Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Adjustment
Common Stock
Additional paid in capital
Additional paid in capital
Adjustment
Accumulated other comprehensive income (loss)
Retained earnings
Retained earnings
Adjustment
Balance at beginning of period at Dec. 31, 2021 $ 821,159 $ (15,997) $ 17 $ 372,969 $ (51,130) $ (917) $ 449,090 $ 35,133
Balance at beginning of period (in shares) at Dec. 31, 2021     16,767          
Increase (Decrease) in Stockholders' Equity                
Issuance of common stock under employee stock compensation plans, net of shares withheld for payroll taxes (5,515)     (5,515)        
Issuance of common stock under employee stock compensation plans, net of shares withheld for payroll taxes (in shares)     94          
Share-based compensation 9,044     9,044        
Unrealized net gain (loss) on available-for-sale securities, net of tax (114)         (114)    
Net income (loss) (15,385)           (15,385)  
Balance at end of period at Mar. 31, 2022 793,192   $ 17 325,368   (1,031) 468,838  
Balance at end of period (in shares) at Mar. 31, 2022     16,861          
Balance at beginning of period at Dec. 31, 2021 821,159 $ (15,997) $ 17 372,969 $ (51,130) (917) 449,090 $ 35,133
Balance at beginning of period (in shares) at Dec. 31, 2021     16,767          
Increase (Decrease) in Stockholders' Equity                
Net income (loss) (15,876)              
Balance at end of period at Sep. 30, 2022 816,298   $ 17 348,994   (1,060) 468,347  
Balance at end of period (in shares) at Sep. 30, 2022     16,894          
Balance at beginning of period at Mar. 31, 2022 793,192   $ 17 325,368   (1,031) 468,838  
Balance at beginning of period (in shares) at Mar. 31, 2022     16,861          
Increase (Decrease) in Stockholders' Equity                
Issuance of common stock under employee stock compensation plans, net of shares withheld for payroll taxes 604     604        
Issuance of common stock under employee stock compensation plans, net of shares withheld for payroll taxes (in shares)     21          
Share-based compensation 9,499     9,499        
Unrealized net gain (loss) on available-for-sale securities, net of tax (35)         (35)    
Net income (loss) (895)           (895)  
Balance at end of period at Jun. 30, 2022 802,365   $ 17 335,471   (1,066) 467,943  
Balance at end of period (in shares) at Jun. 30, 2022     16,882          
Increase (Decrease) in Stockholders' Equity                
Issuance of common stock under employee stock compensation plans, net of shares withheld for payroll taxes 724     724        
Issuance of common stock under employee stock compensation plans, net of shares withheld for payroll taxes (in shares)     12          
Share-based compensation 12,597     12,597        
Unrealized net gain (loss) on available-for-sale securities, net of tax 6         6    
Warrant and bond hedge unwind transactions 202     202        
Net income (loss) 404           404  
Balance at end of period at Sep. 30, 2022 816,298   $ 17 348,994   (1,060) 468,347  
Balance at end of period (in shares) at Sep. 30, 2022     16,894          
Balance at beginning of period at Dec. 31, 2022 $ 597,485   $ 17 147,590   (984) 450,862  
Balance at beginning of period (in shares) at Dec. 31, 2022 16,951   16,951          
Increase (Decrease) in Stockholders' Equity                
Issuance of common stock under employee stock compensation plans, net of shares withheld for payroll taxes $ (762)     (762)        
Issuance of common stock under employee stock compensation plans, net of shares withheld for payroll taxes (in shares)     183          
Share-based compensation 5,931     5,931        
Unrealized net gain (loss) on available-for-sale securities, net of tax 49         49    
Final distribution of OmniAb 1,665     1,665        
Net income (loss) 41,949           41,949  
Balance at end of period at Mar. 31, 2023 646,317   $ 17 154,424   (935) 492,811  
Balance at end of period (in shares) at Mar. 31, 2023     17,134          
Balance at beginning of period at Dec. 31, 2022 $ 597,485   $ 17 147,590   (984) 450,862  
Balance at beginning of period (in shares) at Dec. 31, 2022 16,951   16,951          
Increase (Decrease) in Stockholders' Equity                
Net income (loss) $ 33,966              
Balance at end of period at Sep. 30, 2023 $ 667,896   $ 18 183,994   (944) 484,828  
Balance at end of period (in shares) at Sep. 30, 2023 17,421   17,421          
Balance at beginning of period at Mar. 31, 2023 $ 646,317   $ 17 154,424   (935) 492,811  
Balance at beginning of period (in shares) at Mar. 31, 2023     17,134          
Increase (Decrease) in Stockholders' Equity                
Issuance of common stock under employee stock compensation plans, net of shares withheld for payroll taxes 9,110     9,110        
Issuance of common stock under employee stock compensation plans, net of shares withheld for payroll taxes (in shares)     218          
Share-based compensation 7,207     7,207        
Unrealized net gain (loss) on available-for-sale securities, net of tax (32)         (32)    
Net income (loss) 2,290           2,290  
Balance at end of period at Jun. 30, 2023 664,892   $ 17 170,741   (967) 495,101  
Balance at end of period (in shares) at Jun. 30, 2023     17,352          
Increase (Decrease) in Stockholders' Equity                
Issuance of common stock under employee stock compensation plans, net of shares withheld for payroll taxes 3,285   $ 1 3,284        
Issuance of common stock under employee stock compensation plans, net of shares withheld for payroll taxes (in shares)     69          
Share-based compensation 6,884     6,884        
Unrealized net gain (loss) on available-for-sale securities, net of tax 23         23    
Tax return to provision 3,085     3,085        
Net income (loss) (10,273)           (10,273)  
Balance at end of period at Sep. 30, 2023 $ 667,896   $ 18 $ 183,994   $ (944) $ 484,828  
Balance at end of period (in shares) at Sep. 30, 2023 17,421   17,421