XML 35 R25.htm IDEA: XBRL DOCUMENT v3.20.2

Acquisitions (Tables)

9 Months Ended

Sep. 30, 2020

Engineered Molding Technology LLC [Member]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The components and allocation of the purchase price consists of the following amounts (amounts in thousands):

Cash and cash equivalents		$	69
Accounts receivable			1,057
Inventory			449
Prepaid expenses and other current assets			7
Fixed assets, net			472
Operating lease right of use assets			1,050
Customer relationships			11,080
Developed technology			2,910
Trademark and tradename			320
Non-compete agreements			50
Goodwill			12,573
Accounts payable			(283	)
Accrued liabilities			(190	)
Operating lease liability			(211	)
Operating lease liability, long-term			(839	)
Fair value of net assets acquired		$	28,514

Schedule of Identified Intangible Assets and Estimated Useful Lives

The following table sets forth the components of the identified intangible assets associated with the EMT Acquisition and their estimated useful lives:

		Useful life				Fair Value
						(Amounts in thousands)
Customer relationships			14 years			$	11,080
Developed technology			11 years				2,910
Trademark and tradename			14 years				320
Non-competition agreements			3 years				50
						$	14,360

C Technologies [Member]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The components and allocation of the purchase price consists of the following amounts (amounts in thousands):

Cash and cash equivalents		$	3,795
Restricted cash			26,933
Accounts receivable			3,044
Inventory			3,783
Prepaid expenses and other current assets			93
Fixed assets			40
Operating lease right of use asset			3,836
Customer relationships			59,680
Developed technology			28,920
Trademark and tradename			1,570
Non-competition agreements			660
Goodwill			142,314
Deferred taxes			895
Accounts payable			(436	)
Accrued liabilities			(2,767	)
Accrued bonus			(26,928	)
Deferred revenue			(1,709	)
Operating lease liability			(51	)
Operating lease liability, long-term			(3,785	)
Fair value of net assets acquired		$	239,887

Unaudited Supplemental Pro Forma Information

The following pro forma financial information does not reflect any adjustments for anticipated expense savings resulting from the acquisition and is not necessarily indicative of the operating results that would have actually occurred had the transaction been consummated on January 1, 2019 or of future results (amounts in thousands, except per share data):

		Nine Months Ended September 30,
		2019
Pro forma total revenue		$	209,960
Pro forma net income		$	21,012
Pro forma earnings per share:
Basic		$	0.45
Diluted		$	0.44

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

+ Details

Name:	us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=rgen_EngineeredMoldingTechnologyLlcMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=rgen_CTechnologiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: