XML 22 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
Property and Equipment
6 Months Ended
Jun. 30, 2017
Property Plant And Equipment [Abstract]  
Property and Equipment

3. Property and Equipment

Property and equipment consist of the following (in thousands):

 

 

 

As of

 

 

 

June 30, 2017

 

 

December 31, 2016

 

Lab equipment and machinery (1)

 

$

58,802

 

 

$

58,289

 

Leasehold improvements

 

 

6,248

 

 

 

6,246

 

Computer equipment and software

 

 

4,870

 

 

 

4,640

 

Furniture and fixtures

 

 

221

 

 

 

219

 

Construction in progress

 

 

379

 

 

 

590

 

Total property and equipment

 

 

70,520

 

 

 

69,984

 

Less accumulated depreciation

 

 

(61,891

)

 

 

(59,020

)

Property and equipment, net

 

$

8,629

 

 

$

10,964

 

 

(1)

Includes $80,000 and $90,000 (in net book value) of lab equipment and machinery acquired under capital leases, as of June 30, 2017 and December 31, 2016, respectively. See Note 5 for detailed lease information.

The following table presents depreciation expense included in the Condensed Consolidated Statement of Operations and includes amortization of leasehold improvements (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

Depreciation expense

 

$

1,394

 

 

$

1,587

 

 

$

2,865

 

 

$

3,224