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Stockholders' Equity
9 Months Ended
Sep. 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 nine-month period ended September 30, 2014 were as follows:

 

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

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

     1,245,815         1         3,058            3,059   

Stock-based compensation

           24,583            24,583   

Payment of tax withholding obligations related to stock-based compensation

           (716         (716

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

             244        (156,851     (156,607
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Balance, September 30, 2014

     187,141,895       $ 187       $ 1,291,040      $ (1,291   $ (1,208,844   $ 81,092