Accounts Payable and Accured Liabilities

6 Months Ended

Jun. 30, 2014

Accounts Payable and Accrued Liabilities

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

At June 30, 2014 and December 31, 2013, accounts payable and accrued liabilities consisted of the following (in thousands):



	June 30, 2014		December 31, 2013
Compensation and benefit-related liabilities (1)	$	13,772	$	22,193
Royalties	13,272		13,512
Accounts payable	4,144		4,219
Purchase of unrestricted common stock (2)	2,560		1,937
Facilities	1,964		1,824
Legal	1,474		1,602
Market linkage	1,847		1,157
Other	8,776		6,514
Total	$	47,809	$	52,958

(1) The variance in compensation and benefit-related liabilities is primarily the result of the payment of 2013 annual incentive compensation in the first quarter of 2014, partially offset by the accrual of 2014 annual compensation expense through the six months ended June 30, 2014.

(2) Reflects shares purchased at the end of the period that are not settled until three days after the trade occurs.