XML 26 R28.htm IDEA: XBRL DOCUMENT v3.20.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
Stock-based compensation expense for options granted, RSAs, PSAs, RSUs and SARs is reflected in the condensed consolidated statements of operations and comprehensive loss as follows:
 THREE MONTHS ENDED 
MARCH 31,
(in thousands)20202019
Cost of goods sold$497  $—  
Selling, general and administrative6,908  9,121  
Pre-approval commercial manufacturing294  849  
Research and development2,830  2,650  
Total$10,529  $12,620  
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, 20198,425,551  $29.06  
Granted412,417  20.94  
Exercised(11,684) 14.06  
Canceled(125,121) 41.16  
Options outstanding at March 31, 20208,701,163  $28.52  6.6$15,408  
Options exercisable at March 31, 20205,750,958  $25.00  5.4$15,408  
Restricted Stock and Restricted Stock Units Activity
The following table summarizes the RSAs, including PSAs, activity under the Plans:
NUMBER OF
SHARES
WEIGHTED AVERAGE
FAIR VALUE PER SHARE
Non-vested RSAs at December 31, 2019754,415  $43.07  
Granted82,492  21.13  
Vested(184,436) 44.27  
Canceled(18,606) 43.36  
Non-vested RSAs at March 31, 2020633,865  $39.86  
Share-based Payment Arrangement, Stock Appreciation Right, Activity
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, 2019163,016  $41.70  
Granted12,000  18.51  
Canceled(15,619) 41.70  
SARs outstanding at March 31, 2020159,397  $18.51  3.8$ 
SARs exercisable at March 31, 202032,610  $52.03  3.2$—