XML 16 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 40,911 $ 16,564
Marketable securities 157,269 77,511
Accounts receivable 16,677 14,785
Inventories 5,948 6,157
Prepaid expenses and other current assets 11,128 8,958
Total current assets 231,933 123,975
Property and equipment, net 2,722 3,001
Goodwill 18,491 18,491
Intangible assets, net 72,571 92,289
Research and development tax credit receivable 5,903 5,272
Other non-current assets 20,241 10,249
Total assets 351,861 253,277
Current liabilities:    
Current portion of long-term debt 114 111
Current portion of long-term related party payable 21,121 25,007
Accounts payable 15,906 7,477
Deferred revenue 1,884 2,007
Accrued expenses 45,948 50,926
Other current liabilities 2,212 1,011
Total current liabilities 87,185 86,539
Long-term debt, less current portion 111,724 156
Long-term related party payable, less current portion 51,646 73,918
Other non-current liabilities 14,252 7,084
Total liabilities 264,807 167,697
Shareholders’ equity:    
Preferred shares, $0.01 nominal value; 50,000 shares authorized at March 31, 2018 and December 31, 2017, respectively; none issued or outstanding at March 31, 2018 and December 31, 2017, respectively 0 0
Ordinary shares, nominal value of $0.01; 500,000 shares authorized; 42,066 issued and 37,642 outstanding at March 31, 2018 and 41,463 issued and 39,346 outstanding at December 31, 2017 420 414
Treasury shares, at cost, 4,424 and 2,117 shares held at March 31, 2018 and December 31, 2017, respectively (42,573) (22,361)
Additional paid-in capital 427,383 393,478
Accumulated deficit (274,921) (262,685)
Accumulated other comprehensive loss (23,255) (23,266)
Total shareholders’ equity 87,054 85,580
Total liabilities and shareholders’ equity $ 351,861 $ 253,277