2020 Q4 Form 10-Q Financial Statement

#000162828020016036 Filed on November 09, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2020 Q2
Revenue $154.6M $145.2M $93.20M
YoY Change -20.76% -22.06% -56.73%
Cost Of Revenue $47.20M $44.20M $36.70M
YoY Change -4.84% -11.07% -27.47%
Gross Profit $107.4M $101.0M $56.50M
YoY Change -26.19% -26.06% -65.72%
Gross Profit Margin 69.47% 69.56% 60.62%
Selling, General & Admin $132.8M $124.1M $107.4M
YoY Change -1.12% -8.41% -28.3%
% of Gross Profit 123.65% 122.87% 190.09%
Research & Development $18.20M $17.60M $17.40M
YoY Change -3.19% -17.37% -16.75%
% of Gross Profit 16.95% 17.43% 30.8%
Depreciation & Amortization $18.10M $2.400M $2.500M
YoY Change 503.33% -17.24% -86.41%
% of Gross Profit 16.85% 2.38% 4.42%
Operating Expenses $155.6M $141.7M $124.8M
YoY Change 1.63% -9.63% -26.89%
Operating Profit -$48.20M -$39.60M -$68.30M
YoY Change 447.73% 89.47% 1119.64%
Interest Expense -$2.600M $2.900M $3.100M
YoY Change -204.0% 0.0% -3.13%
% of Operating Profit
Other Income/Expense, Net $400.0K -$4.100M $9.800M
YoY Change -115.38% 192.86% -566.67%
Pretax Income -$50.40M -$43.70M -$58.50M
YoY Change 342.11% 95.96% 659.74%
Income Tax -$11.80M -$28.50M -$3.000M
% Of Pretax Income
Net Earnings -$37.90M -$15.20M -$55.40M
YoY Change 356.63% -26.21% 1219.05%
Net Earnings / Revenue -24.51% -10.47% -59.44%
Basic Earnings Per Share -$0.20 -$0.74
Diluted Earnings Per Share -$498.0K -$0.20 -$0.74
COMMON SHARES
Basic Shares Outstanding 75.21M shares 74.70M shares 74.60M shares
Diluted Shares Outstanding 74.70M shares 74.60M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $150.7M $160.4M $217.8M
YoY Change 6.43% 12.48% 59.09%
Cash & Equivalents $117.0M $118.3M $163.7M
Short-Term Investments $33.70M $42.10M $54.10M
Other Short-Term Assets $120.1M $120.4M $13.80M
YoY Change 62.74% 225.41% -66.91%
Inventory $27.10M $26.60M $29.10M
Prepaid Expenses
Receivables $89.50M $85.10M $68.10M
Other Receivables $2.000M $2.000M $2.900M
Total Short-Term Assets $389.4M $394.5M $331.7M
YoY Change 6.6% 19.73% -4.85%
LONG-TERM ASSETS
Property, Plant & Equipment $40.70M $36.70M $37.00M
YoY Change 11.51% -33.27% -35.43%
Goodwill $329.2M $328.3M $327.6M
YoY Change -19.33% -21.1% -21.48%
Intangibles $576.5M $590.9M $605.3M
YoY Change -11.78% -11.52% -11.6%
Long-Term Investments $21.00M $30.20M $37.00M
YoY Change -55.88% -41.36% -32.6%
Other Assets $2.300M $1.200M $0.00
YoY Change
Total Long-Term Assets $1.029B $1.050B $1.073B
YoY Change -15.14% -16.78% -11.63%
TOTAL ASSETS
Total Short-Term Assets $389.4M $394.5M $331.7M
Total Long-Term Assets $1.029B $1.050B $1.073B
Total Assets $1.419B $1.445B $1.405B
YoY Change -10.11% -9.22% -10.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.50M $19.10M $21.70M
YoY Change -2.38% -20.42% -34.83%
Accrued Expenses $79.10M $65.40M $75.90M
YoY Change 29.46% -10.41% -3.8%
Deferred Revenue $32.70M $32.30M $32.80M
YoY Change 808.33% 1438.1% 1390.91%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $145.9M $133.7M $147.0M
YoY Change 29.8% 15.86% 24.79%
LONG-TERM LIABILITIES
Long-Term Debt $224.8M $224.6M $224.4M
YoY Change -0.13% -0.18% -3.9%
Other Long-Term Liabilities $14.70M $10.70M $8.000M
YoY Change -83.3% 46.58% 2.56%
Total Long-Term Liabilities $239.5M $10.70M $232.4M
YoY Change 6.4% -95.39% -3.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $145.9M $133.7M $147.0M
Total Long-Term Liabilities $239.5M $10.70M $232.4M
Total Liabilities $537.8M $535.2M $486.4M
YoY Change 7.35% 3.58% 2.66%
SHAREHOLDERS EQUITY
Retained Earnings -$227.0M -$189.1M -$173.9M
YoY Change 6778.79% -779.3%
Common Stock $1.110B $1.102B $1.097B
YoY Change 2.26% 2.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $881.0M $909.3M $918.2M
YoY Change
Total Liabilities & Shareholders Equity $1.419B $1.445B $1.405B
YoY Change -10.11% -9.22% -10.12%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2020 Q2
OPERATING ACTIVITIES
Net Income -$37.90M -$15.20M -$55.40M
YoY Change 356.63% -26.21% 1219.05%
Depreciation, Depletion And Amortization $18.10M $2.400M $2.500M
YoY Change 503.33% -17.24% -86.41%
Cash From Operating Activities -$14.40M -$59.30M $30.00M
YoY Change 323.53% -475.32% -4.76%
INVESTING ACTIVITIES
Capital Expenditures -$6.400M -$1.500M -$2.400M
YoY Change 88.24% 7.14% 71.43%
Acquisitions
YoY Change
Other Investing Activities $17.30M $18.60M $12.70M
YoY Change -555.26% -426.32% 115.25%
Cash From Investing Activities $10.90M $17.10M $10.30M
YoY Change -251.39% -340.85% 128.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.800M -$3.900M 1.000M
YoY Change 63.64% -68.29% -103.6%
NET CHANGE
Cash From Operating Activities -14.40M -$59.30M 30.00M
Cash From Investing Activities 10.90M $17.10M 10.30M
Cash From Financing Activities 1.800M -$3.900M 1.000M
Net Change In Cash -1.700M -$45.40M 41.30M
YoY Change -82.11% 1275.76% 403.66%
FREE CASH FLOW
Cash From Operating Activities -$14.40M -$59.30M $30.00M
Capital Expenditures -$6.400M -$1.500M -$2.400M
Free Cash Flow -$8.000M -$57.80M $32.40M
YoY Change -436.05% -1.52%

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CY2020Q3 mygn Increase Decrease In Unrecognized Tax Benefits
IncreaseDecreaseInUnrecognizedTaxBenefits
13900000 USD
CY2019Q3 mygn Increase Decrease In Unrecognized Tax Benefits
IncreaseDecreaseInUnrecognizedTaxBenefits
400000 USD
CY2020Q3 mygn Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
-1100000 USD
CY2019Q3 mygn Change In Fair Value Of Contingent Consideration
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700000 USD
CY2020Q3 mygn Increase Decrease In Prepaid Expense Excluding Increase Decrease In Prepaid Taxes
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-1200000 USD
CY2019Q3 mygn Increase Decrease In Prepaid Expense Excluding Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidExpenseExcludingIncreaseDecreaseInPrepaidTaxes
-2600000 USD
CY2020Q3 us-gaap Increase Decrease In Accounts Receivable
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17000000.0 USD
CY2019Q3 us-gaap Increase Decrease In Accounts Receivable
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-16700000 USD
