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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 510,085,000 [1],[2] $ 147,154,000 [3]
Short-term investments 6,409,000 [1] 19,987,000 [3]
Accounts receivable, net 17,465,000 [1] 40,120,000 [3]
Notes receivable 57,545,000 [1] 111,182,000 [3]
Prepaid and other current assets 9,510,000 [1] 1,704,000 [3]
Total current assets 613,230,000 [1] 398,031,000 [3]
Property and equipment, net 8,130,000 [1] 38,000 [3]
Accounts Receivable, Net, Noncurrent [1] 1,400,000 0
Investments-other [1] 0 75,000,000
Inventory, Net [1] 12,216,000 2,884,000
Royalty rights 351,969,000 [1] 402,318,000 [3]
Notes and other receivables, long-term 13,091,000 [1] 159,768,000 [3]
Long-term deferred tax assets 6,186,000 [1] 19,257,000 [3]
Intangible Assets, Net (Excluding Goodwill) [1] 222,074,000 228,542,000
Other assets 7,758,000 [1] 7,433,000 [3]
Total assets 1,223,838,000 [1] 1,215,387,000 [3]
Current liabilities:    
Accounts payable 10,448,000 [1] 7,016,000 [3]
Accrued liabilities 51,607,000 [1] 30,575,000 [3]
Accrued Income Taxes, Current 7,155,000 [1] 4,723,000 [3]
Anniversary payment [1] 0 88,001,000
Convertible Notes Payable, Current 124,922,000 [1] 0 [3]
Total current liabilities 194,132,000 [1] 130,315,000 [3]
Convertible notes payable 115,716,000 [1] 232,443,000 [3]
Business Combination, Contingent Consideration, Liability, Noncurrent [1] 45,000,000 42,650,000
Other long-term liabilities 46,008,000 [1] 54,556,000 [3]
Total liabilities 400,856,000 [1] 459,964,000 [3]
Commitments and contingencies (Note 11) [1] [3]
Stockholders' deficit:    
Preferred stock, par value $0.01 per share, 10,000 shares authorized; no shares issued and outstanding 0 [1] 0 [3]
Common stock, par value $0.01 per share, 350,000 shares authorized; 154,339 and 165,538 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively 1,543,000 [1] 1,655,000 [3]
Additional paid-in capital (102,591,000) [1] (107,628,000) [3]
Accumulated other comprehensive income [3]   0
Unrealized Gain (Loss) on Investments [1] 648,000 0
Retained earnings 923,382,000 [1] 857,116,000 [3]
Total PDL’s stockholders’ equity 822,982,000 [1] 751,143,000 [3]
Noncontrolling Interest in Variable Interest Entity 0 4,280,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 822,982,000 755,423,000
Total liabilities and stockholders’ equity $ 1,223,838,000 [1] $ 1,215,387,000 [3]
[1] unaudited
[2] unaudited
[3] Note 1