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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income (loss) $ (187,787) $ 76,110 $ (84,847)
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Deferred income taxes (96,769) 136 (11,860)
Depreciation 5,175 5,463 3,641
Stock-based compensation 38,340 27,081 22,797
Amortization of convertible senior notes discount and debt issuance costs 11,511 10,192 9,655
Amortization of finite-lived intangible assets 9,331    
Changes in fair value of liability for contingent consideration 69,173 (93,468) 92,930
Property and equipment write-off   732  
Impairment of equity investment 500 3,750  
Accretion of lease exit costs liability   345  
Realized gains on sales of current marketable securities (14) (642) (90)
Changes in operating assets and liabilities:      
Restricted cash     (310)
Accounts receivable (79,117)    
Receivable from collaboration partners (10,268) (6,529) 6
Inventory (14,563)    
Prepaid expenses and other current assets (14,697) (14,955) (3,013)
Other assets (1,151) 18,472 (15,527)
Accounts payable 142 44 (1,347)
Accrued liabilities 17,084 14,302 5,014
Accrued clinical trials and related expenses 110 24,481 1,278
Accrued compensation 13,936 6,388 (3,897)
Deferred revenue 9,811    
Escrow liability   (31,634) 34
Lease termination exit costs liability (3,177) 2,832  
Other current liabilities 3,772    
Other liabilities (1,821) 7,445 13,893
Net cash (used in) provided by operating activities (230,479) 50,545 28,357
Cash flows from investing activities:      
Purchases of marketable securities (264,936) (614,511) (508,508)
Sales of marketable securities 149,668 169,660 277,891
Maturities of marketable securities 274,745 299,347 359,525
Transfers from restricted cash   31,910 (4,000)
Payment for liability for contingent consideration, current (17,065)   (36,000)
Capital expenditures (11,374) (15,107) (6,990)
Net cash (used in) provided by investing activities 131,038 (128,701) 81,918
Cash flows from financing activities:      
Repurchases of restricted stock awards (124) (181) (78)
Net proceeds from issuances of common stock 81,257 23,549 8,475
Net cash provided by financing activities 81,133 23,368 8,397
Net increase (decrease) in cash and cash equivalents (18,308) (54,788) 118,672
Cash and cash equivalents at beginning of period 171,552 226,340 107,668
Cash and cash equivalents at end of period 153,244 171,552 226,340
Supplemental cash flow data      
Cash paid during the period for income taxes 299 94 537
Cash paid during the period for interest 9,200 9,200 9,277
Equity issued in lieu of cash payment of contingent consideration liability $ 62,935