2020 Q1 Form 10-Q Financial Statement

#000094480920000018 Filed on May 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $211.5M $222.5M
YoY Change -4.94% -12.73%
Cost Of Revenue $140.3M $144.1M
YoY Change -2.64% 3.34%
Gross Profit $71.20M $78.40M
YoY Change -9.18% -32.11%
Gross Profit Margin 33.67% 35.24%
Selling, General & Admin $76.13M $95.16M
YoY Change -19.99% 3.98%
% of Gross Profit 106.93% 121.38%
Research & Development $21.76M $36.53M
YoY Change -40.43% 11.07%
% of Gross Profit 30.56% 46.59%
Depreciation & Amortization $22.05M $23.82M
YoY Change -7.41% -3.8%
% of Gross Profit 30.97% 30.38%
Operating Expenses $252.2M $297.8M
YoY Change -15.29% 0.08%
Operating Profit -$40.76M -$75.32M
YoY Change -45.88% 76.76%
Interest Expense -$4.700M -$3.800M
YoY Change 23.68% 375.0%
% of Operating Profit
Other Income/Expense, Net -$17.07M -$2.807M
YoY Change 507.94% -364.56%
Pretax Income -$57.83M -$78.13M
YoY Change -25.98% 88.03%
Income Tax $1.171M $783.0K
% Of Pretax Income
Net Earnings -$59.13M -$80.76M
YoY Change -26.78% 87.32%
Net Earnings / Revenue -27.96% -36.31%
Basic Earnings Per Share -$0.09
Diluted Earnings Per Share -$0.09 -$137.8K
COMMON SHARES
Basic Shares Outstanding 669.8M shares 615.6M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $34.50M $207.3M
YoY Change -83.36% 107.51%
Cash & Equivalents $34.53M $207.3M
Short-Term Investments
Other Short-Term Assets $15.79M $4.511M
YoY Change 249.94% 3.23%
Inventory $58.70M $44.61M
Prepaid Expenses
Receivables $132.5M $144.4M
Other Receivables $14.20M $19.40M
Total Short-Term Assets $274.5M $435.2M
YoY Change -36.94% 24.59%
LONG-TERM ASSETS
Property, Plant & Equipment $127.3M $140.0M
YoY Change -9.05% -5.89%
Goodwill $710.0M $712.0M
YoY Change -0.28% -1.1%
Intangibles
YoY Change
Long-Term Investments $10.60M $31.40M
YoY Change -66.24% -13.5%
Other Assets $7.026M $3.126M
YoY Change 124.76% -44.45%
Total Long-Term Assets $1.958B $2.140B
YoY Change -8.5% -4.01%
TOTAL ASSETS
Total Short-Term Assets $274.5M $435.2M
Total Long-Term Assets $1.958B $2.140B
Total Assets $2.233B $2.575B
YoY Change -13.31% -0.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $55.87M $51.09M
YoY Change 9.36% -20.46%
Accrued Expenses $164.9M $217.5M
YoY Change -24.18% 0.18%
Deferred Revenue $10.46M $65.29M
YoY Change -83.99% 6.37%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $15.40M $115.4M
YoY Change -86.66% 187.78%
Total Short-Term Liabilities $245.1M $396.1M
YoY Change -38.12% 24.52%
LONG-TERM LIABILITIES
Long-Term Debt $3.538M $4.322M
YoY Change -18.14% 201.82%
Other Long-Term Liabilities $77.76M $78.17M
YoY Change -0.52% -66.54%
Total Long-Term Liabilities $438.8M $416.5M
YoY Change 5.36% -4.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $245.1M $396.1M
Total Long-Term Liabilities $438.8M $416.5M
Total Liabilities $683.9M $812.6M
YoY Change -15.83% 7.53%
SHAREHOLDERS EQUITY
Retained Earnings -$1.572B -$1.277B
YoY Change 23.07% 18.76%
Common Stock $6.704M $6.162M
YoY Change 8.8% 10.04%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.791M $1.791M
YoY Change 0.0% 0.0%
Treasury Stock Shares 549.9K shares 549.9K shares
Shareholders Equity $1.549B $1.763B
YoY Change
Total Liabilities & Shareholders Equity $2.233B $2.575B
YoY Change -13.31% -0.14%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$59.13M -$80.76M
YoY Change -26.78% 87.32%
Depreciation, Depletion And Amortization $22.05M $23.82M
YoY Change -7.41% -3.8%
Cash From Operating Activities -$43.37M -$48.99M
YoY Change -11.47% 37.92%
INVESTING ACTIVITIES
Capital Expenditures -$5.600M -$2.900M
YoY Change 93.1% -51.67%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$1.200M
YoY Change -100.0% -250.0%
Cash From Investing Activities -$5.619M -$4.132M
YoY Change 35.99% -19.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.611M $163.9M
YoY Change -100.98% 233.14%
NET CHANGE
Cash From Operating Activities -$43.37M -$48.99M
Cash From Investing Activities -$5.619M -$4.132M
Cash From Financing Activities -$1.611M $163.9M
Net Change In Cash -$50.92M $110.8M
YoY Change -145.97% 1211.9%
FREE CASH FLOW
Cash From Operating Activities -$43.37M -$48.99M
Capital Expenditures -$5.600M -$2.900M
Free Cash Flow -$37.77M -$46.09M
YoY Change -18.05% 56.12%

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CY2019Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
655000 USD
CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
613000 USD
CY2019Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-352000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
763000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
439000 USD
CY2020Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8831000 USD
CY2019Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2475000 USD
CY2020Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
729000 USD
CY2019Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
46000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-60000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
243000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-4865000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3713000 USD
CY2020Q1 opk Increase Decreasein Foreign Currency Measurement
