2021 Q2 Form 10-Q Financial Statement
#000162828021014900 Filed on July 29, 2021
Income Statement
Concept | 2021 Q2 | 2020 Q2 |
---|---|---|
Revenue | $91.59M | $88.57M |
YoY Change | 3.41% | 22.57% |
Cost Of Revenue | $1.384M | $1.234M |
YoY Change | 12.16% | -10.38% |
Gross Profit | $90.20M | $87.33M |
YoY Change | 3.29% | 23.21% |
Gross Profit Margin | 98.49% | 98.61% |
Selling, General & Admin | $30.03M | $25.57M |
YoY Change | 17.43% | 3.99% |
% of Gross Profit | 33.29% | 29.28% |
Research & Development | $28.23M | $26.50M |
YoY Change | 6.55% | 22.35% |
% of Gross Profit | 31.3% | 30.34% |
Depreciation & Amortization | $214.0K | $200.0K |
YoY Change | 7.0% | 0.0% |
% of Gross Profit | 0.24% | 0.23% |
Operating Expenses | $58.26M | $52.07M |
YoY Change | 11.89% | 12.59% |
Operating Profit | $31.94M | $35.26M |
YoY Change | -9.41% | 43.15% |
Interest Expense | $110.0K | $1.010M |
YoY Change | -89.11% | -14.41% |
% of Operating Profit | 0.34% | 2.86% |
Other Income/Expense, Net | $110.0K | $1.010M |
YoY Change | -89.11% | -14.26% |
Pretax Income | $32.05M | $36.27M |
YoY Change | -11.63% | 40.53% |
Income Tax | $5.500M | $7.900M |
% Of Pretax Income | 17.16% | 21.78% |
Net Earnings | $26.52M | $28.33M |
YoY Change | -6.37% | 40.33% |
Net Earnings / Revenue | 28.96% | 31.98% |
Basic Earnings Per Share | $0.23 | $0.25 |
Diluted Earnings Per Share | $0.21 | $0.23 |
COMMON SHARES | ||
Basic Shares Outstanding | 116.3M shares | 115.0M shares |
Diluted Shares Outstanding | 126.7M shares | 123.2M shares |
Balance Sheet
Concept | 2021 Q2 | 2020 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $370.0M | $405.4M |
YoY Change | -8.74% | 101.19% |
Cash & Equivalents | $95.43M | $58.52M |
Short-Term Investments | $274.6M | $346.8M |
Other Short-Term Assets | $8.999M | $5.300M |
YoY Change | 69.79% | -14.52% |
Inventory | $4.669M | $4.927M |
Prepaid Expenses | ||
Receivables | $27.62M | $22.73M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $411.3M | $438.3M |
YoY Change | -6.17% | 88.4% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $1.414M | $619.0K |
YoY Change | 128.43% | -47.41% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $101.7M | $4.200M |
YoY Change | 2320.4% | -82.64% |
Other Assets | $4.140M | $4.536M |
YoY Change | -8.73% | 2924.0% |
Total Long-Term Assets | $157.2M | $59.49M |
YoY Change | 164.26% | -38.05% |
TOTAL ASSETS | ||
Total Short-Term Assets | $411.3M | $438.3M |
Total Long-Term Assets | $157.2M | $59.49M |
Total Assets | $568.5M | $497.8M |
YoY Change | 14.19% | 51.46% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $9.216M | $6.304M |
YoY Change | 46.19% | -10.28% |
Accrued Expenses | $21.51M | $22.63M |
YoY Change | -4.94% | 37.68% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $45.40M | $42.24M |
YoY Change | 7.48% | 39.04% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $403.0K | $1.900M |
YoY Change | -78.79% | 850.0% |
Total Long-Term Liabilities | $403.0K | $1.900M |
YoY Change | -78.79% | 850.0% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $45.40M | $42.24M |
Total Long-Term Liabilities | $403.0K | $1.900M |
Total Liabilities | $45.81M | $44.13M |
YoY Change | 3.81% | 44.08% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $132.4M | $34.84M |
YoY Change | 280.18% | -143.94% |
Common Stock | $554.3M | $481.8M |
YoY Change | 15.04% | 10.33% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | 9.500M shares | |
Shareholders Equity | $522.7M | $453.7M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $568.5M | $497.8M |
YoY Change | 14.19% | 51.46% |
Cashflow Statement
Concept | 2021 Q2 | 2020 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $26.52M | $28.33M |
YoY Change | -6.37% | 40.33% |
Depreciation, Depletion And Amortization | $214.0K | $200.0K |
YoY Change | 7.0% | 0.0% |
Cash From Operating Activities | $44.36M | $53.20M |
YoY Change | -16.61% | 108.63% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$145.0K | -$100.0K |
YoY Change | 45.0% | -75.0% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $24.90M | -$85.90M |
YoY Change | -128.99% | 10637.5% |
Cash From Investing Activities | $24.76M | -$85.90M |
YoY Change | -128.82% | 7709.09% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -26.08M | 6.800M |
YoY Change | -483.51% | -142.77% |
NET CHANGE | ||
Cash From Operating Activities | 44.36M | 53.20M |
Cash From Investing Activities | 24.76M | -85.90M |
Cash From Financing Activities | -26.08M | 6.800M |
Net Change In Cash | 43.04M | -25.90M |
YoY Change | -266.18% | -404.71% |
FREE CASH FLOW | ||
Cash From Operating Activities | $44.36M | $53.20M |
Capital Expenditures | -$145.0K | -$100.0K |
Free Cash Flow | $44.51M | $53.30M |
YoY Change | -16.5% | 105.79% |
Facts In Submission
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Q2 | ||
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|
0.23 | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.25 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.51 | ||
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.21 | |
CY2020Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.23 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.48 | ||
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116294000 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115006000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116555000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
114790000 | shares | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
126680000 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
123234000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128204000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
122756000 | shares | |
us-gaap |
Profit Loss
ProfitLoss
|
49988000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
58392000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
21169000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16407000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-2061000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
10017000 | USD | |
cort |
Accretion Expense Income
AccretionExpenseIncome
|
2471000 | USD | |
cort |
Accretion Expense Income
AccretionExpenseIncome
|
-72000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1422000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2797000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1858000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
514000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
362000 | USD | |
cort |
Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
