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Pacira BioSciences, Inc. (PCRX)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues   [+]666.8541.5429.6418.9332.4284.3276.4249.0
            Revenue growth  23.1%26.0%2.6%26.0%16.9%2.9%11.0%26.0%
Cost of goods sold  199.3140.3117.3106.786.887.9110.171.8
Gross profit  467.5401.3312.3312.2245.6196.4166.3177.2
            Gross margin  70.1%74.1%72.7%74.5%73.9%69.1%60.2%71.1%
Selling, general and administrative  254.5199.3193.5200.8177.3161.5152.6139.0
Research and development  84.855.559.472.155.757.345.728.7
Other operating expenses  10.942.95.223.1-3.32.6  
EBITDA   [+]151.5118.566.330.129.1-11.1-19.120.9
            EBITDA margin  22.7%21.9%15.4%7.2%8.7%-3.9%-6.9%8.4%
Depreciation  34.215.012.013.913.213.812.911.2
EBITA  117.3103.554.216.215.9-24.9-32.09.8
            EBITA margin  17.6%19.1%12.6%3.9%4.8%-8.8%-11.6%3.9%
Amortization of intangibles  57.313.67.95.7   0.3
EBIT   [+]60.089.946.410.515.9-24.9-32.09.5
            EBIT margin  9.0%16.6%10.8%2.5%4.8%-8.8%-11.6%3.8%
Interest expense, net   [+]35.430.921.016.315.514.05.77.0
Other income (expense), net   [+]-11.3-2.7-5.2-5.0-0.9-3.6-0.1-0.3
Pre-tax income  13.356.420.1-10.7-0.4-42.5-37.82.1
Income taxes  -2.614.4-125.40.30.00.10.10.3
            Tax rate   25.6%     12.5%
Net income  15.942.0145.5-11.0-0.5-42.6-37.91.9
            Net margin  2.4%7.8%33.9%-2.6%-0.1%-15.0%-13.7%0.7%
   
Basic EPS   [+]$0.35$0.95$3.41($0.27)($0.01)($1.07)($1.02)$0.05
Diluted EPS   [+]$0.34$0.92$3.33($0.27)($0.01)($1.07)($1.02)$0.04
   
Shares outstanding (basic)   [+]45.544.342.741.540.939.837.236.5
Shares outstanding (diluted)   [+]46.545.643.741.540.939.837.241.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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