Amphastar Pharmaceuticals Inc. (AMPH) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
11570 SIXTH STREET RANCHO CUCAMONGA, CA 91730 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 256,806 | 299,876 | 163,136 | 192,892 | 175,762 | 184,087 | |||
| Cash and cash equivalents | 144,296 | 266,778 | 148,595 | 176,615 | 156,098 | 157,244 | |||
| Short-term investments | 112,510 | 33,098 | 14,541 | 16,277 | 19,664 | 26,843 | |||
| Restricted cash and investments | 2,435 | 6,459 | 4,885 | 2,435 | 2,435 | 2,435 | |||
| Receivables | 114,943 | 118,990 | 104,715 | 100,638 | 88,804 | 77,099 | |||
| Inventory, net of allowances, customer advances and progress billings | 105,833 | 109,978 | 104,617 | 103,647 | 103,584 | 103,250 | |||
| Inventory | 105,833 | 109,978 | 104,617 | 103,647 | 103,584 | 103,250 | |||
| Other undisclosed current assets | 9,583 | 7,702 | 7,201 | 8,058 | 7,734 | 17,351 | |||
| Total current assets: | 489,600 | 543,005 | 384,554 | 407,670 | 378,319 | 384,222 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 564 | 610 | 657 | 706 | 753 | 601 | |||
| Operating lease, right-of-use asset | 32,333 | 32,666 | 26,327 | 25,801 | 25,554 | 26,456 | |||
| Property, plant and equipment | 282,746 | 280,836 | 278,526 | 243,479 | 238,266 | 232,741 | |||
| Long-term investments and receivables | 14,685 | 972 | 1,462 | 1,758 | 2,414 | 2,690 | |||
| Long-term investments | 14,685 | 972 | 1,462 | 1,758 | 2,414 | 2,690 | |||
| Intangible assets, net (including goodwill), including: | 613,295 | 619,351 | 625,603 | 37,179 | 37,298 | 37,037 | |||
| Goodwill | 3,216 | 3,092 | 3,165 | 3,175 | 3,126 | 2,886 | |||
| Intangible assets, net (excluding goodwill) | 610,054 | 587,034 | 593,213 | 4,779 | 34,147 | 4,926 | |||
| Other undisclosed intangible assets, net (including goodwill) | 25 | 29,225 | 29,225 | 29,225 | 25 | 29,225 | |||
| Deferred income tax assets | 53,252 | 40,868 | 40,868 | 38,527 | 38,527 | 22,399 | |||
| Other noncurrent assets | 25,910 | 25,299 | 20,269 | 18,536 | 20,856 | 20,549 | |||
| Other undisclosed noncurrent assets | 527 | 1,026 | |||||||
| Total noncurrent assets: | 1,023,312 | 1,001,628 | 993,712 | 365,986 | 363,668 | 342,473 | |||
| TOTAL ASSETS: | 1,512,912 | 1,544,633 | 1,378,266 | 773,656 | 741,987 | 726,695 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 93,366 | 222,719 | 217,536 | 88,886 | 84,242 | 95,796 | |||
| Accounts payable | 25,438 | 31,970 | 18,832 | 21,979 | 20,501 | 19,963 | |||
| Accrued liabilities | 67,928 | 190,749 | 198,704 | 66,907 | 63,741 | 75,833 | |||
| Debt | 436 | 433 | 12,920 | 2,168 | 3,046 | 1,680 | |||
| Other undisclosed current liabilities | 131,605 | 34,811 | 20,829 | 14,581 | 7,574 | 4,714 | |||
| Total current liabilities: | 225,407 | 257,963 | 251,285 | 105,635 | 94,862 | 102,190 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 589,579 | 638,206 | 488,280 | 72,872 | 72,839 | 74,011 | |||
| Long-term debt, excluding current maturities | 603,174 | 653,268 | 76,642 | ||||||
| Finance lease, liability | 616 | 660 | 692 | 739 | 790 | 621 | |||
| Other undisclosed long-term debt and lease obligation | (14,211) | (15,722) | 487,588 | 72,133 | (4,593) | 49,024 | |||
| Liabilities, other than long-term debt | 58,505 | 53,324 | 49,466 | 46,572 | 45,628 | 20,963 | |||
| Accounts payable and accrued liabilities | 6,066 | 7,225 | 7,225 | 7,225 | 7,225 | 6,531 | |||
