XML 56 R46.htm IDEA: XBRL DOCUMENT v3.22.1
Debt - Narrative (Details)
1 Months Ended 3 Months Ended 12 Months Ended 48 Months Ended
Feb. 25, 2020
USD ($)
Jan. 30, 2013
USD ($)
May 31, 2021
USD ($)
shares
Feb. 28, 2019
USD ($)
day
$ / shares
shares
Feb. 28, 2018
USD ($)
$ / shares
Nov. 30, 2015
USD ($)
Jan. 31, 2013
Mar. 31, 2022
USD ($)
day
institution
shares
Dec. 31, 2021
USD ($)
institution
shares
Dec. 31, 2016
USD ($)
shares
Jan. 01, 2022
USD ($)
Mar. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Feb. 01, 2019
USD ($)
Debt Instrument [Line Items]                            
Credit line capacity               $ 103,204,000            
Amounts outstanding under line of credit               16,531,000 $ 13,672,000          
Equity               1,614,884,000 1,685,126,000     $ 1,696,514,000 $ 1,671,551,000  
Remaining principal               230,264,000 205,272,000          
Goodwill               $ 519,052,000 $ 520,601,000   $ 710,408,000      
Number of financial institutions | institution               13 13          
Retained Earnings                            
Debt Instrument [Line Items]                            
Equity               $ (1,549,951,000) $ (1,511,976,000)     (1,450,755,000) (1,481,833,000)  
Additional Paid-in Capital                            
Debt Instrument [Line Items]                            
Equity               3,191,139,000 3,222,487,000     $ 3,155,648,000 $ 3,152,694,000  
Cumulative Effect, Period of Adoption, Adjustment                            
Debt Instrument [Line Items]                            
Equity                 (21,642,000)   21,600,000      
Cumulative Effect, Period of Adoption, Adjustment | Retained Earnings                            
Debt Instrument [Line Items]                            
Equity                 17,458,000   17,500,000      
Cumulative Effect, Period of Adoption, Adjustment | Additional Paid-in Capital                            
Debt Instrument [Line Items]                            
Equity                 $ (39,100,000)   $ (39,100,000)      
BioReference                            
Debt Instrument [Line Items]                            
Net assets               1,037,100,000            
Goodwill               283,000,000            
Intangible assets               $ 199,500,000            
OPKO Health Europe                            
Debt Instrument [Line Items]                            
Weighted average interest rate               1.50% 1.50%          
Minimum | OPKO Health Europe                            
Debt Instrument [Line Items]                            
Variable interest rates               0.70%            
Maximum | OPKO Health Europe                            
Debt Instrument [Line Items]                            
Variable interest rates               3.80%            
Line of Credit                            
Debt Instrument [Line Items]                            
Remaining principal               $ 16,531,000 $ 13,672,000          
Weighted average interest rate               5.50% 5.40%          
Convertible Debt                            
Debt Instrument [Line Items]                            
Interest rate on notes payable       4.50%                    
Convertible Debt | Convertible Senior Notes Due 2025                            
Debt Instrument [Line Items]                            
Debt face amount       $ 200,000,000                    
Debt instrument, conversion ratio       0.2367424                    
Conversion price per share (in dollars per share) | $ / shares       $ 4.22                    
Converted debt amount     $ 55,400,000                      
Shares issued on converted debt (in shares) | shares     19,051,270         21,144,825 21,144,825          
Loss on conversion of the 2025 Notes     $ 11,100,000                      
Shares issuable under debt agreement (in shares) | shares       30,000,000                    
Decrease in shares issuable under debt agreement (in shares) | shares     8,105,175                      
Proceeds one-time nominal fee               $ 300,000            
Equity component of convertible debt       $ 52,600,000                    
Effective interest rate (as a percent)               11.20%            
Remaining principal               $ 141,267,000 $ 119,360,000          
Convertible Debt | Convertible Senior Notes Due 2025 | Redemption period one                            
Debt Instrument [Line Items]                            
Convertible debt, threshold percentage of stock price trigger       130.00%                    
Equivalent redemption price       100.00%                    
Convertible Debt | Convertible Senior Notes Due 2025 | Redemption period one | Minimum                            
Debt Instrument [Line Items]                            
Number of trading days | day       20                    
Convertible Debt | Convertible Senior Notes Due 2025 | Redemption period one | Maximum                            
Debt Instrument [Line Items]                            
Number of consecutive trading days applicable conversion price | day       30                    
Convertible Debt | Convertible Senior Notes Due 2025 | Redemption period two                            
Debt Instrument [Line Items]                            
Convertible debt, threshold percentage of stock price trigger       98.00%                    
Convertible Debt | Convertible Senior Notes Due 2025 | Redemption period two | Minimum                            
