2019 Q4 Form 10-Q Financial Statement

#000104847719000015 Filed on October 29, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q2
Revenue $454.4M $461.1M $387.8M
YoY Change 28.65% 17.72% 4.0%
Cost Of Revenue $95.90M $96.95M $77.44M
YoY Change 27.87% 22.89% -2.0%
Gross Profit $358.5M $364.1M $310.3M
YoY Change 28.86% 16.41% 5.62%
Gross Profit Margin 78.9% 78.97% 80.03%
Selling, General & Admin $187.8M $170.1M $160.8M
YoY Change 11.32% 14.5% 4.88%
% of Gross Profit 52.38% 46.72% 51.8%
Research & Development $172.8M $173.0M $185.6M
YoY Change -1.48% 7.16% 5.73%
% of Gross Profit 48.2% 47.5% 59.82%
Depreciation & Amortization $25.80M $24.24M $21.53M
YoY Change 4.45% -8.88% 7.11%
% of Gross Profit 7.2% 6.66% 6.94%
Operating Expenses $376.9M $343.1M $346.4M
YoY Change 7.17% 10.68% 5.33%
Operating Profit -$18.40M $4.010M -$41.35M
YoY Change -74.97% -125.47% 63.69%
Interest Expense -$2.300M $2.937M $6.866M
YoY Change -171.88% -75.79% -43.84%
% of Operating Profit 73.24%
Other Income/Expense, Net $900.0K $4.000M $500.0K
YoY Change -129.03% 53.85% -82.14%
Pretax Income -$9.800M $9.822M -$41.90M
YoY Change -77.37% -150.59% 43.59%
Income Tax -$24.80M -$45.21M -$4.460M
% Of Pretax Income -460.33%
Net Earnings $15.00M $55.04M -$37.44M
YoY Change -505.41% -536.1% 122.93%
Net Earnings / Revenue 3.3% 11.94% -9.65%
Basic Earnings Per Share $0.31 -$0.21
Diluted Earnings Per Share $83.57K $0.30 -$0.21
COMMON SHARES
Basic Shares Outstanding 179.6M shares 179.3M shares 179.0M shares
Diluted Shares Outstanding 185.9M shares 179.0M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $753.8M $720.8M $731.1M
YoY Change -30.48% -50.06% -46.36%
Cash & Equivalents $437.4M $423.2M $307.6M
Short-Term Investments $316.4M $297.6M $423.5M
Other Short-Term Assets $130.7M $126.5M $119.8M
YoY Change 32.78% 76.5% 49.54%
Inventory $680.3M $609.0M $578.7M
Prepaid Expenses
Receivables $377.4M $403.0M $377.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.942B $1.859B $1.807B
YoY Change -5.55% -22.78% -20.76%
LONG-TERM ASSETS
Property, Plant & Equipment $1.011B $969.3M $963.0M
YoY Change 6.55% 4.9% 6.94%
Goodwill $197.0M $197.0M $197.0M
YoY Change 0.0%
Intangibles $456.6M $462.8M $476.6M
YoY Change -7.16%
Long-Term Investments $412.0M $431.8M $375.0M
YoY Change 74.65% 110.74% 33.93%
Other Assets $122.0M $112.6M $99.46M
YoY Change 233.65% -75.87% -78.6%
Total Long-Term Assets $2.748B $2.699B $2.587B
YoY Change 15.9% 17.98% 10.32%
TOTAL ASSETS
Total Short-Term Assets $1.942B $1.859B $1.807B
Total Long-Term Assets $2.748B $2.699B $2.587B
Total Assets $4.690B $4.558B $4.393B
YoY Change 5.94% -2.92% -5.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $241.0M $233.5M $223.9M
YoY Change 15.81% 29.29% 33.27%
Accrued Expenses $287.9M $223.2M $180.6M
YoY Change 35.16% 26.75% 8.01%
Deferred Revenue $13.04M
YoY Change 788.68%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $365.1M $3.000M $2.900M
YoY Change -99.2% -99.22%
Total Short-Term Liabilities $932.5M $493.7M $439.4M
YoY Change 78.22% -41.13% -45.41%
LONG-TERM LIABILITIES
Long-Term Debt $492.9M $853.2M $847.1M
YoY Change -40.64% 3.28% 3.07%
Other Long-Term Liabilities $98.12M $97.43M $103.7M
YoY Change 67.31% -15.64% -8.08%
Total Long-Term Liabilities $98.12M $97.43M $103.7M
YoY Change 67.31% -89.65% -88.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $932.5M $493.7M $439.4M
Total Long-Term Liabilities $98.12M $97.43M $103.7M
Total Liabilities $1.568B $1.484B $1.432B
YoY Change 7.43% -16.66% -17.66%
SHAREHOLDERS EQUITY
Retained Earnings -$1.721B -$1.736B -$1.791B
YoY Change 1.57%
Common Stock $4.833B $4.783B $4.744B
YoY Change 3.49%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.122B $3.074B $2.961B
YoY Change
Total Liabilities & Shareholders Equity $4.690B $4.558B $4.393B
YoY Change 5.94% -2.92% -5.0%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $15.00M $55.04M -$37.44M
YoY Change -505.41% -536.1% 122.93%
Depreciation, Depletion And Amortization $25.80M $24.24M $21.53M
YoY Change 4.45% -8.88% 7.11%
Cash From Operating Activities $57.40M $70.10M -$24.30M
YoY Change 16.19% 48.52% -28.32%
INVESTING ACTIVITIES
Capital Expenditures -$60.80M -$35.40M -$38.40M
YoY Change 44.42% -28.92% 70.67%
Acquisitions
YoY Change
Other Investing Activities $12.00M $84.10M $58.00M
YoY Change -141.52% -81.4% 112.45%
Cash From Investing Activities -$48.90M $48.70M $19.70M
YoY Change -31.03% -87.89% 319.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.000M -2.000M -51.70M
YoY Change -101.09% -138.46% 204.12%
NET CHANGE
Cash From Operating Activities 57.40M 70.10M -24.30M
Cash From Investing Activities -48.90M 48.70M 19.70M
Cash From Financing Activities 4.000M -2.000M -51.70M
Net Change In Cash 12.50M 116.8M -56.30M
YoY Change -103.22% -74.31% 21.86%
FREE CASH FLOW
Cash From Operating Activities $57.40M $70.10M -$24.30M
Capital Expenditures -$60.80M -$35.40M -$38.40M
Free Cash Flow $118.2M $105.5M $14.10M
YoY Change 29.18% 8.76% -223.68%

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NATURE OF OPERATIONS<div style="line-height:120%;padding-top:16px;text-indent:48px;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">BioMarin Pharmaceutical Inc. (the Company) is a global biotechnology company that develops and commercializes innovative therapies for people with serious and life-threatening rare diseases and medical conditions. The Company selects product candidates for diseases and conditions that represent a significant unmet medical need, have well-understood biology and provide an opportunity to be first-to-market or offer a significant benefit over existing products. The Company’s portfolio consists of several commercial therapies and multiple clinical and preclinical product candidates.</span></div><div style="line-height:120%;padding-top:16px;text-indent:48px;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">The Company expects to continue to finance future cash needs that exceed its operating activities primarily through its current cash, cash equivalents and investments and through proceeds from debt or equity offerings, commercial borrowing, or through collaborative agreements with corporate partners. If the Company elects to increase its spending on development programs significantly above current long-term plans or enters into potential licenses and other acquisitions of complementary technologies, products or companies, the Company may need additional capital.</span></div>
