2020 Q2 Form 10-Q Financial Statement

#000091447520000018 Filed on August 03, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2 2019 Q1
Revenue $302.4M $183.5M $138.4M
YoY Change 64.8% 89.36% 94.69%
Cost Of Revenue $2.400M $1.600M $1.129M
YoY Change 50.0% 87.35% 18.84%
Gross Profit $300.0M $181.9M $137.3M
YoY Change 64.93% 89.38% 95.72%
Gross Profit Margin 99.21% 99.13% 99.18%
Selling, General & Admin $96.50M $80.80M $87.54M
YoY Change 19.43% 32.64% 49.29%
% of Gross Profit 32.17% 44.42% 63.77%
Research & Development $80.90M $61.69M $37.65M
YoY Change 31.15% 66.78% -23.08%
% of Gross Profit 26.97% 33.91% 27.43%
Depreciation & Amortization $2.100M $1.800M $1.600M
YoY Change 16.67% 100.0% 100.0%
% of Gross Profit 0.7% 0.99% 1.17%
Operating Expenses $225.8M $149.1M $239.4M
YoY Change 51.44% 50.98% 120.58%
Operating Profit $76.60M $34.40M -$101.0M
YoY Change 122.67% -1957.45% 169.71%
Interest Expense $8.300M $7.900M $7.853M
YoY Change 5.06% 4.07% 4.65%
% of Operating Profit 10.84% 22.97%
Other Income/Expense, Net $6.600M $17.70M -$1.597M
YoY Change -62.71% 8750.0% -63.46%
Pretax Income $83.20M $52.10M -$102.6M
YoY Change 59.69% -983.05% 145.35%
Income Tax $3.600M $800.0K -$500.0K
% Of Pretax Income 4.33% 1.54%
Net Earnings $79.60M $51.30M -$102.1M
YoY Change 55.17% -967.58% 144.15%
Net Earnings / Revenue 26.32% 27.96% -73.77%
Basic Earnings Per Share $0.86 $0.56 -$1.12
Diluted Earnings Per Share $0.81 $0.54 -$1.12
COMMON SHARES
Basic Shares Outstanding 93.00M shares 91.40M shares 91.10M shares
Diluted Shares Outstanding 98.20M shares 94.80M shares 91.10M shares

Balance Sheet

Concept 2020 Q2 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $948.3M $620.0M $524.1M
YoY Change 52.96% 21.87% 13.8%
Cash & Equivalents $415.1M $141.0M $72.78M
Short-Term Investments $533.2M $479.0M $451.3M
Other Short-Term Assets $27.50M $21.46M $24.15M
YoY Change 28.18% 31.63% 180.39%
Inventory $22.00M $12.02M $13.01M
Prepaid Expenses
Receivables $148.4M $95.36M $71.96M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.146B $748.8M $633.2M
YoY Change 53.07% 31.9% 23.26%
LONG-TERM ASSETS
Property, Plant & Equipment $44.60M $39.62M $36.66M
YoY Change 12.56% 110.76% 210.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $245.9M $223.9M $233.1M
YoY Change 9.83% -10.22% -15.64%
Other Assets $3.600M $5.500M $5.500M
YoY Change -34.55% 0.0% 22.22%
Total Long-Term Assets $369.4M $318.1M $324.5M
YoY Change 16.14% 16.25% 10.9%
TOTAL ASSETS
Total Short-Term Assets $1.146B $748.8M $633.2M
Total Long-Term Assets $369.4M $318.1M $324.5M
Total Assets $1.516B $1.067B $957.7M
YoY Change 42.06% 26.81% 18.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $137.1M $95.00M $68.30M
YoY Change 44.32% 55.74% 49.45%
Accrued Expenses $9.200M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $419.5M $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $573.0M $100.6M $72.00M
YoY Change 469.64% 62.87% 54.96%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $398.5M $393.4M
YoY Change -100.0% 5.17% 5.13%
Other Long-Term Liabilities $27.10M $17.92M $15.86M
YoY Change 51.27% -22.78% -25.17%
Total Long-Term Liabilities $27.10M $17.92M $15.86M
YoY Change 51.27% -95.54% -95.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $573.0M $100.6M $72.00M
Total Long-Term Liabilities $27.10M $17.92M $15.86M
Total Liabilities $684.4M $583.2M $87.87M
YoY Change 17.36% 25.71% -80.12%
SHAREHOLDERS EQUITY
Retained Earnings -$1.016B -$1.220B -$1.272B
YoY Change -16.78% -2.09% 2.51%
Common Stock $1.842B $1.704B $1.681B
YoY Change 8.14% 4.72% 4.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $831.2M $483.7M $409.3M
YoY Change
Total Liabilities & Shareholders Equity $1.516B $1.067B $957.7M
YoY Change 42.06% 26.81% 18.77%

