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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 106,752 $ 194,905
Short-term investments 1,281,913 1,140,445
Accounts receivable 42,894 43,213
Inventory 11,778 11,381
Advance payments to contract manufacturers 27,425 26,450
Other current assets 19,352 21,293
Total current assets 1,490,114 1,437,687
Long-term investments 455,867 582,889
Property, plant and equipment, net 58,158 48,851
Operating lease right-of-use assets 83,475  
Goodwill 76,501 76,501
Other assets 2,367 4,244
Total assets 2,166,482 2,150,172
Current liabilities:    
Accounts payable 11,012 5,854
Accrued compensation 18,371 9,937
Accrued contract manufacturing expenses 21,384 23,841
Accrued clinical trial expenses 17,496 14,700
Other accrued expenses 14,624 9,580
Interest payable 4,090 4,198
Operating lease liabilities, current portion 1,649  
Deferred revenue, current portion 11,092 13,892
Total current liabilities 99,718 82,002
Senior secured notes, net 247,386 246,950
Operating lease liabilities, less current portion 95,024  
Liability related to the sale of future royalties, net 80,837 82,911
Deferred revenue, less current portion 9,340 10,744
Other long-term liabilities 666 9,990
Total liabilities 532,971 432,597
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized; no shares designated or outstanding at March 31, 2019 or December 31, 2018 0 0
Common stock, $0.0001 par value; 300,000 shares authorized; 174,228 shares and 173,530 shares outstanding at March 31, 2019 and December 31, 2018, respectively 17 17
Capital in excess of par value 3,178,773 3,147,925
Accumulated other comprehensive loss (2,716) (6,316)
Accumulated deficit (1,542,563) (1,424,051)
Total stockholders’ equity 1,633,511 1,717,575
Total liabilities and stockholders’ equity $ 2,166,482 $ 2,150,172