XML 26 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 211,145 $ 244,674
Marketable securities 6,893 27,263
Accounts receivable, net 17,274 11,451
Receivables from collaborative partners 35,635 10,824
Inventories 7,782 10,145
Income taxes receivable 2,373  
Deferred tax assets, net 21,468 26,860
Prepaid and other current assets 7,046 5,828
Total current assets 309,616 337,045
Marketable securities, long-term 5,661 4,080
Property and equipment, net 7,731 8,340
Intangible assets, net 77,440 82,521
Deferred tax assets, net, non-current 57,705 76,342
Other assets 327 325
TOTAL ASSETS 458,480 508,653
Current liabilities:    
Accounts payable and accrued liabilities 44,274 34,935
Income taxes payable   61,875
Deferred license revenue 3,041 3,041
Liability related to the sale of future royalties and milestones 66,641 56,357
Other current liabilities 649 649
Total current liabilities 114,605 156,857
Deferred license revenue, non-current portion 10,954 12,475
Contingent consideration liability 12,195 11,264
Liability related to the sale of future royalties and milestones, less current portion 128,297 177,624
Other long-term liabilities 13,103 13,017
Commitments      
Shareholders' equity:    
Preferred stock, no par value, 5,000,000 shares authorized; Series A convertible preferred stock, 25,000 shares designated, 18,158 shares issued and surrendered, and zero shares outstanding at June 30, 2014 and December 31, 2013      
Common stock, no par value, 100,000,000 shares authorized; 58,436,345 and 57,369,683 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively 230,858 221,124
Additional paid-in capital 1,850 347
Accumulated deficit (53,364) (84,048)
Accumulated other comprehensive income (loss), net of tax (18) (7)
Total shareholders' equity 179,326 137,416
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 458,480 $ 508,653