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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2018
Revenue Recognition  
Schedule of disaggregation of revenue by test families

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2018

 

2017

 

2016

(Amounts in thousands)

 

 

 

 

(As Revised)

 

(As Revised)

Sales of genetic tests

 

 

 

 

 

 

 

 

 

Panorama NIPT

 

$

140,932

 

$

128,896

 

$

140,582

HCS

 

 

87,171

 

 

63,467

 

 

56,417

Other genetic tests

 

 

12,263

 

 

11,414

 

 

12,407

Product revenues

 

 

240,366

 

 

203,777

 

 

209,406

Licensing and other

 

 

 

 

 

 

 

 

 

Constellation

 

 

4,844

 

 

4,229

 

 

3,106

Qiagen

 

 

5,794

 

 

 —

 

 

 —

Other

 

 

6,650

 

 

1,619

 

 

 —

Licensing and other revenues

 

 

17,288

 

 

5,848

 

 

3,106

Total revenues

 

$

257,654

 

$

209,625

 

$

212,512

 

Schedule of disaggregation of revenue by payer types

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2018

 

2017

 

2016

(Amounts in thousands)

 

 

 

 

(As Revised)

 

(As Revised)

Insurance carriers

 

$

193,895

 

$

163,861

 

$

157,570

Laboratory partners

 

 

44,062

 

 

36,001

 

 

46,129

Patients

 

 

19,697

 

 

9,763

 

 

8,813

Total revenues

 

$

257,654

 

$

209,625

 

$

212,512

 

Schedule of total revenue by geographic area

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 

 

 

2018

    

2017

    

2016

(Amounts in thousands)

 

 

 

 

(As Revised)

 

(As Revised)

United States

 

$

225,931

 

$

185,533

 

$

188,492

Americas, excluding U.S.

 

 

3,472

 

 

3,028

 

 

2,562

Europe, Middle East, India, Africa

 

 

20,866

 

 

13,998

 

 

14,256

Other

 

 

7,385

 

 

7,066

 

 

7,202

Total

 

$

257,654

 

$

209,625

 

$

212,512

 

Schedule of beginning and ending balances of accounts receivable and deferred revenues

 

 

 

 

 

 

 

 

 

Balance at

 

Balance at

 

 

December 31,

 

December 31,

 

 

2018

 

2017

(Amounts in thousands)

 

 

 

(As Revised)

Assets:

 

 

 

 

 

 

Accounts receivable

 

$

62,223

 

$

44,089

Liabilities:

 

 

 

 

 

 

Deferred revenue, current portion

 

$

4,131

 

$

1,420

Deferred revenue, long-term portion

 

 

40,058

 

 

 —

Total deferred revenues

 

$

44,189

 

$

1,420

 

Schedule of changes in the balance of deferred revenues

 

 

 

 

 

 

Deferred

 

 

Revenues

 

 

(in thousands)

Balance at December 31, 2017

 

$

1,420

Increase in deferred revenues

 

 

43,481

Revenue recognized during the period that was included in
deferred revenues at the beginning of the period

 

 

(712)

Balance at December 31, 2018

 

$

44,189