CY2020Q3 us-gaap Increase Decrease In Other Receivables
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-900000 USD
CY2019Q3 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
100000 USD
CY2020Q3 us-gaap Increase Decrease In Inventories
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-2600000 USD
CY2019Q3 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3100000 USD
CY2020Q3 us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
107900000 USD
CY2019Q3 us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
-2100000 USD
CY2020Q3 us-gaap Increase Decrease In Other Noncurrent Assets
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1200000 USD
CY2019Q3 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
0 USD
CY2020Q3 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3200000 USD
CY2019Q3 us-gaap Increase Decrease In Accounts Payable
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-9300000 USD
CY2020Q3 us-gaap Increase Decrease In Accrued Liabilities
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-9800000 USD
CY2019Q3 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-4900000 USD
CY2020Q3 us-gaap Increase Decrease In Contract With Customer Liability
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-600000 USD
CY2019Q3 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Operating Activities
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-59300000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Operating Activities
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15800000 USD
CY2020Q3 us-gaap Payments To Acquire Productive Assets
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1500000 USD
CY2019Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1400000 USD
CY2020Q3 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 USD
CY2019Q3 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
23100000 USD
CY2020Q3 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
18600000 USD
CY2019Q3 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
17400000 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Investing Activities
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17100000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Investing Activities
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-7100000 USD
CY2020Q3 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3800000 USD
CY2019Q3 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
400000 USD
CY2020Q3 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
100000 USD
CY2019Q3 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
3300000 USD
CY2020Q3 us-gaap Repayments Of Lines Of Credit
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0 USD
CY2019Q3 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
8600000 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3900000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-12300000 USD
CY2020Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
700000 USD
CY2019Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
300000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-45400000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3300000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
163700000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
93200000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
118300000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
89900000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
145200000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
186300000 USD
CY2020 mygn Cares Act Of2020 Medicare Payment Amount
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29700000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
32800000 USD
CY2019Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2200000 USD
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2300000 USD
CY2019Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
400000 USD
CY2020Q3 mygn Contract With Customer Liability Prepayments
ContractWithCustomerLiabilityPrepayments
1800000 USD
CY2019Q3 mygn Contract With Customer Liability Prepayments
ContractWithCustomerLiabilityPrepayments
300000 USD
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
32300000 USD
CY2019Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2100000 USD
CY2020Q3 us-gaap Revenue Practical Expedient Remaining Performance Obligation Description
RevenuePracticalExpedientRemainingPerformanceObligationDescription
In accordance with ASU 2014-09, the Company has elected not to disclose the aggregate amount of the transaction price allocated to remaining performance obligations for its contracts that are one year or less, as the revenue is expected to be recognized within the next year. Furthermore, the Company has elected not to disclose the aggregate amount of the transaction price allocated to remaining performance obligations for its agreements wherein the Company’s right to payment is in an amount that directly corresponds with the value of Company’s performance to date. However, the Company periodically enters into arrangements with customers to provide diagnostic testing and/or pharmaceutical and clinical services that may have terms longer than one year and include multiple performance obligations.
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
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2800000 USD
CY2020Q3 us-gaap Contract With Customer Refund Liability
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2200000 USD
CY2020Q3 us-gaap Revenue Practical Expedient Incremental Cost Of Obtaining Contract
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true
CY2020Q3 us-gaap Capitalized Contract Cost Gross
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0 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
118300000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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118300000 USD
CY2020Q3 mygn Investments And Cash Amortized Cost
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189600000 USD
CY2020Q3 mygn Investments And Cash Accumulated Gross Unrealized Gain Before Tax
InvestmentsAndCashAccumulatedGrossUnrealizedGainBeforeTax
1000000.0 USD
CY2020Q3 mygn Investments And Cash Accumulated Gross Unrealized Loss Before Tax
InvestmentsAndCashAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2020Q3 us-gaap Investments And Cash
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190600000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
163700000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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163700000 USD
CY2020Q2 mygn Investments And Cash Amortized Cost
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253500000 USD
CY2020Q2 mygn Investments And Cash Accumulated Gross Unrealized Gain Before Tax
InvestmentsAndCashAccumulatedGrossUnrealizedGainBeforeTax
1300000 USD
CY2020Q2 mygn Investments And Cash Accumulated Gross Unrealized Loss Before Tax
InvestmentsAndCashAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2020Q2 us-gaap Investments And Cash
InvestmentsAndCash
254800000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis
41800000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
42100000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis
29500000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
30200000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis
0 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue
0 USD
CY2020Q3 us-gaap Fair Value Net Asset Liability
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116400000 USD
CY2020Q2 us-gaap Fair Value Net Asset Liability
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115200000 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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6800000 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
100000 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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1100000 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome
-300000 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
5900000 USD
CY2020Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
32600000 USD
CY2020Q2 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
31800000 USD
CY2020Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
114100000 USD
CY2020Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
112100000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
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146700000 USD
CY2020Q2 us-gaap Property Plant And Equipment Gross
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143900000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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110000000.0 USD
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
106900000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
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36700000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
37000000.0 USD
CY2020Q3 us-gaap Depreciation
Depreciation
2400000 USD
CY2019Q3 us-gaap Depreciation
Depreciation
2900000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
327600000 USD
CY2020Q3 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
700000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
328300000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
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824300000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
238200000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
586100000 USD
CY2020Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4800000 USD
CY2020Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4800000 USD
CY2020Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
829100000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
238200000 USD
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
590900000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
823200000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
222700000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
600500000 USD
CY2020Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4800000 USD
CY2020Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4800000 USD
CY2020Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
828000000.0 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
222700000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
605300000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15300000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15300000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current
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47200000 USD
CY2020Q2 us-gaap Employee Related Liabilities Current
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47400000 USD
CY2020Q3 us-gaap Taxes Payable Current
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3500000 USD
CY2020Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
6100000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
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14700000 USD
CY2020Q2 us-gaap Other Accrued Liabilities Current
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22400000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
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65400000 USD
CY2020Q2 us-gaap Accrued Liabilities Current
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75900000 USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
226700000 USD
CY2020Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
226700000 USD
CY2020Q3 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
2100000 USD
CY2020Q2 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
2300000 USD
CY2020Q3 us-gaap Long Term Debt
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224600000 USD
CY2020Q2 us-gaap Long Term Debt
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224400000 USD
CY2020Q3 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
2600000 USD
CY2020Q2 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
3700000 USD
CY2020Q3 us-gaap Other Sundry Liabilities Noncurrent
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8100000 USD
CY2020Q2 us-gaap Other Sundry Liabilities Noncurrent
