2020 Q3 Form 10-Q Financial Statement
#000091447520000036 Filed on November 09, 2020
Income Statement
Concept | 2020 Q3 | 2019 Q4 | 2019 Q3 |
---|---|---|---|
Revenue | $258.5M | $244.1M | $222.1M |
YoY Change | 16.39% | 85.64% | 46.35% |
Cost Of Revenue | $2.700M | $2.500M | $2.200M |
YoY Change | 22.73% | 66.67% | 37.5% |
Gross Profit | $255.8M | $241.5M | $219.9M |
YoY Change | 16.33% | 85.77% | 46.4% |
Gross Profit Margin | 98.96% | 98.93% | 99.01% |
Selling, General & Admin | $112.5M | $101.2M | $84.50M |
YoY Change | 33.14% | 46.67% | 39.9% |
% of Gross Profit | 43.98% | 41.9% | 38.43% |
Research & Development | $69.10M | $55.40M | $45.30M |
YoY Change | 52.54% | 41.69% | 27.67% |
% of Gross Profit | 27.01% | 22.94% | 20.6% |
Depreciation & Amortization | $2.200M | $2.100M | $2.000M |
YoY Change | 10.0% | 61.54% | 100.0% |
% of Gross Profit | 0.86% | 0.87% | 0.91% |
Operating Expenses | $302.8M | $195.3M | $132.0M |
YoY Change | 129.39% | 78.16% | 35.48% |
Operating Profit | -$44.30M | $46.20M | $90.10M |
YoY Change | -149.17% | 126.7% | 65.86% |
Interest Expense | $8.500M | -$10.10M | $8.000M |
YoY Change | 6.25% | 225.81% | 4.28% |
% of Operating Profit | -21.86% | 8.88% | |
Other Income/Expense, Net | -$12.80M | -$31.70M | |
YoY Change | -59.62% | 790.7% | |
Pretax Income | -$57.10M | $38.60M | $58.40M |
YoY Change | -197.77% | 105.32% | 15.04% |
Income Tax | $500.0K | $4.600M | $4.600M |
% Of Pretax Income | 11.92% | 7.88% | |
Net Earnings | -$57.60M | $34.00M | $53.80M |
YoY Change | -207.06% | 88.07% | 5.98% |
Net Earnings / Revenue | -22.28% | 13.93% | 24.22% |
Basic Earnings Per Share | -$0.62 | $0.37 | $0.59 |
Diluted Earnings Per Share | -$0.62 | $0.35 | $0.56 |
COMMON SHARES | |||
Basic Shares Outstanding | 93.30M shares | 92.20M shares | 91.90M shares |
Diluted Shares Outstanding | 93.30M shares | 97.20M shares | 96.10M shares |
Balance Sheet
Concept | 2020 Q3 | 2019 Q4 | 2019 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $944.7M | $670.5M | $670.2M |
YoY Change | 40.97% | 3.01% | 5.49% |
Cash & Equivalents | $425.3M | $112.3M | $166.6M |
Short-Term Investments | $519.4M | $558.2M | $503.5M |
Other Short-Term Assets | $34.70M | $16.60M | $22.95M |
YoY Change | 51.17% | -10.72% | 21.45% |
Inventory | $20.60M | $17.30M | $10.80M |
Prepaid Expenses | |||
Receivables | $156.9M | $126.6M | $115.3M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $1.157B | $831.0M | $819.2M |
YoY Change | 41.22% | 12.64% | 14.67% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $43.00M | $41.90M | $40.30M |
YoY Change | 6.69% | 23.71% | 40.83% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $225.1M | $355.5M | $253.7M |
YoY Change | -11.27% | 64.58% | 36.91% |
Other Assets | $3.400M | $0.00 | $4.700M |
YoY Change | -27.66% | -100.0% | -14.55% |
Total Long-Term Assets | $345.7M | $475.0M | $360.7M |
YoY Change | -4.16% | 86.0% | 64.44% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.157B | $831.0M | $819.2M |
Total Long-Term Assets | $345.7M | $475.0M | $360.7M |
Total Assets | $1.503B | $1.306B | $1.180B |
YoY Change | 27.35% | 31.5% | 26.37% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $170.5M | $141.3M | $102.4M |
YoY Change | 66.5% | 923.84% | 42.22% |
Accrued Expenses | $9.700M | ||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $425.0M | $408.8M | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $611.0M | $565.3M | $115.7M |
YoY Change | 428.31% | 540.69% | -74.66% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $403.6M |
YoY Change | -100.0% | -100.0% | |
Other Long-Term Liabilities | $4.300M | $17.10M | $11.70M |
YoY Change | -63.24% | -52.04% | -60.75% |
Total Long-Term Liabilities | $4.300M | $17.10M | $11.70M |
YoY Change | -63.24% | -52.04% | -60.75% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $611.0M | $565.3M | $115.7M |
Total Long-Term Liabilities | $4.300M | $17.10M | $11.70M |
Total Liabilities | $698.3M | $669.1M | $605.4M |
YoY Change | 15.34% | 30.59% | 24.51% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$1.073B | -$1.133B | -$1.167B |
YoY Change | -8.01% | -3.83% | -2.44% |
Common Stock | $1.874B | $1.768B | $1.740B |
YoY Change | 7.75% | 6.49% | 5.73% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $804.3M | $636.9M | $574.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.503B | $1.306B | $1.180B |
YoY Change | 27.35% | 31.5% | 26.37% |
Cashflow Statement
Concept | 2020 Q3 | 2019 Q4 | 2019 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$57.60M | $34.00M | $53.80M |
YoY Change | -207.06% | 88.07% | 5.98% |
Depreciation, Depletion And Amortization | $2.200M | $2.100M | $2.000M |
YoY Change | 10.0% | 61.54% | 100.0% |
Cash From Operating Activities | -$17.50M | $102.6M | $97.80M |
YoY Change | -117.89% | 103.17% | 41.94% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$400.0K | -$2.800M | -$3.500M |
YoY Change | -88.57% | -53.33% | -71.77% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $25.60M | -$163.3M | -$82.10M |
YoY Change | -131.18% | 62.97% | 150.3% |
Cash From Investing Activities | $25.20M | -$166.2M | -$85.60M |
YoY Change | -129.44% | 56.5% | 89.8% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 2.500M | 7.300M | 13.10M |
YoY Change | -80.92% | 305.56% | 142.59% |
NET CHANGE | |||
Cash From Operating Activities | -17.50M | 102.6M | 97.80M |
Cash From Investing Activities | 25.20M | -166.2M | -85.60M |
Cash From Financing Activities | 2.500M | 7.300M | 13.10M |
Net Change In Cash | 10.20M | -56.30M | 25.30M |
YoY Change | -59.68% | 4.45% | -13.36% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$17.50M | $102.6M | $97.80M |
Capital Expenditures | -$400.0K | -$2.800M | -$3.500M |
Free Cash Flow | -$17.10M | $105.4M | $101.3M |
YoY Change | -116.88% | 86.55% | 24.6% |
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InterestExpense
|
25000000.0 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
23800000 | USD | |
CY2020Q3 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-7000000.0 | USD |
CY2019Q3 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-28500000 | USD |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-12200000 | USD | |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-5800000 | USD | |
CY2020Q3 | nbix |
Investment Income And Other Net
InvestmentIncomeAndOtherNet
|
2700000 | USD |
CY2019Q3 | nbix |
Investment Income And Other Net
InvestmentIncomeAndOtherNet
|
4800000 | USD |
nbix |
Investment Income And Other Net
InvestmentIncomeAndOtherNet
|
11000000.0 | USD | |
nbix |
Investment Income And Other Net
InvestmentIncomeAndOtherNet
