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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 210,975 $ 181,381
Marketable securities 163,839 165,692
Accounts receivable, net 126,559 87,332
Inventories, net 35,338 26,628
Prepaid expenses and other current assets 20,442 11,611
Total current assets 557,153 472,644
Long term marketable securities 358,673 591,773
Property and equipment, net 17,941 17,068
Operating lease assets 21,289 21,279
Finance lease asset 22,479 0
Intangible assets, net 408,272 24,840
Goodwill 88,095 0
Deferred income tax assets 0 32,063
Other assets 17,118 615
Total assets 1,491,020 1,160,282
Current liabilities    
Accounts payable 5,515 10,141
Accrued product returns and rebates 144,105 107,629
Accrued expenses and other current liabilities 58,818 34,305
Contingent consideration, current portion 23,500 0
Income taxes payable 25,052 2,443
Operating lease liabilities, current portion 3,560 2,825
Finance lease liability, current portion 4,201 0
Nonrecourse liability related to sale of future royalties, current portion 4,525 3,244
Total current liabilities 269,276 160,587
Convertible notes, net 353,349 345,170
Contingent consideration, long term 92,200 0
Nonrecourse liability related to sale of future royalties, long term 16,455 19,248
Operating lease liabilities, long term 30,108 30,440
Finance lease liability, long term 18,382 0
Deferred income tax liabilities 35,716 0
Other liabilities 9,560 9,409
Total liabilities 825,046 564,854
Stockholders’ equity    
Common stock, $0.001 par value; 130,000,000 shares authorized; 52,624,084 and 52,533,348 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 53 53
Additional paid-in capital 398,829 388,410
Accumulated other comprehensive earnings, net of tax 11,359 7,417
Retained earnings 255,733 199,548
Total stockholders’ equity 665,974 595,428
Total liabilities and stockholders’ equity $ 1,491,020 $ 1,160,282