XML 23 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows From Operating Activities:    
Net loss $ (2,074) $ (44,398)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 13,993 13,961
Stock-based compensation 9,211 7,207
Accretion of debt discount on 2018 Convertible Notes, recorded to interest expense (Note 13) 1,079 2,794
Amortization of deferred financing costs on 2018 Convertible Notes, recorded to interest expense (Note 13) 124 321
Unrealized gains from transactions denominated in foreign currency 10 (15)
Change in cash surrender value of corporate-owned life insurance policy (5) (153)
Deferred tax liabilities 9 127
Income tax recognition on unrealized gain for available-for-sale securities 0 0
Unrealized gains on marketable securities (Note 3(a)) (58,634) 0
Change in fair value of contingent consideration related to the Talon and EVOMELA acquisitions (Note 9) 483 294
Changes in operating assets and liabilities:    
Accounts receivable, net 5,087 (2,105)
Other receivables (781) 1,299
Inventories 816 428
Prepaid expenses 1,167 (439)
Other assets 3,451 863
Accounts payable and other accrued obligations (8,210) 3,519
Accrued payroll and benefits (4,314) (2,737)
FOLOTYN development liability (195) (567)
Deferred revenue 0 (700)
Other long-term liabilities (464) 847
Net cash used in operating activities (39,247) (19,454)
Cash Flows From Investing Activities:    
Proceeds from redemption of corporate-owned life insurance policy 4,130 0
Payment for corporate-owned life insurance premiums 0 (601)
Redemption of mutual funds 0 (1)
Purchases of property and equipment (46) (167)
Net cash provided by (used in) investing activities 4,084 (769)
Cash Flows From Financing Activities:    
Proceeds from employees for exercises of stock options 4,804 1,010
Proceeds from sale of stock under employee stock purchase plan 734 406
Proceeds from employees, for our remittance to tax authorities, related to employee vesting of restricted stock and stock option exercises 4,645 0
Payments to tax authorities related to employee surrender of vested restricted stock and stock option exercises (27,686) (1,284)
Net cash (used in) provided by financing activities (17,503) 132
Effect of exchange rates on cash and equivalents (286) 182
Net decrease in cash and cash equivalents (52,952) (19,909)
Cash and cash equivalents—beginning of period 227,323 158,222
Cash and cash equivalents—end of period 174,371 138,313
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 27 10
Cash paid for interest $ 558 $ 1,513