2019 Q1 Form 10-Q Financial Statement

#000139681419000014 Filed on May 02, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q4 2018 Q1
Revenue $91.31M $95.12M $74.61M
YoY Change 22.39% 20.28% 7.68%
Cost Of Revenue $27.30M $23.98M $22.89M
YoY Change 19.31% 12.6% -6.9%
Gross Profit $64.01M $71.14M $51.72M
YoY Change 23.76% 23.11% 15.7%
Gross Profit Margin 70.1% 74.79% 69.33%
Selling, General & Admin $47.31M $44.60M $44.19M
YoY Change 7.05% 13.78% 4.92%
% of Gross Profit 73.9% 62.7% 85.44%
Research & Development $14.38M $14.20M $14.38M
YoY Change 0.04% 42.0% -13.55%
% of Gross Profit 22.47% 19.96% 27.8%
Depreciation & Amortization $3.600M $4.060M $2.762M
YoY Change 30.34% 10.93% -11.02%
% of Gross Profit 5.62% 5.71% 5.34%
Operating Expenses $90.23M $82.85M $81.54M
YoY Change 10.66% 17.33% -2.15%
Operating Profit $1.079M -$11.72M -$6.937M
YoY Change -115.55% -8.68% -50.63%
Interest Expense $5.814M -$3.800M $5.157M
YoY Change 12.74% 0.0% 99.19%
% of Operating Profit 538.83%
Other Income/Expense, Net -$3.597M -$200.0K -$3.708M
YoY Change -2.99% -35.91%
Pretax Income -$2.518M $8.300M -$10.65M
YoY Change -76.35% 80.43% -46.33%
Income Tax $253.0K $0.00 $35.00K
% Of Pretax Income 0.0%
Net Earnings -$2.771M $8.285M -$10.68M
YoY Change -74.05% 80.3% -46.24%
Net Earnings / Revenue -3.03% 8.71% -14.32%
Basic Earnings Per Share -$0.07 -$0.26
Diluted Earnings Per Share -$0.07 $201.9K -$262.9K
COMMON SHARES
Basic Shares Outstanding 41.24M shares 41.11M shares 40.71M shares
Diluted Shares Outstanding 41.24M shares

Balance Sheet

Concept 2019 Q1 2018 Q4 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $412.4M $383.5M $339.8M
YoY Change 21.37% 23.19% -11.44%
Cash & Equivalents $215.0M $132.5M $41.56M
Short-Term Investments $197.4M $250.9M $298.2M
Other Short-Term Assets $9.400M $7.900M $7.700M
YoY Change 22.08% 17.91% 22.22%
Inventory $47.03M $48.57M $40.04M
Prepaid Expenses
Receivables $39.77M $38.00M $31.20M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $508.7M $478.0M $418.7M
YoY Change 21.48% 22.21% -6.53%
LONG-TERM ASSETS
Property, Plant & Equipment $107.1M $108.7M $109.2M
YoY Change -1.99% 1.52% 6.49%
Goodwill $62.00M $62.04M $57.49M
YoY Change 7.84% 12.4% 17.74%
Intangibles $0.00
YoY Change
Long-Term Investments $14.10M $40.00M $35.80M
YoY Change -60.61% -46.09%
Other Assets $560.0K $657.0K $759.0K
YoY Change -26.22% -20.36% 26.92%
Total Long-Term Assets $210.5M $211.4M $203.3M
YoY Change 3.53% -10.91% 33.75%
TOTAL ASSETS
Total Short-Term Assets $508.7M $478.0M $418.7M
Total Long-Term Assets $210.5M $211.4M $203.3M
Total Assets $719.2M $689.4M $622.0M
YoY Change 15.61% 9.7% 3.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.37M $14.37M $14.91M
YoY Change -10.35% -1.98% 59.11%
Accrued Expenses $39.70M $45.87M $33.02M
YoY Change 20.23% 11.71% -5.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $300.0K $300.0K
YoY Change -100.0% 0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $58.99M $60.66M $48.37M
YoY Change 21.96% 7.91% 5.96%
LONG-TERM LIABILITIES
Long-Term Debt $294.4M $290.6M $279.7M
YoY Change 5.26% 5.21% 5.15%
Other Long-Term Liabilities $8.993M $16.87M $15.46M
YoY Change -41.84% 2.28% 49.66%
Total Long-Term Liabilities $8.993M $16.87M $15.46M
YoY Change -41.84% 2.28% 49.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $58.99M $60.66M $48.37M
Total Long-Term Liabilities $8.993M $16.87M $15.46M
Total Liabilities $391.6M $368.1M $343.5M
YoY Change 14.01% 5.51% 4.31%
SHAREHOLDERS EQUITY
Retained Earnings -$391.2M -$388.2M -$398.5M
YoY Change -1.83% -0.23% 8.75%
Common Stock $41.00K $41.00K $41.00K
YoY Change 0.0% 0.0% 2.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares 0.000 shares 0.000 shares
Shareholders Equity $327.5M $321.2M $278.5M
YoY Change
Total Liabilities & Shareholders Equity $719.2M $689.4M $622.0M
YoY Change 15.61% 9.7% 3.68%

