2012 Q4 Form 10-K Financial Statement

#000110465913016208 Filed on February 28, 2013

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2012 Q2
Revenue $19.87M $11.60M $47.34M
YoY Change -38.67% -43.99% 90.71%
Cost Of Revenue $42.60M
YoY Change
Gross Profit -$22.70M
YoY Change
Gross Profit Margin -114.23%
Selling, General & Admin $3.200M $3.100M $3.200M
YoY Change -15.79% 0.0% 10.34%
% of Gross Profit
Research & Development $35.60M $40.44M
YoY Change -10.83% 12.29%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $45.99M $39.65M $43.64M
YoY Change -9.85% -7.86% 12.24%
Operating Profit -$26.12M -$28.05M $3.696M
YoY Change 40.3% 25.68% -126.29%
Interest Expense $15.10M $5.937M $5.219M
YoY Change -1178.57% 24.39% 51.85%
% of Operating Profit 141.21%
Other Income/Expense, Net -$231.4M
YoY Change
Pretax Income -$242.4M -$38.35M -$1.207M
YoY Change 1112.0% 42.64% -93.25%
Income Tax -$8.400M -$706.0K $0.00
% Of Pretax Income
Net Earnings -$234.0M -$37.60M -$1.200M
YoY Change 1070.0% 39.78% -93.3%
Net Earnings / Revenue -1177.48% -324.11% -2.53%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.03 -$0.37 -$0.01
COMMON SHARES
Basic Shares Outstanding 101.2M shares 100.7M shares 100.2M shares
Diluted Shares Outstanding 100.7M shares 100.2M shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $374.4M $343.6M $336.0M
YoY Change 8.96% -5.82% -14.98%
Cash & Equivalents $124.5M $84.56M $85.65M
Short-Term Investments $250.0M $259.0M $250.4M
Other Short-Term Assets $8.727M $7.800M $5.700M
YoY Change 61.16% 2.63% -25.0%
Inventory $6.100M $6.700M $7.100M
Prepaid Expenses
Receivables $500.0K $3.500M $1.600M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $423.4M $361.6M $350.4M
YoY Change 17.58% -4.11% -14.68%
LONG-TERM ASSETS
Property, Plant & Equipment $91.08M $92.60M $94.00M
YoY Change -5.72% -5.51% 6.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments -$5.563M -$5.563M
YoY Change
Other Assets $5.900M $6.100M $2.500M
YoY Change 110.71% 96.77% -24.24%
Total Long-Term Assets $122.2M $124.1M $122.0M
YoY Change -2.01% -3.56% 2.59%
TOTAL ASSETS
Total Short-Term Assets $423.4M $361.6M $350.4M
Total Long-Term Assets $122.2M $124.1M $122.0M
Total Assets $545.7M $485.7M $472.4M
YoY Change 12.54% -3.97% -10.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.24M $5.256M $6.200M
YoY Change 23.36% -21.55% 100.0%
Accrued Expenses $15.40M $11.90M $20.60M
YoY Change -17.44% -41.38% 34.64%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.900M $5.200M $5.300M
YoY Change 44.12% 23.81% 8.16%
Total Short-Term Liabilities $74.32M $51.60M $55.06M
YoY Change -2.35% -38.2% -40.15%
LONG-TERM LIABILITIES
Long-Term Debt $221.9M $221.3M $225.7M
YoY Change 2.97% 3.95% 12.12%
Other Long-Term Liabilities $66.70M $42.50M $37.30M
YoY Change 204.57% 88.05% 54.77%
Total Long-Term Liabilities $288.6M $263.8M $263.0M
YoY Change 21.57% 12.02% 16.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $74.32M $51.60M $55.06M
Total Long-Term Liabilities $288.6M $263.8M $263.0M
Total Liabilities $362.9M $315.4M $318.1M
YoY Change 15.78% -1.13% 0.21%
SHAREHOLDERS EQUITY
Retained Earnings -$907.0M -$904.3M
YoY Change 7.78%
Common Stock $1.077B $1.074B
YoY Change 6.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $182.8M $170.3M $154.3M
YoY Change
Total Liabilities & Shareholders Equity $545.7M $485.7M $472.4M
YoY Change 12.54% -3.97% -10.8%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2012 Q2
OPERATING ACTIVITIES
Net Income -$234.0M -$37.60M -$1.200M
YoY Change 1070.0% 39.78% -93.3%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $36.10M -$24.90M -$2.600M
YoY Change -259.03% 7.33% -90.08%
INVESTING ACTIVITIES
Capital Expenditures -$500.0K -$100.0K -$800.0K
YoY Change -61.54% -96.55% -76.47%
Acquisitions
YoY Change
Other Investing Activities $5.500M -$10.40M $24.80M
YoY Change -83.63% 285.19% -11.43%
Cash From Investing Activities $5.000M -$10.60M $24.10M
YoY Change -84.52% 85.96% -2.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.200M 34.40M 7.800M
YoY Change -300.0% -3922.22% 2500.0%
NET CHANGE
Cash From Operating Activities 36.10M -24.90M -2.600M
Cash From Investing Activities 5.000M -10.60M 24.10M
Cash From Financing Activities -1.200M 34.40M 7.800M
Net Change In Cash 39.90M -1.100M 29.30M
YoY Change 291.18% -96.31% -2541.67%
FREE CASH FLOW
Cash From Operating Activities $36.10M -$24.90M -$2.600M
Capital Expenditures -$500.0K -$100.0K -$800.0K
Free Cash Flow $36.60M -$24.80M -$1.800M
YoY Change -271.03% 22.17% -92.11%

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Revenues
32403000 USD
CY2011Q1 us-gaap Operating Expenses
OperatingExpenses
37255000 USD
CY2011Q2 us-gaap Operating Expenses
OperatingExpenses
38883000 USD
CY2011Q3 us-gaap Operating Expenses
OperatingExpenses
43029000 USD
CY2011Q4 us-gaap Operating Expenses
OperatingExpenses
51019000 USD
CY2011Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-16108000 USD
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-14060000 USD
CY2012 us-gaap Use Of Estimates
UseOfEstimates
<div style='font-size:10.0pt;FONT-FAMILY: Times New Roman;'> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Use of estimates</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</font></p></div>
CY2012 isis Number Of Categories Of Milestone Events
NumberOfCategoriesOfMilestoneEvents
3 item
CY2012 isis Number Of Stages Of Life Cycle Of Drugs
NumberOfStagesOfLifeCycleOfDrugs
