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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation Expense

Year Ended December 31, 

    

2019

    

2018

    

2017

(In thousands)

Research and development

$

6,095

$

4,961

$

5,240

Selling, general and administrative

 

7,690

 

6,752

 

7,448

Total

$

13,785

$

11,713

$

12,688

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

Year Ended December 31, 

    

2019

    

2018

    

2017

 

Estimated weighted-average fair value

$

9.93

$

10.32

$

8.66

Weighted-average assumptions:

 

  

 

  

 

  

Expected volatility

 

80

%  

 

78

%  

 

74

%

Expected term, in years

 

6.0

 

6.0

 

6.0

Risk-free interest rate

 

2.41

%  

 

2.68

%  

 

2.05

%

Expected dividend yield

 

%  

 

%  

 

%

Schedule of Stock Option Activity

    

    

Weighted- 

    

    

Average 

Aggregate 

Exercise 

Remaining 

Intrinsic 

Options 

Price per 

Contractual Life 

Value 

Outstanding

Share

(In years)

(In thousands)

Balance at December 31, 2018

 

10,313,138

$

11.22

 

  

 

  

Granted

 

2,098,705

 

14.23

 

  

 

  

Exercised

 

(799,815)

 

9.50

 

  

 

  

Forfeited

 

(404,097)

 

16.28

 

  

 

  

Balance at December 31, 2019

 

11,207,931

$

11.72

 

6.0

$

31,912

Vested and expected to vest at December 31, 2019

 

10,876,043

$

11.65

 

6.0

$

31,661

Exercisable at December 31, 2019

 

8,212,177

$

10.87

 

5.1

$

29,546