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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities      
Net earnings $ 57,284 $ 91,221 $ 13,944
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Loss on extinguishment of debt 295 671 2,338
Change in fair value of derivative liability (76) (448) (193)
Depreciation and amortization 8,132 2,399 921
Amortization of deferred financing costs and debt discount 50 278 687
Amortization of premium/discount on marketable securities (563) 242 61
Non-cash interest expense on non-recourse liability related to sale of future royalties 1,434 4,548 3,541
Non-cash royalty revenue (5,283) (4,686) (3,038)
Share-based compensation expense 8,433 5,926 4,090
Deferred income tax provision 21,224 (41,787)  
Changes in operating assets and liabilities:      
Accounts receivable (24,059) (15,619) (8,638)
Inventories 497 (4,214) 854
Prepaid expenses and other current assets (3,566) 2,306 (1,582)
Accounts payable (620) 3,470 2,061
Accrued sales deductions 26,400 15,149 18,333
Accrued expenses 2,888 7,539 507
Income taxes payable 15,931 7  
Deferred licensing revenue (274) 144 149
Other non-current liabilities 6,513 (334) 489
Net cash provided by operating activities 114,640 66,812 34,524
Cash flows from investing activities      
Purchases of marketable securities (101,889) (47,364) (63,859)
Sales and maturities of marketable securities 28,657 31,824 37,581
Purchases of property, plant and equipment (2,029) (1,603) (2,104)
Deferred legal fees (11,154) (18,821) (10,907)
Net cash used in investing activities (86,415) (35,964) (39,289)
Cash flows from financing activities      
Proceeds from issuance of common stock 5,681 2,052 1,867
Net cash provided by financing activities 5,681 2,052 1,867
Net change in cash and cash equivalents 33,906 32,900 (2,898)
Cash and cash equivalents at beginning of year 66,398 33,498 36,396
Cash and cash equivalents at end of year 100,304 66,398 33,498
Supplemental cash flow information:      
Cash paid for interest 134 493 825
Income taxes paid 1,588    
Noncash financial activity:      
Conversion of convertible notes and interest make-whole 4,548 4,162 27,089
Exercise of warrants     652
Deferred legal fees included in accounts payable and accrued expenses 521 $ 5,122 $ 9,789
Unsettled purchase of marketable securities included in accrued expenses $ 1,004