2021 Q1 Form 10-K Financial Statement

#000162828021001852 Filed on February 11, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2021 2020 Q4
Revenue $270.1M $987.5M $231.1M
YoY Change 19.02% 2.04% -3.83%
Cost Of Revenue $13.20M $36.27M $8.725M
YoY Change 41.94% 9.59% -16.9%
Gross Profit $191.3M $951.3M $159.9M
YoY Change -12.08% 1.77% -30.43%
Gross Profit Margin 70.84% 96.33% 69.18%
Selling, General & Admin $102.4M $293.4M $88.19M
YoY Change 62.8% 28.53% 52.04%
% of Gross Profit 53.52% 30.84% 55.16%
Research & Development $159.3M $547.9M $176.8M
YoY Change 56.33% 62.58% 87.25%
% of Gross Profit 83.27% 57.59% 110.57%
Depreciation & Amortization $3.200M $9.141M $2.400M
YoY Change 45.45% 9.5% 9.09%
% of Gross Profit 1.67% 0.96% 1.5%
Operating Expenses $261.6M $841.2M $264.9M
YoY Change 58.74% 40.6% 73.74%
Operating Profit $24.30M $110.1M -$42.58M
YoY Change -53.98% -70.21% -155.08%
Interest Expense $2.700M $7.672M $3.500M
YoY Change -62.5% -54.55%
% of Operating Profit 11.11% 6.97%
Other Income/Expense, Net -$100.0K $912.0K $565.0K
YoY Change -96.82%
Pretax Income -$2.000M $130.8M -$38.02M
YoY Change -103.33% -67.14% -144.73%
Income Tax -$3.600M $19.06M -$5.981M
% Of Pretax Income 14.56%
Net Earnings $28.39M $111.8M -$32.04M
YoY Change -41.59% -65.18% -146.64%
Net Earnings / Revenue 10.51% 11.32% -13.86%
Basic Earnings Per Share $0.09 $0.36 -$0.10
Diluted Earnings Per Share $0.09 $0.35 -$0.10
COMMON SHARES
Basic Shares Outstanding 312.0M shares 308.3M shares 309.1M shares
Diluted Shares Outstanding 318.0M shares 309.1M shares

Balance Sheet

Concept 2021 Q1 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.186B $1.467B $1.207B
YoY Change 24.21% 21.6% 41.57%
Cash & Equivalents $319.2M $647.2M $334.0M
Short-Term Investments $815.3M $819.9M $887.3M
Other Short-Term Assets $46.30M $57.53M $57.00M
YoY Change 55.37% 0.93% 111.11%
Inventory $20.97M $27.49M $19.32M
Prepaid Expenses
Receivables $177.7M $282.7M $160.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.445B $1.835B $1.408B
YoY Change 42.94% 26.94% 39.22%
LONG-TERM ASSETS
Property, Plant & Equipment $67.38M $149.2M $56.39M
YoY Change 37.82% 35.1% 15.31%
Goodwill $63.68M $63.68M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $279.1M $371.1M $332.3M
YoY Change -42.38% 11.68% -38.05%
Other Assets $73.41M $195.9M $69.41M
YoY Change 38.13% 5.54% -69.22%
Total Long-Term Assets $691.9M $781.5M $703.2M
YoY Change -20.87% 12.95% -19.58%
TOTAL ASSETS
Total Short-Term Assets $1.445B $1.835B $1.408B
Total Long-Term Assets $691.9M $781.5M $703.2M
Total Assets $2.137B $2.616B $2.111B
YoY Change 13.35% 22.41% 11.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $23.63M $24.26M $47.93M
YoY Change 104.06% 2.79% 313.16%
Accrued Expenses $111.2M $231.4M $115.9M
YoY Change 58.18% 99.66% 27.78%
Deferred Revenue $1.790M $1.300M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $204.7M $337.6M $201.3M
YoY Change 43.37% 64.92% 41.1%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $721.0K $68.03M $721.0K
YoY Change -69.28% 26.93% -98.74%
Total Long-Term Liabilities $721.0K $68.03M $721.0K
YoY Change -69.28% 26.93% -98.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $204.7M $337.6M $201.3M
Total Long-Term Liabilities $721.0K $68.03M $721.0K
Total Liabilities $258.2M $405.6M $259.0M
YoY Change 29.3% 57.1% 29.7%
SHAREHOLDERS EQUITY
Retained Earnings -$447.6M -$476.0M
YoY Change -19.98%
Common Stock $312.0K $309.0K
YoY Change 2.3%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.879B $2.211B $1.852B
YoY Change
Total Liabilities & Shareholders Equity $2.137B $2.616B $2.111B
YoY Change 13.35% 22.41% 11.95%

