2019 Q3 Form 10-Q Financial Statement
#000156459019039803 Filed on November 04, 2019
Income Statement
Concept | 2019 Q3 | 2018 Q4 | 2018 Q3 |
---|---|---|---|
Revenue | $222.1M | $131.5M | $151.8M |
YoY Change | 46.35% | 39.12% | 149.71% |
Cost Of Revenue | $2.200M | $1.500M | $1.600M |
YoY Change | 37.5% | 87.5% | 269.52% |
Gross Profit | $219.9M | $130.0M | $150.2M |
YoY Change | 46.4% | 38.59% | 148.92% |
Gross Profit Margin | 99.01% | 98.87% | 98.97% |
Selling, General & Admin | $84.50M | $69.00M | $60.40M |
YoY Change | 39.9% | 22.56% | 37.67% |
% of Gross Profit | 38.43% | 53.08% | 40.21% |
Research & Development | $45.30M | $39.10M | $35.48M |
YoY Change | 27.67% | 52.73% | 57.96% |
% of Gross Profit | 20.6% | 30.08% | 23.62% |
Depreciation & Amortization | $2.000M | $1.300M | $1.000M |
YoY Change | 100.0% | 85.71% | 66.67% |
% of Gross Profit | 0.91% | 1.0% | 0.67% |
Operating Expenses | $132.0M | $109.6M | $97.43M |
YoY Change | 35.48% | 32.58% | 45.93% |
Operating Profit | $90.10M | $20.38M | $54.32M |
YoY Change | 65.86% | 83.31% | -1006.14% |
Interest Expense | $8.000M | -$3.100M | $7.672M |
YoY Change | 4.28% | -39.22% | 4.57% |
% of Operating Profit | 8.88% | -15.21% | 14.12% |
Other Income/Expense, Net | -$31.70M | -$3.559M | |
YoY Change | 790.7% | -30.62% | |
Pretax Income | $58.40M | $18.80M | $50.76M |
YoY Change | 15.04% | 172.46% | -557.33% |
Income Tax | $4.600M | $700.0K | |
% Of Pretax Income | 7.88% | 3.72% | |
Net Earnings | $53.80M | $18.08M | $50.76M |
YoY Change | 5.98% | 162.23% | -556.31% |
Net Earnings / Revenue | 24.22% | 13.75% | 33.45% |
Basic Earnings Per Share | $0.59 | $0.20 | $0.56 |
Diluted Earnings Per Share | $0.56 | $0.19 | $0.52 |
COMMON SHARES | |||
Basic Shares Outstanding | 91.90M shares | 90.74M | 90.56M |
Diluted Shares Outstanding | 96.10M shares | 95.72M | 96.80M |
Balance Sheet
Concept | 2019 Q3 | 2018 Q4 | 2018 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $670.2M | $650.9M | $635.3M |
YoY Change | 5.49% | 26.16% | 24.32% |
Cash & Equivalents | $166.6M | $141.7M | $201.2M |
Short-Term Investments | $503.5M | $509.2M | $439.6M |
Other Short-Term Assets | $22.95M | $18.59M | $18.90M |
YoY Change | 21.45% | 171.88% | 155.16% |
Inventory | $10.80M | $10.86M | $6.100M |
Prepaid Expenses | |||
Receivables | $115.3M | $57.41M | $54.10M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $819.2M | $737.8M | $714.4M |
YoY Change | 14.67% | 32.95% | 30.25% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $40.30M | $33.87M | $28.62M |
YoY Change | 40.83% | 213.28% | 213.11% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $253.7M | $216.0M | $185.3M |
YoY Change | 36.91% | -12.69% | -11.89% |
Other Assets | $4.700M | $5.500M | $5.500M |
YoY Change | -14.55% | 22.22% | 19.57% |
Total Long-Term Assets | $360.7M | $255.4M | $219.3M |
YoY Change | 64.44% | -2.78% | -2.08% |
TOTAL ASSETS | |||
Total Short-Term Assets | $819.2M | $737.8M | $714.4M |
Total Long-Term Assets | $360.7M | $255.4M | $219.3M |
Total Assets | $1.180B | $993.2M | $933.7M |
YoY Change | 26.37% | 21.47% | 20.87% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $102.4M | $13.80M | $72.00M |
YoY Change | 42.22% | 144.35% | 93.03% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $383.6M |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $115.7M | $88.23M | $456.4M |
YoY Change | -74.66% | 62.12% | 1096.61% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $403.6M | $388.5M | $0.00 |
YoY Change | 5.11% | -100.0% | |
Other Long-Term Liabilities | $11.70M | $35.66M | $29.80M |
YoY Change | -60.75% | 26271.68% | |
Total Long-Term Liabilities | $11.70M | $35.66M | $29.80M |
YoY Change | -60.75% | 26271.68% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $115.7M | $88.23M | $456.4M |
Total Long-Term Liabilities | $11.70M | $35.66M | $29.80M |
Total Liabilities | $605.4M | $512.4M | $486.2M |
YoY Change | 24.51% | 15.03% | 14.41% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$1.167B | -$1.178B | -$1.196B |
YoY Change | -2.44% | -1.76% | -0.82% |
Common Stock | $1.740B | $1.660B | $1.645B |
YoY Change | 5.73% | 5.57% | 5.89% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $574.5M | $480.8M | $447.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.180B | $993.2M | $933.7M |
YoY Change | 26.37% | 21.47% | 20.87% |
Cashflow Statement
Concept | 2019 Q3 | 2018 Q4 | 2018 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $53.80M | $18.08M | $50.76M |
YoY Change | 5.98% | 162.23% | -556.31% |
Depreciation, Depletion And Amortization | $2.000M | $1.300M | $1.000M |
YoY Change | 100.0% | 85.71% | 66.67% |
Cash From Operating Activities | $97.80M | $50.50M | $68.90M |
YoY Change | 41.94% | 24.38% | -840.86% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$3.500M | -$6.000M | -$12.40M |
YoY Change | -71.77% | 160.87% | 342.86% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$82.10M | -$100.2M | -$32.80M |
YoY Change | 150.3% | 74.87% | 0.61% |
Cash From Investing Activities | -$85.60M | -$106.2M | -$45.10M |
YoY Change | 89.8% | 77.89% | 27.4% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 13.10M | 1.800M | 5.400M |
YoY Change | 142.59% | -67.86% | 80.0% |
NET CHANGE | |||
Cash From Operating Activities | 97.80M | 50.50M | 68.90M |
Cash From Investing Activities | -85.60M | -106.2M | -45.10M |
Cash From Financing Activities | 13.10M | 1.800M | 5.400M |
Net Change In Cash | 25.30M | -53.90M | 29.20M |
YoY Change | -13.36% | 299.26% | -170.02% |
FREE CASH FLOW | |||
Cash From Operating Activities | $97.80M | $50.50M | $68.90M |
Capital Expenditures | -$3.500M | -$6.000M | -$12.40M |
Free Cash Flow | $101.3M | $56.50M | $81.30M |
YoY Change | 24.6% | 31.7% | -1350.77% |
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|
0.03 | ||
CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.56 | |
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.52 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | ||
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
91859000 | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
90555000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
91440000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
90064000 | ||
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
96074000 | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
96798000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
95231000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
95272000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
