Annual report pursuant to Section 13 and 15(d)

Balance Sheet Account Details (Tables)

v3.10.0.1
Balance Sheet Account Details (Tables)
12 Months Ended
Dec. 31, 2018
Other Balance Sheet Details [Abstract]  
Schedule of Investment Categories
The following table summarizes the various investment categories at December 31, 2018 and 2017 (in thousands):
Cost
Gross unrealized
gains
Gross unrealized
losses
Estimated
fair value
December 31, 2018
Short-term investments
Bank deposits $ 311,066  $ 26  $ (29) $ 311,063 
Corporate bonds 53,223  (45) 53,179 
Corporate equity securities 135  1,191  —  1,326 
Commercial paper 225,731  (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 
December 31, 2017
Short-term investments
Bank deposits $ 80,095  $ $ (42) $ 80,059 
Corporate bonds 55,335  —  (96) 55,239 
Corporate equity securities 207  1689  —  1,896 
Commercial paper 27,933  —  (20) 27,913 
Agency bonds 4,991  —  (1) 4,990 
U.S. Government bonds 8,939  —  (10) 8,929 
Municipal bonds 2,028  —  (13) 2,015 
$ 179,528  $ 1,695  $ (182) $ 181,041 
Schedule of Other Current Assets
Other current assets consist of the following (in thousands):
  December 31,
  2018 2017
Restricted cash $ 2,616  $ — 
Investment in Viking warrants 9,257  — 
Other 8,545  1,514 
$ 20,418  $ 1,514 
Schedule of Property and Equipment
Property and equipment is stated at cost and consists of the following (in thousands):
December 31,
2018 2017
Lab and office equipment $ 4,183  $ 3,460 
Leasehold improvements 2,418  1,917 
Computer equipment and software 936  697 
7,537  6,074 
Less accumulated depreciation and amortization (2,165) (1,862)
$ 5,372  $ 4,212 
Schedule of Goodwill and Other Identifiable Intangible Assets
Goodwill and identifiable intangible assets consist of the following (in thousands):
December 31,
2018 2017
Indefinite lived intangible assets
IPR&D $ —  $ 7,923 
Goodwill 86,646  85,959 
Definite lived intangible assets
Complete technology 235,413  222,900 
Less: Accumulated amortization (35,070) (23,301)
Trade name 2,642  2,642 
Less: Accumulated amortization (1,048) (916)
Customer relationships 29,600  29,600 
Less: Accumulated amortization (11,744) (10,264)
Total goodwill and other identifiable intangible assets, net $ 306,439  $ 314,543 
Schedule of Accrued Liabilities
Accrued liabilities consist of the following (in thousands):
  December 31,
  2018 2017
Compensation $ 4,045  $ 4,085 
Legal 942  430 
Amounts owed to former licensees 428  396 
Royalties owed to third parties 1,025  954 
Payments due to broker for share repurchases 4,613  — 
Return reserve 3,590  — 
Restructuring 1,093  — 
Other 3,464  1,512 
$ 19,200  $ 7,377 
Schedule of Contingent Liabilities
The following table summarizes contingent liabilities as of December 2018 and 2017 (in thousands):

December 31, 2016 Payments Fair Value Adjustment Additions December 31, 2017 Payments Fair Value Adjustment December 31, 2018
Cydex $ 6,600  $ (5,000) $ —  $ —  $ 1,600  $ (25) $ (1,050) $ 525 
Metabasis $ 1,500  $ —  $ 2,500  $ —  $ 4,000  $ (3,900) $ 5,400  $ 5,500 
Crystal $ —  $ —  $ —  $ 8,400  $ 8,400  $ (1,000) $ (924) $ 6,476 
Total $ 8,100  $ (5,000) $ 2,500  $ 8,400  $ 14,000  $ (4,925) $ 3,426  $ 12,501