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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 128,797 $ 142,998
Short-term investments 650,386 585,834
Contracts receivable 11,356 3,903
Inventories 6,899 6,290
Investment in Regulus Therapeutics Inc. 24,792 81,881
Other current assets 14,773 15,691
Total current assets 837,003 836,597
Property, plant and equipment, net 90,233 88,958
Patents, net 19,316 17,186
Deposits and other assets 9,553 13,068
Total assets 956,105 955,809
Current liabilities:    
Accounts payable 28,355 17,984
Accrued compensation 16,065 12,302
Accrued liabilities 28,105 30,451
Current portion of long-term obligations 9,029 2,882
Current portion of deferred contract revenue 67,322 51,713
Total current liabilities 148,876 115,332
Long-term deferred contract revenue 134,306 127,797
Long-term obligations, less current portion 2,341 7,669
Long-term financing liability for leased facility 72,217 71,731
Total liabilities 755,315 698,029
Stockholders' equity:    
Common stock, $0.001 par value; 300,000,000 shares authorized, 120,351,480 and 118,442,726 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively 120 118
Additional paid-in capital 1,309,107 1,224,509
Accumulated other comprehensive income (loss) (13,565) 39,747
Accumulated deficit (1,094,872) (1,006,594)
Total stockholders' equity 200,790 257,780
Total liabilities and stockholders' equity 956,105 955,809
1 Percent Convertible Senior Notes [Member]    
Current liabilities:    
Convertible senior notes 347,214 327,486
2 3/4 Percent Convertible Senior Notes [Member]    
Current liabilities:    
Convertible senior notes $ 50,361 $ 48,014