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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Inventory Write-down $ 112 $ 0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 7,194 55,887
Capital Expenditures Incurred but Not yet Paid (288) 0
Assets held for sale reclassified from notes receivable to other assets 10,000 0
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of convertible notes and term loan offering costs 2,675 2,461
Amortization of Intangible Assets 6,015 0
Change in fair value of acquired royalty rights (13,146) 27,102
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Change in Unrealized Gain (Loss) (100) 329
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 1,442 0
Depreciation, Amortization and Accretion, Net 66 9
Gain (Loss) on Sale of Investments (44) (136)
Stock-based compensation expense 1,112 786
Deferred income taxes 15,321 (8,215)
Changes in assets and liabilities:    
Receivables from licensees and other 12,441 0
Receivables from licensees and other (6,000) 0
Prepaid and other current assets (2,073) (430)
Accrued interest on notes receivable (75) (1,951)
Increase (Decrease) in Inventories (761) 0
Other assets 16 (2,439)
Accounts payable 10,932 268
Accrued liabilities 4,944 (1,169)
Increase (Decrease) in Income Taxes Payable 4,586 17,647
Other long-term liabilities (10,875) 2,357
Net cash provided by operating activities 45,782 92,506
Cash flows from investing activities    
Payments to Acquire Investments 15,975 0
Proceeds from Sale of Available-for-sale Securities, Equity 16,015 273
Payments for (Proceeds from) Productive Assets 13,494 17,221
Proceeds from Sale of Productive Assets 108,169 0
Purchase of notes receivable 0 (5,000)
Proceeds from Collection of Notes Receivable 7,890 0
Payments to Acquire Property, Plant, and Equipment 534 0
Net cash used in investing activities 129,059 12,494
Cash flows from financing activities    
Repayments of Notes Payable 0 (25,000)
Cash dividends paid (21) (8,233)
Payments for Repurchase of Common Stock (7,647) 0
Net cash used in financing activities (7,668) (33,233)
Net increase (decrease) in cash and cash equivalents 167,173 71,767
Cash and cash equivalents at beginning of the period 147,154 [1] 218,883
Cash and cash equivalents at end of period 314,327 [2],[3] 290,650
Supplemental cash flow information    
Cash paid for income taxes 120 22,000
Cash paid for interest 2,529 5,001
Line of Credit Facility, Commitment Fee Amount 0 443
Noncash or Part Noncash Acquisition, Other Assets Acquired $ 868 $ 0
[1] Note 1
[2] unaudited
[3] unaudited