2023 Q1 Form 10-K Financial Statement

#000155837023001900 Filed on February 23, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $144.8M $129.6M $463.9M
YoY Change 72.85% 373.72% 67.56%
Cost Of Revenue $67.37M $79.83M $254.4M
YoY Change 91.08% 178.21% 101.54%
Gross Profit $77.40M $49.79M $209.5M
YoY Change 59.6% -3835.11% 39.09%
Gross Profit Margin 53.47% 38.41% 45.15%
Selling, General & Admin $52.78M $38.03M $172.2M
YoY Change -3.21% 42.97% 44.74%
% of Gross Profit 68.18% 76.39% 82.19%
Research & Development $0.00 $0.00 $3.983M
YoY Change -100.0% -100.0% -57.86%
% of Gross Profit 0.0% 0.0% 1.9%
Depreciation & Amortization $817.0K $43.10M $2.684M
YoY Change 14.27% 150.33% 54.61%
% of Gross Profit 1.06% 86.57% 1.28%
Operating Expenses $52.78M $38.03M $176.2M
YoY Change -9.8% 15.99% 32.47%
Operating Profit $24.63M $11.76M $33.32M
YoY Change -345.9% -134.46% 89.01%
Interest Expense $21.43M $20.58M $63.21M
YoY Change 267.47% 332.52% 200.81%
% of Operating Profit 87.01% 175.0% 189.72%
Other Income/Expense, Net
YoY Change
Pretax Income -$17.56M -$7.791M -$28.85M
YoY Change 10.83% -79.96% 754.98%
Income Tax -$131.0K -$592.0K -$3.845M
% Of Pretax Income
Net Earnings -$17.43M -$7.199M -$25.00M
YoY Change 33.34% -71.24% -134.96%
Net Earnings / Revenue -12.04% -5.55% -5.39%
Basic Earnings Per Share -$0.51 -$0.21 -$0.74
Diluted Earnings Per Share -$0.51 -$0.21 -$0.74
COMMON SHARES
Basic Shares Outstanding 34.07M 33.57M 33.83M
Diluted Shares Outstanding 34.32M 33.58M 33.83M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $269.5M $173.7M $173.7M
YoY Change 152.56% -6.83% -6.83%
Cash & Equivalents $269.5M $173.7M $173.7M
Short-Term Investments
Other Short-Term Assets $16.80M $57.00K $16.68M
YoY Change 60.76% 111.11% 183.74%
Inventory $32.90M $46.50M $46.50M
Prepaid Expenses $5.614M
Receivables $179.1M $183.1M $183.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $498.3M $420.0M $420.0M
YoY Change 37.03% 33.1% 33.1%
LONG-TERM ASSETS
Property, Plant & Equipment $18.88M $19.52M $26.38M
YoY Change -6.55% 0.15% -2.78%
Goodwill $133.9M $133.7M
YoY Change 1.78%
Intangibles $530.0M $567.5M
YoY Change -23.72% 111.17%
Long-Term Investments
YoY Change
Other Assets $87.00K $100.0K $26.60M
YoY Change 12.99% 14.94% -67.03%
Total Long-Term Assets $716.0M $754.1M $754.1M
YoY Change -18.87% 100.29% 100.29%
TOTAL ASSETS
Total Short-Term Assets $498.3M $420.0M $420.0M
Total Long-Term Assets $716.0M $754.1M $754.1M
Total Assets $1.214B $1.174B $1.174B
YoY Change -2.56% 69.65% 69.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.992M $3.494M $3.494M
YoY Change -22.31% -16.59% -16.59%
Accrued Expenses $24.43M $36.13M $263.4M
YoY Change -40.51% 23.67% 17.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $183.3M $162.5M $162.5M
YoY Change 83.33% 236.07% 236.07%
Total Short-Term Liabilities $412.7M $433.7M $433.7M
YoY Change 10.47% 55.14% 55.14%
LONG-TERM LIABILITIES
Long-Term Debt $615.0M $538.5M $538.5M
YoY Change -8.02% 167.05% 167.05%
Other Long-Term Liabilities $6.873M $7.112M $7.112M
YoY Change -13.14% -10.55% -10.55%
Total Long-Term Liabilities $621.9M $545.6M $545.6M
YoY Change -8.08% 160.31% 160.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $412.7M $433.7M $433.7M
Total Long-Term Liabilities $621.9M $545.6M $545.6M
Total Liabilities $1.035B $979.3M $979.3M
YoY Change -1.48% 100.2% 100.2%
SHAREHOLDERS EQUITY
Retained Earnings -$298.8M -$281.3M
YoY Change 10.9% 9.75%
Common Stock $38.00K $37.00K
YoY Change 5.56% 2.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $179.7M $194.8M $194.8M
YoY Change
Total Liabilities & Shareholders Equity $1.214B $1.174B $1.174B
YoY Change -2.56% 69.65% 69.65%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$17.43M -$7.199M -$25.00M
YoY Change 33.34% -71.24% -134.96%
Depreciation, Depletion And Amortization $817.0K $43.10M $2.684M
YoY Change 14.27% 150.33% 54.61%
Cash From Operating Activities $27.67M $66.33M $124.2M
YoY Change -209.31% 83.23% 19.96%
INVESTING ACTIVITIES
Capital Expenditures $176.0K $940.0K $1.622M
YoY Change 62.96% -282.52% -16.56%
Acquisitions $572.1M
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$176.0K -$940.0K -$573.7M
YoY Change -99.97% 82.52% 29410.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $14.06M
YoY Change -70.62%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 68.30M -25.82M 436.7M
YoY Change -86.81% -39.24% -589.04%
NET CHANGE
Cash From Operating Activities 27.67M 66.33M 124.2M
Cash From Investing Activities -176.0K -940.0K -573.7M
Cash From Financing Activities 68.30M -25.82M 436.7M
Net Change In Cash 95.79M 39.56M -12.74M
YoY Change -220.15% -680.51% -203.48%
FREE CASH FLOW
Cash From Operating Activities $27.67M $66.33M $124.2M
Capital Expenditures $176.0K $940.0K $1.622M
Free Cash Flow $27.50M $65.38M $122.6M
YoY Change -208.15% 78.1% 20.66%

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CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34407959
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.74
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.86
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33829495
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41045805
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35151353
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
87432000
CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6657000
CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
758000
CY2020 coll Stock Withheld For Employee Taxes Upon Vesting Of Restricted Stock Units Value
StockWithheldForEmployeeTaxesUponVestingOfRestrictedStockUnitsValue
-2255000
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
21910000
CY2020 coll Adjustments To Additional Paid In Capital Convertible Debt Equity Component Of Transaction Costs
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtEquityComponentOfTransactionCosts
1773000
CY2020 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
44777000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
26752000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
186031000
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
11869000
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
755000
CY2021 coll Stock Withheld For Employee Taxes Upon Vesting Of Restricted Stock Units Value
StockWithheldForEmployeeTaxesUponVestingOfRestrictedStockUnitsValue
-4149000
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
42861000
CY2021 coll Adjustments To Additional Paid In Capital Forward Contract On Share Repurchase Agreement
AdjustmentsToAdditionalPaidInCapitalForwardContractOnShareRepurchaseAgreement
5000000
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
24255000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
71517000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
202928000
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
11811000
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
337000
CY2022 coll Stock Vested During Period Value Restricted Stock Units
StockVestedDuringPeriodValueRestrictedStockUnits
1000
CY2022 coll Stock Withheld For Employee Taxes Upon Vesting Of Restricted Stock Units Value
