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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net loss$ (27,970)$ (30,148)
Adjustments to reconcile net loss to net cash flows used in operating activities:  
Amortization of deferred revenue(45,448)(45,876)
Stock-based compensation10,5169,972
Depreciation and amortization324355
Accretion of discount on securities(50)(230)
Changes in operating assets and liabilities:  
Receivable from collaboration partners7,051(11,375)
Prepaid expenses and other current assets3,103(4,849)
Other non-current assets(3,411)(352)
Accounts payable2,082642
Accrued expenses5,74710,558
Other current liabilities(4,354)(642)
Deferred revenue3,000 
Other non-current liabilities(810)424
Net cash used in operating activities(50,220)(71,521)
Cash flows from investing activities:  
Purchase of short-term investments(74,881)(69,962)
Maturities of short-term investments100,000241,000
Purchase of property and equipment(137)(150)
Net cash provided by investing activities24,982170,888
Cash flows from financing activities:  
Stock option exercises2,9333,061
Net proceeds from stockholder securities law settlement2,959 
Excess tax benefits from stock-based compensation 45
Net cash provided by financing activities5,8923,106
Net (decrease) increase in cash and cash equivalents(19,346)102,473
Cash and cash equivalents at beginning of period107,71757,463
Cash and cash equivalents at end of period$ 88,371$ 159,936