|
985000 | USD | |
cort |
Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
|
749000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
0 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-148000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1414000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2047000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-721000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-860000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1088000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1304000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1251000 | USD | |
cort |
Increase Decrease In Accrued Clinical Expenses
IncreaseDecreaseInAccruedClinicalExpenses
|
-591000 | USD | |
cort |
Increase Decrease In Accrued Clinical Expenses
IncreaseDecreaseInAccruedClinicalExpenses
|
4812000 | USD | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
333000 | USD | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-628000 | USD | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-992000 | USD | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-731000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
69761000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
86455000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
245000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
89000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
244971000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
153193000 | USD | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
223268000 | USD | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
219314000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
21458000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-66210000 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
8786000 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
7347000 | USD | |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
10142000 | USD |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
62711000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
275000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
18054000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
63000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-71979000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
7009000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
19240000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
27254000 | USD | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
76190000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
31269000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
95430000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
58523000 | USD |
cort |
Shares Repurchased In Net Settlement Of Cashless Option Exercise
SharesRepurchasedInNetSettlementOfCashlessOptionExercise
|
7704000 | USD | |
cort |
Shares Repurchased In Net Settlement Of Cashless Option Exercise
SharesRepurchasedInNetSettlementOfCashlessOptionExercise
|
772000 | USD | |
cort |
Non Cash Transaction Recognition Of Right Of Use Asset And Lease Liability
NonCashTransactionRecognitionOfRightOfUseAssetAndLeaseLiability
|
0 | USD | |
cort |
Non Cash Transaction Recognition Of Right Of Use Asset And Lease Liability
NonCashTransactionRecognitionOfRightOfUseAssetAndLeaseLiability
|
775000 | USD | |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
371182000 | USD |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
480000 | USD |
CY2020Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
275000 | USD |
CY2020Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
7988000 | USD |
CY2020Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
49000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
30065000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
409489000 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
7639000 | USD |
CY2020Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
835000 | USD |
CY2020Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
8548000 | USD |
CY2020Q2 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
530000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
28327000 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
453698000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
523338000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
10083000 | USD |
CY2021Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
33540000 | USD |
CY2021Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
22520000 | USD |
CY2021Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-166000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
23465000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
510802000 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
6661000 | USD |
CY2021Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
29170000 | USD |
CY2021Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
3238000 | USD |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11131000 | USD |
CY2021Q2 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-34000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
26523000 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
522675000 | USD |
cort |
Number Of Series Of Selective Cortisol Modulators
NumberOfSeriesOfSelectiveCortisolModulators
|
4 | series | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
2700000 | shares | |
CY2021Q2 | cort |
Inventory Raw Materials Current And Noncurrent
InventoryRawMaterialsCurrentAndNoncurrent
|
0 | USD |
CY2020Q4 | cort |
Inventory Raw Materials Current And Noncurrent
InventoryRawMaterialsCurrentAndNoncurrent
|
1685000 | USD |
CY2021Q2 | cort |
Inventory Work In Process Current And Noncurrent
InventoryWorkInProcessCurrentAndNoncurrent
|
14379000 | USD |
CY2020Q4 | cort |
Inventory Work In Process Current And Noncurrent
InventoryWorkInProcessCurrentAndNoncurrent
|
12916000 | USD |
CY2021Q2 | cort |
Inventory Finished Goods Current And Noncurrent
InventoryFinishedGoodsCurrentAndNoncurrent
|
5024000 | USD |
CY2020Q4 | cort |
Inventory Finished Goods Current And Noncurrent
InventoryFinishedGoodsCurrentAndNoncurrent
|
6556000 | USD |
CY2021Q2 | cort |
Inventory Current Noncurrent
InventoryCurrentNoncurrent
|
19403000 | USD |
CY2020Q4 | cort |
Inventory Current Noncurrent
InventoryCurrentNoncurrent
|
21157000 | USD |
CY2021Q2 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
14734000 | USD |
CY2020Q4 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
16247000 | USD |
CY2021Q2 | us-gaap |
Inventory Net
InventoryNet
