2020 Q4 Form 10-Q Financial Statement

#000139681420000045 Filed on October 30, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q4
Revenue $131.0M $117.5M $122.4M
YoY Change 6.98% 12.23% 28.71%
Cost Of Revenue $35.30M $29.99M $31.90M
YoY Change 10.64% 34.47% 33.05%
Gross Profit $95.68M $87.49M $90.52M
YoY Change 5.7% 6.2% 27.25%
Gross Profit Margin 73.05% 74.47% 73.94%
Selling, General & Admin $52.80M $52.56M $54.20M
YoY Change -2.58% 4.85% 21.52%
% of Gross Profit 55.19% 60.08% 59.88%
Research & Development $15.30M $14.65M $19.70M
YoY Change -22.34% -27.67% 38.73%
% of Gross Profit 15.99% 16.75% 21.76%
Depreciation & Amortization $5.060M $3.100M $5.090M
YoY Change -0.59% -13.89% 25.37%
% of Gross Profit 5.29% 3.54% 5.62%
Operating Expenses $70.10M $67.21M $120.7M
YoY Change -41.93% -34.28% 45.69%
Operating Profit $25.58M $17.62M -$30.19M
YoY Change -184.71% 630.21% 157.69%
Interest Expense -$6.400M $7.132M -$4.300M
YoY Change 48.84% 20.07% 13.16%
% of Operating Profit -25.02% 40.48%
Other Income/Expense, Net $300.0K -$11.47M -$900.0K
YoY Change -133.33% 39.39% 350.0%
Pretax Income $12.70M $6.150M -$3.500M
YoY Change -462.86% -205.74% -142.17%
Income Tax -$1.800M -$124.0M $1.300M
% Of Pretax Income -14.17% -2016.26%
Net Earnings $14.51M $130.1M -$4.888M
YoY Change -396.93% -2237.65% -159.0%
Net Earnings / Revenue 11.08% 110.75% -3.99%
Basic Earnings Per Share $0.33 $3.03 -$0.12
Diluted Earnings Per Share $0.32 $2.94 -$0.12
COMMON SHARES
Basic Shares Outstanding 43.44M shares 42.93M shares 41.73M shares
Diluted Shares Outstanding 44.28M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $521.7M $532.1M $292.0M
YoY Change 78.66% 100.34% -23.86%
Cash & Equivalents $99.96M $125.2M $78.23M
Short-Term Investments $421.7M $406.9M $213.7M
Other Short-Term Assets $12.30M $11.70M $10.80M
YoY Change 13.89% 12.5% 36.71%
Inventory $64.65M $68.54M $58.30M
Prepaid Expenses
Receivables $53.05M $46.14M $47.53M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $651.6M $658.5M $408.6M
YoY Change 59.49% 73.82% -14.52%
LONG-TERM ASSETS
Property, Plant & Equipment $136.7M $125.5M $104.7M
YoY Change 30.58% 19.71% -3.67%
Goodwill $99.55M $99.50M $99.55M
YoY Change 0.0% -0.05% 60.46%
Intangibles $96.52M $98.49M $104.4M
YoY Change -7.54% -7.4%
Long-Term Investments $109.5M $12.80M $10.00M
YoY Change 995.0% -84.41% -75.0%
Other Assets $106.2M $104.1M
YoY Change
Total Long-Term Assets $622.9M $561.7M $422.5M
YoY Change 47.43% 31.05% 99.88%
TOTAL ASSETS
Total Short-Term Assets $651.6M $658.5M $408.6M
Total Long-Term Assets $622.9M $561.7M $422.5M
Total Assets $1.275B $1.220B $831.1M
YoY Change 53.36% 51.12% 20.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.43M $13.01M $12.80M
YoY Change -18.5% -19.02% -10.92%
Accrued Expenses $70.97M $60.40M $70.43M
YoY Change 0.78% -0.98% 53.55%
Deferred Revenue
YoY Change
Short-Term Debt $149.6M $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $149.6M
YoY Change
Total Short-Term Liabilities $253.3M $86.27M $107.7M
YoY Change 135.28% -9.98% 77.5%
LONG-TERM LIABILITIES
Long-Term Debt $313.0M $456.5M $306.0M
YoY Change 2.29% 51.11% 5.3%
Other Long-Term Liabilities $3.832M $4.219M $1.502M
YoY Change 155.13% 81.85% -91.1%
Total Long-Term Liabilities $3.832M $4.219M $1.502M
YoY Change 155.13% 81.85% -91.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $253.3M $86.27M $107.7M
Total Long-Term Liabilities $3.832M $4.219M $1.502M
Total Liabilities $654.8M $635.6M $476.1M
YoY Change 37.53% 37.77% 29.34%
SHAREHOLDERS EQUITY
Retained Earnings -$253.9M -$268.4M -$399.4M
YoY Change -36.44% -31.97% 2.88%
Common Stock $44.00K $43.00K $42.00K
YoY Change 4.76% 2.38% 2.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $619.7M $584.7M $354.9M
YoY Change
Total Liabilities & Shareholders Equity $1.275B $1.220B $831.1M
YoY Change 53.36% 51.12% 20.56%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q4
OPERATING ACTIVITIES
Net Income $14.51M $130.1M -$4.888M
YoY Change -396.93% -2237.65% -159.0%
Depreciation, Depletion And Amortization $5.060M $3.100M $5.090M
YoY Change -0.59% -13.89% 25.37%
Cash From Operating Activities $46.66M $39.79M $25.90M
YoY Change 80.15% 116.72% 22.05%
INVESTING ACTIVITIES
Capital Expenditures -$14.41M -$7.760M -$4.500M
YoY Change 220.22% 388.05% 100.89%
Acquisitions
YoY Change
Other Investing Activities -$67.91M -$195.1M -$26.30M
YoY Change 158.21% -2802.08% -78.25%
Cash From Investing Activities -$82.32M -$202.9M -$30.80M
YoY Change 167.27% -3703.02% -74.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.36M 209.8M -2.020M
YoY Change -612.87% 14671.83% -157.39%
NET CHANGE
Cash From Operating Activities 46.66M 39.79M 25.90M
Cash From Investing Activities -82.32M -202.9M -30.80M
Cash From Financing Activities 10.36M 209.8M -2.020M
Net Change In Cash -25.30M 46.70M -6.920M
YoY Change 265.61% 83.79% -92.97%
FREE CASH FLOW
Cash From Operating Activities $46.66M $39.79M $25.90M
Capital Expenditures -$14.41M -$7.760M -$4.500M
Free Cash Flow $61.07M $47.55M $30.40M
YoY Change 100.89% 138.35% 29.58%

Facts In Submission

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pcrx Deferred Tax Expense Associated To The Equity Component Of Convertible Debt
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20500000 USD
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