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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2017
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
For the three and six months ended June 30, 2017, the potential dilutive common stock equivalents have been excluded from the computation of diluted earnings (loss) per share, as their effect would have been anti-dilutive.
 
(in thousands except shares and per share data) 
 
 
Three months ended June 30,
 
Six months ended June 30,
 
2017
 
2016
 
2017
 
2016
Basic earnings (loss) per share computation:
 

 
 

 
 

 
 

Net loss - basic
$
(919
)
 
$
(2,901
)
 
$
(88
)
 
$
(3,851
)
Weighted average common shares - basic
53,304,407

 
53,059,799

 
53,250,109

 
53,045,576

Basic and diluted loss per share
$
(0.02
)
 
$
(0.05
)
 
$
0.00

 
$
(0.07
)
Product Sales, Net
Product Sales, net, include Company Product Sales and Contract Manufacturing Sales, as follows:

Product Sales, Net
(in thousands)
 
 
Three months ended June 30,
 
Six months ended June 30,
 
2017
 
2016
 
2017
 
2016
Company product sales
$
15,888

 
$
11,093

 
$
32,324

 
$
20,284

Contract manufacturing sales
2,407

 
5,932

 
5,824

 
12,163

Product sales, net
$
18,295

 
$
17,025

 
$
38,148

 
$
32,447

Gross-To-Net Sales Deductions
Gross-To-Net Sales Deductions
(in thousands)
 
Three months ended June 30,
 
Six months ended June 30,
 
2017
 
2016
 
2017
 
2016
Gross Company product sales
$
66,744

 
$
44,563

 
$
121,044

 
$
71,386

Reduction to gross Company product sales:
 

 
 

 
 

 
 

Chargebacks and billbacks
44,090

 
27,059

 
74,105

 
39,404

Sales discounts and other allowances
6,766

 
6,411

 
14,615

 
11,698

Total reduction to gross product sales
50,856

 
33,470

 
88,720

 
51,102

 
 
 
 
 
 
 
 
Company product sales, net
$
15,888

 
$
11,093

 
$
32,324

 
$
20,284

Schedule Of Property, Plant and Equipment Useful Lives
Depreciation and amortization of property, plant and equipment is provided for under the straight-line method over the assets’ estimated useful lives as follows:
 
Useful Lives
Buildings and Improvements
10 - 30 years
Machinery and Equipment
3 - 10 years