Cashflow Statement

Concept 2020 Q2 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income $79.60M $51.30M -$102.1M
YoY Change 55.17% -967.58% 144.15%
Depreciation, Depletion And Amortization $2.100M $1.800M $1.600M
YoY Change 16.67% 100.0% 100.0%
Cash From Operating Activities $121.6M $64.20M -$112.5M
YoY Change 89.41% 213.17% 192.31%
INVESTING ACTIVITIES
Capital Expenditures -$4.700M -$4.500M $3.900M
YoY Change 4.44% -2.17% 116.67%
Acquisitions
YoY Change
Other Investing Activities $98.10M $4.200M $44.90M
YoY Change 2235.71% -114.09% -181.19%
Cash From Investing Activities $93.40M -$300.0K $41.00M
YoY Change -31233.33% -99.13% -171.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.600M
YoY Change -83.89%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 13.10M 4.300M 2.600M
YoY Change 204.65% -30.65% -83.89%
NET CHANGE
Cash From Operating Activities 121.6M 64.20M -112.5M
Cash From Investing Activities 93.40M -300.0K 41.00M
Cash From Financing Activities 13.10M 4.300M 2.600M
Net Change In Cash 228.1M 68.20M -68.90M
YoY Change 234.46% -974.36% -13.23%
FREE CASH FLOW
Cash From Operating Activities $121.6M $64.20M -$112.5M
Capital Expenditures -$4.700M -$4.500M $3.900M
Free Cash Flow $126.3M $68.70M -$116.4M
YoY Change 83.84% 173.71% 188.93%

Facts In Submission

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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
29500000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
15800000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
831200000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
409300000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
51300000 USD
CY2019Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
900000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17900000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
4300000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
483700000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
636900000 USD
us-gaap Net Income Loss
NetIncomeLoss
117000000.0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
3200000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
52300000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
19100000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2700000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
831200000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
480800000 USD
us-gaap Net Income Loss
NetIncomeLoss
-50800000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2600000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
33700000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6900000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2500000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
483700000 USD
us-gaap Net Income Loss
NetIncomeLoss
117000000.0 USD
us-gaap Net Income Loss
NetIncomeLoss
-50800000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
52300000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
33700000 USD
us-gaap Depreciation
Depreciation
4200000 USD
us-gaap Depreciation
Depreciation
3400000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
10000000.0 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
9300000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
700000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
700000 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-5200000 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
22700000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
700000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-600000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
21800000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
39100000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4700000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1200000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-5100000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7700000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1400000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-11300000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
157100000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-48300000 USD
us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
54700000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6000000.0 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
288600000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
235900000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
421200000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
339700000 USD
us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8400000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
126600000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
40700000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
19100000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6900000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19100000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6900000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
302800000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-700000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
115500000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
147200000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
418300000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146500000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
900000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
900000 USD
us-gaap Interest Paid Net
InterestPaidNet
5800000 USD
us-gaap Interest Paid Net
InterestPaidNet
5800000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
400000 USD
nbix Number Of Irish Subsidiaries
NumberOfIrishSubsidiaries
2 subsidiary
CY2020Q2 us-gaap Debt Securities Available For Sale Accrued Interest Threshold Period Writeoff
DebtSecuritiesAvailableForSaleAccruedInterestThresholdPeriodWriteoff
P90D
us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div style="margin-top:4pt;margin-bottom:4pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Allowance for Credit Losses. </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">For debt securities available-for-sale in an unrealized loss position, we first assess whether we intend to sell, or it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through earnings. For debt securities available-for-sale that do not meet the aforementioned criteria, we evaluate whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, we consider the extent to which fair value is less than amortized cost, any changes in interest rates, and any changes to the rating of the security by a rating agency, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security is compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income or loss, as applicable.</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Accrued interest receivables on debt securities available-for-sale totaled $3.7 million at June 30, 2020. We do not measure an allowance for credit losses for accrued interest receivables. For the purposes of identifying and measuring an impairment, accrued interest is excluded from both the fair value and amortized cost basis of the debt security. Uncollectible accrued interest receivables associated with an impaired debt security are reversed against interest income upon identification of the impairment. No accrued interest receivables were written off during the six months ended June 30, 2020.</span></div>
CY2020Q2 us-gaap Interest Receivable Current
InterestReceivableCurrent
3700000 USD
us-gaap Debt Securities Available For Sale Accrued Interest Writeoff
DebtSecuritiesAvailableForSaleAccruedInterestWriteoff
0 USD
CY2020Q2 nbix Debt Securities Available For Sale Position Number Of Positions
DebtSecuritiesAvailableForSalePositionNumberOfPositions
158 security
CY2020Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
17 security
CY2020Q2 us-gaap Investments
Investments
1197400000 USD
CY2019Q4 us-gaap Investments
Investments
1029300000 USD
CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
15800000 USD
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
14100000 USD
CY2020Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1800000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1500000 USD
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
4400000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1700000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
22000000.0 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
17300000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
415100000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
112300000 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
3200000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
3200000 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
418300000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
115500000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
5000000.0 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
3900000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11600000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
4300000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
3300000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P11Y
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.058
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.058
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4300000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
10600000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10900000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
11200000 USD
CY2020Q2 nbix Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
79700000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
128300000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
34800000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
93500000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9200000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
84300000 USD
CY2020Q2 nbix Non Cancelable Future Minimum Lease Payments For Operating Leases Not Yet Commenced
NonCancelableFutureMinimumLeasePaymentsForOperatingLeasesNotYetCommenced
28300000 USD
CY2020Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
517500000 USD
CY2019Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
517500000 USD
CY2020Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6200000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6900000 USD
CY2020Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
91800000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
101800000 USD
CY2020Q2 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
419500000 USD
CY2019Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
408800000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
79600000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
51300000 USD
us-gaap Net Income Loss
NetIncomeLoss
117000000.0 USD
us-gaap Net Income Loss
NetIncomeLoss
-50800000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
93000000.0 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91200000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
98200000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
94800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97600000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91200000 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.86
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.26
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.56
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.81
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.56

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