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Other Long-Term Liabilities (Tables)
3 Months Ended
Mar. 31, 2017
Other Long-Term Liabilities  
Schedule of other long-term liabilities

 

 

March 31, 2017

 

December 31, 2016

 

 

 

(In thousands)

 

Deferred Rent

 

$

396

 

$

398

 

Net Deferred Tax Liability related to IPR&D

 

28,054

 

28,054

 

Deferred Income from Sale of Tax Benefits

 

8,940

 

9,436

 

Accrued Lease Restructuring

 

1,258

 

1,154

 

Long-Term Severance

 

357

 

539

 

Contingent Milestones

 

47,600

 

44,200

 

Deferred Revenue

 

3,523

 

3,749

 

 

 

 

 

 

 

Total

 

90,128

 

87,530

 

Less Current Portion

 

(4,940

)

(4,826

)

 

 

 

 

 

 

Long-Term Portion

 

$

85,188

 

$

82,704

 

 

 

 

 

 

 

 

 

 

Schedule of activity related to accrued lease restructuring

 

The activity related to accrued lease restructuring for the three months ended March 31, 2017 is presented below (in thousands):

 

 

 

Three Months Ended
March 31, 2017

 

Balance at beginning of period

 

$

1,154

 

Expense

 

184

 

Payments

 

(80

)

 

 

 

 

Balance at end of period

 

$

1,258