StockWithheldForEmployeeTaxesUponVestingOfRestrictedStockUnitsValue
-4044000
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
14063000
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
22874000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-25002000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
194842000
CY2022 us-gaap Profit Loss
ProfitLoss
-25002000
CY2021 us-gaap Profit Loss
ProfitLoss
71517000
CY2021 coll Amortization And Impairment Of Intangible Assets
AmortizationAndImpairmentOfIntangibleAssets
67181000
CY2021 us-gaap Depreciation
Depreciation
1736000
CY2020 us-gaap Depreciation
Depreciation
870000
CY2020 coll Amortization And Impairment Of Intangible Assets
AmortizationAndImpairmentOfIntangibleAssets
60680000
CY2022 us-gaap Depreciation
Depreciation
2684000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-8391000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-78042000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
22874000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
24255000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
21910000
CY2022 coll Operating Lease Payments Non Cash
OperatingLeasePaymentsNonCash
238000
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
21780000
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
22524000
CY2021 coll Operating Lease Payments Non Cash
OperatingLeasePaymentsNonCash
18000
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10367000
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-48274000
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2296000
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8270000
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4606000
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1086000
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1598000
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-707000
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-11131000
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4777000
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5827000
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3769000
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-7838000
CY2022 coll Increase Decrease In Accrued Rebates Returns And Discounts
IncreaseDecreaseInAccruedRebatesReturnsAndDiscounts
-22766000
CY2021 coll Increase Decrease In Accrued Rebates Returns And Discounts
IncreaseDecreaseInAccruedRebatesReturnsAndDiscounts
40442000
CY2020 coll Increase Decrease In Accrued Rebates Returns And Discounts
IncreaseDecreaseInAccruedRebatesReturnsAndDiscounts
-995000
CY2022 coll Increase Decrease In Operating Lease Asset And Liabilities
IncreaseDecreaseInOperatingLeaseAssetAndLiabilities
3000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
124230000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
103557000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
93942000
CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
368226000
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1622000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1944000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5546000
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
572069000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-573691000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1944000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-373772000
CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
337000
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
755000
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
758000
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11811000
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11952000
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6577000
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4044000
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4149000
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2255000
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14063000
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
47861000
CY2020 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
192117000
CY2020 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
138277000
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
75000000
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
50000000
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
37500000
CY2022 coll Proceeds From Term Note Modification
ProceedsFromTermNoteModification
517682000
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
11500000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
436723000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-89303000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
286474000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-12738000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
12310000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
6644000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
188973000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
176663000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
170019000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
176235000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
188973000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
176663000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
173688000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
186426000
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.74
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.05
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
174116000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
188973000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2547000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2547000
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.78
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
176663000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
52528000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
17608000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2547000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
176235000
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.74
CY2021Q4 us-gaap Payments For Restructuring
PaymentsForRestructuring
1335000
us-gaap Payments For Restructuring
PaymentsForRestructuring
3243000
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.86
CY2020 us-gaap Interest Paid Net
InterestPaidNet
18967000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10400000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3005000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
483000
CY2021 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
72000
CY2020 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
293000
CY2020 coll Noncash Or Part Noncash Acquisition Accrued Royalties Discharged
NoncashOrPartNoncashAcquisitionAccruedRoyaltiesDischarged
1145000
CY2021 coll Inventory Used In Construction And Installation Of Property And Equipment
