2013 Q4 Form 10-Q Financial Statement

#000144530513002604 Filed on October 31, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $33.56M $23.26M $8.486M
YoY Change 221.19% 174.09% 114.51%
Cost Of Revenue $18.38M $14.79M $9.287M
YoY Change 89.99% 59.27% 176.65%
Gross Profit $15.19M $8.468M -$801.0K
YoY Change 1852.19% -1157.18% -233.72%
Gross Profit Margin 45.25% 36.41% -9.44%
Selling, General & Admin $20.20M $15.32M $11.38M
YoY Change 50.75% 34.65% 128.84%
% of Gross Profit 133.0% 180.92%
Research & Development $4.800M $5.962M $3.527M
YoY Change 50.0% 69.04% -19.11%
% of Gross Profit 31.6% 70.41%
Depreciation & Amortization $1.700M $800.0K $900.0K
YoY Change 17.24% -11.11% 125.0%
% of Gross Profit 11.19% 9.45%
Operating Expenses $43.38M $36.07M $24.19M
YoY Change 65.09% 49.11% 90.65%
Operating Profit -$28.20M -$12.81M -$15.71M
YoY Change 10.57% -18.41% 79.85%
Interest Expense -$1.900M $1.892M $456.0K
YoY Change 533.33% 314.91% -49.89%
% of Operating Profit
Other Income/Expense, Net -$300.0K -$1.970M -$39.00K
YoY Change 50.0% 4951.28% -94.97%
Pretax Income -$12.00M -$14.78M -$15.75M
YoY Change -26.38% -6.1% 65.74%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$11.96M -$14.78M -$15.75M
YoY Change -26.86% -6.1% 65.6%
Net Earnings / Revenue -35.62% -63.56% -185.54%
Basic Earnings Per Share -$0.36 -$0.44 -$0.49
Diluted Earnings Per Share -$0.36 -$0.44 -$0.49
COMMON SHARES
Basic Shares Outstanding 33.54M shares 33.36M shares 32.44M shares
Diluted Shares Outstanding 33.36M shares 32.44M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $72.20M $81.80M $66.90M
YoY Change 75.67% 22.27% 80.32%
Cash & Equivalents $12.52M $3.383M $8.709M
Short-Term Investments $59.60M $78.50M $58.20M
Other Short-Term Assets $4.400M $4.500M $3.800M
YoY Change 29.41% 18.42% 18.75%
Inventory $15.56M $15.61M $11.91M
Prepaid Expenses
Receivables $14.59M $9.771M $2.459M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $106.8M $111.7M $85.13M
YoY Change 75.23% 31.2% 96.15%
LONG-TERM ASSETS
Property, Plant & Equipment $48.18M $45.94M $35.32M
YoY Change 23.18% 30.08% 36.9%
Goodwill $10.33M $9.539M $8.109M
YoY Change 24.48% 17.63%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.402M $3.557M $548.0K
YoY Change 565.75% 549.09% -54.33%
Total Long-Term Assets $63.07M $60.71M $47.70M
YoY Change 23.35% 27.28% 39.43%
TOTAL ASSETS
Total Short-Term Assets $106.8M $111.7M $85.13M
Total Long-Term Assets $63.07M $60.71M $47.70M
Total Assets $169.8M $172.4M $132.8M
YoY Change 51.55% 29.79% 71.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.069M $1.559M $4.789M
YoY Change 19.46% -67.45% 11.37%
Accrued Expenses $17.89M $15.57M $13.04M
YoY Change 82.65% 19.46% 160.72%
Deferred Revenue
YoY Change
Short-Term Debt $99.00M $97.90M $0.00
YoY Change
Long-Term Debt Due $120.0M $900.0K $800.0K
YoY Change 12.5% -87.1%
Total Short-Term Liabilities $121.9M $117.0M $19.83M
YoY Change 761.42% 489.93% 11.21%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $24.93M
YoY Change -100.0% -100.0% 11.29%
Other Long-Term Liabilities $3.190M $2.911M $2.399M
YoY Change 40.22% 21.34% -89.79%
Total Long-Term Liabilities $3.190M $2.911M $27.33M
YoY Change -88.39% -89.35% -40.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $121.9M $117.0M $19.83M
Total Long-Term Liabilities $3.190M $2.911M $27.33M
Total Liabilities $128.6M $123.3M $52.38M
YoY Change 178.3% 135.35% -17.81%
SHAREHOLDERS EQUITY
Retained Earnings -$296.4M -$284.5M -$216.2M
YoY Change 27.49% 31.59%
Common Stock $34.00K $34.00K $32.00K
YoY Change 3.03% 6.25%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $2.000K $2.000K
YoY Change -100.0% 0.0%
Treasury Stock Shares 0.000 shares 1.065K shares 1.065K shares
Shareholders Equity $41.25M $49.12M $80.45M
YoY Change
Total Liabilities & Shareholders Equity $169.8M $172.4M $132.8M
YoY Change 51.55% 29.79% 71.17%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$11.96M -$14.78M -$15.75M
YoY Change -26.86% -6.1% 65.6%
Depreciation, Depletion And Amortization $1.700M $800.0K $900.0K
YoY Change 17.24% -11.11% 125.0%
Cash From Operating Activities -$6.900M -$9.840M -$11.18M
YoY Change -67.42% -11.99% 31.68%
INVESTING ACTIVITIES
Capital Expenditures -$2.800M -$4.700M -$6.260M
YoY Change -40.8% -24.92% 281.71%
Acquisitions
YoY Change
Other Investing Activities $18.02M $8.310M $4.450M
YoY Change -33.48% 86.74% -589.01%
Cash From Investing Activities $15.22M $3.610M -$1.810M
YoY Change -31.93% -299.45% -29.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 820.0K 980.0K 250.0K
YoY Change 241.67% 292.0% 2400.0%
NET CHANGE
Cash From Operating Activities -6.900M -9.840M -11.18M
Cash From Investing Activities 15.22M 3.610M -1.810M
Cash From Financing Activities 820.0K 980.0K 250.0K
Net Change In Cash 9.140M -5.250M -12.74M
YoY Change 543.66% -58.79% 15.29%
FREE CASH FLOW
Cash From Operating Activities -$6.900M -$9.840M -$11.18M
Capital Expenditures -$2.800M -$4.700M -$6.260M
Free Cash Flow -$4.100M -$5.140M -$4.920M
YoY Change -75.08% 4.47% -28.18%

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dei Amendment Flag
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false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001396814
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
33539162 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Pacira Pharmaceuticals, Inc.

Files In Submission

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