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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income (loss) $ 779,525,000 $ (62,866,000)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Non-cash royalty revenue related to sale of future royalties (24,337,000) (21,367,000)
Non-cash interest expense on liability related to sale of future royalties 14,808,000 13,535,000
Stock-based compensation 63,895,000 25,118,000
Depreciation and amortization 7,799,000 12,081,000
Other non-cash transactions (8,136,000) (1,370,000)
Changes in operating assets and liabilities:    
Accounts receivable, net (16,179,000) 12,364,000
Inventory (2,570,000) (2,545,000)
Other assets (22,087,000) (2,036,000)
Accounts payable 2,611,000 5,729,000
Accrued compensation 19,659,000 808,000
Accrued clinical trial expenses 12,505,000 (958,000)
Other accrued expenses 14,098,000 4,971,000
Deferred revenue (10,931,000) 15,477,000
Other liabilities 5,104,000 1,046,000
Net cash provided by (used in) operating activities 835,764,000 (13,000)
Cash flows from investing activities:    
Purchases of investments (1,944,178,000) (314,439,000)
Maturities of investments 467,658,000 261,112,000
Sales of investments 11,963,000 8,823,000
Purchases of property, plant and equipment (5,552,000) (7,283,000)
Sales of property, plant and equipment 2,633,000 0
Net cash used in investing activities (1,467,476,000) (51,787,000)
Cash flows from financing activities:    
Payment of capital lease obligations 0 (2,159,000)
Issuance of common stock 790,231,000 0
Proceeds from shares issued under equity compensation plans 59,067,000 32,275,000
Net cash provided by financing activities 849,298,000 30,116,000
Effect of exchange rates on cash and cash equivalents (87,000) 11,000
Net increase (decrease) in cash and cash equivalents 217,499,000 (21,673,000)
Cash and cash equivalents at beginning of period 4,762,000 59,640,000
Cash and cash equivalents at end of period 222,261,000 37,967,000
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 14,701,000 $ 14,989,000