|
14000000.0 | USD | |
CY2020Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-12800000 | USD |
CY2019Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-31700000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-26200000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-15600000 | USD | |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-57100000 | USD |
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
58400000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
65000000.0 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
7900000 | USD | |
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
500000 | USD |
CY2019Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4600000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5600000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4900000 | USD | |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-57600000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
53800000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
59400000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
3000000.0 | USD | |
CY2020Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-1400000 | USD |
CY2019Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
1000000.0 | USD |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
1800000 | USD | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
3600000 | USD | |
CY2020Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-59000000.0 | USD |
CY2019Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
54800000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
61200000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
6600000 | USD | |
CY2020Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.62 | |
CY2019Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.59 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.64 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | ||
CY2020Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.62 | |
CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.56 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.61 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | ||
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93300000 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
91900000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93000000.0 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
91400000 | shares | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
93300000 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
96100000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
98000000.0 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
95200000 | shares | |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
831200000 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-57600000 | USD |
CY2020Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-1400000 | USD |
CY2020Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
26700000 | USD |
CY2020Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2500000 | USD |
CY2020Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
2900000 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
804300000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
483700000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
53800000 | USD |
CY2019Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
1000000.0 | USD |
CY2019Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
20300000 | USD |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
13100000 | USD |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
2600000 | USD |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
574500000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
636900000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
59400000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
1800000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
79000000.0 | USD | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
21600000 | USD | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
5600000 | USD | |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
804300000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
480800000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
3000000.0 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
3600000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
54000000.0 | USD | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
20000000.0 | USD | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
5100000 | USD | |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
574500000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
59400000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
3000000.0 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
79000000.0 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
54000000.0 | USD | |
us-gaap |
Depreciation
Depreciation
|
6400000 | USD | |
us-gaap |
Depreciation
Depreciation
|
5400000 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
15200000 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
14100000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1000000.0 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1000000.0 | USD | |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-12200000 | USD | |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-5800000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
1700000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-700000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
30300000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
57900000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3400000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-100000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
28100000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
12300000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
29700000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-12400000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
139600000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
49500000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
399200000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
467100000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
557400000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
488800000 | USD | |
us-gaap |
Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
|
54700000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6400000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
