2019 Q4 Form 10-Q Financial Statement
#000162828019013716 Filed on November 07, 2019
Income Statement
Concept | 2019 Q4 | 2019 Q3 | 2018 Q4 |
---|---|---|---|
Revenue | $87.90M | $81.51M | $66.83M |
YoY Change | 31.52% | 26.47% | 25.43% |
Cost Of Revenue | $1.440M | $1.451M | $1.580M |
YoY Change | -8.86% | 10.93% | 36.21% |
Gross Profit | $86.46M | $80.05M | $65.25M |
YoY Change | 32.5% | 26.79% | 25.19% |
Gross Profit Margin | 98.37% | 98.22% | 97.64% |
Selling, General & Admin | $27.13M | $24.25M | $21.56M |
YoY Change | 25.83% | 13.78% | 28.33% |
% of Gross Profit | 31.38% | 30.29% | 33.04% |
Research & Development | $24.31M | $22.81M | $18.79M |
YoY Change | 29.38% | 20.92% | 37.86% |
% of Gross Profit | 28.12% | 28.49% | 28.8% |
Depreciation & Amortization | $200.0K | $200.0K | $0.00 |
YoY Change | 100.0% | ||
% of Gross Profit | 0.23% | 0.25% | 0.0% |
Operating Expenses | $51.44M | $47.05M | $40.35M |
YoY Change | 27.48% | 17.13% | 32.64% |
Operating Profit | $35.02M | $33.00M | $24.90M |
YoY Change | 40.63% | 43.69% | 14.74% |
Interest Expense | $1.440M | $1.350M | $1.040M |
YoY Change | 38.46% | 77.63% | |
% of Operating Profit | 4.11% | 4.09% | 4.18% |
Other Income/Expense, Net | $1.348M | ||
YoY Change | 77.6% | ||
Pretax Income | $36.46M | $34.35M | $25.94M |
YoY Change | 40.56% | 44.77% | 18.5% |
Income Tax | $7.080M | $8.000M | $3.930M |
% Of Pretax Income | 19.42% | 23.29% | 15.15% |
Net Earnings | $29.38M | $26.34M | $22.01M |
YoY Change | 33.5% | 48.42% | -77.62% |
Net Earnings / Revenue | 33.43% | 32.32% | 32.93% |
Basic Earnings Per Share | $0.26 | $0.23 | $0.19 |
Diluted Earnings Per Share | $0.24 | $0.22 | $0.18 |
COMMON SHARES | |||
Basic Shares Outstanding | 114.3M shares | 113.9M shares | 115.5M |
Diluted Shares Outstanding | 121.8M shares |
Balance Sheet
Concept | 2019 Q4 | 2019 Q3 | 2018 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $276.0M | $231.6M | $206.8M |
YoY Change | 33.47% | 18.65% | 132.98% |
Cash & Equivalents | $31.27M | $44.95M | $41.63M |
Short-Term Investments | $244.7M | $186.7M | $165.1M |
Other Short-Term Assets | $6.000M | $7.800M | $7.700M |
YoY Change | -22.08% | 81.4% | 185.19% |
Inventory | $5.424M | $5.462M | $4.732M |
Prepaid Expenses | |||
Receivables | $19.93M | $22.41M | $17.59M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $307.4M | $267.3M | $236.8M |
YoY Change | 29.79% | 19.23% | 90.7% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.050M | $1.227M | $655.0K |
YoY Change | 60.31% | 145.4% | 26.45% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $39.40M | $35.30M | $0.00 |
YoY Change | 2253.33% | -100.0% | |
Other Assets | $3.448M | $150.0K | $50.00K |
YoY Change | 6796.0% | 183.02% | 0.0% |
Total Long-Term Assets | $105.0M | $99.71M | $74.87M |
YoY Change | 40.17% | 31.98% | -22.29% |
TOTAL ASSETS | |||
Total Short-Term Assets | $307.4M | $267.3M | $236.8M |
Total Long-Term Assets | $105.0M | $99.71M | $74.87M |
Total Assets | $412.3M | $367.0M | $311.7M |
YoY Change | 32.28% | 22.44% | 41.33% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $7.537M | $5.937M | $8.266M |
YoY Change | -8.82% | -57.36% | -3.65% |
Accrued Expenses | $23.27M | $21.57M | $23.79M |
YoY Change | -2.17% | 3.24% | 26.91% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $38.84M | $32.40M | $35.57M |
YoY Change | 9.19% | -19.41% | 20.31% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $2.300M | $300.0K | $200.0K |
YoY Change | 1050.0% | ||
Total Long-Term Liabilities | $2.300M | $300.0K | $200.0K |
YoY Change | 1050.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $38.84M | $32.40M | $35.57M |
Total Long-Term Liabilities | $2.300M | $300.0K | $200.0K |
Total Liabilities | $41.13M | $32.65M | $35.81M |
YoY Change | 14.85% | -18.79% | 21.11% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$23.56M | -$52.94M | -$117.7M |
YoY Change | -79.99% | -62.12% | -39.04% |
Common Stock | $457.2M | $446.7M | $417.3M |
YoY Change | 9.54% | 9.42% | 8.63% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $23.66M | ||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $371.2M | $334.4M | $275.9M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $412.3M | $367.0M | $311.7M |
YoY Change | 32.28% | 22.44% | 41.33% |
Cashflow Statement
Concept | 2019 Q4 | 2019 Q3 | 2018 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $29.38M | $26.34M | $22.01M |
YoY Change | 33.5% | 48.42% | -77.62% |
Depreciation, Depletion And Amortization | $200.0K | $200.0K | $0.00 |
YoY Change | 100.0% | ||
Cash From Operating Activities | $48.40M | $38.50M | $21.60M |
YoY Change | 124.07% | -13.48% | -12.9% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$100.0K | -$300.0K | -$100.0K |
YoY Change | 0.0% | 200.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$61.80M | -$54.00M | -$1.700M |
YoY Change | 3535.29% | 61.68% | -93.8% |
Cash From Investing Activities | -$62.00M | -$54.30M | -$1.800M |
YoY Change | 3344.44% | 62.09% | -93.45% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -100.0K | 2.700M | -12.00M |
YoY Change | -99.17% | -132.53% | -580.0% |
NET CHANGE | |||
Cash From Operating Activities | 48.40M | 38.50M | 21.60M |
Cash From Investing Activities | -62.00M | -54.30M | -1.800M |
Cash From Financing Activities | -100.0K | 2.700M | -12.00M |
Net Change In Cash | -13.70M | -13.10M | 7.800M |
YoY Change | -275.64% | -585.19% | -4000.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | $48.40M | $38.50M | $21.60M |
Capital Expenditures | -$100.0K | -$300.0K | -$100.0K |
Free Cash Flow | $48.50M | $38.80M | $21.70M |
YoY Change | 123.5% | -13.0% | -12.5% |
Facts In Submission
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CY2019Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-2000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-5000 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
0 | USD | |
CY2019Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
26333000 | USD |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
17797000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
65184000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
53325000 | USD | |
CY2019Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.23 | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.15 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.57 | ||
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-12896000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
58000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1606000 | 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 |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
6643000 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
6600000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
163000 | USD | |
cort |
Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
|
1136000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
185000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4817000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4060000 | USD | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
0 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.46 | ||
CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.22 | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
168445000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
88500000 | USD | |
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.14 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.53 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.42 | ||
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
113875000 | shares |
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115798000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
114349000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115394000 | shares | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
121762000 | shares |
CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
126159000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
122478000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
127167000 | shares | |
us-gaap |
Profit Loss
ProfitLoss
|
64800000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
53402000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
21703000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
17481000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
11731000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
10602000 | USD | |
us-gaap |
Interest Income Debt Securities Available For Sale Operating
InterestIncomeDebtSecuritiesAvailableForSaleOperating
|
1413000 | USD | |
us-gaap |
Interest Income Debt Securities Available For Sale Operating
InterestIncomeDebtSecuritiesAvailableForSaleOperating
|
1020000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
474000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
654000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4346000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2424000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
5343000 | USD | |
cort |
Increase Decrease In Accrued Clinical Expenses
IncreaseDecreaseInAccruedClinicalExpenses
|
600000 | USD | |
cort |
Increase Decrease In Accrued Clinical Expenses
IncreaseDecreaseInAccruedClinicalExpenses
|
3145000 | USD | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-2207000 | USD | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
2149000 | USD | |
cort |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-1108000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
87663000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
94146000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
953000 | USD | |
CY2018Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6017000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17459000 | USD |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
223331000 | USD | |
CY2018Q2 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
24000 | USD |
CY2018Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6510000 | USD |
CY2018Q3 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
51000 | USD |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
177325000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-55839000 | USD | |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
215226000 | USD |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-89010000 | USD | |
CY2018Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4044000 | 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 |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18196000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
243507000 | USD |
CY2018Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
634000 | USD |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
30975000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
8904000 | 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
|
-28501000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2304000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
3323000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
2832000 | 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 |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
44948000 | USD |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
33894000 | USD |
CY2018Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
8904000 | USD |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17747000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
259545000 | 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 |
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 |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1514000 | USD |
CY2018Q4 | cort |
Inventory Current Noncurrent
InventoryCurrentNoncurrent
|
16242000 | 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 |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2697000 | USD |
CY2019Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
7293000 | USD |
CY2019Q3 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-7000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
26340000 | USD |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
334376000 | USD |
cort |
Number Of Series Of Selective Cortisol Modulators
NumberOfSeriesOfSelectiveCortisolModulators
|
4 | series | |
CY2018 | cort |
Number Of Compounds
NumberOfCompounds
|
500 | compound |
CY2019Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
472000 | USD |
CY2019Q3 | cort |
Inventory Raw Materials Current And Noncurrent
InventoryRawMaterialsCurrentAndNoncurrent
|
0 | USD |
CY2018Q4 | cort |
Inventory Raw Materials Current And Noncurrent
InventoryRawMaterialsCurrentAndNoncurrent
|
4195000 | USD |
CY2019Q3 | cort |
Inventory Work In Process Current And Noncurrent
InventoryWorkInProcessCurrentAndNoncurrent
|
13033000 | USD |
CY2018Q4 | cort |
Inventory Work In Process Current And Noncurrent
InventoryWorkInProcessCurrentAndNoncurrent
|
5624000 | USD |
CY2019Q3 | cort |
Inventory Finished Goods Current And Noncurrent
