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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 204,293 $ 181,381
Marketable securities 147,657 165,692
Accounts receivable, net 133,107 87,332
Inventories, net 42,465 26,628
Prepaid expenses and other current assets 24,493 11,611
Total current assets 552,015 472,644
Long term marketable securities 388,185 591,773
Property and equipment, net 17,395 17,068
Operating lease assets 21,019 21,279
Finance lease asset 21,676 0
Intangible assets, net 402,265 24,840
Goodwill 89,143 0
Deferred income tax assets 0 32,063
Other assets 18,324 615
Total assets 1,510,022 1,160,282
Current liabilities    
Accounts payable 11,193 10,141
Accrued product returns and rebates 136,973 107,629
Accrued expenses and other current liabilities 56,289 34,305
Contingent consideration, current portion 82,900 0
Income taxes payable 0 2,443
Operating lease liabilities, current portion 3,741 2,825
Finance lease liability, current portion 3,612 0
Nonrecourse liability related to sale of future royalties, current portion 4,898 3,244
Total current liabilities 299,606 160,587
Convertible notes, net 357,521 345,170
Contingent consideration, long term 33,000 0
Nonrecourse liability related to sale of future royalties, long term 14,960 19,248
Operating lease liabilities, long term 29,522 30,440
Finance lease liability, long term 19,289 0
Deferred income tax liabilities 37,941 0
Other liabilities 9,304 9,409
Total liabilities 801,143 564,854
Stockholders’ equity    
Common stock, $0.001 par value; 130,000,000 shares authorized; 52,670,121 and 52,533,348 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 53 53
Additional paid-in capital 403,396 388,410
Accumulated other comprehensive earnings, net of tax 9,700 7,417
Retained earnings 295,730 199,548
Total stockholders’ equity 708,879 595,428
Total liabilities and stockholders’ equity $ 1,510,022 $ 1,160,282