3 item
CY2012Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6121000 USD
CY2012Q4 isis Property Plant And Equipment Gross Excluding Land
PropertyPlantAndEquipmentGrossExcludingLand
135351000 USD
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
54465000 USD
CY2012Q4 isis Property Plant And Equipment Net Excluding Land
PropertyPlantAndEquipmentNetExcludingLand
80886000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
91084000 USD
CY2011Q4 isis Property Plant And Equipment Gross Excluding Land
PropertyPlantAndEquipmentGrossExcludingLand
133837000 USD
CY2011Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
47420000 USD
CY2011Q4 isis Property Plant And Equipment Net Excluding Land
PropertyPlantAndEquipmentNetExcludingLand
86417000 USD
CY2012 isis Variable Interest Entity Not Primary Beneficiary Number Of Entities
VariableInterestEntityNotPrimaryBeneficiaryNumberOfEntities
6 item
CY2011 isis Variable Interest Entity Not Primary Beneficiary Number Of Entities
VariableInterestEntityNotPrimaryBeneficiaryNumberOfEntities
6 item
CY2012Q4 isis Available For Sale Securities Debt Maturities Within One Year Percentage
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearPercentage
0.56 pure
CY2012Q4 isis Available For Sale Securities Debt Maturities After One Through Two Years Percentage
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughTwoYearsPercentage
0.32 pure
CY2012Q4 isis Available For Sale Securities Debt Maturities After Two Through Three Years Percentage
AvailableForSaleSecuritiesDebtMaturitiesAfterTwoThroughThreeYearsPercentage
0.12 pure
CY2012Q4 isis Available For Sale Securities Debt Maturities Total Percentage
AvailableForSaleSecuritiesDebtMaturitiesTotalPercentage
1.00 pure
CY2012Q4 isis Available For Sale Securities Debt Maturities Within Two Years Percentage
AvailableForSaleSecuritiesDebtMaturitiesWithinTwoYearsPercentage
0.88 pure
CY2012Q4 isis Number Of Privately Held Companies In Which Entity Has Equity Investment
NumberOfPrivatelyHeldCompaniesInWhichEntityHasEquityInvestment
3 company
CY2012Q4 isis Number Of Publicly Held Companies In Which Entity Has Equity Investment
NumberOfPubliclyHeldCompaniesInWhichEntityHasEquityInvestment
4 company
CY2011Q4 us-gaap Cost Method Investments
CostMethodInvestments
625000 USD
CY2011Q4 us-gaap Cost Method Investments Fair Value Disclosure
CostMethodInvestmentsFairValueDisclosure
625000 USD
CY2011Q4 isis Securities Amortized Cost Basis
SecuritiesAmortizedCostBasis
280939000 USD
CY2011Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
719000 USD
CY2011Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
684000 USD
CY2011 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
880000 USD
CY2011Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
280094000 USD
CY2012Q4 us-gaap Cost Method Investments
CostMethodInvestments
625000 USD
CY2012Q4 us-gaap Cost Method Investments Fair Value Disclosure
CostMethodInvestmentsFairValueDisclosure
625000 USD
CY2012Q4 isis Securities Amortized Cost Basis
SecuritiesAmortizedCostBasis
267569000 USD
CY2012Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
22581000 USD
CY2012Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
185000 USD
CY2012Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
289085000 USD
CY2012Q4 us-gaap Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
44 security
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
72742000 USD
CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
-185000 USD
CY2011Q4 isis Long Term Debt And Other
LongTermDebtAndOther
218840000 USD
CY2012Q4 isis Long Term Debt And Other
LongTermDebtAndOther
226821000 USD
CY2012Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
4879000 USD
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8571000 USD
CY2011 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9845000 USD
CY2010 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12159000 USD
CY2012 isis Effective Income Tax Rate Reconciliation Deferred Tax
EffectiveIncomeTaxRateReconciliationDeferredTax
-0.011 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.005 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.009 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.007 pure
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.000 pure
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.122 pure
CY2010 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.002 pure
CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
244539000 USD
CY2011Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
195399000 USD
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.057 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.485 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.439 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.339 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.050 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.011 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.052 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.017 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.015 pure
CY2011 isis Effective Income Tax Rate Reconciliation Deferred Tax
EffectiveIncomeTaxRateReconciliationDeferredTax
0.050 pure
CY2011Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
307488000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
9834000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
10872000 USD
