |
Total Assets | $803.8M | $729.0M | $699.3M |
YoY Change | 16.39% | 4.25% | 25.48% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $18.13M | $12.24M | $7.900M |
YoY Change | 78.8% | 54.91% | 51.92% |
Accrued Expenses | $44.33M | $38.35M | $27.70M |
YoY Change | 35.28% | 38.45% | 52.2% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $64.51M | $53.62M | $37.10M |
YoY Change | 43.46% | 44.53% | 58.55% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $10.70M | $10.50M | $10.00M |
YoY Change | 7.0% | 5.0% | 6.38% |
Total Long-Term Liabilities | $10.70M | $10.50M | $10.00M |
YoY Change | 7.0% | 5.0% | 6.38% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $64.51M | $53.62M | $37.10M |
Total Long-Term Liabilities | $10.70M | $10.50M | $10.00M |
Total Liabilities | $75.23M | $64.10M | $47.10M |
YoY Change | 36.84% | 36.09% | 43.6% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $30.87M | $2.050M | |
YoY Change | -343.35% | ||
Common Stock | $806.0K | $797.0K | |
YoY Change | -2.42% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $728.6M | $664.9M | $652.2M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $803.8M | $729.0M | $699.3M |
YoY Change | 16.39% | 4.25% | 25.48% |
Cashflow Statement
Concept | 2013 Q2 | 2013 Q1 | 2012 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $44.10M | $37.89M | $29.62M |
YoY Change | 51.55% | 27.95% | 6.15% |
Depreciation, Depletion And Amortization | $2.300M | $2.100M | $2.300M |
YoY Change | -4.17% | -8.7% | 27.78% |
Cash From Operating Activities | $63.00M | $37.40M | $40.70M |
YoY Change | 51.08% | -8.11% | 44.84% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$2.800M | -$1.600M | -$2.000M |
YoY Change | 21.74% | -20.0% | 900.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$81.80M | $49.60M | -$41.80M |
YoY Change | 1286.44% | -218.66% | -198.12% |
Cash From Investing Activities | -$84.60M | $48.00M | -$43.80M |
YoY Change | 931.71% | -209.59% | -203.3% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 13.30M | -41.50M | -900.0K |
YoY Change | -125.58% | 4511.11% | -98.73% |
NET CHANGE | |||
Cash From Operating Activities | 63.00M | 37.40M | 40.70M |
Cash From Investing Activities | -84.60M | 48.00M | -43.80M |
Cash From Financing Activities | 13.30M | -41.50M | -900.0K |
Net Change In Cash | -8.300M | 43.90M | -4.000M |
YoY Change | -55.14% | -1197.5% | 1233.33% |
FREE CASH FLOW | |||
Cash From Operating Activities | $63.00M | $37.40M | $40.70M |
Capital Expenditures | -$2.800M | -$1.600M | -$2.000M |
Free Cash Flow | $65.80M | $39.00M | $42.70M |
YoY Change | 49.55% | -8.67% | 50.88% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q2 | dei |
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Goodwill
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Unrecognized Tax Benefits
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Inventory Net
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Preferred Stock Par Or Stated Value Per Share
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Assets
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|
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2013-03-31 | ||
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Preferred Stock Value
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Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
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|
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Other Receivables
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2187000 | |
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Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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Additional Paid In Capital
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Trading Symbol
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|
MYGN | ||
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|
MYRIAD GENETICS INC | ||
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2013 | ||
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10-Q | ||
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Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
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us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
25506000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
20435000 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
27.11 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.23 | ||
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
8582000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
22.18 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
23103000 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1818004 | shares | |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
1490000 | ||
us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div> <table style="BORDER-COLLAPSE:COLLAPSE" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="4%" valign="top" align="left"><font style="font-family:Times New Roman" size="2">(1)</font></td> <td align="left" valign="top"><font style="font-family:Times New Roman" size="2"><u>Basis of Presentation</u></font></td> </tr> </table> <p style="margin-top:6px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2">The accompanying condensed consolidated financial statements have been prepared by Myriad Genetics, Inc. (the “Company”) in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and pursuant to the applicable rules and regulations of the Securities and Exchange Commission (“SEC”). The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. In the opinion of management, the accompanying financial statements contain all adjustments (consisting of normal and recurring accruals) necessary to present fairly all financial statements in accordance with GAAP. The condensed consolidated financial statements herein should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the fiscal year ended June 30, 2012, included in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2012. Operating results for the three and nine months ended March 31, 2013 may not necessarily be indicative of results to be expected for any other interim period or for the full year.</font></p> <p style="margin-top:12px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></p> </div> | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
124705000 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.38 | pure | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
110866000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
9039000 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4187000 | ||
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
224000 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
977000 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
13.14 | ||
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-5020000 | ||
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-224000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
25971000 | ||
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y6M | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
83544000 | shares | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
55834000 | ||
us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
4805000 | shares | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-566000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
166049000 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.27 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
39125000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-93934000 | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-178000 | ||
us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
470000 | ||
us-gaap |
Cost Of Revenue
CostOfRevenue
|
45960000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
81219000 | shares | |
us-gaap |
Other Operating Income
OtherOperatingIncome
|
3963000 | ||
us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
5265000 | ||
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
2000000 | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | Segment | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-4438000 | ||
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2325000 | shares | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure | |
us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
11585000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
238296 | shares | |
us-gaap |
Revenues
Revenues
|
439050000 | ||
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
416304000 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
281774000 | ||
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
22746000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P4Y | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4975000 | shares | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
299395000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
103065000 | ||
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
5265000 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
180294000 | ||
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-473000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
2897623 | shares | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
62984000 | ||
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
268000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
701000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
5580000 | ||
mygn |
Segment Reporting Depreciation And Amortization
SegmentReportingDepreciationAndAmortization
|
6635000 | ||
mygn |
Amount Charged To Retained Earnings As Result Of Stock Repurchases
AmountChargedToRetainedEarningsAsResultOfStockRepurchases
|
88331000 | ||
mygn |
Amount Of Reduction In Common Stock As Result Of Stock Repurchases
AmountOfReductionInCommonStockAsResultOfStockRepurchases
|
36374000 | ||
mygn |
Income Related To Accretion Of Note Receivable And Stated Interest Rate
IncomeRelatedToAccretionOfNoteReceivableAndStatedInterestRate
|
3306000 | ||
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
799000 | ||
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-206000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
82759000 | ||
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
100000 | ||
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
18058000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
6741000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
19859000 | ||
mygn |
Share Based Compensation Arrangement Common Shares Eligible For Purchase Related To Options Vested And Exercisable Number
ShareBasedCompensationArrangementCommonSharesEligibleForPurchaseRelatedToOptionsVestedAndExercisableNumber
|
9122023 | shares | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
230008000 | ||
us-gaap |
Payments To Acquire Projects
PaymentsToAcquireProjects
|
750000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
133032000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3456000 | ||
us-gaap |
Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
|
10633000 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.96 | ||
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
7216000 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
17491000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
67471000 | ||
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
750000 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.39 | pure | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
100101000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-30714000 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3235000 | ||
us-gaap |
Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
|
17000000 | ||
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
199000 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
63000 | ||
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-34199000 | ||
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-199000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
52171000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
86537000 | shares | |
us-gaap |
Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
|
8000000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
18186000 | ||
us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
3114000 | shares | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-112000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
136068000 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.98 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
30502000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-17216000 | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-776000 | ||
us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
560000 | ||
us-gaap |
Cost Of Revenue
CostOfRevenue
|
37580000 | ||
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
566000 | ||
us-gaap |
Other Operating Income
OtherOperatingIncome
|
3036000 | ||
us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
32197000 | ||
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
1333000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
84715000 | shares | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2180000 | ||
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1822000 | shares | |
us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
10127000 | ||
us-gaap |
Revenues
Revenues
|
363040000 | ||