InventoryUsedInConstructionAndInstallationOfPropertyAndEquipment
516000
CY2020 coll Inventory Used In Construction And Installation Of Property And Equipment
InventoryUsedInConstructionAndInstallationOfPropertyAndEquipment
2299000
CY2020 coll Receivable From Stock Option Exercises In Other Current Assets
ReceivableFromStockOptionExercisesInOtherCurrentAssets
80000
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">Use of Estimates</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">The preparation of the consolidated financial statements in accordance with GAAP requires the Company to make estimates and assumptions that impact the reported amounts of assets, liabilities, revenues, costs and expenses and the disclosure of contingent assets and liabilities in the Company’s consolidated financial statements and accompanying notes. Estimates in the Company’s consolidated financial statements include revenue recognition, including the estimates of product returns, discounts and allowances related to commercial sales of products, estimates related to the fair value of assets acquired and liabilities assumed, including acquired intangible assets and the fair value of inventory acquired, estimates utilized in the ongoing valuation of inventory related to potential unsaleable product, estimates of useful lives with respect to intangible assets, accounting for stock-based compensation, contingencies, impairment of intangible assets and deferred tax valuation allowances. The Company bases estimates and assumptions on historical experience when available and on various factors that it believes to be reasonable under the circumstances. The Company evaluates its estimates and assumptions on an ongoing basis. The Company’s actual results may differ from these estimates under different assumptions or conditions.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p>
CY2021Q4 coll Fair Value Assets Level1 To Level2 Transfers Amount1
FairValueAssetsLevel1ToLevel2TransfersAmount1
0
CY2022Q4 coll Fair Value Assets Level1 To Level2 Transfers Amount1
FairValueAssetsLevel1ToLevel2TransfersAmount1
0
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
463933000
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2022Q4 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
138359000
CY2022Q4 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
140873000
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">Concentration of Credit Risk</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Financial instruments, which potentially subject the Company to significant concentration of credit risk, consist primarily of cash and cash equivalents and accounts receivable. The Company maintains its cash deposits primarily with one reputable and nationally recognized financial institution. In addition, as of December 31, 2022, the Company’s cash equivalents were invested in money market funds. The Company has not experienced any material losses in such accounts and management believes that the Company is not exposed to significant credit risk due to the financial position of the financial institutions in which those deposits are held and the nature of the assets in the money market funds. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Three customers comprised 10% or more of the Company’s accounts receivable balance as of December 31, 2022. These customers comprised 37%, 33%, and 28% of the accounts receivable balance as of December 31, 2022 and 46%, 33%, and 20% as of December 31, 2021.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">The same customers comprised 10% or more of the Company’s revenue during the year ended December 31, 2022. These customers comprised 33%, 32%, and 31% of revenue during the year ended December 31, 2022; 35%, 31%, and 29% during the year ended December 31, 2021; and 34%, 31%, and 31% during the year ended December 31, 2020.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">To date, the Company has not experienced any credit losses with respect to the collection of its accounts receivable and has not recorded an allowance for credit losses as of December 31, 2022 or 2021. The Company has no financial instruments with <span style="-sec-ix-hidden:Hidden_qVsQb2ACKkCJVHfgvw9GgQ;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">off</span></span> balance sheet risk of loss.</p>
CY2022 coll Concentration Of Credit Risk Number Of Financial Institution
ConcentrationOfCreditRiskNumberOfFinancialInstitution
1
CY2022Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Asset
FairValueDisclosureOffbalanceSheetRisksAmountAsset
0
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2547000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2547000
CY2022Q4 us-gaap Inventory Net
InventoryNet
46501000
CY2022Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
0
CY2021Q4 us-gaap Restructuring Charges
RestructuringCharges
4578000
CY2022Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0
CY2022 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0
CY2022 us-gaap Derivatives Embedded Derivatives
DerivativesEmbeddedDerivatives
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;background:#ffffff;margin:0pt;"><b style="font-weight:bold;">Embedded Derivatives</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;background:#ffffff;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;background:#ffffff;margin:0pt;">The Company accounts for derivative financial instruments as either equity or liabilities in accordance with Accounting Standards Codification Topic 815, <i style="font-style:italic;">Derivatives and Hedging</i>, based on the characteristics and provisions of each instrument. Embedded derivatives are required to be bifurcated from the host instruments and recorded at fair value if the derivatives are not clearly and closely related to the host instruments on the date of issuance. The Company’s term notes and convertible notes (refer to Note 13, <i style="font-style:italic;">Debt</i>) contain certain features that, in accordance with ASC 815, are not clearly and closely related to the host instrument and represent derivatives that are required to be re-measured at fair value each reporting period. The Company determined that the estimated fair value of the derivatives at issuance and as of December 31, 2022 were not material based on a scenario-based cash flow model that uses unobservable inputs that </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;background:#ffffff;margin:0pt;">reflect the Company’s own assumptions. Should the Company’s assessment of the probabilities around these scenarios change, including due to changes in market conditions, there could be a change to the fair value.</p>
CY2022 us-gaap Revenue Practical Expedient Incremental Cost Of Obtaining Contract
RevenuePracticalExpedientIncrementalCostOfObtainingContract
true
CY2022 coll Returns Policy Threshold Product Return Period
ReturnsPolicyThresholdProductReturnPeriod
P18M
CY2022 coll Returns Policy Threshold Product Return Period Prior To Expiration
