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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Summary in changes in contract liabilities
The following table summarizes changes in the Company’s contract liabilities for the nine months ended September 30, 2018:
 
Balance at January 1, 2018 (ASC 606 adoption)
 
Additions
 
Deductions
 
Balance at September 30, 2018
 
(in thousands)
Three Months Ended September 30, 2018
 
 
 
 
 
 
 
Contract liabilities:
 
 
 
 
 
 
 
Other liabilities, current portion
$
1,654

 
$
54,724

 
$
(16,608
)
 
$
39,770

Schedule of disaggregation of revenue
Product revenues, net consisted of the following:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018 (as reported under ASC 606)
 
2017 (as reported under ASC 605)
 
2018 (as reported under ASC 606)
 
2017 (as reported under ASC 605)
 
(in thousands)
KALYDECO
$
245,733

 
$
213,461

 
$
748,365

 
$
588,809

ORKAMBI
281,859

 
336,183

 
947,186

 
955,451

SYMDEKO
254,919

 

 
474,601

 

Other

 
(2
)
 

 
(8
)
Total product revenues, net
$
782,511

 
$
549,642

 
$
2,170,152

 
$
1,544,252

Total revenues from external customers and collaborators by geographic region consisted of the following:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018 (as reported under ASC 606)
 
2017 (as reported under ASC 605)
 
2018 (as reported under ASC 606)
 
2017 (as reported under ASC 605)
 
(in thousands)
United States
$
620,485

 
$
454,736

 
$
1,687,963

 
$
1,483,666

Outside of the United States
 
 
 
 
 
 
 
Europe
132,876

 
94,057

 
400,685

 
278,407

Other
31,174

 
29,372

 
88,843

 
74,945

Total revenues outside of the United States
164,050

 
123,429

 
489,528

 
353,352

Total revenues
$
784,535

 
$
578,165

 
$
2,177,491

 
$
1,837,018