Questcor Pharmaceuticals Inc (QCOR) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1300 NORTH KELLOGG DRIVE ANAHEIM, CA 92807 |
| State of Incorp. | CA |
| 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)
| 6/30/2014 MRQ | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 245,006 | 155,313 | |||
| Cash and cash equivalents | 175,840 | 80,608 | |||
| Short-term investments | 69,166 | 74,705 | |||
| Restricted cash and investments | 25,000 | ||||
| Receivables | 87,069 | 61,417 | |||
| Inventory, net of allowances, customer advances and progress billings | ✕ | 16,368 | 9,909 | ||
| Inventory | 16,368 | 9,909 | |||
| Prepaid expense and other current assets | ✕ | ✕ | 4,900 | ||
| Other undisclosed current assets | 23,333 | 5,737 | |||
| Total current assets: | 396,776 | 237,276 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 31,733 | 2,073 | |||
| Intangible assets, net (including goodwill) | ✕ | 50,595 | 1,493 | ||
| Goodwill | 20,464 | ||||
| Intangible assets, net (excluding goodwill) | 30,131 | 1,493 | |||
| Deposits noncurrent assets | 389 | 70 | |||
| Restricted cash and investments | 50,000 | ||||
| Other undisclosed noncurrent assets | 206,861 | 11,519 | |||
| Total noncurrent assets: | 339,578 | 15,155 | |||
| TOTAL ASSETS: | 736,354 | 252,431 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 34,484 | 41,729 | |||
| Taxes payable | 3,693 | 7,360 | |||
| Employee-related liabilities | 16,489 | 21,300 | |||
| Accounts payable | 14,302 | 13,069 | |||
| Debt | 1,665 | ||||
| Other undisclosed current liabilities | 125,023 | 48,670 | |||
| Total current liabilities: | 161,172 | 90,399 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 13,998 | ||||
| Long-term debt, excluding current maturities | 13,998 | ||||
| Liabilities, other than long-term debt | 2,961 | 203 | |||
| Other liabilities | 2,961 | 203 | |||
| Other undisclosed noncurrent liabilities | 158,859 | ||||
| Total noncurrent liabilities: | 175,818 | 203 | |||
| Total liabilities: | 336,990 | 90,602 | |||
| Equity | |||||
| Equity, attributable to parent | 399,364 | 161,829 | |||
| Common stock | 30,386 | 15,938 | |||
| Accumulated other comprehensive income (loss) | (3,253) | 40 | |||
| Retained earnings | 372,231 | 145,851 | |||
| Total equity: | 399,364 | 161,829 | |||
| TOTAL LIABILITIES AND EQUITY: | 736,354 | 252,431 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Revenues (Revenue, Net) | 798,929 | 509,292 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (74,365) | (28,555) | ||
| Gross profit: | 724,564 | 480,737 | ||
| Operating expenses | (284,726) | (184,210) | ||
| Operating income: | 439,838 | 296,527 | ||
| Nonoperating income (expense) (loss, Foreign Currency Transaction, before Tax) | (548) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 250 | 703 | ||
| Income from continuing operations before income taxes: | 439,540 | 297,230 | ||
| Income tax expense | (146,931) | (99,555) | ||
| Income from continuing operations: | 292,609 | 197,675 | ||
| Income before gain (loss) on sale of properties: | 292,609 | 197,675 | ||
| Net income available to common stockholders, diluted: | 292,609 | 197,675 | ||
Comprehensive Income ($ in thousands)
| 6/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net income: | 292,609 | 197,675 | ||
| Comprehensive income: | 292,609 | 197,675 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (3,293) | 76 | ||
| Comprehensive income, net of tax, attributable to parent: | 289,316 | 197,751 | ||
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.