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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net loss $ (10,550) $ (111,790)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Stock-based compensation expense 215,334 178,623
Depreciation and amortization expense 44,965 45,947
Write-downs of inventories to net realizable value 11,138 0
Deferred income taxes (113,969) 23,544
Impairment of property and equipment 1,946 0
Intangible asset impairment charge 255,340 0
Acquired in-process research & development 160,000 0
Deconsolidation of VIE 76,644 0
Other non-cash items, net (4,787) (904)
Changes in operating assets and liabilities:    
Accounts receivable, net (54,455) (9,760)
Inventories (28,570) (11,536)
Prepaid expenses and other assets (90,006) (8,979)
Accounts payable 6,925 (21,532)
Accrued expenses and other liabilities 148,102 26,121
Accrued restructuring expense (3,863) (8,151)
Deferred revenues 3,237 (10,204)
Net cash provided by operating activities 617,431 91,379
Cash flows from investing activities:    
Purchases of marketable securities (431,653) (616,625)
Maturities of marketable securities 247,149 535,379
Expenditures for property and equipment (56,817) (41,775)
Purchase of in-process research & development (160,000) 0
(Decrease) increase in restricted cash and cash equivalents (VIE) (15,643) 20,490
Investment in equity securities 0 (23,075)
Decrease (increase) in other assets 380 (93)
Net cash used in investing activities (416,584) (125,699)
Cash flows from financing activities:    
Issuances of common stock under benefit plans 298,205 51,165
Payments on revolving credit facility (300,000) 0
Advance from collaborator 10,000 0
Payments on capital lease obligations (14,188) (13,330)
Proceeds from capital lease financing 0 2,030
Payments on construction financing lease obligation (412) (356)
Proceeds related to construction financing lease obligation 4,700 0
Repayments of advanced funding (3,132) 0
Net cash (used in) provided by financing activities (4,827) 39,509
Effect of changes in exchange rates on cash 5,001 (265)
Net increase in cash and cash equivalents 201,021 4,924
Cash and cash equivalents—beginning of period 1,183,945 714,768
Cash and cash equivalents—end of period 1,384,966 719,692
Supplemental disclosure of cash flow information:    
Cash paid for interest 51,990 64,662
Cash paid for income taxes 4,154 1,617
Capitalization of costs related to construction financing lease obligation 33,827 824
Issuances of common stock from employee benefit plans receivable $ 868 $ 19