XML 54 R32.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Discontinued Operations (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Transfer of Assets and Liabilities Effected in Accordance with Separation Agreements | The transfer of assets and liabilities to Mural was effected through a contribution in accordance with the separation agreement, as summarized below:
(In thousands) |  | November 15, 2023 |
ASSETS |  |  |
Current Assets: |  |  |
Cash and cash equivalents |  | $ | 275,000 |
Total current assets |  |  | 275,000 |
Property, plant and equipment, net |  |  | 10,096 |
Right-of-use assets |  |  | 14,513 |
Goodwill |  |  | 7,800 |
Deferred tax asset |  |  | 1,799 |
Total assets |  | $ | 309,208 |
LIABILITIES |  |  |
Current Liabilities |  |  |
Operating lease liabilities—short-term |  | $ | 6,036 |
Total current liabilities |  |  | 6,036 |
Operating lease liabilities—long-term |  |  | 9,412 |
Total liabilities |  |  | 15,448 |
Net assets transferred to Mural |  | $ | 293,760 |
Summary of Discontinued Operations | The following table summarizes expenses of the discontinued operations for the years ended December 31, 2023, 2022 and 2021:
|  | Year Ended December 31, |
(In thousands) |  | 2023 |  |  | 2022 |  |  | 2021 |
Operating expenses from discontinued operations |  |  |  |  |  |  |  |  |
Cost of goods manufactured |  | $ | 39 |  |  | $ | 40 |  |  | $ | 64 |
Research and development |  |  | 116,177 |  |  |  | 121,140 |  |  |  | 115,602 |
Selling, general and administrative |  |  | 48,587 |  |  |  | 14,996 |  |  |  | 11,367 |
Total operating expenses from discontinued operations |  |  | 164,803 |  |  |  | 136,176 |  |  |  | 127,033 |
Operating loss from discontinued operations |  |  | (164,803 | ) |  |  | (136,176 | ) |  |  | (127,033 | )
Income tax benefit from discontinued operations |  |  | (1,403 | ) |  |  | (11,061 | ) |  |  | (2,463 | )
Net loss and comprehensive loss from discontinued operations |  | $ | (163,400 | ) |  | $ | (125,115 | ) |  | $ | (124,570 | )
The following table summarizes the assets and liabilities related to Mural that have been classified as assets and liabilities from discontinued operations in our accompanying consolidated balance sheet as of December 31, 2022:
(In thousands) |  | December 31, 2022 |
ASSETS |  |  |
Current Assets: |  |  |
Prepaid expenses and other current assets |  | $ | 2,324 |
Total current assets |  |  | 2,324 |
Right-of-use assets |  |  | 18,316 |
Property, plant and equipment, net |  |  | 10,617 |
Goodwill |  |  | 7,800 |
Deferred tax asset |  |  | 1,030 |
Assets from discontinued operations |  | $ | 40,087 |
LIABILITIES |  |  |
Current Liabilities: |  |  |
Operating lease liabilities—short-term |  | $ | 5,844 |
Total current liabilities |  |  | 5,844 |
Operating lease liability—long-term |  |  | 13,542 |
Liabilities related to discontinued operations |  | $ | 19,386 |
Summary of Significant Non-cash Items and Capital Expenditures of Discontinued Operations | The following table summarizes the significant non-cash items and capital expenditures of the discontinued operations that are included in the consolidated statements of cash flows for the years ended December 31, 2023, 2022 and 2021:
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
|  | (In thousands) |
OPERATING ACTIVITIES: |  |  |  |  |  |  |  |  |
Depreciation |  | $ | 2,319 |  |  | $ | 1,539 |  |  | $ | 1,474 |
Share-based compensation expense |  |  | 8,188 |  |  |  | 6,577 |  |  |  | 5,190 |
Right-of-use assets |  |  | 3,803 |  |  |  | 5,909 |  |  |  | 5,703 |
Operating lease liabilities |  |  | (3,938 | ) |  |  | (5,920 | ) |  |  | (4,758 | )
INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |
Additions of property, plant and equipment |  | $ | (1,798 | ) |  | $ | (5,510 | ) |  | $ | (4,385 | )

X
- Definition Schedule of the transfer of assets and liabilities was effected in accordance with the separation agreements. + References No definition available. + Details
Name: | alks_ScheduleOfTheTransferOfAssetsAndLiabilitiesWasEffectedInAccordanceWithTheSeparationAgreementsTableTextBlock
Namespace Prefix: | alks_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of the Significant Non-cash Items and Capital Expenditures of the Discontinued Operations + References No definition available. + Details
Name: | alks_SummaryOfTheSignificantNonCashItemsAndCapitalExpendituresOfTheDiscontinuedOperations
Namespace Prefix: | alks_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483475/205-20-45-11 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-3A Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-4A Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-4B Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5A Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5B Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5C -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5C Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5D -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5D Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-7 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-3A Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 20 -Topic 205 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-1 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-3 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration