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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income (loss) $ 84,090 $ (59,770)
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
Gain from sale of Priority Review Voucher (125,000)  
Depreciation and amortization 1,637 1,397
Amortization of (discount) premium on available-for-sale securities and non-cash interest (18) 242
Loss on abandonment of patents 485 15
Stock-based compensation 5,712 6,835
Changes in operating assets and liabilities, net:    
Net increase in accounts receivable (7,050) (13)
Net increase in inventory (17,632)  
Net decrease (increase) in other assets 774 (3,180)
Net decrease in accounts payable, accrued expenses, deferred revenue and other liabilities (886) (6,214)
Net cash used in operating activities (57,888) (60,688)
Cash flows from investing activities:    
Purchase of property and equipment (4,465) (1,168)
Purchase of intangible assets (1,245) (410)
Proceeds from sale of Priority Review Voucher 125,000  
Maturity of restricted investment 10,695  
Maturity of available-for-sale securities 80,000 21,000
Net cash provided by investing activities 209,985 19,422
Cash flows from financing activities:    
Repayments of long-term debt and notes payable (2,543) (2,525)
Proceeds from exercise of options and purchase of stock under the Employee Stock Purchase Program 2,749 1,488
Net cash provided by (used in) financing activities 206 (1,037)
Increase (decrease) in cash and cash equivalents 152,303 (42,303)
Cash, cash equivalents and restricted cash:    
Beginning of period 122,556 80,439
End of period 274,859 38,136
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 291 409
Supplemental schedule of non-cash investing activities and financing activities:    
Shares withheld for taxes 165 44
Accrual for debt issuance costs related to the senior secured term loan 400 400
Intangible assets included in accrued expenses 179 192
Property and equipment included in accrued expenses $ 330 $ 19