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
344891000 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
290854000 | ||
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
18149000 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8639000 | shares | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
294005000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
83009000 | ||
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
32197000 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
151799000 | ||
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
1152000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
53059000 | ||
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-138000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
825000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
6150000 | ||
mygn |
Segment Reporting Depreciation And Amortization
SegmentReportingDepreciationAndAmortization
|
6741000 | ||
mygn |
Amount Charged To Retained Earnings As Result Of Stock Repurchases
AmountChargedToRetainedEarningsAsResultOfStockRepurchases
|
44468000 | ||
mygn |
Amount Of Reduction In Common Stock As Result Of Stock Repurchases
AmountOfReductionInCommonStockAsResultOfStockRepurchases
|
23004000 | ||
CY2013Q1 | us-gaap |
Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
|
200000000 | |
CY2013Q1 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
|
174900000 | |
CY2013Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
98554000 | |
CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
57918000 | |
CY2013Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
37654000 | |
CY2013Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6731000 | |
CY2013Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.46 | |
CY2013Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.36 | pure |
CY2013Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1434000 | |
CY2013Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
21349000 | |
CY2013Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
259000 | |
CY2013Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
194000 | |
CY2013Q1 | mygn |
Segment Reporting Depreciation And Amortization
SegmentReportingDepreciationAndAmortization
|
4455000 | |
CY2013Q1 | mygn |
Amount Charged To Retained Earnings As Result Of Stock Repurchases
AmountChargedToRetainedEarningsAsResultOfStockRepurchases
|
31571000 | |
CY2013Q1 | mygn |
Amount Of Reduction In Common Stock As Result Of Stock Repurchases
AmountOfReductionInCommonStockAsResultOfStockRepurchases
|
13252000 | |
CY2013Q1 | mygn |
Income Related To Accretion Of Note Receivable And Stated Interest Rate
IncomeRelatedToAccretionOfNoteReceivableAndStatedInterestRate
|
1104000 | |
CY2012Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
83681000 | |
CY2013Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
111000 | |
CY2013Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-111000 | |
CY2013Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
82434000 | shares |
CY2013Q1 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
1738000 | shares |
CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-497000 | |
CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
59241000 | |
CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.47 | |
CY2013Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
13618000 | |
CY2013Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
16462000 | |
CY2013Q1 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
1323000 | |
CY2013Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
80375000 | shares |
CY2013Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2059000 | shares |
CY2013Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure |
CY2013Q1 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
3872000 | |
CY2013Q1 | us-gaap |
Revenues
Revenues
|
156472000 | |
CY2013Q1 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
148384000 | |
CY2013Q1 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
8088000 | |
CY2013Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5797000 | shares |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
37892000 | |
CY2013Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
64602000 | |
CY2012Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
46096000 | |
CY2012Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
29769000 | |
CY2012Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6588000 | |
CY2012Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.34 | |
CY2012Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.38 | pure |
CY2012Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1379000 | |
CY2012Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
-6000 | |
CY2012Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
6000 | |
CY2012Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
86462000 | shares |
CY2012Q1 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
502000 | shares |
CY2012Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
91000 | |
CY2012Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
47481000 | |
CY2012Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.35 | |
CY2012Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
11753000 | |
CY2012Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
13465000 | |
CY2012Q1 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
1385000 | |
CY2012Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
84403000 | shares |
CY2012Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2059000 | shares |
CY2012Q1 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
3763000 | |
CY2012Q1 | us-gaap |
Revenues
Revenues
|
129777000 | |
CY2012Q1 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
123312000 | |
CY2012Q1 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
6465000 | |
CY2012Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
7589000 | shares |
CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
29615000 | |
CY2012Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
54700000 | |
CY2012Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
17866000 | |
CY2012Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
63000 | |
CY2012Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
275000 | |
CY2012Q1 | mygn |
Segment Reporting Depreciation And Amortization
SegmentReportingDepreciationAndAmortization
|
2303000 | |
CY2012Q1 | mygn |
Amount Charged To Retained Earnings As Result Of Stock Repurchases
AmountChargedToRetainedEarningsAsResultOfStockRepurchases
|
8273000 | |
CY2012Q1 | mygn |
Amount Of Reduction In Common Stock As Result Of Stock Repurchases
AmountOfReductionInCommonStockAsResultOfStockRepurchases
|
3732000 |