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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 107,585 $ 117,709
Short-term investments 5,872 59,711
Accounts receivable, net 77,192 102,056
Receivables from collaborative partners 506 533
Inventories 10,415 13,033
Prepaid and other current assets 17,704 13,162
Total current assets 219,274 306,204
Property and equipment, net 13,943 15,526
Intangible assets, net 824,944 902,149
Other assets 1,346 1,458
Total assets 1,059,507 1,225,337
Current liabilities:    
Accounts payable 7,033 14,855
Accrued rebates, returns and discounts 136,998 131,536
Accrued liabilities 47,599 59,398
Income taxes payable 28 59
Current portion of Senior Notes 57,500  
Contingent consideration liability, current portion 1,757 4,578
Interest payable 11,308 15,924
Other current liabilities 927 892
Total current liabilities 263,150 227,242
Contingent consideration liability, long-term portion 3,879 10,247
Senior Notes 311,726 466,051
Convertible Notes 265,163 252,725
Other long-term liabilities 16,942 18,284
Commitments and Contingencies
Shareholders' equity:    
Common stock 309,351 291,634
Additional paid-in capital 75,707 75,917
Accumulated deficit (186,404) (116,744)
Accumulated other comprehensive loss, net of tax (7) (19)
Total shareholders' equity 198,647 250,788
Total liabilities and shareholders' equity $ 1,059,507 $ 1,225,337