XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.23.2

Stockholders’ Equity (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of Allocated Employee Stock-Based Compensation Expense | We allocated the stock-based compensation expense for our equity incentive plans and our Employee Stock Purchase Plan (ESPP) as follows (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022 |  |
Research and development | $ | 9,589 |  |  | $ | 9,549 |  |  | $ | 12,841 |  |  | $ | 18,448 |  |  |
Selling, general and administrative | 15,311 |  |  | 15,073 |  |  | 28,720 |  |  | 25,933 |  |  |
Total stock-based compensation expense | $ | 24,900 |  |  | $ | 24,622 |  |  | $ | 41,561 |  |  | $ | 44,381 |  |  |
Stock-based compensation expense for each type of award under our equity incentive plans and ESPP were as follows (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Stock options | $ | 1,877 |  |  | $ | 3,493 |  |  | $ | 4,084 |  |  | $ | 7,171 |
Restricted stock units | 19,757 |  |  | 18,928 |  |  | 32,364 |  |  | 32,001 |
Performance stock units | 1,872 |  |  | 1,581 |  |  | 2,666 |  |  | 3,290 |
ESPP | 1,394 |  |  | 620 |  |  | 2,447 |  |  | 1,919 |
Total stock-based compensation expense | $ | 24,900 |  |  | $ | 24,622 |  |  | $ | 41,561 |  |  | $ | 44,381 |
Schedule Of Share-Based Payment Award, Equity Instruments Other Than Options, Valuation Assumptions | We used a Monte Carlo simulation model and the following assumptions to determine the grant date fair value of $26.05 per share for the 2023 TSR-based RSUs:
Fair value of Exelixis common stock on grant date | $ | 19.48 |
Expected volatility | 40.26 | %
Risk-free interest rate | 3.75 | %
Dividend yield | — | %

X
- Definition Schedule Of Share-Based Payment Award, Equity Instruments Other Than Options, Valuation Assumptions + References No definition available. + Details
Name: | exel_ScheduleOfShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | exel_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration