v2.4.0.6
Segment Reporting
 3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting
The Company evaluates performance based on the operating profit (loss) of the respective business segments. The segment results may not represent actual results that would be expected if they were independent, stand-alone businesses. Segment information is as follows:

Balance Sheet Data:
As of March 31, 2013
 
Ligand
 
CyDex
 
Total
Total assets
$
29,793

 
$
68,570

 
$
98,363

 
 
 
 
 
 
 
As of December 31, 2012
 
Ligand
 
CyDex
 
Total
Total assets
$
28,731

 
$
75,529

 
$
104,260

 
 
 
 
 
 
Operating Data:
For the three months ended March 31, 2013
 
Ligand
 
CyDex
 
Total
Net revenues from external customers
$
6,237

 
$
5,414

 
$
11,651

Operating income
1,396

 
2,536

 
3,932

Depreciation and amortization expense
59

 
611

 
670

Income tax expense from continuing operations
(66
)
 
—

 
(66
)
Interest expense, net
912

 
—

 
912

 
 
 
 
 
 
 
For the three months ended March 31, 2012
 
Ligand
 
CyDex
 
Total
Net revenues from external customers
$
4,101

 
$
1,535

 
$
5,636

Operating (loss)
(388
)
 
(451
)
 
(839
)
Depreciation and amortization expense
72

 
606

 
678

Income tax benefit from continuing operations
35

 
—

 
35

Income tax expense from discontinuing operations
(177
)
 
—

 
(177
)
Interest expense, net
701

 
—

 
701