Acquisitions (Tables)

6 Months Ended

Jun. 30, 2014

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition

Total estimated purchase price is summarized as follows:

	(In thousands)
Upfront cash consideration	$	58,871
Fair value of contingent purchase price	38,800
Total estimated purchase price	$	97,671

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

Below is a summary which details the preliminary allocation of assets acquired and liabilities assumed as a result of this acquisition:

Assets Acquired:	(In thousands)
Cash and cash equivalents	$	837
Inventory	307
Developed product rights	93,900
Goodwill	26,796
Other assets	131
Total assets	$	121,971
Liabilities assumed:
Accounts payable	917
Contingent purchase price	38,800
Deferred tax liability	23,160
Other liabilities	223
Total liabilities	$	63,100
Total cash price paid upon acquisition	$	58,871

Business Acquisition, Pro Forma Information

The pro forma financial information is not necessarily indicative of the results of operations as they would have been had the transaction been effected on the assumed date.

	Three Months Ended June 30,					Six Months Ended June 30,
	2014			2013		2014			2013
	(in thousands, except per share amounts)
Net revenue	$	183,822		$	172,912	$	361,200		$	328,750
Net (loss) income	$	(5,860	)	$	16,037	$	(12,966	)	$	2,406
Basic (loss) income per common share	$	(0.09	)	$	0.29	$	(0.20	)	$	0.04
Diluted (loss) income per common share	$	(0.09	)	$	0.27	$	(0.20	)	$	0.04