2020 Q4 Form 10-Q Financial Statement

#000180276820000010 Filed on November 12, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q4
Revenue $572.1M $538.4M $457.5M
YoY Change 25.05% 15.97%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $50.10M $50.70M $23.10M
YoY Change 116.88% 98.05%
% of Gross Profit
Research & Development $7.800M $5.096M $15.90M
YoY Change -50.94% -77.55%
% of Gross Profit
Depreciation & Amortization $5.800M $5.800M $5.800M
YoY Change 0.0% 0.0%
% of Gross Profit
Operating Expenses $258.1M $5.096M -$874.4M
YoY Change -129.52% -77.55%
Operating Profit $510.6M
YoY Change -4.12%
Interest Expense $56.40M $31.44M $114.5M
YoY Change -50.74% -54.29%
% of Operating Profit 6.16%
Other Income/Expense, Net $1.600M $113.7M $100.0K
YoY Change 1500.0% -222.94%
Pretax Income $366.6M $624.3M $1.447B
YoY Change -74.66% 41.87%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0% 0.0%
Net Earnings $171.1M $290.6M $1.420B
YoY Change -87.95% -28.94%
Net Earnings / Revenue 29.91% 53.98% 310.47%
Basic Earnings Per Share $0.79
Diluted Earnings Per Share $429.3K $0.79 $2.39
COMMON SHARES
Basic Shares Outstanding 388.1M shares 370.0M shares
Diluted Shares Outstanding 370.0M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.079B $1.596B $246.2M
YoY Change 338.13%
Cash & Equivalents $1.009B $1.553B $246.2M
Short-Term Investments $69.98M $43.50M $0.00
Other Short-Term Assets $8.596M $14.40M $92.00K
YoY Change 9243.48%
Inventory
Prepaid Expenses
Receivables $33.00M $32.00M
Other Receivables $6.000M $5.000M
Total Short-Term Assets $2.697B $2.784B $832.1M
YoY Change 224.12%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $454.9M $439.8M $124.1M
YoY Change 266.7%
Other Assets $9.997M $4.891M $45.60M
YoY Change -78.08%
Total Long-Term Assets $13.32B $13.21B $11.62B
YoY Change 14.68%
TOTAL ASSETS
Total Short-Term Assets $2.697B $2.784B $832.1M
Total Long-Term Assets $13.32B $13.21B $11.62B
Total Assets $16.02B $15.99B $12.45B
YoY Change 28.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.00M $24.00M
YoY Change
Accrued Expenses $152.0M $110.0M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $282.0M
YoY Change -100.0%
Total Short-Term Liabilities $307.9M $270.0M $333.4M
YoY Change -7.66%
LONG-TERM LIABILITIES
Long-Term Debt $5.817B $5.812B $5.956B
YoY Change -2.34%
Other Long-Term Liabilities $0.00 $110.0M $0.00
YoY Change
Total Long-Term Liabilities $5.817B $5.922B $5.956B
YoY Change -2.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $307.9M $270.0M $333.4M
Total Long-Term Liabilities $5.817B $5.922B $5.956B
Total Liabilities $6.124B $6.192B $6.308B
YoY Change -2.92%
SHAREHOLDERS EQUITY
Retained Earnings $1.921B $1.807B $2.825B
YoY Change -32.02%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.317M $2.155M $4.266M
YoY Change -45.69%
Treasury Stock Shares
Shareholders Equity $4.819B $4.452B
YoY Change
Total Liabilities & Shareholders Equity $16.02B $15.99B $12.45B
YoY Change 28.68%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q4
OPERATING ACTIVITIES
Net Income $171.1M $290.6M $1.420B
YoY Change -87.95% -28.94%
Depreciation, Depletion And Amortization $5.800M $5.800M $5.800M
YoY Change 0.0% 0.0%
Cash From Operating Activities $565.6M $508.9M $897.4M
YoY Change -36.97% 21.46%
INVESTING ACTIVITIES
Capital Expenditures -$805.1M -$802.5M -$489.6M
YoY Change 64.44% -3619.74%
Acquisitions
YoY Change
Other Investing Activities -$27.30M -$202.1M -$151.1M
YoY Change -81.93% -65.89%
Cash From Investing Activities -$832.4M -$1.005B -$640.6M
YoY Change 29.94% 63.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -277.4M -357.4M -566.5M
YoY Change -51.03% 27.32%
NET CHANGE
Cash From Operating Activities 565.6M 508.9M 897.4M
Cash From Investing Activities -832.4M -1.005B -640.6M
Cash From Financing Activities -277.4M -357.4M -566.5M
Net Change In Cash -544.2M -853.1M -309.7M
YoY Change 75.72% 78.85%
FREE CASH FLOW
Cash From Operating Activities $565.6M $508.9M $897.4M
Capital Expenditures -$805.1M -$802.5M -$489.6M
Free Cash Flow $1.371B $1.311B $1.387B
YoY Change -1.18% 230.99%

Facts In Submission

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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
875257000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
932989000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3768000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
15064000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
294435000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
407704000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
860193000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
932989000 USD
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
369999000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
367753000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
370002000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
367756000 shares
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9394961000 USD
CY2020Q3 rprx Noncontrolling Interest Increase From Contributions
NoncontrollingInterestIncreaseFromContributions
2105000 USD
CY2020Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
175348000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
848000 USD
CY2020Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
0 USD
CY2020Q3 us-gaap Dividends Cash
DividendsCash
54885000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