3012000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
3033000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
53945000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
44800000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
5361000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2749000 | ||
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
14057000 | ||
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
13040000 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1036000 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
989000 | ||
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
1466000 | ||
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-1436000 | ||
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
792000 | ||
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-482000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
57912000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
23436000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-66000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3907000 | ||
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
2180000 | ||
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
2714000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
12344000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
15577000 | ||
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
14641000 | ||
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-175000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
49501000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
50910000 | ||
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
467090000 | ||
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
329289000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
488823000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
211402000 | ||
us-gaap |
Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
|
54720000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
11936000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
18802000 | ||
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
8000 | ||
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
30000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-44915000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-136659000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
20029000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
27748000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
20029000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
27748000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
24615000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-58001000 | ||
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
147191000 | |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
259212000 | |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
171806000 | |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
201211000 | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
5822000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
5822000 | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
507000 | ||
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
55000 | ||
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1802000 | ||
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
372138000 | |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-41818000 | |
CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-1847000 | |
CY2018Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
19879000 | |
CY2018Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
16135000 | |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
364487000 | |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5913000 | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
888000 | |
CY2018Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11851000 | |
CY2018Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
6123000 | |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
377436000 | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
50764000 | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
753000 | |
CY2018Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
13070000 | |
CY2018Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
5490000 | |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
447513000 | |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
480765000 | |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-102115000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
1699000 | |
CY2019Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
15764000 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2581000 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
2538000 | |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
409275000 | |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
51338000 | |
CY2019Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
878000 | |
CY2019Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
17931000 | |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4284000 | |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
483706000 | |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
53789000 | |
CY2019Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
961000 | |
CY2019Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
20250000 | |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
13164000 | |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
2645000 | |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
574515000 | |
CY2018Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
331622000 | |
CY2018Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
792000 | |
CY2019Q3 | us-gaap |
Investments
Investments
|
757233000 | |
CY2018Q4 | us-gaap |
Investments
Investments
|
725227000 | |
CY2018Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
245745000 | |
CY2018Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
1376000 | |
CY2018Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
577367000 | |
CY2018Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
2168000 | |
CY2019Q3 | us-gaap |
Investments
Investments
|
757233000 | |
CY2018Q4 | us-gaap |
Investments
Investments
|
725227000 | |
CY2019Q3 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
142545000 | |
CY2019Q3 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
71000 | |
CY2019Q3 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
42451000 | |
CY2019Q3 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
11000 | |