|
4669000 | USD |
CY2020Q4 | us-gaap |
Inventory Net
InventoryNet
|
4910000 | USD |
CY2021Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3781000 | USD |
CY2020Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3528000 | USD |
CY2021Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2367000 | USD |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1853000 | USD |
CY2021Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1414000 | USD |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1675000 | USD |
cort |
Number Of Stock Option Plans
NumberOfStockOptionPlans
|
2 | stockOptionPlan | |
CY2021Q2 | cort |
Accrued Government Rebate Current
AccruedGovernmentRebateCurrent
|
10638000 | USD |
CY2020Q4 | cort |
Accrued Government Rebate Current
AccruedGovernmentRebateCurrent
|
9412000 | USD |
CY2021Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
7740000 | USD |
CY2020Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
10144000 | USD |
CY2021Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
760000 | USD |
CY2020Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
151000 | USD |
CY2021Q2 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
729000 | USD |
CY2020Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
665000 | USD |
CY2021Q2 | cort |
Accrued Legal Fees Current
AccruedLegalFeesCurrent
|
670000 | USD |
CY2020Q4 | cort |
Accrued Legal Fees Current
AccruedLegalFeesCurrent
|
612000 | USD |
CY2021Q2 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
665000 | USD |
CY2020Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
0 | USD |
CY2021Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
312000 | USD |
CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
202000 | USD |
CY2021Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
21514000 | USD |
CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
21186000 | USD |
CY2021Q2 | cort |
Deposits For Clinical Trials
DepositsForClinicalTrials
|
3900000 | USD |
CY2020Q4 | cort |
Deposits For Clinical Trials
DepositsForClinicalTrials
|
4800000 | USD |
CY2021Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
445512000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
451226000 | USD |
CY2021Q2 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
1400000 | USD |
CY2020Q4 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
1300000 | USD |
cort |
Marketable Securities Maximum Maturity Period
MarketableSecuritiesMaximumMaturityPeriod
|
P2Y | ||
cort |
Marketable Securities Weighted Average Maturity Period
MarketableSecuritiesWeightedAverageMaturityPeriod
|
P8M | ||
CY2021Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
0 | USD |
us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
0 | USD | |
CY2021Q2 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
900000 | shares |
CY2021Q2 | us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
100000 | shares |
us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
1000000.0 | shares | |
CY2021Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1600000 | USD |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
18100000 | USD | |
CY2020Q2 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1000000.0 | shares |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1100000 | shares | |
CY2020Q2 | us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
100000 | shares |
us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
100000 | shares | |
CY2020Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
100000 | USD |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
100000 | USD | |
CY2021Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
9500000 | shares |
CY2020Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5900000 | shares |
CY2021Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
63000 | USD |
CY2020Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
59000 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
104000 | USD | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
129000 | USD | |
CY2021Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
11131000 | USD |
CY2020Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
8548000 | USD |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
21273000 | USD | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
16536000 | USD | |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
26523000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
28327000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
49988000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
58392000 | USD | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116294000 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115006000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116555000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
114790000 | shares | |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
10386000 | shares |
CY2020Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
8228000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
11649000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
7966000 | shares | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
126680000 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
123234000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128204000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
122756000 | shares | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.23 | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.25 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.51 | ||
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.21 | |
CY2020Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.23 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.48 | ||
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
26000000.0 | shares |
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
26400000 | shares |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5500000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2000000.0 | USD | |
CY2020Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7900000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
17100000 | USD | |
CY2021Q2 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
600000 | USD |
us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
800000 | USD | |
CY2021Q2 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
6700000 | USD |
CY2021Q2 | cort |
Unrecognized Tax Benefits That Would Be Offset By A Change In Valuation Allowance
UnrecognizedTaxBenefitsThatWouldBeOffsetByAChangeInValuationAllowance
|
1600000 | USD |