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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net loss $ (81,177) $ (53,916) $ (162,013)
Adjustments to reconcile net loss to net cash used in operating activities:      
Non-cash royalty revenue related to sale of future royalties (22,058) (21,937) (22,055)
Non-cash interest expense on liability related to sale of future royalties 20,619 20,888 22,309
Stock-based compensation 19,669 17,017 17,708
Depreciation and amortization 12,855 12,927 14,275
Loss from redemption premium and incremental interest on 12% senior secured notes 12,500 0 0
Write-off of deferred financing costs on 12% senior secured notes 1,579 0 0
Other non-cash transactions (2,365) (560) 664
Changes in assets and liabilities:      
Accounts receivable, net (16,340) (1,378) 3,576
Inventory 1,606 500 4,817
Other assets (825) (3,294) 6,423
Accounts payable (412) (6,359) 6,199
Accrued compensation 249 (8,505) 5,481
Accrued clinical trial expenses 512 (9,197) (595)
Other accrued expenses (2,278) 273 (1,915)
Interest payable (2,719) 0 (166)
Deferred revenue (17,530) (4,664) (12,399)
Liability related to receipt of refundable milestone payment 0 (70,000) 70,000
Other liabilities 3,032 (13,801) 9,164
Net cash used in operating activities (73,083) (142,006) (38,527)
Cash flows from investing activities:      
Purchases of investments (297,608) (297,251) (268,068)
Maturities of investments 226,923 247,995 319,181
Sales of investments 42,544 21,661 2,887
Release of restricted cash 25,000 0 0
Purchases of property, plant and equipment (11,195) (9,976) (4,091)
Net cash (used in) provided by investing activities (14,336) (37,571) 49,909
Cash flows from financing activities:      
Payment of capital lease obligations (5,187) (3,536) (2,992)
Proceeds from issuance of 7.75% senior secured notes, net of issuance costs 241,262 0 0
Repayment of 12% senior secured notes (125,000) 0 0
Payment of redemption premium and incremental interest on 12% senior secured notes (12,500) 0 0
Repayment of proceeds from sale of future royalties 0 (7,000) (3,000)
Issuance of common stock, net of issuance costs 0 116,536 0
Proceeds from shares issued under equity compensation plans 32,208 46,984 8,208
Net cash provided by financing activities 130,783 152,984 2,216
Effect of exchange rates on cash and cash equivalents (159) (109) 32
Net increase (decrease) in cash and cash equivalents 43,205 (26,702) 13,630
Cash and cash equivalents at beginning of year 12,365 39,067 25,437
Cash and cash equivalents at end of year 55,570 12,365 39,067
Supplemental disclosure of cash flow information:      
Cash paid for interest 20,225 17,445 17,590
Cash paid for income taxes 860 964 1,014
Supplemental schedule of non-cash investing and financing activities:      
Property and equipment acquired through capital leases and other financing $ 93 $ 5,231 $ 2,000