11900000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
151800000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-44900000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
21600000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
20000000.0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
21600000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
20000000.0 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
313000000.0 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
24600000 | 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 |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
428500000 | USD |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
171800000 | USD |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1100000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
100000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
5800000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
5800000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
400000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
500000 | USD | |
nbix |
Number Of Irish Subsidiaries
NumberOfIrishSubsidiaries
|
2 | subsidiary | |
CY2020Q3 | 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
|
<span style="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="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>Accrued interest receivables on debt securities available-for-sale totaled $3.5 million at September 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 nine months ended September 30, 2020. | ||
CY2020Q3 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
3500000 | USD |
us-gaap |
Debt Securities Available For Sale Accrued Interest Writeoff
DebtSecuritiesAvailableForSaleAccruedInterestWriteoff
|
0 | USD | |
CY2020Q3 | nbix |
Debt Securities Available For Sale Position Number Of Positions
DebtSecuritiesAvailableForSalePositionNumberOfPositions
|
143 | security |
CY2020Q3 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
14 | security |
CY2020Q3 | us-gaap |
Investments
Investments
|
1173000000.0 | USD |
CY2019Q4 | us-gaap |
Investments
Investments
|
1029300000 | USD |
CY2020Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
14800000 | USD |
CY2019Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
14100000 | USD |
CY2020Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
1000000.0 | USD |
CY2019Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
1500000 | USD |
CY2020Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
4800000 | USD |
CY2019Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1700000 | USD |
CY2020Q3 | us-gaap |
Inventory Net
InventoryNet
|
20600000 | USD |
CY2019Q4 | us-gaap |
Inventory Net
InventoryNet
|
17300000 | USD |
CY2020Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
425300000 | USD |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
112300000 | USD |
CY2020Q3 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
3200000 | USD |
CY2019Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
3200000 | USD |
CY2020Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
428500000 | USD |
CY2019Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
115500000 | USD |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
7400000 | USD | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
5900000 | USD | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
6400000 | USD | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
5500000 | USD | |
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P10Y6M | |
CY2019Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P11Y2M12D | |
CY2019Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.058 | |
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.058 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
2100000 | USD |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
10600000 | USD |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
10900000 | USD |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
11200000 | USD |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
11600000 | USD |
CY2020Q3 | nbix |
Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
|
79700000 | USD |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
126100000 | USD |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
33400000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
92700000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
9700000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
83000000.0 | USD |
CY2020Q3 | nbix |
Non Cancelable Future Minimum Lease Payments For Operating Leases Not Yet Commenced
NonCancelableFutureMinimumLeasePaymentsForOperatingLeasesNotYetCommenced
|
28300000 | USD |
CY2020Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
517500000 | USD |
CY2019Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
517500000 | USD |
CY2020Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
5900000 | USD |
CY2019Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
6900000 | USD |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
98000000.0 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
95200000 | shares | |
CY2019Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
101800000 | USD |
CY2020Q3 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
425000000.0 | USD |
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
93300000 | shares |
CY2019Q4 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
408800000 | USD |
CY2020Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
86600000 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-57600000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
53800000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
59400000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
3000000.0 | USD | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93300000 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
91900000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93000000.0 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
91400000 | shares | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
96100000 | shares |
CY2020Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.62 | |
CY2019Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.59 | |
CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.56 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.64 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | ||
CY2020Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.62 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.61 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 |