CY2010 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-73000 USD
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
11000 USD
CY2010 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
165000 USD
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
11000 USD
CY2010 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
92000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-26105000 USD
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-29677000 USD
CY2010 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-21438000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-4284000 USD
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-4870000 USD
CY2010 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-3518000 USD
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
25269000 USD
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
41136000 USD
CY2010 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
26869000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
-806000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
4202000 USD
CY2010 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
3175000 USD
CY2011 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
-1448000 USD
CY2010 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
-908000 USD
CY2012 isis Income Tax Reconciliation Deferred Tax
IncomeTaxReconciliationDeferredTax
839000 USD
CY2011 isis Income Tax Reconciliation Deferred Tax
IncomeTaxReconciliationDeferredTax
-4236000 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
719000 USD
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
412000 USD
CY2010 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
446000 USD
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.057 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.057 pure
CY2012Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
46928000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
44970000 USD
CY2012Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
22223000 USD
CY2011Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
23212000 USD
CY2012Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
7285000 USD
CY2011Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
20541000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
3605000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
10888000 USD
CY2012Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
18931000 USD
CY2011Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
25606000 USD
CY2012Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
343511000 USD
CY2011Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
320616000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities Financing Arrangements
DeferredTaxLiabilitiesFinancingArrangements
9426000 USD
CY2011Q4 isis Deferred Tax Liabilities Property Plant And Equipment And Goodwill And Intangible Assets
DeferredTaxLiabilitiesPropertyPlantAndEquipmentAndGoodwillAndIntangibleAssets
3702000 USD
CY2011Q4 isis Deferred Tax Assets Liabilities Before Valuation Allowance
DeferredTaxAssetsLiabilitiesBeforeValuationAllowance
307488000 USD
CY2012 isis Defined Contribution Plan Employee Contribution Limit By Plan Participants Under Fifty Years Age
DefinedContributionPlanEmployeeContributionLimitByPlanParticipantsUnderFiftyYearsAge
17000 USD
CY2012 isis Defined Contribution Plan Employee Contribution Limit By Plan Participants Over Fifty Years Age
DefinedContributionPlanEmployeeContributionLimitByPlanParticipantsOverFiftyYearsAge
22500 USD
CY2012 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
529000 USD
CY2011 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
487000 USD
CY2010 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
449000 USD
CY2012Q1 us-gaap Revenues
Revenues
23235000 USD
CY2012Q2 us-gaap Revenues
Revenues
47340000 USD
CY2012Q3 us-gaap Revenues
Revenues
11601000 USD
CY2012Q4 us-gaap Revenues
Revenues
19873000 USD
CY2012Q1 us-gaap Operating Expenses
OperatingExpenses
41690000 USD
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
43644000 USD
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
39647000 USD
CY2012Q4 us-gaap Operating Expenses
OperatingExpenses
45992000 USD
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-18455000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
3696000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-28046000 USD
CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-26119000 USD
CY2012Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-23995000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1207000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-37639000 USD
CY2012Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2637000 USD
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.37
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2011Q1 us-gaap Revenues
Revenues
21147000 USD
CY2011Q2 us-gaap Revenues
Revenues
24823000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-22316000 USD
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-18616000 USD
CY2011Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-19994000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1332000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1380000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1401000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-26882000 USD
CY2011Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-20036000 USD
