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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 225,853 $ 502,677
Receivable from collaboration partner 391,558 184,737
Deferred income tax assets   21,987
Prepaid expenses and other current assets 15,877 12,264
Restricted cash 930 203
Total current assets 634,218 721,868
Property and equipment, net 58,142 41,161
Intangible assets 644,299 101,000
Deferred income tax assets, non-current 57,011 15,176
Restricted cash, net of current 12,206 11,562
Goodwill 18,643 10,000
Other non-current assets 7,072 10,852
Total assets 1,431,591 911,619
Current liabilities:    
Accounts payable, accrued expenses and other current liabilities 186,203 106,128
Contingent consideration 4,900 10,000
Deferred revenue   2,822
Current portion of build-to-suit lease obligation   698
Current portion of Convertible Notes, net of unamortized discount of $— and $1 at December 31, 2015 and 2014, respectively   4
Total current liabilities 266,103 119,652
Convertible Notes, net of unamortized discount of $— and $36,598 at December 31, 2015 and 2014, respectively   222,140
Contingent consideration 262,368 96,000
Build-to-suit lease obligation, excluding current portion 17,406 18,711
Other non-current liabilities 13,035 5,817
Total liabilities $ 558,912 $ 462,320
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Preferred stock, $0.01 par value per share; 1,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.01 par value per share; 340,000,000 shares authorized; 163,905,342 and 156,234,454 shares issued and outstanding at December 31, 2015 and 2014, respectively $ 1,639 $ 1,562
Additional paid-in capital 684,841 505,446
Retained earnings (accumulated deficit) 186,199 (57,709)
Total stockholders’ equity 872,679 449,299
Total liabilities and stockholders’ equity 1,431,591 $ 911,619
Revolving Credit Facility [Member]    
Current liabilities:    
Borrowings under Credit Facility $ 75,000