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Additional Balance Sheet Detail
12 Months Ended
Dec. 31, 2015
Payables and Accruals [Abstract]  
Additional Balance Sheet Detail
Additional Balance Sheet Detail
Prepaid and other current assets consisted of the following:
 
As of December 31,
 
2015
 
2014
 
(in thousands)
Prepaid expenses
$
22,058

 
$
17,569

Taxes receivable
11,651

 
14,093

Deferred tax asset

 
3,500

Fair value foreign currency forward contracts
5,161

 
2,011

Other
12,065

 
7,002

Total
$
50,935

 
$
44,175



Accrued expenses consisted of the following:
 
As of December 31,
 
2015
 
2014
 
(in thousands)
Payroll and benefits
$
87,873

 
$
91,175

Research, development and commercial contract costs
55,677

 
38,143

Product revenue allowances
47,209

 
34,554

Royalty payable
60,191

 
12,218

Taxes payable and reserves (including VIE taxes payable)
30,953

 
10,038

Professional fees
7,455

 
7,004

Interest
4,642

 
5,444

Other
11,820

 
11,100

Total
$
305,820

 
$
209,676



Other liabilities, current portion consisted of the following:
 
As of December 31,
 
2015
 
2014
 
(in thousands)
Deferred rent
$
1,572

 
$
4,015

Security deposits
4,000

 

Other liabilities attributable to variable interest entities
7,100

 
297

Other
1,702

 
485

Total
$
14,374

 
$
4,797