2022 Q1 Form 10-Q Financial Statement

#000139681422000033 Filed on May 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $158.0M $119.0M
YoY Change 32.74% 12.63%
Cost Of Revenue $36.07M $31.35M
YoY Change 15.07% 5.44%
Gross Profit $121.9M $87.68M
YoY Change 39.05% 15.44%
Gross Profit Margin 77.17% 73.66%
Selling, General & Admin $64.26M $48.52M
YoY Change 32.43% 8.36%
% of Gross Profit 52.71% 55.34%
Research & Development $21.61M $15.88M
YoY Change 36.06% 0.38%
% of Gross Profit 17.72% 18.11%
Depreciation & Amortization $20.03M $4.851M
YoY Change 312.97% 0.62%
% of Gross Profit 16.43% 5.53%
Operating Expenses $85.87M $64.40M
YoY Change 33.33% 6.27%
Operating Profit $17.39M $19.44M
YoY Change -10.52% 13.71%
Interest Expense $10.25M $6.971M
YoY Change 46.98% 15.76%
% of Operating Profit 58.91% 35.86%
Other Income/Expense, Net -$10.10M -$6.713M
YoY Change 50.44% -21.37%
Pretax Income $7.294M $12.72M
YoY Change -42.68% 48.7%
Income Tax $500.0K $2.400M
% Of Pretax Income 6.85% 18.86%
Net Earnings $6.828M $10.37M
YoY Change -34.15% 27.09%
Net Earnings / Revenue 4.32% 8.71%
Basic Earnings Per Share $0.15 $0.24
Diluted Earnings Per Share $0.15 $0.23
COMMON SHARES
Basic Shares Outstanding 44.87M shares 43.83M shares
Diluted Shares Outstanding 46.44M shares 45.97M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $452.2M $590.1M
YoY Change -23.37% 85.27%
Cash & Equivalents $226.8M $66.70M
Short-Term Investments $225.4M $523.4M
Other Short-Term Assets $19.06M $13.00M
YoY Change 46.61% -10.34%
Inventory $103.7M $64.61M
Prepaid Expenses
Receivables $92.10M $52.58M
Other Receivables $0.00 $0.00
Total Short-Term Assets $667.0M $720.2M
YoY Change -7.39% 66.88%
LONG-TERM ASSETS
Property, Plant & Equipment $189.8M $144.8M
YoY Change 31.03% 33.96%
Goodwill $145.7M $99.50M
YoY Change 46.43% 0.0%
Intangibles $609.6M $94.55M
YoY Change 544.76% -7.68%
Long-Term Investments $35.77M $51.00M
YoY Change -29.86% 21.14%
Other Assets $169.3M $104.5M
YoY Change 61.99%
Total Long-Term Assets $1.224B $567.3M
YoY Change 115.84% 45.54%
TOTAL ASSETS
Total Short-Term Assets $667.0M $720.2M
Total Long-Term Assets $1.224B $567.3M
Total Assets $1.891B $1.288B
YoY Change 46.91% 56.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.84M $9.110M
YoY Change 62.93% -42.52%
Accrued Expenses $87.67M $50.24M
YoY Change 74.5% 12.35%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $193.7M $151.6M
YoY Change 27.76%
Total Short-Term Liabilities $305.1M $232.1M
YoY Change 31.45% 188.97%
LONG-TERM LIABILITIES
Long-Term Debt $729.7M $317.3M
YoY Change 129.99% 2.32%
Other Long-Term Liabilities $10.72M $5.288M
YoY Change 102.76% 244.5%
Total Long-Term Liabilities $10.72M $5.288M
YoY Change 102.76% 244.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $305.1M $232.1M
Total Long-Term Liabilities $10.72M $5.288M
Total Liabilities $1.182B $636.7M
YoY Change 85.62% 42.34%
SHAREHOLDERS EQUITY
Retained Earnings -$157.8M -$243.5M
YoY Change -35.18% -37.76%
Common Stock $45.00K $44.00K
YoY Change 2.27% 4.76%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $709.6M $650.8M
YoY Change
Total Liabilities & Shareholders Equity $1.891B $1.288B
YoY Change 46.91% 56.75%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $6.828M $10.37M
YoY Change -34.15% 27.09%
Depreciation, Depletion And Amortization $20.03M $4.851M
YoY Change 312.97% 0.62%
Cash From Operating Activities $30.78M $12.08M
YoY Change 154.76% 94.6%
INVESTING ACTIVITIES
Capital Expenditures $7.668M $13.07M
YoY Change -41.34% 94.42%
Acquisitions
YoY Change
Other Investing Activities -$200.4M -$42.59M
YoY Change 370.42% 95.01%
Cash From Investing Activities -$208.0M -$55.66M
YoY Change 273.7% 94.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$181.6M $10.33M
YoY Change -1858.69% -906.01%
NET CHANGE
Cash From Operating Activities $30.78M $12.08M
Cash From Investing Activities -$208.0M -$55.66M
Cash From Financing Activities -$181.6M $10.33M
Net Change In Cash -$358.8M -$33.26M
YoY Change 978.92% 40.69%
FREE CASH FLOW
Cash From Operating Activities $30.78M $12.08M
Capital Expenditures $7.668M $13.07M
Free Cash Flow $23.11M -$992.0K
YoY Change -2429.54% 92.25%

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CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
11189000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
10110000 USD
CY2022Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-1071000 USD
CY2021Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
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CY2022Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
18000 USD
CY2021Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
155000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4215000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-462000 USD
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5112000 USD
CY2021Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-43000 USD
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4260000 USD
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-254000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6105000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1351000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-9161000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-18027000 USD
CY2022Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
-70000 USD
CY2021Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
1701000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
30777000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12081000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7668000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13073000 USD
CY2022Q1 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
155601000 USD
CY2021Q1 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
186653000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
0 USD
CY2021Q1 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
145282000 USD
pcrx Business Combination Provisional Information Initial Accounting Incomplete Adjustment Accrued Expenses
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAccruedExpenses
547000 USD
CY2022Q1 pcrx Payment Of Contingent Consideration
PaymentOfContingentConsideration
32000000 USD
CY2021Q1 pcrx Payment Of Contingent Consideration
PaymentOfContingentConsideration
0 USD
CY2022Q1 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
12750000 USD
CY2021Q1 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
1220000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-208019000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-55664000 USD
