XML 76 R61.htm IDEA: XBRL DOCUMENT v3.6.0.2
ACQUISITIONS (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Nov. 17, 2015
USD ($)
patent
Apr. 02, 2015
USD ($)
Dec. 17, 2013
USD ($)
Jul. 29, 2013
USD ($)
Jun. 21, 2012
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2016
USD ($)
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Dec. 31, 2013
USD ($)
Purchase price consideration                      
Cash Paid                 $ 1,050,011    
Research and development expenses               $ 32,631 $ 17,541 $ 7,116  
Pro forma financial information (unaudited)                      
Shares used in computing basic net (income) loss per share (in shares) | shares               61,296,875 60,116,530 58,292,633  
Shares used in computing diluted net income (loss) per share (in shares) | shares               61,296,875 60,116,530 66,307,364  
Endo                      
ACQUISITIONS                      
Number of patents infringed | patent 3                    
Cebranopadol                      
Purchase price consideration                      
Cash Paid $ 25,000                    
Research and development expenses 54,900                    
Cebranopadol | Endo                      
Purchase price consideration                      
Amount of one-time accounting adjustment 29,900                    
Cebranopadol | Endo | Non-cash gain on settlement agreement                      
Purchase price consideration                      
Amount of one-time accounting adjustment (29,900)                    
Cebranopadol | Endo | Acquired in-process research and development expense                      
Purchase price consideration                      
Amount of one-time accounting adjustment $ 29,900                    
NUCYNTA                      
Purchase price consideration                      
Cash Paid   $ 1,050,000                  
Rebates Payable By Seller   9,977                  
Total Purchase Consideration   1,040,023                  
Amount of decrease in the rebate payment           $ 500          
Amount of rebate payable estimated on the acquisition date   10,500                  
Increase in the purchase consideration and fair value of NUCYNTA U.S product rights           $ 500          
Fair values of tangible and identifiable intangible assets acquired and liabilities assumed                      
Intangible asset - acquired entity product rights   1,019,978                  
Inventories   11,590                  
Manufacturing Equipment   8,455                  
Total   $ 1,040,023                  
Other information                      
Estimated useful life of intangible asset   10 years                  
Business acquisition step up in value of inventories   $ 5,900                  
Pro forma financial information (unaudited)                      
Pro forma revenues                 $ 387,693 $ 561,481  
Proforma net (loss) income                 $ (88,964) $ 62,581  
Pro forma net income per share - basic (in dollars per share) | $ / shares                 $ (1.48) $ 1.07  
Pro forma net income per share - diluted (in dollars per share) | $ / shares                 $ (1.48) $ 1.01  
Shares used in computing basic net (income) loss per share (in shares) | shares                 60,116,530 58,292,633  
Shares used in computing diluted net income (loss) per share (in shares) | shares                 60,116,530 66,307,364  
Revenues             $ 189,800        
NUCYNTA | Selling general and administrative expense                      
Fair values of tangible and identifiable intangible assets acquired and liabilities assumed                      
Business Combination, Acquisition Related Costs                 $ 12,300    
CAMBIA                      
ACQUISITIONS                      
Contingent consideration potential, maximum     $ 5,000                
Amounts held in escrow to be applied towards indemnification obligations     $ 7,500                
Initial payments held in escrow, holding period     24 months                
Purchase price consideration                      
Cash Paid     $ 48,725                
Fair Value of contingent consideration     1,010                
Total Purchase Consideration     49,735                
Fair values of tangible and identifiable intangible assets acquired and liabilities assumed                      
Intangible asset - acquired entity product rights     51,360                
Inventories     3,837                
Other assets     409                
Sales reserve liabilities     (1,847)                
Unfavorable contract assumed     (3,540)                
Bargain purchase     (484)                
Total     49,735                
Other information                      
Business acquisition step up in value of inventories     3,700                
Business acquisition cost of sales related to the step-up value                   $ 3,500 $ 200
CAMBIA | Selling general and administrative expense                      
Other information                      
Acquisition related costs                     100
CAMBIA | Maximum                      
ACQUISITIONS                      
Contingent consideration, net sales threshold triggering milestone payments     100,000                
CAMBIA | Third party                      
ACQUISITIONS                      
Contingent consideration payable     $ 10,000                
CAMBIA | Third party | Maximum                      
Purchase price consideration                      
Royalties as a percentage of net sales     11.00%                
Lazanda                      
ACQUISITIONS                      
Amounts held in escrow to be applied towards indemnification obligations       $ 1,000              
Initial payments held in escrow, holding period       18 months              
Purchase price consideration                      
Cash Paid       $ 4,000              
Fair Value of contingent consideration       8,004              
Total Purchase Consideration       12,004              
Fair values of tangible and identifiable intangible assets acquired and liabilities assumed                      
Intangible asset - acquired entity product rights       10,450              
Inventories       1,334              
Other assets       116              
Property, plant and equipment       356              
Current liabilities       (283)              
Goodwill       31              
Total       12,004              
Other information                      
Business acquisition step up in value of inventories       600              
Business acquisition cost of sales related to the step-up value                 $ 200 $ 300 100
Lazanda | Selling general and administrative expense                      
Other information                      
Acquisition related costs                     $ 100
Lazanda | Net Sales, first year, level one                      
ACQUISITIONS                      
Contingent consideration payable       1,000              
Lazanda | Net Sales, first year, level two                      
ACQUISITIONS                      
Contingent consideration payable       2,500              
Lazanda | Net Sales, first year, level three                      
ACQUISITIONS                      
Contingent consideration payable       5,000              
Lazanda | Net Sales, first year, level four                      
ACQUISITIONS                      
Contingent consideration payable       7,500              
Lazanda | Minimum | Net Sales, first year, level one                      
ACQUISITIONS                      
Contingent consideration, net sales threshold       20,000              
Lazanda | Minimum | Net Sales, first year, level two                      
ACQUISITIONS                      
Contingent consideration, net sales threshold       45,000              
Lazanda | Minimum | Net Sales, first year, level three                      
ACQUISITIONS                      
Contingent consideration, net sales threshold       75,000              
Lazanda | Minimum | Net Sales, first year, level four                      
ACQUISITIONS                      
Contingent consideration, net sales threshold       $ 100,000              
Lazanda | Maximum                      
ACQUISITIONS                      
Royalties as a percentage of net sales in remainder of fiscal year       5.00%              
Royalties as a percentage of net sales in 2014       5.00%              
Lazanda | Third party | Minimum                      
ACQUISITIONS                      
Royalties as a percentage of net sales after 2014       13.00%              
Lazanda | Third party | Maximum                      
ACQUISITIONS                      
Royalties as a percentage of net sales after 2014       15.00%              
Zipsor                      
Purchase price consideration                      
Cash Paid         $ 26,436            
Fair Value of contingent consideration         1,303            
Total Purchase Consideration         27,739            
Fair values of tangible and identifiable intangible assets acquired and liabilities assumed                      
Intangible asset - acquired entity product rights         27,100            
Inventories         2,428            
Other assets         100            
Property, plant and equipment         43            
Current liabilities         (1,840)            
Bargain purchase         (92)            
Total         27,739            
Other information                      
Business acquisition step up in value of inventories         1,900            
Zipsor | Net Sales, first year, level one                      
ACQUISITIONS                      
Contingent consideration potential, maximum         2,000            
Contingent consideration, net sales threshold         30,000            
Zipsor | Net Sales, first year, level two                      
ACQUISITIONS                      
Contingent consideration payable         3,000            
Contingent consideration, net sales threshold         $ 60,000