CY2011Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.20
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.18
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.27
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.20
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-9111000 USD
CY2010 isis Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
0 USD
CY2010 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
138000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
12480000 USD
CY2012 isis Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation Expected
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensationExpected
10600000 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
-12041000 USD
CY2012Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
1400000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1423000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1389000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
20578000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
27503000 USD
CY2012 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1900000 USD
CY2011 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4600000 USD
CY2010 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4300000 USD
CY2011Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
1200000 USD
CY2012 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
8400000 USD
CY2006Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
4250000 shares
CY2006Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
8.93
CY2012 us-gaap Gain Loss On Investments
GainLossOnInvestments
1465000 USD
CY2012 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
880000 USD
CY2012 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style='font-size:10.0pt;FONT-FAMILY: Times New Roman;'> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Concentration of credit risk</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Financial instruments that potentially subject us to concentrations of credit risk consist primarily of cash equivalents, short-term investments and receivables. We place our cash equivalents and certain of our short-term investments with reputable financial institutions. We primarily invest our excess cash in commercial paper and debt instruments of the U.S. Treasury, financial institutions, corporations, and U.S. government agencies with strong credit ratings and an investment grade rating at or above A-1, P-1 or F-1 by Moody&#8217;s, Standard&#160;&amp; Poor&#8217;s (S&amp;P) or Fitch, respectively.&#160; We have established guidelines relative to diversification and maturities that maintain safety and liquidity. We periodically review and modify these guidelines to maximize trends in yields and interest rates without compromising safety and liquidity.</font></p></div>
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1292000 USD
CY2012Q4 us-gaap Land
Land
10198000 USD
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-279000 USD
CY2011Q4 us-gaap Land
Land
10198000 USD
CY2011Q4 isis Long Term Debt And Other Noncurrent
LongTermDebtAndOtherNoncurrent
215450000 USD
CY2012Q4 isis Long Term Debt And Other Noncurrent
LongTermDebtAndOtherNoncurrent
221942000 USD
CY2012 isis Leases Number Of Buildings
LeasesNumberOfBuildings
3 building
CY2012Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
231000
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
174000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
421000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
124482000 USD
CY2012Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
249964000 USD
CY2012Q4 us-gaap Receivables Long Term Contracts Or Programs
ReceivablesLongTermContractsOrPrograms
522000 USD
CY2012Q4 isis Licenses Net
LicensesNet
6579000 USD
CY2012Q4 isis Patents Net
PatentsNet
18646000 USD
CY2012Q4 isis Deposits And Other Assets Noncurrent
DepositsAndOtherAssetsNoncurrent
5939000 USD
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
10239000 USD
CY2012Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7878000 USD
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
8727000 USD
CY2012Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
15401000 USD
CY2012Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
35925000 USD
CY2012Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
66656000 USD
CY2012Q4 isis Capital Lease And Other Long Term Borrowings Non Current
CapitalLeaseAndOtherLongTermBorrowingsNonCurrent
7402000 USD
CY2012Q4 isis Long Term Financing Obligation
LongTermFinancingObligation
70550000 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
102000 USD
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1077150000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-906966000 USD
CY2012 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12515000 USD
CY2012 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1406000 USD
CY2012 us-gaap Interest Expense
InterestExpense
21152000 USD
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100576000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
100576000 shares
CY2012 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
57560000 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8571000 USD
CY2012 isis Amortization Of Patents
AmortizationOfPatents
1224000 USD
CY2012 isis Amortization Of Licenses
AmortizationOfLicenses