858000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
624254000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
7571000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9798648000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4653214000 USD
CY2019Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
196739000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
440027000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-2900000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax
1622000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4895224000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6141438000 USD
rprx Noncontrolling Interest Increase From Contributions
NoncontrollingInterestIncreaseFromContributions
1450070000 USD
rprx Noncontrolling Interest Transfers Of Interests
NoncontrollingInterestTransfersOfInterests
0 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
865032000 USD
rprx Stock Issued During Period Value Issued For Registration
StockIssuedDuringPeriodValueIssuedForRegistration
63000 USD
us-gaap Profit Loss
ProfitLoss
624885000 USD
rprx Stock Issued During Period Value Issued To Partnerships
StockIssuedDuringPeriodValueIssuedToPartnerships
1000 USD
rprx Stockholders Equity Value Effect Of Exchange And Reallocation
StockholdersEquityValueEffectOfExchangeAndReallocation
-1000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1908474000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4588000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
0 USD
us-gaap Dividends Cash
DividendsCash
54885000 USD
us-gaap Profit Loss
ProfitLoss
710441000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
67245000 USD
us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax
4066000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9798648000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4552079000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
672368000 USD
us-gaap Profit Loss
ProfitLoss
1014891000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
39000 USD
us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax
4811000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
4228000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4895224000 USD
rprx Proceeds From Cash Collections From Royalties Received On Financing Receivables
ProceedsFromCashCollectionsFromRoyaltiesReceivedOnFinancingReceivables
1549211000 USD
rprx Proceeds From Cash Collections From Royalties Received On Financing Receivables
ProceedsFromCashCollectionsFromRoyaltiesReceivedOnFinancingReceivables
1402054000 USD
rprx Proceeds From Cash Collections From Royalties Received On Intangible Assets
ProceedsFromCashCollectionsFromRoyaltiesReceivedOnIntangibleAssets
104131000 USD
rprx Proceeds From Cash Collections From Royalties Received On Intangible Assets
ProceedsFromCashCollectionsFromRoyaltiesReceivedOnIntangibleAssets
107695000 USD
rprx Proceeds From Cash Collections From Other Royalties Received On Financing Receivables
ProceedsFromCashCollectionsFromOtherRoyaltiesReceivedOnFinancingReceivables
12614000 USD
rprx Proceeds From Cash Collections From Other Royalties Received On Financing Receivables
ProceedsFromCashCollectionsFromOtherRoyaltiesReceivedOnFinancingReceivables
24636000 USD
us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
7476000 USD
us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
18262000 USD
rprx Proceeds From Collateral Received On Derivative Instruments
ProceedsFromCollateralReceivedOnDerivativeInstruments
45252000 USD
rprx Proceeds From Collateral Received On Derivative Instruments
ProceedsFromCollateralReceivedOnDerivativeInstruments
360000 USD
rprx Payments For Collateral Posted On Derivative Instruments
PaymentsForCollateralPostedOnDerivativeInstruments
0 USD
rprx Payments For Collateral Posted On Derivative Instruments
PaymentsForCollateralPostedOnDerivativeInstruments
45630000 USD
rprx Payments To Terminate Derivative Instruments
PaymentsToTerminateDerivativeInstruments
35448000 USD
rprx Payments To Terminate Derivative Instruments
PaymentsToTerminateDerivativeInstruments
0 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
36041000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
14059000 USD
rprx Payments For Ongoing Development Stage Funding
PaymentsForOngoingDevelopmentStageFunding
18510000 USD
rprx Payments For Ongoing Development Stage Funding
PaymentsForOngoingDevelopmentStageFunding
67166000 USD
rprx Payments For Operating Costs And Professional Services
PaymentsForOperatingCostsAndProfessionalServices
129382000 USD
rprx Payments For Operating Costs And Professional Services
PaymentsForOperatingCostsAndProfessionalServices
70125000 USD
us-gaap Interest Paid Net
InterestPaidNet
102429000 USD
us-gaap Interest Paid Net
InterestPaidNet
195335000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1468956000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1188810000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
15084000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
125121000 USD
rprx Payments To Acquire Equity Securities Fnni
PaymentsToAcquireEquitySecuritiesFNNI
50000000 USD
rprx Payments To Acquire Equity Securities Fnni
PaymentsToAcquireEquitySecuritiesFNNI
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
150000000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
1095259000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
750014000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
609604000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
161535000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
29262000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
22685000 USD
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
1377085000 USD
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
1254523000 USD
rprx Payments For Milestones
PaymentsForMilestones
0 USD
rprx Payments For Milestones
PaymentsForMilestones
250000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1926918000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2090808000 USD
rprx Payments For Distributions To Shareholders And Unitholders
PaymentsForDistributionsToShareholdersAndUnitholders
285353000 USD
rprx Payments For Distributions To Shareholders And Unitholders
PaymentsForDistributionsToShareholdersAndUnitholders
564038000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
400893000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
117057000 USD
rprx Payments To Noncontrolling Interests Other
PaymentsToNoncontrollingInterestsOther
74231000 USD
rprx Payments To Noncontrolling Interests Other
PaymentsToNoncontrollingInterestsOther
0 USD
rprx Payment Of Dividends To Shareholders
PaymentOfDividendsToShareholders
54885000 USD
rprx Payment Of Dividends To Shareholders
PaymentOfDividendsToShareholders
0 USD
rprx Proceeds From Noncontrolling Interests Research And Development
ProceedsFromNoncontrollingInterestsResearchAndDevelopment
6221000 USD
rprx Proceeds From Noncontrolling Interests Research And Development
ProceedsFromNoncontrollingInterestsResearchAndDevelopment
0 USD
rprx Proceeds From Noncontrolling Interests Other
ProceedsFromNoncontrollingInterestsOther
29985000 USD
rprx Proceeds From Noncontrolling Interests Other
ProceedsFromNoncontrollingInterestsOther
0 USD
rprx Repayments Of Long Term Debt Scheduled Payments
RepaymentsOfLongTermDebtScheduledPayments
94200000 USD
rprx Repayments Of Long Term Debt Scheduled Payments
RepaymentsOfLongTermDebtScheduledPayments
220500000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
11116196000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
11891030000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
46564000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4228000 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
1909651000 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1764565000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-905823000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1306603000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1807821000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
246199000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1924211000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1552802000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
116390000 USD
us-gaap Use Of Estimates
UseOfEstimates
The preparation of unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the unaudited condensed consolidated financial statements and accompanying notes. The current outbreak of the novel coronavirus, or COVID-19, could materially and adversely affect our results of operations, financial condition and cash flows. The full extent of the impact due to the COVID-19 pandemic will depend on future developments that are highly uncertain, including as a result of new information that may emerge concerning COVID-19 and the actions taken to contain it or treat COVID-19, as well as the economic impact. Given the uncertainty around the extent and timing of the potential future spread or mitigation efforts related to the current outbreak of COVID-19, the financial impact cannot be reasonably estimated at this time. Actual results may differ from those estimates. The results for the interim periods are not necessarily indicative of results for the full year.
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
45600000 USD
CY2020Q2 rprx Number Of Noncontrolling Interests Created
NumberOfNoncontrollingInterestsCreated
2 partnership
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Financial instruments that subject us to significant concentrations of credit risk consist primarily of cash and cash equivalents, marketable securities, financial royalty assets, receivables and derivatives. Our cash management and investment policy limits investment instruments to investment-grade securities with the objective to preserve capital and to maintain liquidity until the funds are needed for operations. Our cash and cash equivalents, and marketable securities balances at September 30, 2020 and December 31, 2019 were held with State Street Bank and Trust, Deutsche Bank, and Bank of America. Our primary operating accounts significantly exceed the FDIC limits.The majority of our royalty assets and receivables arise from contractual royalty agreements that entitle the Company to royalties on the sales of underlying biopharmaceutical products in the United States, Europe and the rest of the world, with concentrations of credit risk limited due to the broad range of marketers responsible for paying royalties to us and the variety of geographies from which our royalties on product sales are derived. The marketers paying us royalties on these products do not always provide, and are not necessarily required to provide, the breakdown of product sales by geography.
rprx Payments To Terminate Derivative Instruments
PaymentsToTerminateDerivativeInstruments
35400000 USD
rprx Proceeds From Collateral Received On Derivative Instruments
ProceedsFromCollateralReceivedOnDerivativeInstruments
45300000 USD
CY2020Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
125121000 USD
CY2020Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
73405000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
198526000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
125121000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
6159000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
131280000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
43500000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
155000000.0 USD
CY2020Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
13644089000 USD
CY2020Q3 rprx Financing Receivable Allowance For Credit Loss Changes In Expected Cash Flows
FinancingReceivableAllowanceForCreditLossChangesInExpectedCashFlows
828205000 USD
CY2020Q3 rprx Financing Receivables After Allowance For Credit Loss Changes In Expected Cash Flows
FinancingReceivablesAfterAllowanceForCreditLossChangesInExpectedCashFlows
12815884000 USD
CY2020Q3 rprx Financing Receivable Allowance For Credit Loss Cumulative Adjustment And Credit Loss Expense Reversal
FinancingReceivableAllowanceForCreditLossCumulativeAdjustmentAndCreditLossExpenseReversal
331452000 USD
CY2020Q3 us-gaap Notes Receivable Net
NotesReceivableNet
12484432000 USD
CY2019Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
12163030000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
868418000 USD
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
11294612000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
868418000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
457009000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
494258000 USD
us-gaap Financing Receivable Change In Present Value Expense Reversal
FinancingReceivableChangeInPresentValueExpenseReversal
2964000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
138747000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1159657000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
606216000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
571754000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
34462000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
606216000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
554492000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
51724000 USD
CY2019Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22700000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
67200000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1000000.0 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4700000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
624254000 USD
us-gaap Profit Loss
ProfitLoss
1335326000 USD
CY2020Q3 rprx Net Income Loss Attributable To Parent Prior To Offering
NetIncomeLossAttributableToParentPriorToOffering
0 USD
rprx Net Income Loss Attributable To Parent Prior To Offering
NetIncomeLossAttributableToParentPriorToOffering
479842000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
290632000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
324104000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
369999000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
367753000 shares
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
290632000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
324104000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
369999000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
367753000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
370002000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
367756000 shares
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
us-gaap Profit Loss
ProfitLoss
1335326000 USD
us-gaap Profit Loss
ProfitLoss
1014891000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
101498000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-100161000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17262000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18128000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
6869000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
9129000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-39886000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-78776000 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
200955000 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
10020000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
33961000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-21715000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
36041000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
14059000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-30272000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4588000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-8163000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
370000 USD
us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
1435536000 USD
us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
1229245000 USD
rprx Increase Decrease In Cash Collections On Financing Receivables
IncreaseDecreaseInCashCollectionsOnFinancingReceivables
1549211000 USD
rprx Increase Decrease In Cash Collections On Financing Receivables
IncreaseDecreaseInCashCollectionsOnFinancingReceivables
1402054000 USD
rprx Increase Decrease In Debt Securities Available For Sale
IncreaseDecreaseInDebtSecuritiesAvailableForSale
0 USD
rprx Increase Decrease In Debt Securities Available For Sale
IncreaseDecreaseInDebtSecuritiesAvailableForSale
150000000 USD
rprx Increase Decrease In Accrued Royalty Receivable
IncreaseDecreaseInAccruedRoyaltyReceivable
-1153000 USD
rprx Increase Decrease In Accrued Royalty Receivable
IncreaseDecreaseInAccruedRoyaltyReceivable
-1884000 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
0 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-150000000 USD
rprx Increase Decrease In Other Royalty Income Receivable
IncreaseDecreaseInOtherRoyaltyIncomeReceivable
-852000 USD
rprx Increase Decrease In Other Royalty Income Receivable
IncreaseDecreaseInOtherRoyaltyIncomeReceivable
-7573000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
12935000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-4502000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-44770000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
45481000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
11404000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1376000 USD
us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
-34952000 USD
us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
0 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1468956000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1188810000 USD
us-gaap Transfer Of Investments
TransferOfInvestments
303679000 USD
us-gaap Transfer Of Investments
TransferOfInvestments
0 USD
rprx Settlements With Equity Method Investments
SettlementsWithEquityMethodInvestments
5700000 USD
rprx Settlements With Equity Method Investments
SettlementsWithEquityMethodInvestments
0 USD
rprx Accrued Purchase Obligation Equity Investment
AccruedPurchaseObligationEquityInvestment
220000000 USD
rprx Accrued Purchase Obligation Equity Investment
AccruedPurchaseObligationEquityInvestment
0 USD
rprx Repayments Of Long Term Debt Contributions From Noncontrolling Interest Noncash
RepaymentsOfLongTermDebtContributionsFromNoncontrollingInterestNoncash
1103774000 USD
rprx Repayments Of Long Term Debt Contributions From Noncontrolling Interest Noncash
RepaymentsOfLongTermDebtContributionsFromNoncontrollingInterestNoncash
0 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
1177000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax Parent
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTaxParent
4066000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
52181000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
24022000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
428000 USD
CY2020Q3 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
135600000 USD
CY2019Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
31000000.0 USD

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