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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Summary in changes in contract liabilities
The following table summarizes changes in the Company’s contract liabilities for the three months ended March 31, 2018:
 
Balance at January 1, 2018 (ASC 606 adoption)
 
Additions
 
Deductions
 
Balance at
March 31, 2018
 
(in thousands)
Three Months Ended March 31, 2018
 
 
 
 
 
 
 
Contract liabilities:
 
 
 
 
 
 
 
Other liabilities, current portion
$
1,654

 
$
12,983

 
$

 
$
14,637

Schedule of disaggregation of revenue
Product revenues, net consisted of the following:
 
Three Months Ended March 31,
 
2018 (as reported under ASC 606)
 
2017 (as reported under ASC 605)
 
(in thousands)
KALYDECO
$
249,539

 
$
185,715

ORKAMBI
354,066

 
294,861

SYMDEKO
34,124

 

Other

 
46

Total product revenues, net
$
637,729

 
$
480,622

Total revenues from external customers and collaborators by geographic region consisted of the following:
 
Three Months Ended March 31,
 
2018 (as reported under ASC 606)
 
2017 (as reported under ASC 605)
 
(in thousands)
United States
$
482,667

 
$
599,126

Outside of the United States
 
 
 
Europe
131,895

 
92,358

Other
26,237

 
23,234

Total revenues outside of the United States
158,132

 
115,592

Total revenues
$
640,799

 
$
714,718