2457000 USD
CY2012 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
-4193000 USD
CY2012 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
619000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
8571000 USD
CY2012 isis Income Losses Related To Patents And Property Plant And Equipment
IncomeLossesRelatedToPatentsAndPropertyPlantAndEquipment
-825000 USD
CY2012 isis Increase Decrease In Contracts Receivable Net
IncreaseDecreaseInContractsReceivableNet
-6399000 USD
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1982000 USD
CY2012 us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
-1305000 USD
CY2012 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
255000 USD
CY2012 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3254000 USD
CY2012 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
48523000 USD
CY2012 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
217877000 USD
CY2012 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
242659000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1479000 USD
CY2012 isis Payments To Acquire Licenses And Other Assets
PaymentsToAcquireLicensesAndOtherAssets
3691000 USD
CY2012 isis Purchases Of Strategic Investments
PurchasesOfStrategicInvestments
790000 USD
CY2012 isis Proceeds From The Sale Of Strategic Investments
ProceedsFromTheSaleOfStrategicInvestments
2177000 USD
CY2012 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
9470000 USD
CY2012 isis Proceeds From Equipment Financing Arrangement
ProceedsFromEquipmentFinancingArrangement
9100000 USD
CY2012 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
10419000 USD
CY2012 us-gaap Interest Paid
InterestPaid
5770000 USD
CY2012 isis Noncash Capital And Patent Expenditures
NoncashCapitalAndPatentExpenditures
647000 USD
CY2010 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
7800000 USD
CY2011 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
8600000 USD
CY2012 us-gaap Gain Loss On Sale Of Previously Unissued Stock By Subsidiary Or Equity Investee Nonoperating Income
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
18356000 USD
CY2012 isis Amortization Of Debt Discount Premium Two
AmortizationOfDebtDiscountPremiumTwo
2268000 USD
CY2012 isis Amortization Of Long Term Financing Liability For Leased Facility
AmortizationOfLongTermFinancingLiabilityForLeasedFacility
6503000 USD
CY2012 isis Payments To Acquire Previously Unissued Stock Sold By Subsidiary Or Equity Investee
PaymentsToAcquirePreviouslyUnissuedStockSoldBySubsidiaryOrEquityInvestee
3000000 USD
CY2011 isis Amortization Of Long Term Financing Liability For Leased Facility
AmortizationOfLongTermFinancingLiabilityForLeasedFacility
2872000 USD
CY2010 us-gaap Share Based Compensation
ShareBasedCompensation
12159000 USD
CY2010 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
72000 USD
CY2010 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-7178000 USD
CY2011Q4 us-gaap Equity Method Investments
EquityMethodInvestments
-4424000 USD
CY2010 us-gaap Gain Loss On Sale Of Previously Unissued Stock By Subsidiary Or Equity Investee Nonoperating Income
GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
4651000 USD
CY2012Q4 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Assets
VariableInterestEntityNonconsolidatedCarryingAmountAssets
38500000 USD
CY2011 isis Amortization Of Debt Discount Premium One
AmortizationOfDebtDiscountPremiumOne
8553000 USD
CY2010 isis Amortization Of Debt Discount Premium One
AmortizationOfDebtDiscountPremiumOne
7795000 USD
CY2012 isis Amortization Of Debt Discount Premium One
AmortizationOfDebtDiscountPremiumOne
6169000 USD
CY2010 isis Reporting Segments Previous Number
ReportingSegmentsPreviousNumber
2 segment
CY2012Q4 isis Significant Equity Investment
SignificantEquityInvestment
33622000 USD
CY2011 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
11000 USD
CY2010 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
92000 USD
CY2012 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
-9109000 USD
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2000 USD
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-7827000 USD
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1284000 USD
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-9111000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Financing Arrangements
DeferredTaxLiabilitiesFinancingArrangements
23322000 USD
CY2012Q4 isis Deferred Tax Liabilities Property Plant And Equipment And Goodwill And Intangible Assets
DeferredTaxLiabilitiesPropertyPlantAndEquipmentAndGoodwillAndIntangibleAssets
6784000 USD
CY2012Q4 isis Deferred Tax Assets Liabilities Before Valuation Allowance
DeferredTaxAssetsLiabilitiesBeforeValuationAllowance
313405000 USD
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
-313405000 USD
CY2010Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8968000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
97000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
791000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
963000 USD
CY2010 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
737000 USD
CY2012 isis Income Tax Reconciliation Gain Loss On Sale Of Previously Unissued Stock By Subsidiary Or Equity Investee Nonoperating Income
IncomeTaxReconciliationGainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome
-6353000 USD

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