Discontinued Operations - Sale of Commercial Business (Tables)

12 Months Ended

Dec. 31, 2017

Discontinued Operations And Disposal Groups [Abstract]

Schedule of Discontinued Operations and Assets Held for Sale

Discontinued operations for the years ended December 31, 2017, 2016 and 2015 includes the following:

(in thousands)	Years Ended December 31,
	2017			2016			2015
Revenues:
Product revenues, net	$	16,135		$	53,064		$	4,328
License and collaboration revenues		7,797			87,119			84,930
Other revenues		1,973			4,090			—
Total revenues		25,905			144,273			89,258
Costs and expenses:
Cost of revenues		3,890			6,912			46
Research and development expenses		3,002			51,352			39,955
Selling, general and administrative expenses		10,907			48,677			33,747
Restructuring expenses		9,535			146			—
Total costs and expenses		27,334			107,087			73,748
Other income and expenses:
Interest expense		(6,743	)		(21,196	)		(463	)
Gain on sale of Commercial Business		601,670			—			—
Income from discontinued operations	$	593,498		$	15,990		$	15,047
Income tax expense		(46,626	)		(13,224	)		(11,215	)
Total income from discontinued operations	$	546,872		$	2,766		$	3,832

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 consolidated balance sheets are as follows:

(in thousands)	December 31, 2016
Assets
Current assets:
Accounts receivable, net	$	17,194
Inventory		14,554
Prepaid expenses and other current assets		1,547
Total current assets held for sale		33,295
Property and equipment, net		1,553
Intangible assets, net		3,977
Goodwill		3,605
Total long-term assets held for sale		9,135
Liabilities
Current liabilities:
Accounts payable, accrued expenses and other		21,312
Deferred revenues		36,226
Total current liabilities held for sale		57,538
Deferred revenues, net of current portion		25,673
Total long-term liabilities held for sale		25,673