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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 307,068 $ 158,537
Restricted cash 410 79
Trade accounts receivable, net of allowances of $845 and $964, as of December 31, 2017 and 2016, respectively 81,403 52,239
Prepaid expenses 13,333 12,907
Finished goods inventory held by the Company 37,501 43,135
Other current assets 1,983 5,760
Total current assets 441,698 272,657
Property and equipment, net of accumulated depreciation 36,669 34,310
Goodwill 286,611 280,599
Deferred tax asset   4,400
Intangible assets, net of accumulated amortization 430,603 742,242
Non-current portion of deferred cost of license revenue 1,638 2,272
Other assets 750 5,855
Total assets 1,197,969 1,342,335
Current liabilities:    
Accounts payable 27,367 26,933
Accrued expenses and other current liabilities 100,128 104,890
Current portion of deferred license revenue 9,057 9,057
Current portion of loans payable 645 6,256
Current portion of liability related to sale of future royalties 6,763  
Current portion of convertible notes payable   765
Total current liabilities 143,960 147,901
Convertible senior notes (due 2021) 308,805 299,395
Acquired contingent consideration 112,722 72,100
Non-current portion of deferred license revenue 23,398 32,456
Non-current portion of loans payable 25,670 24,635
Deferred tax liability 22,459 92,807
Non-current portion of liability related to sale of future royalties 29,025  
Other non-current liabilities 11,943 8,830
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value. Authorized 1,000,000 shares at December 31, 2017 and no shares at December 31, 2016; no shares issued as of December 31, 2017
Common stock, $0.001 par value. Authorized 80,000,000 shares at December 31, 2017 and 2016; issued 46,441,428 and 45,680,042 shares, including those held in treasury, as of December 31, 2017 and 2016, respectively 46 46
Treasury stock at cost (16,151 and 12,420 shares at December 31, 2017 and 2016, respectively) (389) (329)
Additional paid-in capital 968,580 921,365
Accumulated deficit (455,108) (243,970)
Accumulated other comprehensive income (loss) 6,858 (12,901)
Total stockholders’ equity 519,987 664,211
Total liabilities and stockholders’ equity $ 1,197,969 $ 1,342,335