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BASIS OF PRESENTATION<div style="line-height:120%;padding-top:16px;text-indent:48px;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">The accompanying Condensed Consolidated Financial Statements have been prepared pursuant to United States (U.S.) generally accepted accounting principles (U.S. GAAP) and the rules and regulations of the SEC for Quarterly Reports on Form 10-Q and do not include all of the information and note disclosures required by U.S. GAAP for complete financial statements, although the Company believes that the disclosures herein are adequate to ensure that the information presented is not misleading. The Condensed Consolidated Financial Statements should therefore be read in conjunction with the Consolidated Financial Statements and Notes thereto for the fiscal year ended </span><span style="font-family:Arial;font-size:9pt;">December 31, 2018</span><span style="font-family:Arial;font-size:9pt;"> included in the Company’s Annual Report on Form 10-K. The results of operations for the </span><span style="font-family:Arial;font-size:9pt;">three and nine</span><span style="font-family:Arial;font-size:9pt;"> months ended </span><span style="font-family:Arial;font-size:9pt;">September 30, 2019</span><span style="font-family:Arial;font-size:9pt;"> are not necessarily indicative of the results that may be expected for the fiscal year ending </span><span style="font-family:Arial;font-size:9pt;">December 31, 2019</span><span style="font-family:Arial;font-size:9pt;"> or any other period.</span></div><div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">On January 1, 2019, the Company adopted Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 842, </span><span style="font-family:Arial;font-size:9pt;font-style:italic;">Leases</span><span style="font-family:Arial;font-size:9pt;"> (ASC Topic 842) using the modified retrospective method for all lease arrangements at the beginning of the period of adoption. Results for reporting periods beginning January 1, 2019 are presented under ASC Topic 842, while prior period amounts were not adjusted and continue to be presented in accordance with the Company’s historical accounting under ASC Topic 840, </span><span style="font-family:Arial;font-size:9pt;font-style:italic;">Leases</span><span style="font-family:Arial;font-size:9pt;">. ASC Topic 842 had a material impact on the Company’s Condensed Consolidated Balance Sheet but did not have a significant impact on the Company’s consolidated net loss. The Company elected to use the practical expedient allowing the use-of-hindsight and reassessed the lease term for all unexpired leases that commenced before the effective date of ASC Topic 842. For leases that commenced and expired before the effective date of ASC Topic 842, the Company elected not to reassess the expired leases. The Company also elected not to include leases with initial terms of twelve months or less in the recognized right-of-use (ROU) assets and lease liabilities.</span></div><div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">As a result of the cumulative impact of adopting ASC Topic 842, the Company recorded lease ROU assets of </span><span style="font-family:Arial;font-size:9pt;"><span>$55.9 million</span></span><span style="font-family:Arial;font-size:9pt;"> and lease liabilities of </span><span style="font-family:Arial;font-size:9pt;"><span>$59.0 million</span></span><span style="font-family:Arial;font-size:9pt;"> as of January 1, 2019, primarily related to real estate and equipment, based on the present value of future lease payments on the date of adoption. The difference between the ROU assets and lease liabilities was recorded as an adjustment to Accumulated Deficit. Refer to Note 11 for additional disclosures required by ASC Topic 842.  </span></div><div style="line-height:120%;padding-top:16px;text-indent:48px;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">On January 1, 2019, the Company adopted Accounting Standards Update No. 2017-12, </span><span style="font-family:Arial;font-size:9pt;font-style:italic;">Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities</span><span style="font-family:Arial;font-size:9pt;"> (ASU 2017-12), using the modified retrospective method. This ASU provides new guidance about income statement classification and eliminates the requirement to separately measure and report hedge ineffectiveness. Results for reporting periods beginning January 1, 2019 are presented under ASU 2017-12, while prior period amounts were not adjusted and continue to be presented in accordance with the Company’s historical accounting. The adoption of this ASU did not have a material impact on the Company’s Condensed Consolidated Financial Statements. See Note 10 for additional disclosures required by ASU 2017-12.</span></div><div style="line-height:120%;padding-top:16px;text-indent:48px;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">U.S. GAAP requires management to make estimates and assumptions that affect amounts reported in the Condensed Consolidated Financial Statements and accompanying disclosures. Although these estimates are based on management’s best knowledge of current events and actions that the Company may undertake in the future, actual results may be different from those estimates. The Condensed Consolidated Financial Statements reflect all adjustments of a normal, recurring nature that are, in the opinion of management, necessary for a fair presentation of results for these interim periods.</span></div><div style="line-height:120%;padding-top:16px;text-indent:48px;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">Management performed an evaluation of the Company’s activities through the date of filing of this Quarterly Report on Form 10-Q, and has concluded that there were no subsequent events or transactions that occurred subsequent to the balance sheet date prior to filing this Quarterly Report on Form 10-Q that would require recognition or disclosure in the Condensed Consolidated Financial Statements.</span></div>