InventoryFinishedGoodsCurrentAndNoncurrent
|
3968000 | USD |
CY2018Q4 | cort |
Inventory Finished Goods Current And Noncurrent
InventoryFinishedGoodsCurrentAndNoncurrent
|
6423000 | USD |
CY2019Q3 | cort |
Inventory Current Noncurrent
InventoryCurrentNoncurrent
|
17001000 | USD |
CY2018Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
240000 | USD |
CY2019Q3 | cort |
Accrued Manufacturing Costs
AccruedManufacturingCosts
|
244000 | USD |
CY2018Q4 | cort |
Accrued Manufacturing Costs
AccruedManufacturingCosts
|
2032000 | USD |
CY2019Q3 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
974000 | USD |
CY2018Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
1542000 | USD |
CY2019Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
552000 | USD |
CY2018Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
386000 | USD |
CY2019Q3 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
11539000 | USD |
CY2018Q4 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
11510000 | USD |
CY2019Q3 | us-gaap |
Inventory Net
InventoryNet
|
5462000 | USD |
CY2018Q4 | us-gaap |
Inventory Net
InventoryNet
|
4732000 | USD |
CY2019Q3 | cort |
Accrued Government Rebate Current
AccruedGovernmentRebateCurrent
|
8024000 | USD |
CY2018Q4 | cort |
Accrued Government Rebate Current
AccruedGovernmentRebateCurrent
|
11132000 | USD |
CY2019Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
8262000 | USD |
CY2018Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
7879000 | USD |
CY2019Q3 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
2033000 | USD |
CY2018Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
261000 | USD |
CY2019Q3 | cort |
Accrued Legal Fees Current
AccruedLegalFeesCurrent
|
1007000 | USD |
CY2018Q4 | cort |
Accrued Legal Fees Current
AccruedLegalFeesCurrent
|
314000 | USD |
CY2019Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
21568000 | USD |
CY2018Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
23786000 | USD |
CY2019Q3 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
252091000 | 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
|
P7M | ||
CY2019Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
400000 | USD |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1100000 | USD | |
CY2019Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
391000 | USD |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1160000 | USD | |
CY2019Q3 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | USD |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1878000 | USD | |
CY2019Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6M | |
CY2019Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6M | |
CY2019Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.050 | |
CY2019Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.050 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
391000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
391000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
782000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
12000 | USD |
CY2019Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
770000 | USD |
CY2019Q3 | 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 | |
CY2019Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
22000 | USD |
CY2018Q3 | 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
|
105000 | USD | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
0 | USD | |
CY2019Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
7293000 | USD |
CY2018Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
6510000 | USD |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
21808000 | USD | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
17481000 | USD | |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
26340000 | USD |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17747000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
64800000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
53402000 | USD | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
113875000 | shares |
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115798000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
114349000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115394000 | shares | |
CY2019Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
7887000 | shares |
CY2018Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
10361000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
8129000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
11773000 | shares | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
121762000 | shares |
CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
126159000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
122478000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
127167000 | shares | |
CY2019Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.23 | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.15 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.57 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.46 | ||
CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.22 | |
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.14 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.53 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.42 | ||
CY2019Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
24100000 | shares |
CY2018Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
23300000 | shares |
CY2019Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8000000.0 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
15400000 | USD | |
CY2019Q3 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
500000 | USD |
us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
3600000 | USD | |
CY2019Q3 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-5900000 | USD |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-11700000 | USD | |
CY2019Q3 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
2100000 | USD |
us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
3700000 | USD | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6000000.0 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
12800000 | USD | |
CY2018Q3 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-5000000.0 | USD |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-10600000 | USD | |
CY2018Q3 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
1000000.0 | USD |
us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
2200000 | USD |