XML 60 R47.htm IDEA: XBRL DOCUMENT
v3.20.2

Fair value of financial instruments and marketable securities - Hierarchy (Details) - USD ($) $ in Thousands | Sep. 30, 2020 | Dec. 31, 2019
--- | --- | ---
Financial assets and liabilities measured at fair value on recurring basis |  |
Marketable securities | $ 707,049 | $ 398,535
Contingent consideration payable | 234,100 | 356,300
Recurring basis | Total |  |
Financial assets and liabilities measured at fair value on recurring basis |  |
Equity investment in ClearPoint | 7,045 | 6,194
Stock appreciation rights liability |  | 3,186
Deferred consideration payable | 2,400 | 40,000
Contingent consideration payable | 138,200 | 290,500
Contingent consideration payable- net sales milestones and royalties | 95,900 | 65,800
Recurring basis | Quoted prices in active markets for identical assets (level 1) |  |
Financial assets and liabilities measured at fair value on recurring basis |  |
Equity investment in ClearPoint | 7,045 | 6,194
Stock appreciation rights liability |  | 0
Deferred consideration payable |  | 0
Contingent consideration payable | 0 | 0
Contingent consideration payable- net sales milestones and royalties | 0 | 0
Recurring basis | Significant other observable inputs (level 2) |  |
Financial assets and liabilities measured at fair value on recurring basis |  |
Equity investment in ClearPoint | 0 | 0
Stock appreciation rights liability |  | 0
Deferred consideration payable |  | 40,000
Contingent consideration payable | 0 | 0
Contingent consideration payable- net sales milestones and royalties | 0 | 0
Recurring basis | Significant unobservable inputs (level 3) |  |
Financial assets and liabilities measured at fair value on recurring basis |  |
Equity investment in ClearPoint | 0 | 0
Stock appreciation rights liability |  | 3,186
Deferred consideration payable |  | 0
Contingent consideration payable | 138,200 | 290,500
Contingent consideration payable- net sales milestones and royalties | 95,900 | 65,800
Marketable securities | Recurring basis | Total |  |
Financial assets and liabilities measured at fair value on recurring basis |  |
Marketable securities | 707,049 | 398,535
Marketable securities | Recurring basis | Quoted prices in active markets for identical assets (level 1) |  |
Financial assets and liabilities measured at fair value on recurring basis |  |
Marketable securities | 0 | 0
Marketable securities | Recurring basis | Significant other observable inputs (level 2) |  |
Financial assets and liabilities measured at fair value on recurring basis |  |
Marketable securities | 707,049 | 398,535
Marketable securities | Recurring basis | Significant unobservable inputs (level 3) |  |
Financial assets and liabilities measured at fair value on recurring basis |  |
Marketable securities | 0 | $ 0
Deferred consideration payable | Recurring basis | Total |  |
Financial assets and liabilities measured at fair value on recurring basis |  |
Marketable securities | 10,633 |
Deferred consideration payable | Recurring basis | Quoted prices in active markets for identical assets (level 1) |  |
Financial assets and liabilities measured at fair value on recurring basis |  |
Marketable securities | 0 |
Deferred consideration payable | Recurring basis | Significant other observable inputs (level 2) |  |
Financial assets and liabilities measured at fair value on recurring basis |  |
Marketable securities | 10,633 |
Deferred consideration payable | Recurring basis | Significant unobservable inputs (level 3) |  |
Financial assets and liabilities measured at fair value on recurring basis |  |
Marketable securities | $ 0 |

X
- Definition Business Combination, Consideration, Liability, Deferred Consideration Payable + References No definition available. + Details
Name: | ptct_BusinessCombinationConsiderationLiabilityDeferredConsiderationPayable
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the amount of outstanding stock appreciation rights liability. + References No definition available. + Details
Name: | ptct_StockAppreciationRightsLiabilityOutstanding
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(6)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121553693&loc=d3e26610-111562 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (aa) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 + Details
Name: | us-gaap_AvailableForSaleSecuritiesDebtSecurities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of liability recognized arising from contingent consideration in a business combination, expected to be settled beyond one year or the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 25 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6911189&loc=d3e6408-128476 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 35 -Paragraph 1 -Subparagraph b -URI http://asc.fasb.org/extlink&oid=116859824&loc=d3e6819-128478 + Details
Name: | us-gaap_BusinessCombinationContingentConsiderationLiabilityNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=99377092&loc=SL75136599-209740 + Details
Name: | us-gaap_EquitySecuritiesFvNi
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_DebtSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_ConvertibleDebtSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |