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BUSINESS COMBINATIONS AND ACQUISITIONS (Tables)
9 Months Ended
Sep. 30, 2013
BUSINESS COMBINATIONS AND ACQUISITIONS  
Schedule of acquisition-date fair value of the consideration transferred

 

 

 

 

Total Acquisition-
Date Fair Value

 

 

 

(in thousands)

 

Cash transferred, including transaction costs

 

$

694,426

 

Contingent consideration (CVRs)

 

4,603

 

Total consideration transferred

 

$

699,029

 

Summary of estimated fair values of the assets acquired and liabilities assumed

 

 

 

 

September 11,
2013

 

 

 

(in thousands)

 

Cash

 

$

22,697

 

Investments

 

39,513

 

IPR&D

 

659,000

 

Deferred tax assets

 

92,567

 

Goodwill

 

159,442

 

Other assets acquired

 

5,522

 

Total assets acquired

 

978,741

 

Deferred tax liabilities

 

(249,353

)

Other liabilities assumed

 

(30,359

)

Total liabilities assumed

 

(279,712

)

Total net assets acquired

 

$

699,029

 

Schedule of supplemental unaudited pro forma information

 

 

 

 

Nine Months Ended
 September 30,

 

 

 

2013

 

2012

 

 

 

(in thousands)

 

Total revenues, net

 

$

754,701

 

$

689,440

 

Net (loss) income

 

(27,912

)

52,214