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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2016
Business Combinations [Abstract]  
Schedule of Purchase Price Allocation
(in thousands)
 
Exiqon acquisition
 
 
 
Purchase Price:
 
 
Cash consideration
 
$
95,163

Fair value of remaining shares
 
5,519

 
 
$
100,682

 
 
 
Preliminary Allocation:
 
 
Cash and cash equivalents
 
$
4,824

Accounts receivable
 
3,581

Inventory
 
1,553

Prepaid expenses and other current assets
 
1,853

Accounts payable
 
(1,289
)
Accruals and other current liabilities
 
(11,587
)
Debt assumed
 
(6,068
)
Other long-term liabilities
 
(197
)
Deferred tax asset on tax loss carry forwards
 
10,016

Fixed and other long-term assets
 
2,870

Developed technology
 
18,500

Customer relationships
 
3,800

Tradenames
 
1,400

Goodwill
 
76,807

Deferred tax liability on fair value of identifiable intangible assets acquired
 
(5,381
)
 
 
$
100,682

The final purchase price allocation for Enzymatics was as follows:
(in thousands)
 
Enzymatics acquisition
Purchase Price:
 
 
Cash consideration
 
$
114,224

Fair value of contingent consideration
 
13,600

 
 
$
127,824

 
 
 
Final Allocation:
 
 
Cash and cash equivalents
 
$
1,178

Accounts receivable
 
2,813

Prepaid expenses and other current assets
 
1,330

Fixed and other long-term assets
 
1,414

Accounts payable
 
(3,090
)
Accruals and other current liabilities
 
(1,940
)
Developed technology
 
28,600

Tradenames
 
6,600

Customer relationships
 
22,300

Goodwill
 
90,177

Deferred tax liability on fair value of identifiable intangible assets acquired
 
(21,558
)
 
 
$
127,824