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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 36,646 $ 56,135
Restricted cash 10,003 10,002
Accounts receivable, net 51,756 61,209
Inventory, net 11,827 10,035
Prepaid expenses and other current assets 12,112 11,574
Income tax receivable 6,856 6,735
Total current assets 129,200 155,690
Property and equipment, net 2,459 2,346
Goodwill 54,865 54,865
Intangible assets, net 262,393 285,943
Other 326 347
Total assets 449,243 499,191
Current liabilities:    
Accounts payable and accrued expenses 37,406 27,772
Accrued allowances 62,483 62,678
Interest payable 6,726 11,903
Treximet Secured Notes - current 0 13,335
Restricted cash payable 10,003 10,002
Other liabilities - current 4,572 6,753
Total current liabilities 121,190 132,443
Convertible notes - long-term 100,818 99,776
Derivative liability 2,371 9,165
Contingent consideration 8,553 14,055
Treximet Secured Notes - long-term 189,278 188,715
Credit facilities - long-term 14,000 15,000
Deferred income tax liability - long-term 65 202
Other liabilities - long-term 4,357 6,738
Total liabilities $ 440,632 $ 466,094
Commitments and contingencies (notes 1, 3, 6, 7, 10 and 11)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; no shares issued and outstanding $ 0 $ 0
Common stock, $.01 par value, 140,000,000 shares authorized, 63,899,899 and 63,874,549 issued and 61,127,965 and 61,112,527 outstanding at March 31, 2016 and December 31, 2015, respectively 611 611
Additional paid-in capital 228,306 226,837
Treasury stock, at cost, 2,771,934 and 2,762,022 shares held at March 31, 2016 and December 31, 2015, respectively (5,567) (5,548)
Accumulated deficit (214,739) (188,803)
Total stockholders' equity 8,611 33,097
Total liabilities and stockholders' equity $ 449,243 $ 499,191