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11024000 USD
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10325000 USD
CY2022Q1 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
192609000 USD
CY2021Q1 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-181585000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10325000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-358827000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-33258000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
585578000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
99957000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
9967000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
1686000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
226751000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
66699000 USD
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1000 USD
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6244000 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7033000 USD
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
pcrx Business Combination Provisional Information Initial Accounting Incomplete Adjustment Liabilities
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLiabilities
547000 USD
pcrx Business Combination Provisional Information Initial Accounting Incomplete Adjustment Assets
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAssets
0 USD
CY2022Q1 pcrx Lessee Operating Lease Lease Not Yet Commenced Number Of Contracts
LesseeOperatingLeaseLeaseNotYetCommencedNumberOfContracts
1 segment
CY2022Q1 pcrx Lessee Operating Lease Lease Not Yet Commenced Liability Remainder Of Fiscal Year
LesseeOperatingLeaseLeaseNotYetCommencedLiabilityRemainderOfFiscalYear
239000 USD
pcrx Business Combination Provisional Information Initial Accounting Incomplete Adjustment Net Assets
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentNetAssets
-547000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
547000 USD
us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Consideration Transferred
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred
0 USD
CY2022Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
35297000 USD
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
36337000 USD
CY2022Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
33995000 USD
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
35182000 USD
CY2022Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
34370000 USD
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
27031000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
103662000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
98550000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
280488000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
273641000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
90721000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
85240000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
189767000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
188401000 USD
CY2022Q1 us-gaap Depreciation
Depreciation
5700000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
2900000 USD
CY2022Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
3000000 USD
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2400000 USD
CY2022Q1 pcrx Number Of Leases
NumberOfLeases
2 lease
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
3527000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
2922000 USD
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
472000 USD
CY2021Q1 us-gaap Variable Lease Cost
VariableLeaseCost
478000 USD
CY2022Q1 us-gaap Lease Cost
LeaseCost
3999000 USD
CY2021Q1 us-gaap Lease Cost
LeaseCost
3400000 USD
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
3279000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4600000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
16000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y6M18D
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y11M12D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0695
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0689
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
9867000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13304000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
13435000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
12575000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
12310000 USD
CY2022Q1 pcrx Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
39423000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
100914000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
23186000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
77728000 USD
CY2022Q1 pcrx Lessee Operating Lease Lease Not Yet Commenced Liability Due Year One
LesseeOperatingLeaseLeaseNotYetCommencedLiabilityDueYearOne
410000 USD
CY2022Q1 pcrx Lessee Operating Lease Lease Not Yet Commenced Liability Due Year Two
LesseeOperatingLeaseLeaseNotYetCommencedLiabilityDueYearTwo
416000 USD
CY2022Q1 pcrx Lessee Operating Lease Lease Not Yet Commenced Liability Due Year Three
LesseeOperatingLeaseLeaseNotYetCommencedLiabilityDueYearThree
419000 USD
CY2022Q1 pcrx Lessee Operating Lease Lease Not Yet Commenced Liability Due Year Four
LesseeOperatingLeaseLeaseNotYetCommencedLiabilityDueYearFour
425000 USD
CY2022Q1 pcrx Lessee Operating Lease Lease Not Yet Commenced Liability Due After Year Four
LesseeOperatingLeaseLeaseNotYetCommencedLiabilityDueAfterYearFour
179000 USD
CY2022Q1 pcrx Lessee Operating Lease Lease Not Yet Commenced Liability
LesseeOperatingLeaseLeaseNotYetCommencedLiability
2088000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
145700000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
145200000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
590090000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
41444000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
548646000 USD
CY2022Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
651090000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
41444000 USD
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
609646000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
590090000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27122000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
562968000 USD
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
651090000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27122000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