Cashflow Statement

Concept 2019 Q1 2018 Q4 2018 Q1
OPERATING ACTIVITIES
Net Income -$2.771M $8.285M -$10.68M
YoY Change -74.05% 80.3% -46.24%
Depreciation, Depletion And Amortization $3.600M $4.060M $2.762M
YoY Change 30.34% 10.93% -11.02%
Cash From Operating Activities $3.499M $21.22M -$2.690M
YoY Change -230.07% 25.27% -27000.0%
INVESTING ACTIVITIES
Capital Expenditures $2.018M -$2.240M $5.184M
YoY Change -61.07% -55.91% 43.36%
Acquisitions
YoY Change
Other Investing Activities $80.50M -$120.9M -$5.110M
YoY Change -1675.34% -978.14% -96.36%
Cash From Investing Activities $78.48M -$123.2M -$10.29M
YoY Change -862.69% -1517.26% -92.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $530.0K 3.520M $419.0K
YoY Change 26.49% 54.39% -99.81%
NET CHANGE
Cash From Operating Activities $3.499M 21.22M -2.690M
Cash From Investing Activities $78.48M -123.2M -10.29M
Cash From Financing Activities $530.0K 3.520M $419.0K
Net Change In Cash $82.51M -98.42M $419.0K
YoY Change 19592.12% -452.63% -99.81%
FREE CASH FLOW
Cash From Operating Activities $3.499M $21.22M -$2.690M
Capital Expenditures $2.018M -$2.240M $5.184M
Free Cash Flow $1.481M $23.46M -$7.874M
YoY Change -118.81% 6.54% 118.36%