IncreaseDecreaseinForeignCurrencyMeasurement
56000 USD
CY2019Q1 opk Increase Decreasein Foreign Currency Measurement
IncreaseDecreaseinForeignCurrencyMeasurement
-23000 USD
CY2020Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-9451000 USD
CY2019Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-18073000 USD
CY2020Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3848000 USD
CY2019Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
12250000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-43370000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-48988000 USD
CY2020Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
CY2019Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1200000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2020Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
5626000 USD
CY2019Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
2932000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5619000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4132000 USD
CY2020Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
CY2019Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
200293000 USD
CY2020Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2019Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
7762000 USD
CY2020Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 USD
CY2019Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
-3000 USD
CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
186398000 USD
CY2019Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
35460000 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
188009000 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
35313000 USD
CY2020Q1 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
CY2019Q1 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
28800000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1611000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
163875000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-322000 USD
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-50922000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
110777000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
85452000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
96473000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34530000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
207250000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
5012000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
511000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
799000 USD
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1022000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
33277000 USD
CY2020Q1 opk Operating Lease Liability Initial Recognition Upon Adoption
OperatingLeaseLiabilityInitialRecognitionUponAdoption
0 USD
CY2019Q1 opk Operating Lease Liability Initial Recognition Upon Adoption
OperatingLeaseLiabilityInitialRecognitionUponAdoption
33744000 USD
CY2020Q1 opk Common Stock Warrants Net Exercised
CommonStockWarrantsNetExercised
0 USD
CY2019Q1 opk Common Stock Warrants Net Exercised
CommonStockWarrantsNetExercised
20000 USD
CY2020Q1 opk Numberof Sales Employees
NumberofSalesEmployees
300 employee
CY2020Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Use of estimates</span><span style="font-family:inherit;font-size:10pt;">. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ significantly from these estimates.</span></div>
CY2020Q1 us-gaap Inventory Write Down
InventoryWriteDown
600000 USD
CY2019Q1 us-gaap Inventory Write Down
InventoryWriteDown
500000 USD
CY2020Q1 opk Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Goodwilland Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedGoodwillandIntangibleAssets
1800000000 USD
CY2020Q1 opk Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Goodwilland Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedGoodwillandIntangibleAssets
1800000000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
669600000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
671900000 USD
CY2020Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1100000000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14900000 USD
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16600000 USD
CY2020Q1 us-gaap Depreciation
Depreciation
7100000 USD
CY2019Q1 us-gaap Depreciation
Depreciation
7300000 USD
CY2020Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of credit risk and allowance for credit losses</span><span style="font-family:inherit;font-size:10pt;">. Financial instruments that potentially subject us to concentrations of credit risk consist primarily of accounts receivable. Substantially all of our accounts receivable are with either companies in the health care industry or patients. However, credit risk is limited due to the number of our clients as well as their dispersion across many different geographic regions.</span></div>While we have receivables due from federal and state governmental agencies, we do not believe that such receivables represent a credit risk since the related healthcare programs are funded by federal and state governments, and payment is primarily dependent upon submitting appropriate documentation.
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1700000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1900000 USD
CY2020Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
100000 USD
CY2019Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
200000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2500000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4500000 USD
CY2019Q1 opk Stock Issued During Period Shares Stock Optionsand Warrants Exercised Netof Shares Surrenderedin Lieuof Cash Payment
StockIssuedDuringPeriodSharesStockOptionsandWarrantsExercisedNetofSharesSurrenderedinLieuofCashPayment
19232 shares
CY2019Q1 opk Stock Issued During Period Shares Stock Optionsand Warrants Exercised
StockIssuedDuringPeriodSharesStockOptionsandWarrantsExercised
24877 shares
CY2020Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q1 opk Stock Issued During Period Shares Stock Optionsand Warrants Exercised
StockIssuedDuringPeriodSharesStockOptionsandWarrantsExercised
0 shares
CY2020Q1 opk Stock Issued During Period Shares Stock Optionsand Warrants Exercised Netof Shares Surrenderedin Lieuof Cash Payment
StockIssuedDuringPeriodSharesStockOptionsandWarrantsExercisedNetofSharesSurrenderedinLieuofCashPayment
0 shares
CY2019Q1 opk Stock Issued During Period Shares Stock Optionsand Warrants Exercised
StockIssuedDuringPeriodSharesStockOptionsandWarrantsExercised
24877 shares
CY2019Q1 opk Shares Surrendered In Lieu Of Cash Payment
SharesSurrenderedInLieuOfCashPayment
5645 shares
CY2020Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
134223000 USD
CY2019Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
136551000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1747000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1934000 USD
CY2020Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
132476000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
134617000 USD
CY2020Q1 us-gaap Other Inventory Supplies
OtherInventorySupplies
28010000 USD
CY2019Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
23005000 USD
CY2020Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
23729000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
25142000 USD
CY2020Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
4260000 USD
CY2019Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
3238000 USD
CY2020Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
4591000 USD
CY2019Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
4586000 USD
CY2020Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1893000 USD
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2537000 USD
CY2020Q1 us-gaap Inventory Net
InventoryNet
58697000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
53434000 USD
CY2020Q1 opk Taxes Recoverable Current
TaxesRecoverableCurrent
13577000 USD
CY2019Q4 opk Taxes Recoverable Current
TaxesRecoverableCurrent
19808000 USD
CY2020Q1 us-gaap Supplies
Supplies
12602000 USD
CY2019Q4 us-gaap Supplies
Supplies
8147000 USD
CY2020Q1 us-gaap Prepaid Insurance
PrepaidInsurance
6143000 USD
CY2019Q4 us-gaap Prepaid Insurance
PrepaidInsurance
3486000 USD
CY2020Q1 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
646000 USD
CY2019Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
3262000 USD
CY2020Q1 us-gaap Other Assets Current
OtherAssetsCurrent
15786000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
15839000 USD
CY2020Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
48754000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
50542000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
311710000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
298234000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
513511000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
528962000 USD
CY2020Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
10455000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
19196000 USD
CY2020Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
35325000 USD
CY2019Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
33671000 USD
CY2020Q1 opk Accrued Commitmentsand Contingencies Current
AccruedCommitmentsandContingenciesCurrent
37647000 USD
CY2019Q4 opk Accrued Commitmentsand Contingencies Current
AccruedCommitmentsandContingenciesCurrent
38635000 USD
CY2020Q1 opk Accrued Clinical Trials Current
AccruedClinicalTrialsCurrent
7540000 USD
CY2019Q4 opk Accrued Clinical Trials Current
AccruedClinicalTrialsCurrent
8122000 USD
CY2020Q1 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
2375000 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
2375000 USD
CY2020Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2598000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2743000 USD
CY2020Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
903000 USD
CY2019Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1333000 USD
CY2020Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
68096000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
58850000 USD
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
164939000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
164925000 USD
CY2020Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
39311000 USD
CY2019Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
44749000 USD
CY2020Q1 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
6448000 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
7308000 USD
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3538000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3906000 USD
CY2020Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
3489000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4046000 USD
CY2020Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1861000 USD
CY2020Q1 us-gaap Other Liabilities And Deferred Revenue Noncurrent
OtherLiabilitiesAndDeferredRevenueNoncurrent
23115000 USD
CY2019Q4 us-gaap Other Liabilities And Deferred Revenue Noncurrent
OtherLiabilitiesAndDeferredRevenueNoncurrent
25224000 USD
CY2020Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
77762000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
87804000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
671940000 USD
CY2020Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2358000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
669582000 USD
CY2020Q1 opk Equity Method Investment Excluding Variable Interest Entity
EquityMethodInvestmentExcludingVariableInterestEntity
711000 USD
CY2020Q1 us-gaap Equity Method Investment Underlying Equity In Net Assets
EquityMethodInvestmentUnderlyingEquityInNetAssets
1427000 USD
CY2020Q1 opk Equity Method Investment Variable Interest Entity
EquityMethodInvestmentVariableInterestEntity
875000 USD
CY2020Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
8990000 USD
CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
35000 USD
CY2020Q1 opk Stock Optionand Warrant Investments
StockOptionandWarrantInvestments
58000 USD
CY2020Q1 us-gaap Long Term Investments
LongTermInvestments
10669000 USD
CY2020Q1 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
