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v3.23.2

Segment and Geographic Information (Tables) | 9 Months Ended
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Jun. 30, 2023
Segment and Geographic Information |
Schedule of financial information for business segments | The following is the summary of the financial information for the Company’s reportable segments for the three and nine months ended June 30, 2023 and 2022 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three Months Ended June 30, | ​ | Nine Months Ended June 30,
​ | ​ | ​ | 2023 | ​ | 2022 | ​ | 2023 | ​ | 2022
Revenue: |  | ​ | ​ | ​ | ​ | ​ |  |  | ​ |  |  | ​ |
Life Sciences Products | ​ | ​ | $ | 74,571 | ​ | $ | 47,369 | ​ | $ | 223,091 | ​ | $ | 150,861
Life Sciences Services | ​ | ​ |  | 91,377 | ​ |  | 85,366 | ​ |  | 269,624 | ​ |  | 267,070
Total revenue | ​ | ​ | $ | 165,948 | ​ | $ | 132,735 | ​ | $ | 492,715 | ​ | $ | 417,931
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating income / (loss): | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​
Life Sciences Products | ​ | ​ | $ | (4,878) | ​ | $ | 1,965 | ​ | $ | (25,077) | ​ | $ | 11,173
Life Sciences Services | ​ | ​ |  | (3,813) | ​ |  | 697 | ​ |  | (13,302) | ​ |  | 10,759
Segment operating (loss) income | ​ | ​ | ​ | (8,691) | ​ | ​ | 2,662 | ​ | ​ | (38,379) | ​ | ​ | 21,932
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Amortization of completed technology | ​ | ​ | ​ | 4,656 | ​ | ​ | 1,810 | ​ | ​ | 13,725 | ​ | ​ | 5,424
Purchase accounting impact on inventory | ​ | ​ | ​ | 2,956 | ​ | ​ | — | ​ | ​ | 8,737 | ​ | ​ | —
Amortization of other intangible assets | ​ | ​ | ​ | 7,522 | ​ | ​ | 5,745 | ​ | ​ | 22,403 | ​ | ​ | 18,064
Restructuring charges | ​ | ​ | ​ | 812 | ​ | ​ | 25 | ​ | ​ | 3,773 | ​ | ​ | 319
Contingent consideration - fair value adjustments | ​ | ​ | ​ | (1,404) | ​ | ​ | — | ​ | ​ | (18,549) | ​ | ​ | —
Tariff adjustment | ​ | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (486)
Other unallocated corporate expenses | ​ | ​ | ​ | (7,397) | ​ | ​ | 155 | ​ | ​ | (11,970) | ​ | ​ | 8,717
Total operating (loss) income | ​ | ​ | ​ | (15,836) | ​ | ​ | (5,073) | ​ | ​ | (56,498) | ​ | ​ | (10,106)
Interest income | ​ | ​ | ​ | 11,347 | ​ | ​ | 6,822 | ​ | ​ | 32,406 | ​ | ​ | 9,933
Interest expense | ​ | ​ | ​ | — | ​ | ​ | (2,101) | ​ | ​ | — | ​ | ​ | (4,111)
Loss on extinguishment of debt | ​ | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (632)
Other, net | ​ | ​ | ​ | 819 | ​ | ​ | 630 | ​ | ​ | (704) | ​ | ​ | (1,617)
(Loss) income before income taxes | ​ | ​ | $ | (3,670) | ​ | $ | 278 | ​ | $ | (24,796) | ​ | $ | (6,533)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets: | ​ | ​ | ​ | ​ | ​ | June 30, 2023 | ​ | September 30, 2022 | ​ | ​ | ​
Life Sciences Products | ​ | ​ | ​ | ​ | ​ | $ | 948,701 | ​ | $ | 378,790 | ​ | ​ | ​
Life Sciences Services | ​ | ​ | ​ | ​ | ​ | ​ | 824,018 | ​ | ​ | 849,603 | ​ | ​ | ​
Total assets | ​ | ​ | ​ | ​ | ​ | $ | 1,772,719 | ​ | $ | 1,228,393 | ​ | ​ | ​
Schedule of reconciliation of reportable segment assets to corresponding consolidated amounts | The following is a reconciliation of the segment assets to the corresponding amounts presented in the Condensed Consolidated Balance Sheets as of June 30, 2023 and September 30, 2022 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | September 30,
​ | ​ | 2023 | ​ | 2022
Segment assets |  | $ | 1,772,719 |  | $ | 1,228,393
Cash and cash equivalents, restricted cash, and marketable securities | ​ |  | 1,296,074 | ​ |  | 2,305,081
Deferred tax assets | ​ |  | — | ​ |  | 1,169
Other assets | ​ | ​ | 623 | ​ | ​ | 181,479
Total assets | ​ | $ | 3,069,416 | ​ | $ | 3,716,122
Schedule of revenue from external customers attributed to geographic areas | Revenue from external customers is attributed to geographic areas based on locations in which customer orders are placed. Net revenue by geographic area for the three and nine months ended June 30, 2023 and 2022 are as follows (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended June 30, | ​ | Nine Months Ended June 30,
​ |  | 2023 | ​ | 2022 | ​ | 2023 | ​ | 2022
Geographic Location: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
North America | ​ | $ | 91,018 | ​ | $ | 88,380 | ​ | $ | 267,437 | ​ | $ | 272,750
Rest of Europe | ​ | ​ | 23,594 | ​ | ​ | 17,148 | ​ | ​ | 84,448 | ​ | ​ | 57,177
Africa | ​ | ​ | 19,064 | ​ | ​ | 86 | ​ | ​ | 44,901 | ​ | ​ | 1,305
China | ​ | ​ | 12,766 | ​ | ​ | 12,906 | ​ | ​ | 38,153 | ​ | ​ | 39,704
Asia Pacific/ Other | ​ | ​ | 10,700 | ​ | ​ | 6,114 | ​ | ​ | 37,767 | ​ | ​ | 23,780
United Kingdom | ​ | ​ | 8,806 | ​ | ​ | 8,101 | ​ | ​ | 20,009 | ​ | ​ | 23,215
Total revenue | ​ | $ | 165,948 | ​ | $ | 132,735 | ​ | $ | 492,715 | ​ | $ | 417,931

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- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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