Balance Sheet Account Details (Tables)
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12 Months Ended |
Dec. 31, 2019 |
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| Other Balance Sheet Details [Abstract] |
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| Schedule of Investment Categories |
The following table summarizes the various investment categories at December 31, 2019 and 2018 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Cost | | Gross unrealized gains | | Gross unrealized losses | | Estimated fair value | | December 31, 2019 | | | | | | | | | Short-term investments | | | | | | | | | Bank deposits | $ | 411,690 | | | $ | 188 | | | $ | (3) | | | $ | 411,875 | | | Corporate bonds | 63,818 | | | 161 | | | — | | | 63,979 | | | Corporate equity securities | 4,506 | | | 416 | | | (1,850) | | | 3,072 | | | Commercial paper | 210,525 | | | 43 | | | (16) | | | 210,552 | | | Warrants | — | | | 125 | | | — | | | 125 | | | Mutual fund | 250,635 | | | — | | | (249) | | | 250,386 | | | $ | 941,174 | | | $ | 933 | | | $ | (2,118) | | | $ | 939,989 | | | December 31, 2018 | | | | | | | | | Short-term investments | | | | | | | | | Bank deposits | $ | 311,066 | | | $ | 26 | | | $ | (29) | | | $ | 311,063 | | | Corporate bonds | 53,223 | | | 1 | | | (45) | | | 53,179 | | | Corporate equity securities | 135 | | | 1,191 | | | — | | | 1,326 | | | Commercial paper | 225,731 | | | 8 | | | (76) | | | 225,663 | | | U.S. Government bonds | 7,982 | | | — | | | (9) | | | 7,973 | | | Municipal bonds | 2,017 | | | — | | | (4) | | | 2,013 | | | $ | 600,154 | | | $ | 1,226 | | | $ | (163) | | | $ | 601,217 | |
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| Schedule of Property and Equipment |
Property and equipment are stated at cost and consists of the following (in thousands): | | | | | | | | | | | | | December 31, | | | | 2019 | | 2018 | | Lab and office equipment | $ | 6,307 | | | $ | 4,183 | | | Leasehold improvements | 2,729 | | | 2,418 | | | Computer equipment and software | 999 | | | 936 | | | 10,035 | | | 7,537 | | | Less accumulated depreciation and amortization | (2,850) | | | (2,165) | | | $ | 7,185 | | | $ | 5,372 | |
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| Schedule of Goodwill and Other Identifiable Intangible Assets |
Goodwill and identifiable intangible assets consist of the following (in thousands): | | | | | | | | | | | | | As of December 31, | | | | 2019 | | 2018 | | Indefinite lived intangible assets | | | | | Goodwill | $ | 95,229 | | | $ | 86,646 | | | Definite lived intangible assets | | | | | Complete technology | 242,813 | | | 235,413 | | Less: Accumulated amortization(1) | (50,203) | | | (35,070) | | | Trade name | 2,642 | | | 2,642 | | | Less: Accumulated amortization | (1,180) | | | (1,048) | | | Customer relationships | 29,600 | | | 29,600 | | | Less: Accumulated amortization | (13,224) | | | (11,744) | | | Total goodwill and other identifiable intangible assets, net | $ | 305,677 | | | $ | 306,439 | | | | | |
(1) Accumulated amortization for complete technology includes immaterial amount of foreign currency translation adjustments for the complete technology acquired from the Vernalis acquisition.
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| Schedule of Accrued Liabilities |
Accrued liabilities consist of the following (in thousands): | | | | | | | | | | | | | | December 31, | | | | | 2019 | | 2018 | | Compensation | $ | 1,986 | | | $ | 4,045 | | | Legal | 1,135 | | | 942 | | | Amounts owed to former licensees | 381 | | | 428 | | | Royalties owed to third parties | — | | | 1,025 | | | | | | | Payments due to broker for share repurchases | — | | | 4,613 | | | Return reserve | 3,027 | | | 3,590 | | | Restructuring | — | | | 1,093 | | | Current operating lease liabilities | 1,242 | | | — | | | Other | 2,065 | | | 3,464 | | | $ | 9,836 | | | $ | 19,200 | |
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| Schedule of Contingent Liabilities |
The following table summarizes rollfoward of contingent liabilities as of December 2019 and 2018 (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2017 | Payments | Fair Value Adjustment | | | December 31, 2018 | Payments | Fair Value Adjustment | Repurchases | December 31, 2019 | | Cydex | $ | 1,589 | | $ | (25) | | $ | (1,050) | | | | $ | 514 | | $ | (50) | | $ | (116) | | $ | — | | $ | 348 | | | Metabasis | 3,971 | | (3,860) | | 5,440 | | | | 5,551 | | — | | 904 | | (520) | | 5,935 | | | Crystal | 8,401 | | (1,000) | | (924) | | | | 6,477 | | (3,000) | | (818) | | — | | 2,659 | | | Total | $ | 13,961 | | $ | (4,885) | | $ | 3,466 | | | | $ | 12,542 | | $ | (3,050) | | $ | (30) | | $ | (520) | | $ | 8,942 | |
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