2019 Q2 Form 10-Q Financial Statement
#000162828019009802 Filed on August 01, 2019
Income Statement
Concept | 2019 Q2 | 2018 Q2 |
---|---|---|
Revenue | $72.26M | $62.31M |
YoY Change | 15.96% | 75.24% |
Cost Of Revenue | $1.377M | $1.154M |
YoY Change | 19.32% | 48.9% |
Gross Profit | $70.88M | $61.16M |
YoY Change | 15.9% | 75.82% |
Gross Profit Margin | 98.09% | 98.15% |
Selling, General & Admin | $24.59M | $19.98M |
YoY Change | 23.07% | 41.58% |
% of Gross Profit | 34.69% | 32.67% |
Research & Development | $21.66M | $20.54M |
YoY Change | 5.42% | 160.7% |
% of Gross Profit | 30.55% | 33.59% |
Depreciation & Amortization | $200.0K | $100.0K |
YoY Change | 100.0% | |
% of Gross Profit | 0.28% | 0.16% |
Operating Expenses | $46.25M | $40.52M |
YoY Change | 14.12% | 187.14% |
Operating Profit | $24.63M | $20.63M |
YoY Change | 19.38% | 61.27% |
Interest Expense | $1.180M | $560.0K |
YoY Change | 110.71% | -473.33% |
% of Operating Profit | 4.79% | 2.71% |
Other Income/Expense, Net | $1.178M | $562.0K |
YoY Change | 109.61% | 1024.0% |
Pretax Income | $25.81M | $21.20M |
YoY Change | 21.77% | 66.94% |
Income Tax | $5.600M | $3.000M |
% Of Pretax Income | 21.7% | 14.15% |
Net Earnings | $20.19M | $18.20M |
YoY Change | 10.94% | 43.88% |
Net Earnings / Revenue | 27.94% | 29.2% |
Basic Earnings Per Share | $0.18 | $0.16 |
Diluted Earnings Per Share | $0.17 | $0.14 |
COMMON SHARES | ||
Basic Shares Outstanding | 114.3M shares | 115.5M shares |
Diluted Shares Outstanding | 121.8M shares | 127.5M shares |
Balance Sheet
Concept | 2019 Q2 | 2018 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $201.5M | $159.9M |
YoY Change | 26.02% | 141.54% |
Cash & Equivalents | $58.14M | $31.17M |
Short-Term Investments | $143.4M | $128.8M |
Other Short-Term Assets | $6.200M | $3.600M |
YoY Change | 72.22% | 44.0% |
Inventory | $5.142M | $4.947M |
Prepaid Expenses | ||
Receivables | $19.77M | $28.70M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $232.7M | $197.2M |
YoY Change | 17.99% | 142.53% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $1.177M | $552.0K |
YoY Change | 113.22% | 10.4% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $24.20M | $0.00 |
YoY Change | -100.0% | |
Other Assets | $150.0K | $76.70M |
YoY Change | -99.8% | 156430.61% |
Total Long-Term Assets | $96.02M | $77.21M |
YoY Change | 24.37% | 1384.75% |
TOTAL ASSETS | ||
Total Short-Term Assets | $232.7M | $197.2M |
Total Long-Term Assets | $96.02M | $77.21M |
Total Assets | $328.7M | $274.4M |
YoY Change | 19.79% | 217.2% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $7.026M | $6.365M |
YoY Change | 10.38% | 203.1% |
Accrued Expenses | $16.44M | $19.11M |
YoY Change | -13.99% | 39.5% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $30.38M | $30.87M |
YoY Change | -1.59% | 51.34% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $200.0K | |
YoY Change | ||
Total Long-Term Liabilities | $200.0K | $0.00 |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $30.38M | $30.87M |
Total Long-Term Liabilities | $200.0K | $0.00 |
Total Liabilities | $30.63M | $30.90M |
YoY Change | -0.89% | 51.47% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$79.28M | -$157.5M |
YoY Change | -49.66% | |
Common Stock | $436.7M | $401.1M |
YoY Change | 8.88% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $298.1M | $243.5M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $328.7M | $274.4M |
YoY Change | 19.79% | 217.2% |
Cashflow Statement
Concept | 2019 Q2 | 2018 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $20.19M | $18.20M |
YoY Change | 10.94% | 43.88% |
Depreciation, Depletion And Amortization | $200.0K | $100.0K |
YoY Change | 100.0% | |
Cash From Operating Activities | $25.50M | $15.20M |
YoY Change | 67.76% | -1.94% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$400.0K | $0.00 |
YoY Change | -100.0% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$800.0K | -$21.20M |
YoY Change | -96.23% | 43.24% |
Cash From Investing Activities | -$1.100M | -$21.20M |
YoY Change | -94.81% | 41.33% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -15.90M | 4.100M |
YoY Change | -487.8% | -182.0% |
NET CHANGE | ||
Cash From Operating Activities | 25.50M | 15.20M |
Cash From Investing Activities | -1.100M | -21.20M |
Cash From Financing Activities | -15.90M | 4.100M |
Net Change In Cash | 8.500M | -1.900M |
YoY Change | -547.37% | -57.78% |
FREE CASH FLOW | ||
Cash From Operating Activities | $25.50M | $15.20M |
Capital Expenditures | -$400.0K | $0.00 |
Free Cash Flow | $25.90M | $15.20M |
YoY Change | 70.39% | -3.18% |
Facts In Submission
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115189000 | shares | |
CY2019Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
121783000 | shares |
CY2018Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
127515000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
122831000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
127610000 | shares | |
us-gaap |
Profit Loss
ProfitLoss
|
38460000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
35655000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14432000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10971000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
140000 | USD | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
95664000 | USD | |
us-gaap |
Interest Income Debt Securities Available For Sale Operating
InterestIncomeDebtSecuritiesAvailableForSaleOperating
|
1053000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
130145000 | USD | |
us-gaap |
Interest Income Debt Securities Available For Sale Operating
InterestIncomeDebtSecuritiesAvailableForSaleOperating
|
546000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
263000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
49641000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
667000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
105000 | USD | |
cort |
Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
|
772000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2186000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
13404000 | USD | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-12896000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1543000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2071000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1538000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
910000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
100000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1299000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2214000 | USD | |
cort |
Increase Decrease In Accrued Clinical Expenses
IncreaseDecreaseInAccruedClinicalExpenses
|
2197000 | USD | |
cort |
Increase Decrease In Accrued Clinical Expenses
IncreaseDecreaseInAccruedClinicalExpenses
|
3150000 | USD | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-7349000 | USD | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
370000 | USD | |
cort |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-730000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
49236000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
40300000 | USD | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
131001000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1523000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-55504000 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
3947000 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
5966000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
30975000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
4169000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-31197000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
5966000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
16516000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
103000 | USD | |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
41625000 | USD |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
31062000 | USD |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
58141000 | USD |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
127610000 | shares | |
CY2019Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.18 | |
CY2019Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
13555000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18274000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
285755000 | USD |
CY2018Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
31165000 | USD |
cort |
Shares Repurchased In Net Settlement Of Cashless Option Exercise
SharesRepurchasedInNetSettlementOfCashlessOptionExercise
|
931000 | USD | |
cort |
Shares Repurchased In Net Settlement Of Cashless Option Exercise
SharesRepurchasedInNetSettlementOfCashlessOptionExercise
|
0 | USD | |
cort |
Non Cash Transaction Recognition Of Right Of Use Asset And Lease Liability
NonCashTransactionRecognitionOfRightOfUseAssetAndLeaseLiability
|
1878000 | USD | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
190968000 | USD |
CY2018Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1922000 | USD |
CY2018Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4954000 | USD |
CY2018Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-77000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17459000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
215226000 | USD |
CY2018Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4044000 | USD |
CY2018Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6017000 | USD |
CY2018Q2 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
24000 | USD |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18196000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
243507000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
275882000 | USD |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
3366000 | USD |
CY2019Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
5100000 | USD |
CY2019Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6724000 | USD |
CY2019Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
164000 | USD |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1514000 | USD |
CY2019Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
7791000 | USD |
CY2019Q2 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
227000 | USD |
CY2019Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
17420000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20186000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
298053000 | USD |
cort |
Number Of Series Of Selective Cortisol Modulators
NumberOfSeriesOfSelectiveCortisolModulators
|
3 | series | |
CY2018 | cort |
Number Of Compounds
NumberOfCompounds
|
500 | compound |
CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.16 | |
CY2019Q2 | cort |
Inventory Raw Materials Current And Noncurrent
InventoryRawMaterialsCurrentAndNoncurrent
|
7395000 | USD |
CY2018Q4 | cort |
Inventory Raw Materials Current And Noncurrent
InventoryRawMaterialsCurrentAndNoncurrent
|
4195000 | USD |
CY2019Q2 | cort |
Inventory Work In Process Current And Noncurrent
InventoryWorkInProcessCurrentAndNoncurrent
|
5271000 | USD |
CY2018Q4 | cort |
Inventory Work In Process Current And Noncurrent
InventoryWorkInProcessCurrentAndNoncurrent
|
5624000 | USD |
CY2019Q2 | cort |
Inventory Finished Goods Current And Noncurrent
InventoryFinishedGoodsCurrentAndNoncurrent
|
5202000 | USD |
CY2018Q4 | cort |
Inventory Finished Goods Current And Noncurrent
InventoryFinishedGoodsCurrentAndNoncurrent
|
6423000 | USD |
CY2019Q2 | cort |
Inventory Current Noncurrent
InventoryCurrentNoncurrent
|
17868000 | USD |
CY2018Q4 | cort |
Inventory Current Noncurrent
InventoryCurrentNoncurrent
|
16242000 | USD |
CY2019Q2 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
12726000 | USD |
CY2018Q4 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
11510000 | USD |
CY2019Q2 | us-gaap |
Inventory Net
InventoryNet
|
5142000 | USD |
CY2018Q4 | us-gaap |
Inventory Net
InventoryNet
|
4732000 | USD |
CY2019Q2 | cort |
Accrued Government Rebate Current
AccruedGovernmentRebateCurrent
|
7688000 | USD |
CY2018Q4 | cort |
Accrued Government Rebate Current
AccruedGovernmentRebateCurrent
|
11132000 | USD |
CY2019Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
5083000 | USD |
CY2018Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
7879000 | USD |
CY2019Q2 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
1275000 | USD |
CY2018Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
261000 | USD |
CY2019Q2 | cort |
Accrued Legal Fees Current
AccruedLegalFeesCurrent
|
967000 | USD |
CY2018Q4 | cort |
Accrued Legal Fees Current
AccruedLegalFeesCurrent
|
314000 | USD |
CY2019Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
694000 | USD |
CY2018Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
240000 | USD |
CY2019Q2 | cort |
Accrued Manufacturing Costs
AccruedManufacturingCosts
|
261000 | USD |
CY2018Q4 | cort |
Accrued Manufacturing Costs
AccruedManufacturingCosts
|
2032000 | USD |
CY2019Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
0 | USD |
CY2018Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
1542000 | USD |
CY2019Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
469000 | USD |
CY2018Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
386000 | USD |
CY2019Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
16437000 | USD |
CY2018Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
23786000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
210830000 | USD |
CY2018Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
192210000 | USD |
cort |
Marketable Securities Maximum Maturity Period
MarketableSecuritiesMaximumMaturityPeriod
|
P2Y | ||
cort |
Marketable Securities Weighted Average Maturity Period
MarketableSecuritiesWeightedAverageMaturityPeriod
|
P6M | ||
CY2019Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
400000 | USD |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
800000 | USD | |
CY2019Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
391000 | USD |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
769000 | USD | |
CY2019Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | USD |
CY2019Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9M | |
CY2019Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9M | |
CY2019Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.050 | |
CY2019Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.050 | |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
781000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
391000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1172000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
24000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1148000 | USD |
CY2019Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
0 | USD |
us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
0 | USD | |
cort |
Number Of Stock Option Plans
NumberOfStockOptionPlans
|
2 | stock_option_plan | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
122831000 | shares | |
CY2019Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
55000 | USD |
CY2018Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
0 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
83000 | USD | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
0 | USD | |
CY2019Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
7791000 | USD |
CY2018Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
6017000 | USD |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
14515000 | USD | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
10971000 | USD | |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20186000 | USD |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18196000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
38460000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
35655000 | USD | |
CY2019Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
114340000 | shares |
CY2018Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115492000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
114590000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115189000 | shares | |
CY2019Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
7443000 | shares |
CY2018Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
12023000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
8241000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
12421000 | shares | |
CY2019Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
121783000 | shares |
CY2018Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
127515000 | shares |
us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
1600000 | USD | |
CY2018Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3000000.0 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6800000 | USD | |
CY2018Q2 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-2500000 | USD |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-5600000 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.34 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.31 | ||
CY2019Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.17 | |
CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.14 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.31 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.28 | ||
CY2019Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
24700000 | shares |
CY2018Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
23000000.0 | shares |
CY2019Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5600000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7400000 | USD | |
CY2019Q2 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
300000 | USD |
us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
3200000 | USD | |
CY2019Q2 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-4900000 | USD |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-5800000 | USD | |
CY2019Q2 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
700000 | USD |
CY2018Q2 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
500000 | USD |
us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
1200000 | USD |