Annual report pursuant to Section 13 and 15(d)

Business Combinations (Tables)

v3.10.0.1
Business Combinations (Tables)
12 Months Ended
Dec. 31, 2018
Vernalis  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The preliminary allocation of the consideration was allocated to the acquisition date fair values of acquired assets and assumed liabilities as follows (in thousands):

Cash and cash equivalents  $ 34,286 
Restricted cash  2,836 
Other assets  6,383 
Accounts payable and accrued liabilities  (3,403)
Restructuring and product reserves  (7,118)
Deferred revenue  (746)
Intangibles assets with finite life - core technology 7,000 
Goodwill 3,740 
$ 42,978 
Crystal  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The acquisition consideration was allocated to the acquisition date fair values of acquired assets and assumed liabilities as follows (in thousands):

Cash and cash equivalents $ 224 
Accounts receivable 2,513 
Prepaid expenses and other assets 201 
Property and equipment, net 589 
Current liabilities assumed (354)
Deferred revenue (4,624)
Deferred tax liabilities, net

(9,503)
Intangible asset with finite life - core technology

36,000 
Goodwill 10,697 
Total consideration $ 35,743 
Schedule of Business Acquisitions
The aggregate acquisition consideration was determined to be $35.7 million, consisting of (in thousands):
Cash paid to Crystal shareholders $ 26,877 
Cash payable to Crystal Shareholders 336 
Assumed liabilities 129 
Fair value of contingent consideration 8,401 
Total consideration $ 35,743 
OMT  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The acquisition consideration was allocated to the acquisition date fair values of acquired assets and assumed liabilities as follows (in thousands):

Cash and cash equivalents $ 3,504 
Accounts receivable
Income tax receivable 136 
Prepaid expenses and other current assets
Deferred tax liabilities, net (55,708)
Intangible asset with finite life - core technology 167,000 
Liabilities assumed (1,528)
Goodwill 59,969 
Total consideration $ 173,379 
Schedule of Business Acquisitions The aggregate acquisition consideration was $173.4 million, consisting of (in thousands, except per share amounts):
Cash consideration $ 96,006 
Total share consideration:
Actual number of shares issued 790 
Multiplied by: Ligand closing share price on January 8, 2016 98 
Total share consideration $ 77,373 
Total consideration $ 173,379