| Deferred income tax liabilities | 201 | 201 | 178 | 144 | 242 | ||||
| Other liabilities | 22,718 | 15,699 | 17,633 | 15,175 | 14,565 | 14,190 | |||
| Operating lease, liability | 29,721 | 30,199 | 24,407 | 23,994 | 23,694 | 24,366 | |||
| Other undisclosed noncurrent liabilities | 24,366 | ||||||||
| Total noncurrent liabilities: | 648,084 | 691,530 | 537,746 | 119,444 | 118,467 | 119,340 | |||
| Total liabilities: | 873,491 | 949,493 | 789,031 | 225,079 | 213,329 | 221,530 | |||
| Equity | |||||||||
| Equity, attributable to parent | 639,421 | 595,140 | 589,235 | 548,577 | 528,658 | 505,165 | |||
| Common stock | 6 | 6 | 6 | 6 | 6 | 6 | |||
| Treasury stock, value | (247,431) | (247,437) | (197,437) | (197,539) | (189,524) | (171,461) | |||
| Additional paid in capital | 486,056 | 477,880 | 471,110 | 456,623 | 455,077 | 448,741 | |||
| Accumulated other comprehensive loss | (8,478) | (8,411) | (8,324) | (8,268) | (8,624) | (9,931) | |||
| Retained earnings | 409,268 | 373,102 | 323,880 | 297,755 | 271,723 | 237,810 | |||
| Total equity: | 639,421 | 595,140 | 589,235 | 548,577 | 528,658 | 505,165 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,512,912 | 1,544,633 | 1,378,266 | 773,656 | 741,987 | 726,695 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 178,105 | 180,556 | 145,712 | 140,022 | 135,023 | 120,129 | ||
| Cost of revenue | (81,965) | (72,153) | (72,974) | (66,182) | (63,855) | (61,619) | ||
| Gross profit: | 96,140 | 108,403 | 72,738 | 73,840 | 71,168 | 58,510 | ||
| Operating expenses | (42,160) | (35,725) | (35,842) | (40,407) | (33,336) | (35,282) | ||
| Operating income: | 53,980 | 72,678 | 36,896 | 33,433 | 37,832 | 23,228 | ||
| Nonoperating income (expense) | (12,635) | (9,041) | (4,088) | 136 | 3,428 | (632) | ||
| Investment income, nonoperating | 2,303 | 1,202 | 1,030 | 924 | 580 | 331 | ||
| Other nonoperating income (expense) | (5,482) | 3,459 | (1,516) | (390) | 3,376 | (397) | ||
| Interest and debt expense | (9,456) | (13,702) | (3,602) | (398) | (528) | (566) | ||
| Income from continuing operations before equity method investments, income taxes: | 31,889 | 49,935 | 29,206 | 33,171 | 40,732 | 22,030 | ||
| Other undisclosed income from continuing operations before income taxes | 9,456 | 13,702 | 3,602 | 398 | 528 | 566 | ||
| Income from continuing operations before income taxes: | 41,345 | 63,637 | 32,808 | 33,569 | 41,260 | 22,596 | ||
| Income tax expense | (4,673) | (14,025) | (6,383) | (6,752) | (7,290) | (6,559) | ||
| Income from continuing operations: | 36,672 | 49,612 | 26,425 | 26,817 | 33,970 | 16,037 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 16,037 | |
| Other undisclosed net loss | (505) | (785) | (57) | (163) | ||||
| Net income: | 36,167 | 49,612 | 26,425 | 26,032 | 33,913 | 15,874 | ||
| Other undisclosed net loss attributable to parent | (390) | (301) | ||||||
| Net income available to common stockholders, diluted: | 36,167 | 49,222 | 26,124 | 26,032 | 33,913 | 15,874 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 36,167 | 49,612 | 26,425 | 26,032 | 33,913 | 15,874 | ||
| Comprehensive income: | 36,167 | 49,612 | 26,425 | 26,032 | 33,913 | 15,874 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (67) | (477) | (357) | 356 | 1,307 | (1,222) | ||
| Comprehensive income, net of tax, attributable to parent: | 36,100 | 49,135 | 26,068 | 26,388 | 35,220 | 14,652 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.