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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 116,889 $ 192,248
Marketable securities 179,808 163,770
Accounts receivable, net 86,699 102,922
Inventories, net 25,504 25,659
Prepaid expenses and other current assets 18,182 8,888
Total current assets 427,082 493,487
Long term marketable securities 596,442 418,798
Property and equipment, net 9,977 4,095
Intangible assets, net 26,101 31,368
Lease assets 18,780  
Deferred income taxes 27,953 29,683
Other assets 574 380
Total assets 1,106,909 977,811
Current liabilities    
Accounts payable 3,090 3,195
Accrued product returns and rebates 98,050 107,063
Accrued expenses and other current liabilities 40,800 36,535
Income taxes payable 4,818 12,377
Nonrecourse liability related to sale of future royalties, current portion 2,959 2,183
Total current liabilities 149,717 161,353
Convertible notes, net 341,163 329,462
Nonrecourse liability related to sale of future royalties, long term 20,305 22,575
Lease liabilities, long term 27,256  
Other liabilities 11,211 11,398
Total liabilities 549,652 524,788
Stockholders’ equity    
Common stock, $0.001 par value; 130,000,000 shares authorized; 52,462,936 and 52,316,583 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 52 52
Additional paid-in capital 383,525 369,637
Accumulated other comprehensive earnings (loss), net of tax 7,261 (3,158)
Retained earnings 166,419 86,492
Total stockholders’ equity 557,257 453,023
Total liabilities and stockholders’ equity $ 1,106,909 $ 977,811