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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities    
Net income $ 84,498us-gaap_NetIncomeLoss $ 72,883us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of convertible notes and term loan offering costs 4,066us-gaap_AmortizationOfFinancingCosts 4,817us-gaap_AmortizationOfFinancingCosts
Change in fair value of acquired royalty rights (11,362)pdli_Changeinfairvalueofacquiredroyaltyrights (11,707)pdli_Changeinfairvalueofacquiredroyaltyrights
Losses on Extinguishment of Debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt (6,143)us-gaap_GainsLossesOnExtinguishmentOfDebt
Depreciation, Amortization and Accretion, Net 10us-gaap_DepreciationAmortizationAndAccretionNet (45)us-gaap_DepreciationAmortizationAndAccretionNet
Hedge ineffectiveness on foreign exchange contracts 0us-gaap_OtherIncome (2)us-gaap_OtherIncome
Stock-based compensation expense 501us-gaap_ShareBasedCompensation 194us-gaap_ShareBasedCompensation
Deferred income taxes 3,343us-gaap_DeferredIncomeTaxesAndTaxCredits (1,012)us-gaap_DeferredIncomeTaxesAndTaxCredits
Changes in assets and liabilities:    
Receivables from licensees and other 300us-gaap_IncreaseDecreaseInAccountsReceivable (11,350)us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid and other current assets (6,396)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 844us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accrued interest on notes receivable (2,594)us-gaap_IncreaseDecreaseInNotesReceivableCurrent (3,284)us-gaap_IncreaseDecreaseInNotesReceivableCurrent
Other assets 11us-gaap_IncreaseDecreaseInOtherOperatingAssets 0us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable 297us-gaap_IncreaseDecreaseInAccountsPayableTrade 123us-gaap_IncreaseDecreaseInAccountsPayableTrade
Accrued liabilities (1,081)us-gaap_IncreaseDecreaseInAccruedLiabilities 2,682us-gaap_IncreaseDecreaseInAccruedLiabilities
Increase (Decrease) in Income Taxes Payable (3,293)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 5,335us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Other long-term liabilities 3,546us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities 2,520us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities
Net cash provided by operating activities 71,846us-gaap_NetCashProvidedByUsedInOperatingActivities 68,141us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities    
Payments for (Proceeds from) Productive Assets 938us-gaap_PaymentsForProceedsFromProductiveAssets 23,638us-gaap_PaymentsForProceedsFromProductiveAssets
Purchase of notes receivable 0us-gaap_PaymentsToAcquireNotesReceivable (50,000)us-gaap_PaymentsToAcquireNotesReceivable
Net cash provided by/(used in) investing activities 938us-gaap_NetCashProvidedByUsedInInvestingActivities (26,362)us-gaap_NetCashProvidedByUsedInInvestingActivities
Proceeds from Short-term Debt 100,000us-gaap_ProceedsFromShortTermDebt 0us-gaap_ProceedsFromShortTermDebt
Cash flows from financing activities    
Repurchase of Convertible Notes 22,337us-gaap_PaymentsForRepurchaseOfConvertiblePreferredStock 29,906us-gaap_PaymentsForRepurchaseOfConvertiblePreferredStock
Proceeds from the issuance of Convertible Notes, net 0us-gaap_ProceedsFromConvertibleDebt 300,000us-gaap_ProceedsFromConvertibleDebt
Payment of debt issuance costs (607)us-gaap_PaymentsOfDebtIssuanceCosts (9,824)us-gaap_PaymentsOfDebtIssuanceCosts
Purchase of purchased call options, net of tax 0pdli_Purchaseofpurchasedcalloptionsnetoftax (30,951)pdli_Purchaseofpurchasedcalloptionsnetoftax
Proceeds from Issuance of Warrants 0us-gaap_ProceedsFromIssuanceOfWarrants 11,427us-gaap_ProceedsFromIssuanceOfWarrants
Repayments of Notes Payable 0us-gaap_RepaymentsOfNotesPayable (18,750)us-gaap_RepaymentsOfNotesPayable
Cash dividends paid (24,549)us-gaap_PaymentsOfDividends (24,042)us-gaap_PaymentsOfDividends
Net cash provided by/(used in) financing activities 52,507us-gaap_NetCashProvidedByUsedInFinancingActivities 197,954us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase in cash and cash equivalents 125,291us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 239,733us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of the period 291,377us-gaap_CashAndCashEquivalentsAtCarryingValue [1]  
Cash and cash equivalents at end of period 416,668us-gaap_CashAndCashEquivalentsAtCarryingValue [2]  
Supplemental cash flow information    
Cash paid for income taxes 52,000us-gaap_IncomeTaxesPaidNet 34,000us-gaap_IncomeTaxesPaidNet
Cash paid for interest 6,332us-gaap_InterestPaid 5,454us-gaap_InterestPaid
Other Significant Noncash Transaction, Value of Consideration Given $ 9,794us-gaap_OtherSignificantNoncashTransactionValueOfConsiderationGiven1 $ 157,591us-gaap_OtherSignificantNoncashTransactionValueOfConsiderationGiven1
[1] Note 1
[2] unaudited