623968000 USD
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14300000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2000000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
43000000 USD
CY2022Q1 pcrx Finite Lived Intangible Assets Amortization Expense Annual Amount Period12023 Through2029
FiniteLivedIntangibleAssetsAmortizationExpenseAnnualAmountPeriod12023Through2029
57300000 USD
CY2022Q1 pcrx Finite Lived Intangible Assets Amortization Expense Annual Amount Period2
FiniteLivedIntangibleAssetsAmortizationExpenseAnnualAmountPeriod2
57300000 USD
CY2022Q1 pcrx Finite Lived Intangible Assets Amortization Expense Annual Amount Period3
FiniteLivedIntangibleAssetsAmortizationExpenseAnnualAmountPeriod3
37400000 USD
CY2022Q1 pcrx Finite Lived Intangible Assets Amortization Expense Annual Amount Period4
FiniteLivedIntangibleAssetsAmortizationExpenseAnnualAmountPeriod4
7900000 USD
CY2022Q1 pcrx Finite Lived Intangible Assets Amortization Expense Annual Amount Period5
FiniteLivedIntangibleAssetsAmortizationExpenseAnnualAmountPeriod5
2200000 USD
CY2022Q1 pcrx Settlement Period Convertible Debt Conversion Request
SettlementPeriodConvertibleDebtConversionRequest
P40D
CY2022Q1 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
9130000 USD
CY2021Q1 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
1705000 USD
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1179000 USD
CY2021Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
651000 USD
CY2022Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
706000 USD
CY2021Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
5657000 USD
CY2022Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
824000 USD
CY2021Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1042000 USD
CY2022Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
10191000 USD
CY2021Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
6971000 USD
CY2022Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0558
CY2021Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0670
CY2022Q1 us-gaap Share Price
SharePrice
76.32
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
18259000 USD
CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
12750000 USD
CY2022Q1 pcrx Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Foreign Currency Gain Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetForeignCurrencyGainLoss
-18000 USD
CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
30991000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
226413000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
970000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
225443000 USD
CY2022Q1 us-gaap Interest Receivable
InterestReceivable
400000 USD
CY2021Q4 us-gaap Interest Receivable
InterestReceivable
100000 USD
CY2022Q1 pcrx Number Of Major Customers
NumberOfMajorCustomers
3 customer
CY2021 pcrx Number Of Major Customers
NumberOfMajorCustomers
4 segment
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11189000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10110000 USD
CY2022Q1 pcrx Compensationexpensefromstockoptionsemployees
Compensationexpensefromstockoptionsemployees
6785000 USD
CY2021Q1 pcrx Compensationexpensefromstockoptionsemployees
Compensationexpensefromstockoptionsemployees
6496000 USD
CY2022Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
4113000 USD
CY2021Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
3392000 USD
CY2022Q1 pcrx Compensation Expense From Employee Stock Purchase Plan
CompensationExpenseFromEmployeeStockPurchasePlan
291000 USD
CY2021Q1 pcrx Compensation Expense From Employee Stock Purchase Plan
CompensationExpenseFromEmployeeStockPurchasePlan
222000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
11189000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
10110000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6050540 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
49.32
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
120200 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
62.24
CY2022Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
323201 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
34.28
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
33535 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
52.56
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
13054 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
85.48
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5800950 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
50.33
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
27.71
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.85
CY2022Q1 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
0 shares
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
6828000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
10369000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44869000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43833000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
152000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46438000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45966000 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9779000 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
892000 shares
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
6582000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
15933000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
712000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-3209000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7294000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
12724000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
500000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2400000 USD
CY2022Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
3115000 USD
CY2021Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
0 USD
CY2022Q1 pcrx Business Combination Acquisition And Integration Related Costs
BusinessCombinationAcquisitionAndIntegrationRelatedCosts
5408000 USD
CY2021Q1 pcrx Business Combination Acquisition And Integration Related Costs
BusinessCombinationAcquisitionAndIntegrationRelatedCosts
0 USD
CY2022Q1 pcrx Acquisition Related Charges Product Discontinuation And Other
AcquisitionRelatedChargesProductDiscontinuationAndOther
4337000 USD
CY2021Q1 pcrx Acquisition Related Charges Product Discontinuation And Other
AcquisitionRelatedChargesProductDiscontinuationAndOther
1873000 USD

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