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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 122,094 $ 169,019
Investments 5,048 2,029
Accounts receivable 47,263 39,326
Inventories 17,262 12,722
Deferred tax assets, net 7,082 2,638
Income tax receivable, net 17,136 8,728
Restricted cash 217 217
Prepaid expenses and other current assets 7,742 8,814
Total current assets 223,844 243,493
Property, plant and equipment, net 172,481 152,701
In-process research and development 51,400 51,400
Goodwill 5,029 5,029
Assets held for sale 12,548 12,741
Deferred tax assets, net 27,970 33,757
Other assets 712 1,198
Total assets 493,984 500,319
Current liabilities:    
Accounts payable 32,182 25,409
Accrued expenses and other current liabilities 1,200 1,309
Accrued compensation 13,823 23,975
Contingent value rights, current portion 9,734 0
Long-term indebtedness, current portion 10,229 17,187
Deferred revenue, current portion 5,336 7,839
Total current liabilities 72,504 75,719
Contingent value rights, net of current portion 6,206 14,532
Long-term indebtedness, net of current portion 29,074 30,239
Deferred revenue, net of current portion 2,953 4,386
Other liabilities 2,017 1,882
Total liabilities 112,754 126,758
Commitments and contingencies 0 0
Stockholders' equity:    
Preferred stock, $0.001 par value; 15,000,000 shares authorized, 0 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 0 0
Common stock, $0.001 par value; 100,000,000 shares authorized, 35,850,658 and 35,011,423 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 36 35
Additional paid-in capital 213,320 197,689
Accumulated other comprehensive loss (2,771) (2,110)
Retained earnings 166,663 173,850
Total Emergent BioSolutions Inc. stockholders' equity 377,248 369,464
Noncontrolling interest in subsidiaries 3,982 4,097
Total stockholders' equity 381,230 373,561
Total liabilities and stockholders' equity $ 493,984 $ 500,319