XML 23 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities      
Net loss $ (18,542) $ (115,344) $ (83,862)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 7,326 7,583 6,336
(Gain) loss on sales of available-for-sale securities (9) 2 (3)
Stock-based compensation 23,783 24,916 19,009
Loss on disposal of equipment 196   33
Forgiveness of notes receivable   16 8
Changes in operating assets and liabilities:      
Receivables from collaboration partners (841) (29) 81
Prepaid and other current assets (441) 2,288 652
Inventories (4,822)    
Other assets, non-current (441)    
Accounts payable (1,480) 3,310 (236)
Accrued personnel-related expenses and other accrued liabilities (1,829) 5,124 3,321
Deferred rent (747) 2,429 1,446
Deferred revenue (130,107) (18,633) (21,801)
Other long-term liabilities     (128)
Net cash used in operating activities (127,954) (88,338) (75,144)
Cash flows from investing activities      
Purchases of property and equipment (2,590) (3,628) (861)
Purchases of short-term investments and marketable securities (330,484) (301,563) (183,899)
Maturities of short-term investments and marketable securities 224,902 231,476 131,855
Sales of short-term investments and marketable securities 49,729 17,321 12,024
Sale of equipment     12
Release of restricted cash 60   417
Issuance of notes receivable (140) (140)  
Payments received on notes receivable 240 715 140
Net cash used in investing activities (58,283) (55,819) (40,312)
Cash flows from financing activities      
Payments on note payable and capital leases (69) (206) (184)
Proceeds from issuances of common stock, net 236,377 25,808 231,429
Net cash provided by financing activities 236,308 25,602 231,245
Net increase (decrease) in cash and cash equivalents 50,071 (118,555) 115,789
Cash and cash equivalents at beginning of period 44,778 163,333 47,544
Cash and cash equivalents at end of period 94,849 44,778 163,333
Supplemental Disclosure of Cash Flow Information      
Cash paid for interest $ 5,177 $ 5,195 $ 5,217