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INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2015
INCOME TAXES  
Schedule of significant components of the entity's deferred tax assets

                                                                                                                                                                                            

 

 

December 31,

 

 

 

2015

 

2014

 

 

 

(In thousands)

 

Net operating loss carryforwards

 

$

276,100

 

$

281,300

 

Research credits

 

 

25,000

 

 

23,400

 

Capitalized research and development

 

 

1,400

 

 

2,100

 

License fees

 

 

300

 

 

500

 

Other—net

 

 

9,800

 

 

7,600

 

​  

​  

​  

​  

Total deferred tax assets

 

 

312,600

 

 

314,900

 

Valuation allowance for deferred tax assets

 

 

(312,600

)

 

(314,900

)

​  

​  

​  

​  

Net deferred tax assets

 

$

 

$

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of reconciliation of the beginning and ending amounts of unrecognized tax benefits

        A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows (in thousands):

                                                                                                                                                                                    

Balance as of December 31, 2014

 

$

17,100 

 

Increase related to prior year tax positions

 

 

2,300 

 

Increase related to current year tax positions

 

 

700 

 

Settlements

 

 

 

Reductions due to lapse of applicable statute of limitations

 

 

 

​  

​  

Balance as of December 31, 2015

 

$

20,100 

 

​  

​  

​  

​