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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ (163,513) $ 95,349
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 39,319 40,859
In-process research and development impairment 12,000  
Stock-based compensation 99,287 68,598
Expense related to senior note conversions 54,881  
Other, net 216 325
Unrealized loss (gain) on long term investment 2,343 (20,497)
Change in fair value of acquisition-related contingent consideration (1,914) 10,283
Changes in operating assets and liabilities:    
Accounts receivable (49,587) (6,712)
Prepaid expenses and other assets (32,051) (13,323)
Inventory 4,741 4,439
Accounts payable (5,666) 25,683
Accrued and other liabilities 36,223 15,018
Deferred revenue-collaborative agreements   (9,644)
Net cash (used in) provided by operating activities (3,721) 210,378
Cash flows from investing activities:    
Acquisition of business, net of cash acquired   (142,965)
Purchase of long term investments (123,891)  
Capital expenditures (85,770) (104,405)
Purchases of marketable securities (131,919) (26,921)
Sale and maturities of marketable securities 134,604 77,815
Net cash used in investing activities (206,976) (196,476)
Cash flows from financing activities:    
Restricted investments, net (40) 13,976
Proceeds from issuance of common stock under stock plans 58,554 32,468
Proceeds from issuance of common stock, net 649,387  
Cash paid in connection with senior note conversions (8,934)  
Direct financing arrangements repayments   (445)
Payment of contingent consideration (12,521) (1,226)
Net cash provided by financing activities 686,446 44,773
Effect of exchange rates on cash and cash equivalents (46) (15)
Net increase in cash and cash equivalents 475,703 58,660
Cash and cash equivalents at beginning of period 652,343 [1] 521,439
Cash and cash equivalents at end of period 1,128,046 580,099
Supplemental Schedule of Cash Flow Information    
Interest paid 180 3,892
Income taxes paid 6,187 717
Unpaid purchases of property and equipment 10,774 6,989
0.375% Convertible Senior Notes due 2018    
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Expense related to senior note conversions 1,400  
Supplemental Schedule of Cash Flow Information    
Reclassification to common stock and additional paid in capital in connection with conversions or exchange of convertible senior notes 351,041 5
1.25% Convertible Senior Notes due 2020    
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Expense related to senior note conversions 5,100  
Supplemental Schedule of Cash Flow Information    
Reclassification to common stock and additional paid in capital in connection with conversions or exchange of convertible senior notes $ 330,011 $ 4
[1] The condensed consolidated balance sheet at December 31, 2016 has been derived from the audited financial statements at that date.