Discontinued Operations - Sale of Commercial Business (Tables)

12 Months Ended

Dec. 31, 2016

Discontinued Operations And Disposal Groups [Abstract]

Schedule of Discontinued Operations and Assets Held for Sale

 Discontinued operations for the years ended December 31, 2016, 2015 and 2014 includes the following:

(in thousands)	Years Ended December 31,
	2016			2015			2014
Revenues:
Product revenues, net	$	53,064		$	4,328		$	—
License and collaboration revenues		87,119			84,930			10,460
Other revenues		4,090			—			—
Total revenues		144,273			89,258			10,460
Costs and expenses:
Cost of revenues		6,912			46			—
Research and development expenses		51,352			39,955			35,185
Selling, general and administrative expenses		48,677			33,747			11,751
Restructuring expenses		146			—			—
Total costs and expenses		107,087			73,748			46,936
Other income and expenses:
Interest expense		(21,196	)		(463	)		—
Income (loss) from discontinued operations	$	15,990		$	15,047		$	(36,476	)
Income tax expense		(13,224	)		(11,215	)		—
Total income (loss) from discontinued operations	$	2,766		$	3,832		$	(36,476	)

Schedule of Carrying Value of Assets and Liabilities Classified as Assets Held for Sale Relates to Commercial Business

The carrying value of the assets and liabilities of the Commercial Business classified as “Assets held for sale” in the condensed consolidated balance sheets are as follows:

(in thousands)	December 31, 2016		December 31, 2015
Assets
Current assets:
Accounts receivable, net	$	17,194	$	6,472
Inventory		14,554		3,717
Prepaid expenses and other current assets		1,547		1,273
Total current assets held for sale		33,295		11,462
Property and equipment, net		1,553		1,814
Intangible assets, net		3,977		4,555
Goodwill		3,605		3,605
Total long-term assets held for sale		9,135		9,974
Liabilities
Current liabilities:
Accounts payable, accrued expenses and other		21,312		15,343
Deferred revenues		36,226		50,137
Total current liabilities held for sale		57,538		65,480
Deferred revenues, net of current portion		25,673		51,197
Total long-term liabilities held for sale		25,673		51,197