ReturnsPolicyThresholdProductReturnPeriodPriorToExpiration
P6M
CY2022 coll Returns Policy Threshold Product Return Period After Expiration
ReturnsPolicyThresholdProductReturnPeriodAfterExpiration
P12M
CY2021 coll Maximum Percentage Of Actual Return To Returns Claimed
MaximumPercentageOfActualReturnToReturnsClaimed
0.20
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
276868000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
310016000
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35151353
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-25002000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
71517000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
26752000
CY2021 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
4675000
CY2022 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-25002000
CY2021 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
76192000
CY2020 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
26752000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33829495
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34936817
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34407959
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33829495
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41045805
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
5600000
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
3685000
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
24672000
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
1007000
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
16229000
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
12702000
CY2022Q4 us-gaap Inventory Net
InventoryNet
46501000
CY2021Q4 us-gaap Inventory Net
InventoryNet
17394000
CY2022 us-gaap Cost Direct Material
CostDirectMaterial
1814000
CY2022 coll Inventory Used In Construction And Installation Of Property And Equipment
InventoryUsedInConstructionAndInstallationOfPropertyAndEquipment
0
CY2021 coll Inventory Used In Construction And Installation Of Property And Equipment
InventoryUsedInConstructionAndInstallationOfPropertyAndEquipment
516000
CY2020 coll Inventory Used In Construction And Installation Of Property And Equipment
InventoryUsedInConstructionAndInstallationOfPropertyAndEquipment
2299000
CY2020 us-gaap Depreciation
Depreciation
870000
CY2022 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
1040000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
5614000
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3602000
CY2022Q4 us-gaap Prepaid Taxes
PrepaidTaxes
5138000
CY2022Q4 coll Prepaid Savings Vouchers
PrepaidSavingsVouchers
1907000
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
960000
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
864000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
57000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
27000
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
3005000
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1386000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
16681000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5879000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
25844000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
24187000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6323000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4696000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
19521000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
19491000
CY2022 us-gaap Depreciation
Depreciation
2684000
CY2021 us-gaap Depreciation
Depreciation
1736000
CY2021 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
96000
CY2020 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
102000
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
133695000
CY2022Q4 us-gaap Goodwill
Goodwill
133695000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
956170000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
388702000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
567468000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
521170000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
252447000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
268723000
CY2022 coll Amortization And Impairment Of Intangible Assets
AmortizationAndImpairmentOfIntangibleAssets
136255000
CY2021 coll Amortization And Impairment Of Intangible Assets
AmortizationAndImpairmentOfIntangibleAssets
67181000
CY2020 coll Amortization And Impairment Of Intangible Assets
AmortizationAndImpairmentOfIntangibleAssets
60680000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
149859000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
149859000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
149858000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
82678000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
7285000
CY2022Q4 coll Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
27929000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
567468000
CY2022Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
13770000
CY2021Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
9930000
CY2022Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
6347000
CY2021Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
2634000
CY2022Q4 coll Accrued Product Taxes And Fees Current
AccruedProductTaxesAndFeesCurrent
4352000
CY2021Q4 coll Accrued Product Taxes And Fees Current
AccruedProductTaxesAndFeesCurrent
2570000
CY2022Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
2130000
CY2021Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
697000
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1957000
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3623000
CY2022Q4 coll Accrued Incentive Compensation Current
AccruedIncentiveCompensationCurrent
1507000
CY2021Q4 coll Accrued Incentive Compensation Current
AccruedIncentiveCompensationCurrent
851000
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1410000
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1415000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1208000
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
807000
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
622000
CY2021Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
3222000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3448000
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2843000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
36129000
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
29214000
us-gaap Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
6
CY2021Q4 us-gaap Loss Contingency Claims Settled Number
LossContingencyClaimsSettledNumber
27
CY2018Q1 coll Number Of Renewal Periods Operating Lease
NumberOfRenewalPeriodsOperatingLease
2
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6861000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8224000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1474000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1489000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2697000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10079000
