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Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 243,345,000 $ 307,068,000
Restricted cash 221,000 410,000
Short term investments 148,371,000 0
Trade accounts receivable, net of allowances of $1,783 and $845, as of June 30, 2018 and December 31, 2017, respectively 64,360,000 81,403,000
Prepaid expenses 15,101,000 13,333,000
Finished goods inventory held by the Company 21,147,000 37,501,000
Other current assets 2,007,000 1,983,000
Total current assets 494,552,000 441,698,000
Property and equipment, net of accumulated depreciation 42,524,000 36,669,000
Goodwill 284,100,000 286,611,000
Intangible assets, net of accumulated amortization 428,762,000 430,603,000
Non-current portion of deferred cost of license revenue   1,638,000
Other assets 678,000 750,000
Total assets 1,250,616,000 1,197,969,000
Current liabilities:    
Accounts payable 15,400,000 27,367,000
Accrued expenses and other current liabilities 97,761,000 100,128,000
Current portion of deferred license revenue   9,057,000
Current portion of loans payable 629,000 645,000
Current portion of liability related to sale of future royalties 7,081,000 6,763,000
Total current liabilities 120,871,000 143,960,000
Convertible senior notes (due 2021) 313,679,000 308,805,000
Non-current portion of acquired contingent consideration 109,174,000 112,722,000
Non-current portion of deferred license revenue   23,398,000
Non-current portion of loans payable 24,698,000 25,670,000
Deferred tax liability 37,586,000 22,459,000
Non-current portion of liability related to sale of future royalties 26,102,000 29,025,000
Other non-current liabilities 11,871,000 11,943,000
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value. Authorized 20,000,000 shares at June 30, 2018 and December 31, 2017; no shares issued as of June 30, 2018 and December 31, 2017, respectively
Common stock, $0.001 par value. Authorized 80,000,000 shares at June 30, 2018 and December 31, 2017; issued 47,223,027 and 46,441,428 shares, including those held in treasury, as of June 30, 2018 and December 31, 2017, respectively 47,000 46,000
Treasury stock at cost (79,275 shares at June 30, 2018 and 16,151 shares at December 31, 2017) (1,976,000) (389,000)
Additional paid-in capital 993,292,000 968,580,000
Accumulated deficit (389,527,000) (455,108,000)
Accumulated other comprehensive income 4,799,000 6,858,000
Total stockholders’ equity 606,635,000 519,987,000
Total liabilities and stockholders’ equity $ 1,250,616,000 $ 1,197,969,000