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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 107,500 $ 488,668
Marketable securities 64,984 70,773
Accounts receivable, net 68,360 27,008
Receivables from collaborative partners 889 1,070
Inventories 11,354 8,456
Income taxes receivable 19,628 4,030
Deferred tax assets, net 9,601 9,601
Prepaid and other current assets 20,461 8,014
Total current assets 302,777 617,620
Marketable securities, long-term 2,027 6,961
Property and equipment, net 15,417 7,055
Intangible assets, net 1,035,566 72,361
Other assets 6,805 7,068
TOTAL ASSETS 1,362,592 711,065
Current liabilities:    
Accounts payable 3,196 1,278
Accrued rebates, returns and discounts 105,113 35,710
Accrued liabilities 51,802 15,698
Contingent consideration liability 2,741  
Interest payable 16,515 2,683
Other current liabilities 854 2,130
Total current liabilities 180,221 57,499
Contingent consideration liability 12,122 14,252
Senior Notes 562,984  
Convertible Notes 239,625 229,891
Deferred tax liabilities, net, non-current 15,340 32,589
Other long-term liabilities $ 10,645 $ 12,387
Commitments and contingencies (Note 12)
Shareholders' equity:    
Preferred stock
Common stock $ 258,208 $ 239,961
Additional paid-in capital 80,820 76,809
Retained earnings 2,644 47,714
Accumulated other comprehensive loss, net of tax (17) (37)
Total shareholders' equity 341,655 364,447
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,362,592 $ 711,065