XML 29 R16.htm IDEA: XBRL DOCUMENT v3.19.2
Product Revenue Reserves and Allowances
 6 Months Ended
Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Product Revenue Reserves and Allowances Product Revenue Reserves and Allowances
To date, the Company’s only source of product revenue has been from the U.S. sales of TYMLOS, which it began shipping to customers in May 2017. The following table summarizes activity in each of the product revenue allowance and reserve categories for the six months ended June 30, 2019 and 2018 (in thousands):
 
Chargebacks, Discounts, and Fees
 
Government and other rebates
 
Returns
 
Total
Ending balance at December 31, 2017
$
1,986

 
$
1,231

 
$
421

 
$
3,638

Provision related to sales in the current year
5,799

 
8,680

 
221

 
14,700

Adjustments related to prior period sales
55

 
(160
)
 
(111
)
 
(216
)
Credits and payments made
(5,002
)
 
(4,528
)
 
(196
)
 
(9,726
)
Ending balance at June 30, 2018
$
2,838

 
$
5,223

 
$
335

 
$
8,396

 
 
 
 
 
 
 
 
Ending balance at December 31, 2018
$
3,198

 
$
7,620

 
$
411

 
$
11,229

Provision related to sales in the current year
13,034

 
30,294

 
493

 
43,821

Adjustments related to prior period sales
(16
)
 
(183
)
 
(141
)
 
(340
)
Credits and payments made
(11,971
)
 
(23,690
)
 
(268
)
 
(35,929
)
Ending balance at June 30, 2019
$
4,245

 
$
14,041

 
$
495

 
$
18,781


Chargebacks, discounts, fees, and returns are recorded as reductions of trade receivables, net on the condensed consolidated balance sheets. Government and other rebates are recorded as a component of accrued expenses and other current liabilities on the condensed consolidated balance sheets.