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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 161,788 $ 114,898
Cash flows from operating activities:    
Depreciation of property and equipment 3,681 1,897
Amortization of intangible assets 5,213 4,930
Amortization of operating lease right-of-use assets 2,120 1,354
Stock-based compensation 24,404 13,900
Other (298) 337
Changes in operating assets and liabilities:    
Accounts and accrued research fees receivable (6,963) (28,339)
Accrued royalties receivable 106,583 172,768
Income taxes payable 52,251 (30,330)
Accounts payable and accrued liabilities (1,882) (3,640)
Deferred revenue (2,979) 4,848
Accrued royalties payable 28,049 (3,623)
Deferred grant revenue 5,406 22,349
Other assets (4,139) (4,121)
Net cash provided by operating activities 373,234 267,228
Cash flows from investing activities:    
Purchases of property and equipment (45,817) (40,448)
Purchase of marketable securities (134,306)  
Proceeds from marketable securities 145,808  
Receipt of grant funding 8,098 4,520
Long-term investments and other assets (11,657) (5,034)
Investment in and loans to equity accounted investees (15,694) (20,510)
Net cash used in investing activities (53,568) (61,472)
Cash flows from financing activities:    
Repayment of long-term debt and contingent consideration (73) (4,373)
Proceeds from debt and exercise of stock options 2,175 2,755
Payment of liability for in-licensing agreement (4,060) (5,000)
Net cash used in financing activities (1,958) (6,618)
Effect of exchange rate changes on cash and cash equivalents (1,411) (683)
Increase in cash and cash equivalents 316,297 198,455
Cash and cash equivalents and restricted cash, beginning of period 501,142 594,116
Cash and cash equivalents and restricted cash, end of period 817,439 792,571
Restricted cash included in other assets (1,824)  
Total cash, cash equivalents and restricted cash shown in the statement of cash flows 815,615 792,571
Supplemental disclosure of non-cash investing and financing activities    
Property plant and equipment in accounts payable 2,146  
Right-of-use assets obtained in exchange for operating lease obligation $ (796) $ 29,573