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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 84,228 $ 66,654
Accounts receivable, net of allowance of $1,169 and $116 at December 31, 2012 and 2011, respectively 38,109 38,465 [1]
Inventories 10,424 11,141 [1]
Restricted cash and investments 2,759  
Prepaid expenses and other current assets 1,809 1,646
Deferred tax assets   1,788
Total current assets 137,329 119,694
Property and equipment, net 1,377 984
Deferred tax assets, noncurrent 369  
Restricted investments   364
Intangible assets, net   45,185
Goodwill 34,313 33,868 [2]
Other assets 683 749
Total assets 174,071 200,844
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 7,787 5,592
Accrued and other current liabilities 21,427 18,357 [2]
Deferred tax liabilities, current 153  
Short-term borrowings on credit facilities 1,445 2,500
Total current liabilities 30,812 26,449
Contingent consideration, non-current   15,400
Deferred tax liabilities   8,407
Other long-term liabilities 237 469
Commitments and contingencies      
Stockholders' equity:    
Preferred stock; $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding      
Common stock; $0.001 par value; 100,000,000 shares authorized; 54,484,053 and 57,847,367 shares issued and outstanding at December 31, 2012 and 2011, respectively 54 58
Additional paid-in capital 274,387 266,913
Accumulated other comprehensive income 2,988 2,344
Accumulated deficit (134,407) (119,196)
Total stockholders' equity 143,022 150,119
Total liabilities and stockholders' equity $ 174,071 $ 200,844
[1] Accounts receivable decreased $3.8 million and inventory increased $2.3 million related to the Company changing from the “sell-in” method to the “sell-through” method of revenue recognition for certain Pfizer products sold by the Company.
[2] Goodwill increased $1.0 million and accrued and other current liabilities increased $1.0 million related to the Company recording a liability for expired product that existed at the time of the NovaMed acquisition, related to pre-acquisition Aggrastat product sales. Goodwill also increased $0.9 million related to the Company changing from the “sell-in” method to the “sell-through” method of revenue recognition for certain Pfizer products sold by the Company.