Cashflow Statement

Concept 2021 Q1 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $28.39M $111.8M -$32.04M
YoY Change -41.59% -65.18% -146.64%
Depreciation, Depletion And Amortization $3.200M $9.141M $2.400M
YoY Change 45.45% 9.5% 9.09%
Cash From Operating Activities $39.50M $209.0M $33.30M
YoY Change -29.59% -60.34% -78.94%
INVESTING ACTIVITIES
Capital Expenditures -$13.60M $30.35M -$14.20M
YoY Change 353.33% 136.44% 97.22%
Acquisitions
YoY Change
Other Investing Activities $75.80M $21.34M -$15.20M
YoY Change 112.92% -121.15% -87.63%
Cash From Investing Activities $62.30M -$131.2M -$29.50M
YoY Change 91.1% -77.66% -77.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.700M -$25.13M -18.70M
YoY Change -228.57% -300.21% 523.33%
NET CHANGE
Cash From Operating Activities 39.50M $209.0M 33.30M
Cash From Investing Activities 62.30M -$131.2M -29.50M
Cash From Financing Activities -2.700M -$25.13M -18.70M
Net Change In Cash 99.10M $52.64M -14.90M
YoY Change 9.14% -210.26% -159.84%
FREE CASH FLOW
Cash From Operating Activities $39.50M $209.0M $33.30M
Capital Expenditures -$13.60M $30.35M -$14.20M
Free Cash Flow $53.10M $178.6M $47.50M
YoY Change -10.15% -65.25% -71.26%

