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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 87,344 $ 192,248
Marketable securities 171,222 163,770
Accounts receivable, net 84,564 102,922
Inventories, net 26,024 25,659
Prepaid expenses and other current assets 21,757 8,888
Total current assets 390,911 493,487
Long term marketable securities 593,754 418,798
Property and equipment, net 4,028 4,095
Intangible assets, net 28,787 31,368
Lease assets 19,639  
Deferred income taxes 25,975 29,683
Other assets 581 380
Total assets 1,063,675 977,811
Current liabilities    
Accounts payable 4,081 3,195
Accrued product returns and rebates 95,934 107,063
Accrued expenses and other current liabilities 38,614 36,535
Income taxes payable 2,674 12,377
Non-recourse liability related to sale of future royalties, current portion 2,668 2,183
Total current liabilities 143,971 161,353
Convertible notes, net 337,210 329,462
Non-recourse liability related to sale of future royalties, long term 21,100 22,575
Lease liabilities, long term 27,535  
Other liabilities 10,955 11,398
Total liabilities 540,771 524,788
Stockholders’ equity    
Common stock, $0.001 par value, 130,000,000 shares authorized 52,449,036 and 52,316,583 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 52 52
Additional paid-in capital 379,369 369,637
Accumulated other comprehensive earnings (loss), net of tax 5,924 (3,158)
Retained earnings 137,559 86,492
Total stockholders’ equity 522,904 453,023
Total liabilities and stockholders’ equity $ 1,063,675 $ 977,811