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-7623000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-51000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-109000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3499000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2689000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2018000 USD
CY2019Q1 pcrx Payment Of Contingent Consideration
PaymentOfContingentConsideration
0 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5184000 USD
CY2019Q1 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
22688000 USD
CY2018Q1 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
130580000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
103187000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
127764000 USD
CY2018Q1 pcrx Payment Of Contingent Consideration
PaymentOfContingentConsideration
2293000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
78481000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-10293000 USD
CY2019Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1101000 USD
CY2018Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
419000 USD
CY2019Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
338000 USD
CY2018Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2019Q1 pcrx Conversionofprincipalandequitycomponentofconvertibleseniornotes
Conversionofprincipalandequitycomponentofconvertibleseniornotes
233000 USD
CY2018Q1 pcrx Conversionofprincipalandequitycomponentofconvertibleseniornotes
Conversionofprincipalandequitycomponentofconvertibleseniornotes
0 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
530000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
419000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
82510000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-12563000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
132526000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
54126000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
215036000 USD
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
41563000 USD
CY2019Q1 us-gaap Interest Paid
InterestPaid
5000 USD
CY2018Q1 us-gaap Interest Paid
InterestPaid
4102000 USD
CY2019Q1 pcrx Increase Decreasein Accrued Fixed Assets
IncreaseDecreaseinAccruedFixedAssets
37000 USD
CY2018Q1 pcrx Increase Decreasein Accrued Fixed Assets
IncreaseDecreaseinAccruedFixedAssets
233000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
90906000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
74287000 USD
CY2019Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
19978000 USD
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
19193000 USD
CY2019Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
11141000 USD
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
9711000 USD
CY2019Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
15909000 USD
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
19665000 USD
CY2019Q1 us-gaap Inventory Net
InventoryNet
47028000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
48569000 USD
CY2019Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
172209000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
170228000 USD
CY2019Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
65158000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
61558000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
107051000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
108670000 USD
CY2019Q1 us-gaap Depreciation
Depreciation
3600000 USD
CY2018Q1 us-gaap Depreciation
Depreciation
2800000 USD
CY2019Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 USD
CY2019Q1 pcrx Foreign Property Plantand Equipment Net
ForeignPropertyPlantandEquipmentNet
63400000 USD
CY2018Q4 pcrx Foreign Property Plantand Equipment Net
ForeignPropertyPlantandEquipmentNet
64600000 USD
CY2019Q1 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P4Y
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1443000 USD
CY2018Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1490000 USD
CY2019Q1 us-gaap Variable Lease Cost
VariableLeaseCost
381000 USD
CY2018Q1 us-gaap Variable Lease Cost
VariableLeaseCost
402000 USD
CY2019Q1 us-gaap Lease Cost
LeaseCost
1824000 USD
CY2018Q1 us-gaap Lease Cost
LeaseCost
1892000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
2050000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
34780000 USD
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y7M2D
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0810
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
6090000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7700000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5539000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5671000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
5806000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
14788000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
45594000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
10714000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
34880000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
8140000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
7621000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
5295000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
5417000 USD
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
5543000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
14329000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
46345000 USD
CY2019Q1 us-gaap Goodwill
Goodwill
62000000.0 USD
CY2019Q1 pcrx Settlement Period Convertible Debt Conversion Request
SettlementPeriodConvertibleDebtConversionRequest
P40D
CY2019Q1 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
300000 USD
CY2019Q1 pcrx Repaymentof Conversion Premium
RepaymentofConversionPremium
200000 USD
CY2019Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0781
CY2018Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0781
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 us-gaap Share Price
SharePrice
38.06
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 pcrx Number Of Major Customers
NumberOfMajorCustomers
3 customer
CY2017 pcrx Number Of Major Customers
NumberOfMajorCustomers
3 customer
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7434000 USD
CY2018Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8385000 USD
CY2019Q1 pcrx Compensationexpensefromstockoptionsemployees
Compensationexpensefromstockoptionsemployees
4930000 USD
CY2018Q1 pcrx Compensationexpensefromstockoptionsemployees
Compensationexpensefromstockoptionsemployees
6356000 USD
CY2019Q1 pcrx Compensationexpensefromstockoptionsnonemployeeawards
Compensationexpensefromstockoptionsnonemployeeawards
191000 USD
CY2018Q1 pcrx Compensationexpensefromstockoptionsnonemployeeawards
Compensationexpensefromstockoptionsnonemployeeawards
38000 USD
CY2019Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
2107000 USD
CY2018Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
1790000 USD
CY2019Q1 pcrx Compensationexpensefromemployeestockpurchaseplan
Compensationexpensefromemployeestockpurchaseplan
206000 USD
CY2018Q1 pcrx Compensationexpensefromemployeestockpurchaseplan
Compensationexpensefromemployeestockpurchaseplan
201000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
7434000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
8385000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
19.38
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.85
CY2019Q1 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
0 shares
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-2771000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-10680000 USD
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41240000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40707000 shares
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.26
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6388000 shares
CY2018Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5558000 shares
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1819000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-9813000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-4337000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-832000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2518000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10645000 USD
CY2019Q1 pcrx Income Tax Provision
IncomeTaxProvision
300000 USD
CY2018Q1 pcrx Income Tax Provision
IncomeTaxProvision
100000 USD
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 us-gaap Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
100000 USD
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2018Q4 pcrx Discontinued Operations Residual Lease Costs
DiscontinuedOperationsResidualLeaseCosts
1970000 USD
CY2018Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
282000 USD
CY2018Q4 us-gaap Discontinued Operation Amounts Of Material Contingent Liabilities Remaining
DiscontinuedOperationAmountsOfMaterialContingentLiabilitiesRemaining
2252000 USD
CY2019Q1 pcrx Discontinued Operations Remaining Lease Costs
DiscontinuedOperationsRemainingLeaseCosts
0 USD
CY2019Q1 us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
11000 USD
CY2019Q1 pcrx Discontinued Operations Payments For Lease Costs
DiscontinuedOperationsPaymentsForLeaseCosts
0 USD
CY2019Q1 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
71000 USD
CY2019Q1 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
71000 USD
CY2019Q1 pcrx Lease Cost Reclassification
LeaseCostReclassification
-1970000 USD
CY2019Q1 pcrx Asset Retirement Obligation Reclassification
AssetRetirementObligationReclassification
455000 USD
CY2019Q1 us-gaap Business Exit Costs1
BusinessExitCosts1
-1515000 USD
CY2019Q1 pcrx Discontinued Operations Residual Lease Costs
DiscontinuedOperationsResidualLeaseCosts
0 USD
CY2019Q1 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
677000 USD
CY2019Q1 us-gaap Discontinued Operation Amounts Of Material Contingent Liabilities Remaining
DiscontinuedOperationAmountsOfMaterialContingentLiabilitiesRemaining
677000 USD

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