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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Unaudited Pro forma Results of Operations
The following unaudited pro forma results of operations for year ended December 31, 2012, assume the Allos acquisition had occurred on January 1, 2012 and for the year ended December 31, 2011, assume the acquisition had occurred on January 1, 2011 ($ in 000’s):

 

     Year Ended  
     December 31,  
     2012      2011  
     (Unaudited)  

Total revenues

   $ 299,116       $ 269,012   

Income from continuing operations

   $ 56,309       $ 21,639   

Net income

   $ 64,732       $ 12,368   

Basic net income per share

   $ 1.10       $ 0.23   

Diluted net income per share

   $ 1.00       $ 0.21   
ZEVALIN [Member]
 
Acquisition-Date Fair Value of Consideration Transferred

The acquisition-date fair value of the consideration transferred consisted of the following items ($ in 000’s):

 

Cash consideration for ZEVALIN Rights

   $  25,435   

Total liabilities assumed

     580   
  

 

 

 

Total purchase consideration

   $ 26,015   
  

 

 

 
Summary of Allocation of Total Purchase Price to Net Assets Acquired and Included in Consolidated Balance Sheet

The allocation of the total purchase price to the net assets acquired is as follows ($ in thousands):

 

ZEVALIN product line/marketing rights

   $  19,810   

Customer relationships

     3,680   
  

 

 

 

Identified intangible assets

     23,490   

Goodwill

     2,525   
  

 

 

 

Total fair value of assets acquired

   $ 26,015   
  

 

 

 
Allos Therapeutics, Inc. [Member]
 
Acquisition-Date Fair Value of Consideration Transferred

The following table summarizes the purchase price ($ in 000’s):

 

Cash consideration

   $  205,204   

Contingent value right

     —     
  

 

 

 

Total purchase consideration

   $ 205,204   
  

 

 

 
Summary of Allocation of Total Purchase Price to Net Assets Acquired and Included in Consolidated Balance Sheet
The allocation of the total purchase price to the net assets acquired and included in our consolidated balance sheet is as follows: ($ in 000’s):

 

     Provisional
Estimated
Fair Value
     Subsequent
Change in
Valuation
Estimate
    Revised
Fair Value
 

Cash

   $ 71,940       $ —        $ 71,940   

Accounts receivable

     6,835         —          6,835   

Related party receivable

     10,482         —          10,482   

Inventory

     2,246         —          2,246   

Other current assets

     1,527         —          1,527   

Fixed assets

     913         —          913   

FOLOTYN distribution rights – US & Canada

     118,400         —          118,400   

FOLOTYN license with Mundipharma

     27,900         —          27,900   

Goodwill

     27,550         (1,065     26,485   
  

 

 

    

 

 

   

 

 

 

Total assets acquired

     267,793         (1,065     266,728   
  

 

 

    

 

 

   

 

 

 

Accounts payable & accrued liabilities

     25,716         —          25,716   

Mundipharma R&D expense liability

     12,300         —          12,300   

Deferred payment contingency

     2,200         —          2,200   

Deferred tax liabilities, net

     22,373         (1,065     21,308   
  

 

 

    

 

 

   

 

 

 

Total liabilities assumed

     62,589         (1,065     61,524   
  

 

 

    

 

 

   

 

 

 

Net assets acquired

   $ 205,204       $ —        $ 205,204