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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1407000 USD
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
24903000 USD
CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
50018000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
105070000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
1879113000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
111781000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
321012000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
690070000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9141000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8348000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4915000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
105070000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
56602000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
40626000 USD
CY2021 exel Noncash Lease Expense
NoncashLeaseExpense
4830000 USD
CY2020 exel Noncash Lease Expense
NoncashLeaseExpense
2819000 USD
CY2021 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
969399000 USD
CY2018 exel Noncash Lease Expense
NoncashLeaseExpense
2854000 USD
CY2021 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-15265000 USD
CY2020 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-71002000 USD
CY2018 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
244111000 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3035000 USD
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-88000 USD
CY2018 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1129000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
42470000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-43716000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
85471000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
21897000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5731000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3181000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
25831000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5723000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8525000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1051000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-9301000 USD
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
271000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
51109000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
44124000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
17143000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
208982000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
526956000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
415720000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30345000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12834000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
33297000 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
308000 USD
CY2021 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1070269000 USD
CY2020 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1182682000 USD
CY2018 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
557832000 USD
CY2020 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
608269000 USD
CY2018 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
292971000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-131215000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-587247000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-297850000 USD
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
24886000 USD
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
22499000 USD
CY2018 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
17278000 USD
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
50018000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
9904000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7574000 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-42000 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-13000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25132000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
12553000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9691000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
52635000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-47738000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
127561000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
268137000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
315875000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
188314000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
320772000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
268137000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
315875000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4115000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7873000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10677000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4017000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
29562000 USD
CY2018 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
17180000 USD
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
842000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
26000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
802000 USD
CY2021 exel Investments Purchases Incurred But Not Yet Paid
InvestmentsPurchasesIncurredButNotYetPaid
1615000 USD
CY2020 exel Investments Purchases Incurred But Not Yet Paid
InvestmentsPurchasesIncurredButNotYetPaid
0 USD
CY2018 exel Investments Purchases Incurred But Not Yet Paid
InvestmentsPurchasesIncurredButNotYetPaid
0 USD
CY2021 exel Accounts Receivable For Unsettled Investment Sales
AccountsReceivableForUnsettledInvestmentSales
6180000 USD
CY2020 exel Accounts Receivable For Unsettled Investment Sales
AccountsReceivableForUnsettledInvestmentSales
0 USD
CY2018 exel Accounts Receivable For Unsettled Investment Sales
AccountsReceivableForUnsettledInvestmentSales
0 USD
CY2021 us-gaap Fiscal Period
FiscalPeriod
We have adopted a 52- or 53-week fiscal year policy that ends on the Friday closest to December 31st. Fiscal year 2020, which was a 52-week fiscal year, ended on January 1, 2021, fiscal year 2019, which was a 53-week fiscal year, ended on January 3, 2020 and fiscal year 2018, which was a 52-week fiscal year, ended on December 28, 2018. For convenience, references in this report as of and for the fiscal years ended January 1, 2021, January 3, 2020 and December 28, 2018 are indicated as being as of and for the years ended December 31, 2020, 2019 and 2018, respectively.
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:9pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:9pt;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the accompanying Consolidated Financial Statements conforms to accounting principles generally accepted in the U.S., which requires management to make judgments, estimates and assumptions that affect the reported amounts of assets, liabilities, equity, revenues and expenses, and related disclosures. On an ongoing basis, we evaluate our significant estimates. We base our estimates on historical experience and on various other market-specific and other relevant assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ materially from those estimates.</span></div><div style="margin-top:9pt;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In March 2020, we received the Preliminary Calculation of our Branded Prescription Drug Fee for 2020, and in August 2020, the Final Calculation of our Branded Prescription Drug Fee for 2020 from the Internal Revenue Service for the 2018 sales year, which resulted in an increase in our estimate of such fees for the 2018 and 2019 sales years. Accordingly, we recorded an adjustment to increase selling, general and administrative expenses for these fees by $5.1 million during the fiscal year ended December 31, 2020. This adjustment resulted in a $0.02 decrease in basic and diluted </span><span style="background-color:#ffffff;color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">earnings per share for the fiscal year ended December 31, 2020.</span></div>
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 exel Sales Revenue Percent Discount For Prompt Payment
SalesRevenuePercentDiscountForPromptPayment
0.02
CY2021 exel Sales Revenue Discount Expectedtobe Earned Percent
SalesRevenueDiscountExpectedtobeEarnedPercent
1
CY2021 exel Medicare Part D Funding Mandate
MedicarePartDFundingMandate
0.70
CY2021 us-gaap Advertising Expense
AdvertisingExpense
25100000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
17900000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
14800000 USD
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
900000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
987538000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
967775000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
853826000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
987538000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
967775000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
853826000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
17276000 USD
CY2020 exel Valuation Allowances And Reserves Additions For Sales In Current Period
ValuationAllowancesAndReservesAdditionsForSalesInCurrentPeriod
193791000 USD
CY2020 exel Valuation Allowances And Reserves Additions For Sales In Prior Period
ValuationAllowancesAndReservesAdditionsForSalesInPriorPeriod
3880000 USD
CY2020 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
188714000 USD
CY2020Q1 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
26233000 USD
CY2021 exel Valuation Allowances And Reserves Additions For Sales In Current Period
ValuationAllowancesAndReservesAdditionsForSalesInCurrentPeriod
220748000 USD
CY2021 exel Valuation Allowances And Reserves Additions For Sales In Prior Period
ValuationAllowancesAndReservesAdditionsForSalesInPriorPeriod
293000 USD
CY2021 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
216738000 USD
CY2021Q1 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
30536000 USD
CY2021Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
0 USD
CY2020Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1062000 USD
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1790000 USD
CY2020Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
0 USD
CY2021Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3755000 USD
CY2020Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
6596000 USD
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
5545000 USD
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
6596000 USD
CY2021 exel Contract With Customer Liability Including New Contract Revenue Recognized
ContractWithCustomerLiabilityIncludingNewContractRevenueRecognized
9200000 USD
CY2020 exel Contract With Customer Liability Including New Contract Revenue Recognized
ContractWithCustomerLiabilityIncludingNewContractRevenueRecognized