68200000 USD
CY2020Q1 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
38000000.0 USD
CY2020Q1 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
-21900000 USD
CY2020Q1 us-gaap Equity Method Investment Quoted Market Value
EquityMethodInvestmentQuotedMarketValue
5400000 USD
CY2020Q1 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
-9880000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
0 USD
CY2020Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-9880000 USD
CY2020Q1 opk Debt Instruments Numberof Financial Institutions
DebtInstrumentsNumberofFinancialInstitutions
11 institution
CY2020Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
98656000 USD
CY2020Q1 us-gaap Line Of Credit
LineOfCredit
50187000 USD
CY2019Q4 us-gaap Line Of Credit
LineOfCredit
52077000 USD
CY2020Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
8990000 USD
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
58000 USD
CY2020Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
9529000 USD
CY2020Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
8823000 USD
CY2020Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
8823000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
18870000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
120000 USD
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
19123000 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
9683000 USD
CY2019Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
9683000 USD
CY2020Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
8800000 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
9700000 USD
CY2018Q4 opk Private Placement Agreement Sale Of Shares Shares
PrivatePlacementAgreementSaleOfSharesShares
26500000 shares
CY2018Q4 opk Private Placement Agreement Sale Of Shares Price Per Share
PrivatePlacementAgreementSaleOfSharesPricePerShare
3.49
CY2018Q4 opk Private Placement Agreement Sale Of Shares Amount
PrivatePlacementAgreementSaleOfSharesAmount
92500000 USD
CY2019Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
37000 USD
CY2020Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
8800000 USD
CY2020Q1 opk Number Of Class Action Lawsuits
NumberOfClassActionLawsuits
2 lawsuit
CY2018Q4 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
100000 USD
CY2020Q1 us-gaap Purchase Obligation
PurchaseObligation
101100000 USD
CY2020Q1 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
8900000 USD
CY2019Q1 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
8400000 USD
CY2020Q1 opk Accrued Expense Payor Overpayment Reimbursement Liability
AccruedExpensePayorOverpaymentReimbursementLiability
23500000 USD
CY2019Q4 opk Accrued Expense Payor Overpayment Reimbursement Liability
AccruedExpensePayorOverpaymentReimbursementLiability
27300000 USD
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
12300000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
21800000 USD
CY2017Q4 opk Proceeds From Development And License Agreement Upfront Payment
ProceedsFromDevelopmentAndLicenseAgreementUpfrontPayment
6000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
0 USD
CY2020Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-40762000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-75318000 USD
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22052000 USD
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23816000 USD
CY2020Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
-134000 USD
CY2019Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
-1854000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211466000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
222451000 USD
CY2020Q1 us-gaap Assets
Assets
2232542000 USD
CY2019Q4 us-gaap Assets
Assets
2309272000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
669582000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
671940000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
39793000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
39380000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
6087000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
6789000 USD
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11480000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12038000 USD
CY2020Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2598000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2743000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
28669000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
27665000 USD
CY2020Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
3489000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4046000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y7M6D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y7M6D
CY2020Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y4M24D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y7M6D
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2020Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.036
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.030
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
9601000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
2122000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7079000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2186000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6108000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1171000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5457000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
586000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
4297000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
242000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
17189000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
49731000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
6307000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
9582000 USD
CY2020Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
220000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
40149000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
6087000 USD
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
4600000 USD
CY2020Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
700000 USD
CY2020Q1 us-gaap Variable Lease Cost
VariableLeaseCost
800000 USD
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
5700000 USD
CY2019Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1700000 USD
CY2019Q1 us-gaap Variable Lease Cost
VariableLeaseCost
1700000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4698000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
5742000 USD
CY2020Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
45000 USD
CY2019Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
191000 USD
CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
493000 USD
CY2019Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
660000 USD
CY2020Q1 opk Payments For Leases
PaymentsForLeases
5236000 USD
CY2019Q1 opk Payments For Leases
PaymentsForLeases
6593000 USD

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