XML 20 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows Statement - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income (loss) including noncontrolling interests in operating subsidiaries $ (32,111) $ (12,121)
Adjustments to reconcile net loss including noncontrolling interests in operating subsidiaries to net cash provided by operating activities:    
Change in fair value of investment, net 41,097 0
Depreciation and amortization 5,344 5,540
Non-cash stock compensation (1,024) 2,128
Other (87) (348)
Changes in assets and liabilities:    
Accounts receivable (59) 18,969
Prepaid expenses and other assets (863) (1,738)
Accounts payable and accrued expenses 1,065 (2,576)
Royalties and contingent legal fees payable 36,608 (10,830)
Net cash provided by operating activities 49,970 (976)
Cash flows from investing activities:    
Payments to Acquire Other Investments (7,000) 0
Advances to Investee 0 (1,000)
Purchase of available-for-sale investments (33,309) (174,152)
Maturities and sale of available-for-sale investments 4,000 102,682
Net cash provided by (used in) investing activities (36,309) (72,470)
Cash flows from financing activities:    
Repurchased Restricted Common Stock 7 25
Proceeds from exercises of stock options 31 255
Net cash used in financing activities 24 230
Increase (decrease) in cash and cash equivalents 13,685 (73,216)
Cash and cash equivalents, beginning 136,604 139,052
Cash and cash equivalents, ending $ 150,289 $ 65,836