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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Disposal Group, Including Discontinued Operation, Liabilities, Current $ 24,554 $ 31,095
Other Noncontrolling Interests (110) 78
Current assets:    
Cash and cash equivalents 125,512 [1] 168,982 [2]
Accounts receivable, net 7,865 [1] 6,559 [2]
Notes receivable 52,577 [1] 52,583 [2]
Prepaid and other current assets 22,012 [1] 7,344 [2]
Total current assets 551,256 [1] 313,895 [2]
Property and equipment, net 3,264 [1] 2,560 [2]
Inventory, Net [1] 10,542 8,061
Disposal Group, Including Discontinued Operation, Assets, Current 332,748 70,366
Investments 70,933 82,267
Notes receivable, long-term 722 [1] 827 [2]
Intangible Assets, Net (Excluding Goodwill) [1] 12,884 13,186
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent 0 281,087
Other assets 20,744 [1] 23,384 [2]
Total assets 659,803 [1] 717,206 [2]
Current liabilities:    
Accounts payable 5,229 [1] 2,675 [2]
Accrued liabilities 11,959 [1] 11,923 [2]
Total current liabilities 41,742 [1] 45,693 [2]
Convertible notes payable 13,302 [1] 27,250 [2]
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent 0 120
Other long-term liabilities 51,644 50,865
Total liabilities 106,688 [1] 123,928 [2]
Commitments and contingencies (Note 13) [1] [2]
Stockholders' deficit:    
Preferred stock, par value $0.01 per share, 10,000 shares authorized; no shares issued and outstanding 0 [1] 0 [2]
Common stock, par value $0.01 per share, 350,000 shares authorized; 114,185 and 136,513 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 1,205 [1] 1,243 [2]
Additional paid-in capital (66,867) [1] (78,875) [2]
Treasury Stock, Value 2,244 0
Retained earnings 621,131 [1] 670,832 [2]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 553,115 593,278
Total liabilities and stockholders’ equity 659,803 [1] 717,206 [2]
Total PDL’s stockholders’ equity 553,225 [1] 593,200 [2]
Discontinued Operations, Held-for-sale [Member]    
Current assets:    
Cash and cash equivalents 21,305 24,469
Accounts receivable, net 8,559 6,993
Prepaid and other current assets 8,859 7,192
Property and equipment, net 2,908 2,960
Inventory, Net 30,083 31,712
Royalty rights 262,021 266,196
Intangible Assets, Net (Excluding Goodwill) 9,723 10,112
Total assets 332,748 351,453
Current liabilities:    
Accounts payable 7,432 14,695
Accrued liabilities [1] 17,122 16,400
Total liabilities $ 24,554 $ 31,215
[1] unaudited
[2] Note 1