XML 78 R63.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Components of the income tax expense/(benefit)      
U.S. corporate income tax rate (as a percent) 21.00% 35.00%  
Current      
Federal $ 26,772 $ 18,288 $ 544
State 5,621 3,822 78
Deferred      
Federal (2,450) 21,493 (39,898)
State (760) (269) (1,576)
Income tax expense/ (benefit) 29,183 43,334 (40,852)
Reconciliation of the expected income tax benefit computed using the federal statutory income tax rate to the Company's effective income tax rate      
Income tax expense computed at U.S. Federal statutory income tax rate 29,437 35,217 17,629
State income taxes 3,674 2,714 (1,523)
Permanent items (2,196) (2,311) 715
Research and development credits (3,199) (2,196) (1,902)
Uncertain income tax position 716 (1,137) 143
Effect of rate changes   9,694  
Change in valuation allowance     (56,019)
Other 751 1,353 105
Income tax expense (benefit) 29,183 43,334 (40,852)
NOLs utilized 18,400    
Research and development credit carryforwards 4,200    
Deferred tax assets:      
Convertible bond hedge 21,412    
Accrued sales deductions 13,205 8,449  
Accrued compensation and stock based compensation 8,218 7,090  
Non-recourse liability related to sale of future royalties 5,571 6,377  
Research and development credits carryforwards 3,817 3,795  
Amortization 3,289 2,073  
Net operating loss carryforwards 2,900 5,072  
Deferred rent 125 211  
Inventory 499 480  
Alternative Minimum Tax (AMT) credit 978 1,613  
Other 1,143 645  
Total deferred tax assets 61,157 35,805  
Less: valuation allowance (9)    
Deferred tax asset, net of valuation allowance 61,148 35,805  
Deferred tax liability:      
Debt discount on 2023 Notes (17,568)    
Infringement legal costs (10,697) (10,557)  
Depreciation (236) (264)  
Section 481(a) (2,964) (4,141)  
Net deferred tax assets 29,683 20,843  
Reconciliation of the beginning and ending amount of gross unrecognized tax benefits      
Balance at the beginning of the period 8,859 9,299 9,341
Gross increases related to current-year tax positions 1,108 1,178 662
Gross decreases related to current-year tax positions     (169)
Gross increases related to prior-year tax positions   947  
Gross decreases related to prior-year tax positions (484)   (375)
Lapse of statute of limitations (635)    
Change in tax rates   (2,565) (160)
Balance at the end of the period 8,848 8,859 9,299
Alternate minimum tax expense on uncertain tax position 600 $ 0 $ 500
Current tax benefit 600    
Tax expense on uncertain tax position 300    
U.S. Federal      
Reconciliation of the expected income tax benefit computed using the federal statutory income tax rate to the Company's effective income tax rate      
NOL carryforwards 20,600    
State      
Reconciliation of the expected income tax benefit computed using the federal statutory income tax rate to the Company's effective income tax rate      
NOL carryforwards $ 9,200