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
1805000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
1305000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
1305000
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
993000
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1492000
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1312000
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
331000
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
292000
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
331000
CY2022 us-gaap Lease Cost
LeaseCost
3129000
CY2021 us-gaap Lease Cost
LeaseCost
3089000
CY2020 us-gaap Lease Cost
LeaseCost
2948000
CY2022 coll Schedule Of Lease Quantitative Details
ScheduleOfLeaseQuantitativeDetails
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:74.56%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.77%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.37%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:8.96%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.37%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.37%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:6.56%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="vertical-align:bottom;width:74.56%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.77%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td colspan="5" style="vertical-align:middle;width:22.65%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Years Ended December 31,</b></p></td></tr><tr><td style="vertical-align:bottom;width:74.56%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Lease Term and Discount Rate:</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.77%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:middle;width:11.33%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">2022</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.37%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:middle;width:8.94%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">2021</b></p></td></tr><tr><td style="vertical-align:bottom;width:74.56%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Weighted-average remaining lease term — operating leases (years)</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.77%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.96%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 6.6</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:6.56%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 7.6</p></td></tr><tr><td style="vertical-align:bottom;width:74.56%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Weighted-average discount rate — operating leases</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.77%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.37%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.96%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;">6.2%</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.37%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.37%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:6.56%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;">6.1%</p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p>
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y7M6D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y7M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.062
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.061
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1568000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1286000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
1249000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1585000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1398000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1436000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1855000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8224000
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.011
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
1932173
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.051
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000
CY2021Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000
CY2022 us-gaap Incremental Common Shares Attributable To Accelerated Share Repurchase Agreements
IncrementalCommonSharesAttributableToAcceleratedShareRepurchaseAgreements
1026694
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.007
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.013
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.672
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.662
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
12.60
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
12.78
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3943000
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6456000
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
7516000
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.188
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.030
CY2022 coll Effective Income Tax Rate Reconciliation Research And Development Credit
EffectiveIncomeTaxRateReconciliationResearchAndDevelopmentCredit
0.007
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
22874000
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24255000
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21910000
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
166000
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4540000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3142000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
830000
CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
4706000
CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
3142000
CY2020 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
830000
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-4631000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-61445000
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3920000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-16588000
CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-8551000
CY2021 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-78033000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3845000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-74891000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
830000
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.029
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.051
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.019
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.039
CY2021 coll Effective Income Tax Rate Reconciliation Research And Development Credit
EffectiveIncomeTaxRateReconciliationResearchAndDevelopmentCredit
0.163
CY2020 coll Effective Income Tax Rate Reconciliation Research And Development Credit
EffectiveIncomeTaxRateReconciliationResearchAndDevelopmentCredit
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