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Stockholders' Equity
6 Months Ended
Jun. 30, 2014
Stockholders' Equity
11. Stockholders’ Equity

Common Stock

On January 29, 2013, the Company sold 16,489,893 shares of its common stock in an underwritten public offering at a purchase price of $19.60 per share. Net proceeds of this offering, after underwriting discounts and commissions and expenses, were approximately $310.0 million.

On December 14, 2011, the Company filed a shelf registration statement with the Securities and Exchange Commission (“SEC”), for the issuance of an unspecified amount of common stock, preferred stock, various series of debt securities and/or warrants to purchase any of such securities, either individually or in units, from time to time at prices and on terms to be determined at the time of any such offering. This registration statement was effective upon filing and will remain in effect for up to three years from filing.

Changes in Stockholders’ Equity

The changes in stockholders’ equity for the six-month period ended June 30, 2014 were as follows:

 

$ in thousands

 

 

Common Stock

    Additional
Paid-in
Capital
    Accumulated
Other
Comprehensive
Income (Loss)
    Accumulated
Deficit
    Total  
  Shares     Amount          

Balance, January 1, 2014

    185,896,080      $ 186      $ 1,238,859      $ (1,535   $ (1,051,993   $ 185,517   

Issuance of common stock pursuant to ARIAD stock plans

    966,397        1        2,262            2,263   

Stock-based compensation

        16,945            16,945   

Payment of tax withholding obligations related to stock-based compensation

        (558         (558

Equity component of convertible debt

        40,896            40,896   

Purchase of convertible bond hedge

        (43,220         (43,220

Sale of warrants

        27,580            27,580   

Net loss

          84        (106,743     (106,659
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance, June 30, 2014

    186,862,477      $ 187      $ 1,282,764      $ (1,451   $ (1,158,736   $ 122,764