Debt Instrument [Line Items]                            
Number of trading days | day       5                    
Convertible Debt | Convertible Senior Notes Due 2025 | Redemption period two | Maximum                            
Debt Instrument [Line Items]                            
Number of consecutive trading days applicable conversion price | day       5                    
Convertible Debt | Convertible Senior Notes Due 2025 | Redemption period three                            
Debt Instrument [Line Items]                            
Convertible debt, threshold percentage of stock price trigger               130.00%            
Equivalent redemption price               100.00%            
Convertible Debt | Convertible Senior Notes Due 2025 | Redemption period three | Minimum                            
Debt Instrument [Line Items]                            
Number of trading days | day               20            
Convertible Debt | Convertible Senior Notes Due 2025 | Redemption period three | Maximum                            
Debt Instrument [Line Items]                            
Number of consecutive trading days applicable conversion price | day               30            
Convertible Debt | 5% Convertible Notes                            
Debt Instrument [Line Items]                            
Debt face amount         $ 55,000,000                  
Interest rate on notes payable         5.00%                  
Conversion price per share (in dollars per share) | $ / shares         $ 5.00                  
Debt instrument, term         5 years                  
Minimum conversion notice         30 days                  
Maximum conversion notice         60 days                  
Remaining principal               $ 66,203,000 65,525,000          
Convertible Debt | Notes Due February 1, 2033                            
Debt Instrument [Line Items]                            
Converted debt amount                   $ 143,200,000        
Senior Notes                            
Debt Instrument [Line Items]                            
Remaining principal               141,267,000 119,360,000          
Senior Notes | Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2020-06                            
Debt Instrument [Line Items]                            
Remaining principal                 21,643,000          
Senior Notes | Notes Due February 1, 2033                            
Debt Instrument [Line Items]                            
Debt face amount   $ 175,000,000                        
Interest rate on notes payable   3.00%                        
Equivalent redemption price   100.00%                        
Notes | Notes Due February 1, 2033                            
Debt Instrument [Line Items]                            
Equivalent redemption price             100.00%              
Debt repurchase amount                           $ 28,800,000
Remaining principal               3,050,000 $ 3,050,000         $ 3,000,000
Line of Credit | Unsecured Debt                            
Debt Instrument [Line Items]                            
Credit line capacity $ 100,000,000                          
Amounts outstanding under line of credit               0            
Revolving Credit Facility | Line of Credit | New Credit Agreement                            
Debt Instrument [Line Items]                            
Credit line capacity           $ 75,000,000                
Commitment fee (as a percent) 0.25%                          
Remaining borrowing capacity               64,800,000            
Long-term line of credit, noncurrent               $ 0            
Revolving Credit Facility | Line of Credit | New Credit Agreement | 50% or more of revolving commitment                            
Debt Instrument [Line Items]                            
Commitment fee (as a percent)           0.375%                
Revolving Credit Facility | Line of Credit | New Credit Agreement | Less than or equal to 50% of revolving commitment                            
Debt Instrument [Line Items]                            
Commitment fee (as a percent)           0.25%                
Swingline | Line of Credit | New Credit Agreement                            
Debt Instrument [Line Items]                            
Credit line capacity           $ 20,000,000                
Letter of Credit | Line of Credit | New Credit Agreement                            
Debt Instrument [Line Items]                            
Credit line capacity           $ 20,000,000                
LIBOR | Revolving Credit Facility | Line of Credit | New Credit Agreement                            
Debt Instrument [Line Items]                            
Basis spread on variable rate           2.50%                
LIBOR, First 12 Months | Revolving Credit Facility | Line of Credit | New Credit Agreement                            
Debt Instrument [Line Items]                            
Basis spread on variable rate           0.75%                
LIBOR, First 12 Months, Adjusted for Eurocurrency Liabilities | Revolving Credit Facility | Line of Credit | New Credit Agreement                            
Debt Instrument [Line Items]                            
Basis spread on variable rate           1.75%                
Common Stock | Convertible Debt | Notes Due February 1, 2033                            
Debt Instrument [Line Items]                            
Shares issued on converted debt (in shares) | shares                   21,539,873