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Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
Stock-based compensation expense for options granted, RSAs, PSAs, RSUs, SARs and stock purchase rights are reflected in the consolidated statements of operations and comprehensive loss as follows:
 
YEAR ENDED DECEMBER 31,
(in thousands)
2019
 
2018
 
2017
Selling, general and administrative
$
30,463

 
$
26,432

 
$
18,613

Pre-approval commercial manufacturing
3,634

 
2,622

 
1,359

Research and development
10,996

 
9,674

 
6,106

Total
$
45,093

 
$
38,728

 
$
26,078


Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions
Weighted average assumptions utilized in the fair value calculation for options to purchase common stock as of December 31, 2019, 2018 and 2017 are as follows: 
 
YEAR ENDED
DECEMBER 31,
 
2019
 
2018
 
2017
Expected term (years)
6.0

 
6.0

 
6.0

Expected stock price volatility
74
%
 
78
%
 
84
%
Risk-free interest rate
1.9
%
 
2.7
%
 
2.0
%
Dividend yield
%
 
%
 
%

Schedule of Stock Options Activity
The following table summarizes the stock option activity under the Plans:
 
NUMBER OF
SHARES
 
WEIGHTED AVERAGE
EXERCISE PRICE
 
WEIGHTED
AVERAGE
REMAINING
CONTRACTUAL
LIFE (YEARS)
 
AGGREGATE
INTRINSIC
VALUE
(000’s)
Options outstanding at December 31, 2018
6,935,119

 
$
28.96

 
 
 
 
Granted
2,252,643

 
31.37

 
 
 
 
Exercised
(287,148
)
 
16.29

 
 
 
 
Canceled
(474,572
)
 
46.45

 
 
 
 
Expired
(491
)
 
0.41

 
 
 
 
Options outstanding at December 31, 2019
8,425,551

 
$
29.06

 
6.7
 
$
42,107

Options exercisable at December 31, 2019
5,469,307

 
$
24.23

 
5.5
 
$
40,598


Schedule of Stock Options Outstanding and Exercisable Option Plans
The following table provides additional information about stock options that are outstanding and exercisable at December 31, 2019:
EXERCISE
PRICE
 
OPTIONS
OUTSTANDING
 
WEIGHTED
AVERAGE
REMAINING
CONTRACTUAL
LIFE (YEARS)
 
OPTIONS
EXERCISABLE
$0.20 - $10.00
 
1,454,195

 
3.5
 
1,454,195

$10.01 - $20.00
 
1,067,692

 
6.5
 
855,530

$20.01 - $30.00
 
2,597,369

 
6.8
 
1,558,247

$30.01 - $45.00
 
1,283,424

 
7.7
 
698,592

$45.01 - $55.00
 
1,233,270

 
8.3
 
513,798

$55.01 - $73.10
 
789,601

 
8.2
 
388,945

 
 
8,425,551

 
 
 
5,469,307


Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table summarizes the RSA, including PSAs, activity under the Plans: 
 
NUMBER OF
SHARES
 
WEIGHTED AVERAGE
FAIR VALUE PER SHARE
Nonvested RSAs at December 31, 2018
572,706

 
$
48.18

Granted
519,167

 
40.07

Vested
(214,276
)
 
45.76

Canceled
(123,182
)
 
49.64

Nonvested RSAs at December 31, 2019
754,415

 
$
43.07


Schedule of Stock Appreciation Rights
The following table summarizes the SARs activity under the Plans:
 
NUMBER OF
SHARES
 
WEIGHTED AVERAGE
EXERCISE PRICE
 
WEIGHTED
AVERAGE
REMAINING
CONTRACTUAL
LIFE (YEARS)
 
AGGREGATE
INTRINSIC
VALUE
(000’s)
SARs outstanding at December 31, 2018
91,000

 
$
53.75

 
 
 
 
Granted
113,851

 
33.73

 
 
 
 
Exercised

 

 
 
 
 
Canceled
(41,835
)
 
46.21

 
 
 
 
SARs outstanding at December 31, 2019
163,016

 
$
41.70

 
3.9
 
$
25

SARs exercisable at December 31, 2019
18,000

 
$
53.68

 
3.3
 
$