XML 61 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues:    
Product sales, net $ 38,413us-gaap_SalesRevenueGoodsNet $ 40,096us-gaap_SalesRevenueGoodsNet
License fees and service revenue 205us-gaap_LicenseAndServicesRevenue 28us-gaap_LicenseAndServicesRevenue
Total revenues 38,618us-gaap_SalesRevenueNet 40,124us-gaap_SalesRevenueNet
Operating costs and expenses:    
Cost of product sales (excludes amortization of intangible assets) 7,071sppi_CostOfSalesExcludingAmortizationExpense 6,278sppi_CostOfSalesExcludingAmortizationExpense
Selling, general and administrative 23,335us-gaap_SellingGeneralAndAdministrativeExpense 23,403us-gaap_SellingGeneralAndAdministrativeExpense
Research and development 15,851us-gaap_ResearchAndDevelopmentExpense 29,497us-gaap_ResearchAndDevelopmentExpense
Amortization and impairment of intangible assets 14,022us-gaap_CostOfGoodsSoldAmortization 5,360us-gaap_CostOfGoodsSoldAmortization
Total costs and operating expenses 60,279us-gaap_CostsAndExpenses 64,538us-gaap_CostsAndExpenses
Loss from operations (21,661)us-gaap_OperatingIncomeLoss (24,414)us-gaap_OperatingIncomeLoss
Other expenses:    
Interest expense, net (2,228)us-gaap_InterestIncomeExpenseNet (2,067)us-gaap_InterestIncomeExpenseNet
Change in fair value of contingent consideration related to acquisitions (500)sppi_ChangeOfBusinessAcquisitionContingentConsiderationAtFairValue (724)sppi_ChangeOfBusinessAcquisitionContingentConsiderationAtFairValue
Other expense, net (1,035)us-gaap_OtherNonoperatingIncomeExpense (358)us-gaap_OtherNonoperatingIncomeExpense
Total other expenses (3,763)us-gaap_NonoperatingIncomeExpense (3,149)us-gaap_NonoperatingIncomeExpense
Loss before income taxes (25,424)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (27,563)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes (138)us-gaap_IncomeTaxExpenseBenefit (78)us-gaap_IncomeTaxExpenseBenefit
Net loss $ (25,562)us-gaap_ProfitLoss $ (27,641)us-gaap_ProfitLoss
Net loss per share:    
Basic and diluted ($ per share) $ (0.39)us-gaap_EarningsPerShareBasicAndDiluted $ (0.44)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average shares outstanding:    
Basic and diluted (shares) 64,880,677us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 63,447,309us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted