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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and cash equivalents $ 290,036 $ 228,788
Receivable from collaboration partner 99,938 107,210
Prepaid expenses and other current assets 25,656 17,981
Total current assets 415,630 353,979
Property and equipment, net 39,680 17,035
Restricted cash 11,972 9,899
Other non-current assets 15,965 11,737
Total assets 483,247 392,650
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable, accrued expenses and other current liabilities 78,195 78,758
Deferred revenue 8,466 16,931
Current portion of build-to-suit lease obligation 645  
Total current liabilities 87,306 95,689
Convertible Notes, net of unamortized discount of $43,725 and $50,336 at June 30, 2014 and December 31, 2013, respectively 215,022 208,414
Build-to-suit lease obligation, excluding current portion 16,605  
Other non-current liabilities 20,982 11,600
Total liabilities 339,915 315,703
Commitments and contingencies (Note 12)      
Stockholders' equity:    
Preferred stock, $0.01 par value per share; 1,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.01 par value per share; 170,000,000 shares authorized; 76,703,796 and 75,803,020 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively 767 758
Additional paid-in capital 442,472 410,350
Accumulated deficit (299,907) (334,161)
Total stockholders' equity 143,332 76,947
Total liabilities and stockholders' equity $ 483,247 $ 392,650