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OperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
13406000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
52772000 USD
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
12496000 USD
CY2019Q3 bmrn Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
65268000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
4277000 USD
us-gaap Lease Cost
LeaseCost
12212000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y2M12D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.052
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.054
CY2019Q3 bmrn Lessee Operating Lease Lease Notyet Commenced Liability
LesseeOperatingLeaseLeaseNotyetCommencedLiability
0 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
5918000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
454000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2027000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9268000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
72000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
12976000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
12549000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
11198000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
10574000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
9993000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
27701000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
84991000 USD
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
12200000 USD
CY2018Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
2100000 USD
CY2018Q4 us-gaap Deferred Rent Asset Net Current
DeferredRentAssetNetCurrent
500000 USD
CY2019Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
870000000.0 USD
CY2019Q3 us-gaap Convertible Debt
ConvertibleDebt
843616000 USD
CY2018Q4 us-gaap Convertible Debt
ConvertibleDebt
830417000 USD
CY2019Q3 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
875010000 USD
CY2018Q4 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
911348000 USD
CY2019Q3 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
24492000 USD
CY2019Q3 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
4808000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
120000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
19564000 USD
us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
42684000 USD
us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
9286000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
1666000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
31732000 USD
CY2018Q3 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
4830000 USD
CY2018Q3 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
5523000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
338000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1031000 USD
CY2017Q4 bmrn Stockholders Equity Adjusted Balance
StockholdersEquityAdjustedBalance
-23547000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
226000 USD
us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
18692000 USD
us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
-2921000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
29600000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
21387000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
461097000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
391706000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1249605000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1137998000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
14300000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
39173000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
37046000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
121763000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
112261000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
5100000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
13200000 USD
CY2018Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
5300000 USD
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
107473 shares
CY2019Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-45200000 USD
CY2019Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-27100000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
55036000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-12620000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-38872000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-73561000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
55973000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-12620000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-38872000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-73561000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
179289000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
177481000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
178873000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
176767000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
185924000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
177481000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
178873000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
176767000 shares
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.42
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.42
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13394000 shares
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
23479000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
20028000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
23479000 shares
bmrn Contingent Payments Upon Achievement Of Certain Development And Regulatory Activities Commercial Sales And Licensing Milestones
ContingentPaymentsUponAchievementOfCertainDevelopmentAndRegulatoryActivitiesCommercialSalesAndLicensingMilestones
376900000 USD
CY2019Q3 bmrn Contingent Liability Accrual Sales And Licensing Milestones
ContingentLiabilityAccrualSalesAndLicensingMilestones
69100000 USD
CY2019Q3 bmrn Contingent Liability Accrual Sales And Licensing Milestones Current
ContingentLiabilityAccrualSalesAndLicensingMilestonesCurrent
20200000 USD

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