Revenue Recognition

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Revenue Recognition

REVENUE RECOGNITION

Product Revenue and Allowances and Accruals

The following table provides information about disaggregated revenue by product for the three and six months ended June 30, 2020 and 2019 (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Product sales, net
Feraheme	$	29,635	$	42,074	$	74,068	$	82,089
Makena	22,325		30,593		45,888		61,534
Intrarosa	1,216		4,877		4,385		9,291
Other	(447)		90		(1,199)		133
Total product sales, net	$	52,729	$	77,634	$	123,142	$	153,047

Total gross product sales were offset by product sales allowances and accruals for the three and six months ended June 30, 2020 and 2019 as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Gross product sales	$	181,995	$	239,185	$	414,735	$	450,904
Provision for product sales allowances and accruals:
Contractual adjustments	109,861		128,641		253,036		237,526
Governmental rebates	19,405		32,910		38,557		60,331
Total	129,266		161,551		291,593		297,857
Product sales, net	$	52,729	$	77,634	$	123,142	$	153,047

The following table summarizes the product revenue allowance and accrual activity for the three and six months ended June 30, 2020 (in thousands):

	Contractual		Governmental
	Adjustments		Rebates		Total
Balance at December 31, 2019	$	95,221	$	47,623	$	142,844
Provisions related to current period sales	147,235		18,175		165,410
Adjustments related to prior period sales	(4,060)		976		(3,084)
Payments/returns relating to current period sales	(95,284)		—		(95,284)
Payments/returns relating to prior period sales	(37,969)		(29,646)		(67,615)
Balance at March 31, 2020	$	105,143	$	37,128	$	142,271
Provisions related to current period sales	111,508		19,041		130,549
Adjustments related to prior period sales	(634)		378		(256)
Payments/returns relating to current period sales	(112,821)		(13,913)		(126,734)
Payments/returns relating to prior period sales	(19,484)		(10,240)		(29,724)
Balance at June 30, 2020	$	83,712	$	32,394	$	116,106