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4300000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
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10700000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
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8000000.0 USD
CY2020Q3 us-gaap Preferred Stock Shares Authorized
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5000000.0 shares
CY2020Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q3 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2020Q3 us-gaap Common Stock Shares Authorized
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150000000.0 shares
CY2020Q3 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2020Q3 us-gaap Common Stock Shares Issued
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75200000 shares
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74700000 shares
CY2020Q2 us-gaap Common Stock Shares Issued
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74700000 shares
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
73500000 shares
CY2019Q2 us-gaap Common Stock Shares Outstanding
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73500000 shares
CY2020Q3 mygn Stock Issued During Period Shares Share Based Payment Arrangement And Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesShareBasedPaymentArrangementAndEmployeeStockPurchasePlans
500000 shares
CY2020 mygn Stock Issued During Period Shares Share Based Payment Arrangement And Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesShareBasedPaymentArrangementAndEmployeeStockPurchasePlans
1200000 shares
CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
75200000 shares
CY2020Q3 us-gaap Common Stock Shares Issued
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75200000 shares
CY2020Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
74700000 shares
CY2020Q2 us-gaap Common Stock Shares Outstanding
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74700000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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74700000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73700000 shares
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2019Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74700000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73700000 shares
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7300000 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1700000 shares
CY2020Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
110700000 USD
CY2020Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
0 shares
CY2019Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
0 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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4800000 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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24.47
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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700000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
13.38
CY2020Q3 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2020Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
100000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
16.40
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5400000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.19
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4700000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
24.62
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
5200000 USD
CY2020Q3 us-gaap Share Based Compensation
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8400000 USD
CY2019Q3 us-gaap Share Based Compensation
ShareBasedCompensation
8800000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
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CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
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0.652
CY2019Q3 us-gaap Income Tax Expense Benefit
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-1700000 USD
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.076
CY2020Q3 mygn Income Tax Expense Benefit Cares Act
IncomeTaxExpenseBenefitCARESAct
-20000000.0 USD
CY2020Q3 mygn Unrecognized Tax Benefits Increase Resulting From Cares Act
UnrecognizedTaxBenefitsIncreaseResultingFromCARESAct
14300000 USD
CY2020Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
145200000 USD
CY2020Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
17700000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-39600000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
186300000 USD
CY2019Q3 us-gaap Depreciation And Amortization
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18200000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-20900000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-39600000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-20900000 USD
CY2020Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
400000 USD
CY2019Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
900000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
2900000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
2900000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1600000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
600000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-43700000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-22300000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-28500000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1700000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-15200000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
-20600000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-15200000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-20600000 USD
CY2020Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
1300000 USD
CY2019Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
200000 USD
CY2020Q3 us-gaap Interest Paid Net
InterestPaidNet
2600000 USD
CY2019Q3 us-gaap Interest Paid Net
InterestPaidNet
2800000 USD

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