6500000 USD
CY2018 exel Contract With Customer Liability Including New Contract Revenue Recognized
ContractWithCustomerLiabilityIncludingNewContractRevenueRecognized
8700000 USD
CY2021 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
169700000 USD
CY2020 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
161200000 USD
CY2018 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
198100000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
86100000 USD
CY2021Q1 exel Milestone Payments Earned To Date
MilestonePaymentsEarnedToDate
350000000.0 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1355901000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
319217000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
266501000 USD
CY2021Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1555000 USD
CY2020Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1636000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
320772000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
268137000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1349982000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
5931000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
12000 USD
CY2020Q1 us-gaap Inventory Gross
InventoryGross
16523000 USD
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
2700000 USD
CY2021Q1 exel Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents And Available For Sale Debt Securities Amortized Cost Basis
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAndAvailableForSaleDebtSecuritiesAmortizedCostBasis
1532923000 USD
CY2021Q1 exel Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents And Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAndAvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
5931000 USD
CY2021Q1 exel Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents And Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAndAvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
12000 USD
CY2021Q1 exel Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents And Available For Sale Debt Securities
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAndAvailableForSaleDebtSecurities
1538842000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1308351000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
4121000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
8000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1312464000 USD
CY2020Q1 exel Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents And Available For Sale Debt Securities Amortized Cost Basis
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAndAvailableForSaleDebtSecuritiesAmortizedCostBasis
1384510000 USD
CY2020Q1 exel Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents And Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAndAvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
4126000 USD
CY2020Q1 exel Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents And Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAndAvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
8000 USD
CY2020Q1 exel Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents And Available For Sale Debt Securities
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAndAvailableForSaleDebtSecurities
1388628000 USD
CY2021Q1 us-gaap Interest Receivable
InterestReceivable
4500000 USD
CY2020Q1 us-gaap Interest Receivable
InterestReceivable
6200000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
56299000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
12000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
17377000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
8000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
14 investment
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
9 investment
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
1034150000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
789913000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
321751000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
522551000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1355901000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1312464000 USD
CY2021Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
7773000 USD
CY2020Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
2709000 USD
CY2021Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
20610000 USD
CY2020Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
9447000 USD
CY2021Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
7291000 USD
CY2020Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4367000 USD
CY2021Q1 us-gaap Inventory Gross
InventoryGross
35674000 USD
CY2020Q1 us-gaap Inventory Gross
InventoryGross
16523000 USD
CY2021Q1 us-gaap Inventory Gross
InventoryGross
35674000 USD
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
1300000 USD
CY2018 us-gaap Inventory Write Down
InventoryWriteDown
1100000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
102068000 USD
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
74452000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
34684000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
25560000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
67384000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
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CY2020 us-gaap Depreciation
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
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CY2021 us-gaap Defined Contribution Plan Cost Recognized
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CY2020 us-gaap Defined Contribution Plan Cost Recognized
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CY2018 us-gaap Defined Contribution Plan Cost Recognized
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CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2018 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
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CY2020 us-gaap Current Income Tax Expense Benefit
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DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
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CY2020 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
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CY2018 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 exel Effective Income Tax Rate Reconciliation Nondeductible Expense Deferred Compensation
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CY2020 exel Effective Income Tax Rate Reconciliation Nondeductible Expense Deferred Compensation
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CY2018 exel Effective Income Tax Rate Reconciliation Nondeductible Expense Deferred Compensation
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1111000 USD
CY2021 exel Effective Income Tax Rate Reconciliation Branded Prescription Drug Fee
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CY2020 exel Effective Income Tax Rate Reconciliation Branded Prescription Drug Fee
EffectiveIncomeTaxRateReconciliationBrandedPrescriptionDrugFee
1099000 USD
CY2018 exel Effective Income Tax Rate Reconciliation Branded Prescription Drug Fee
EffectiveIncomeTaxRateReconciliationBrandedPrescriptionDrugFee
371000 USD
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
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CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1287000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
611000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
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IncomeTaxExpenseBenefit
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CY2021Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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CY2020Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
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CY2017Q4 us-gaap Unrecognized Tax Benefits
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CY2020Q1 exel Deferred Tax Assets Amortization Of Deferred Stock Compensation Non Qualified
DeferredTaxAssetsAmortizationOfDeferredStockCompensationNonQualified
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CY2020Q1 exel Deferred Tax Assets Lease Liabilities
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CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
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CY2020Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
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CY2021Q1 us-gaap Deferred Tax Assets Deferred Income
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CY2020Q1 us-gaap Deferred Tax Assets Other
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CY2020Q1 us-gaap Deferred Tax Assets Valuation Allowance
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CY2021Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
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CY2020Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
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CY2020Q1 us-gaap Deferred Tax Assets Valuation Allowance
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CY2020Q1 us-gaap Unrecognized Tax Benefits
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589000 USD
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CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2021Q1 us-gaap Unrecognized Tax Benefits
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CY2020Q1 us-gaap Operating Lease Liability
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CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
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CY2019Q3 us-gaap Gross Profit
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us-gaap Gross Profit
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NetIncomeLoss
75775000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
79042000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
97452000 USD
us-gaap Net Income Loss
NetIncomeLoss
68743000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2020Q2 exel Milestone Payments Earned
MilestonePaymentsEarned
100000 USD
CY2020Q3 exel Milestone Payments Earned
MilestonePaymentsEarned
43500000 USD
CY2020Q4 exel Milestone Payments Earned
MilestonePaymentsEarned
13500000 USD
CY2021Q1 exel Milestone Payments Earned
MilestonePaymentsEarned
29400000 USD
CY2019Q1 exel Milestone Payments Earned
MilestonePaymentsEarned
10000000.0 USD
CY2019Q2 exel Milestone Payments Earned
MilestonePaymentsEarned
20400000 USD
CY2019Q3 exel Milestone Payments Earned
MilestonePaymentsEarned
50600000 USD
exel Milestone Payments Earned
MilestonePaymentsEarned
15100000 USD

Files In Submission

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0001628280-21-001852.txt Edgar Link pending
0001628280-21-001852-xbrl.zip Edgar Link pending
exel-20210101.htm Edgar Link pending
exel-20210101.xsd Edgar Link pending
exel-20210101_cal.xml Edgar Link unprocessable
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