CY2019Q3 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
184996000 | |
CY2019Q3 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
82000 | |
CY2019Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
6461000 | |
CY2018Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
7855000 | |
CY2019Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
2249000 | |
CY2018Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
2208000 | |
CY2019Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2088000 | |
CY2018Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
801000 | |
CY2019Q3 | us-gaap |
Inventory Net
InventoryNet
|
10798000 | |
CY2018Q4 | us-gaap |
Inventory Net
InventoryNet
|
10864000 | |
CY2019Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
166637000 | |
CY2018Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
141714000 | |
CY2019Q3 | us-gaap |
Other Restricted Assets Current
OtherRestrictedAssetsCurrent
|
463000 | |
CY2019Q3 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
4706000 | |
CY2018Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
5477000 | |
CY2019Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
171806000 | |
CY2018Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
147191000 | |
CY2007Q4 | us-gaap |
Sale Leaseback Transaction Gross Proceeds Investing Activities
SaleLeasebackTransactionGrossProceedsInvestingActivities
|
109000000.0 | |
CY2007Q4 | us-gaap |
Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
|
47700000 | |
CY2007Q4 | us-gaap |
Sale Leaseback Transaction Net Proceeds Financing Activities
SaleLeasebackTransactionNetProceedsFinancingActivities
|
61000000.0 | |
CY2008Q4 | us-gaap |
Sale Leaseback Transaction Deferred Gain Net
SaleLeasebackTransactionDeferredGainNet
|
39100000 | |
CY2018Q4 | us-gaap |
Sale Leaseback Transaction Deferred Gain Net
SaleLeasebackTransactionDeferredGainNet
|
8000000.0 | |
CY2007Q4 | nbix |
Number Of Buildings Leased
NumberOfBuildingsLeased
|
2 | |
CY2007Q4 | nbix |
Sale Leaseback Transaction Lease Period
SaleLeasebackTransactionLeasePeriod
|
P12Y | |
CY2007Q4 | nbix |
Number Of Vacated Buildings
NumberOfVacatedBuildings
|
1 | |
CY2019Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
82600000 | |
CY2019Q3 | nbix |
Non Cancelable Future Minimum Lease Payments For Operating Leases Not Yet Commenced
NonCancelableFutureMinimumLeasePaymentsForOperatingLeasesNotYetCommenced
|
47400000 | |
nbix |
Number Of Buildings Leased
NumberOfBuildingsLeased
|
1 | ||
CY2019Q3 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P12Y | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
|
The 2019 amendment includes two options to extend the term of the lease for a period of 10 years each. We were not reasonably certain to exercise either of these options at lease commencement. | |
CY2019Q3 | nbix |
Number Of Renewal Options
NumberOfRenewalOptions
|
2 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P10Y | |
CY2019Q3 | us-gaap |
Deposits
Deposits
|
700000 | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
5900000 | ||
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
5500000 | ||
CY2019Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P11Y5M4D | |
CY2019Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
62000000.0 | |
CY2019Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0584 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
2142000 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
8431000 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
9026000 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
9302000 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
9586000 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
77068000 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
115555000 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
32914000 | |
CY2019Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
82641000 | |
CY2019Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
8159000 | |
CY2019Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
74482000 | |
CY2019Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
517500000 | |
CY2018Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
517500000 | |
CY2019Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
7290000 | |
CY2018Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
8326000 | |
CY2019Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
106621000 | |
CY2018Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
120678000 | |
CY2019Q3 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
403589000 | |
CY2018Q4 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
388496000 | |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
53789000 | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
50764000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
3012000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
3033000 | ||
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
91859000 | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
90555000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
91440000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
90064000 | ||
CY2019Q3 | nbix |
Incremental Common Shares Attributable To Dilutive Effect Of Conversion Of Debt Securities
IncrementalCommonSharesAttributableToDilutiveEffectOfConversionOfDebtSecurities
|
1277000 | |
CY2018Q3 | nbix |
Incremental Common Shares Attributable To Dilutive Effect Of Conversion Of Debt Securities
IncrementalCommonSharesAttributableToDilutiveEffectOfConversionOfDebtSecurities
|
2255000 | |
nbix |
Incremental Common Shares Attributable To Dilutive Effect Of Conversion Of Debt Securities
IncrementalCommonSharesAttributableToDilutiveEffectOfConversionOfDebtSecurities
|
805000 | ||
nbix |
Incremental Common Shares Attributable To Dilutive Effect Of Conversion Of Debt Securities
IncrementalCommonSharesAttributableToDilutiveEffectOfConversionOfDebtSecurities
|
1326000 | ||
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
96074000 | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
96798000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
95231000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
95272000 | ||
CY2019Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.59 | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.56 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | ||
CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.56 | |
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.52 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 |