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Segment Reporting | 9 Months Ended
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Sep. 30, 2014
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting The Company evaluates performance based on the operating income (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 (in thousands):
Balance Sheet Data: | As of September 30, 2014
| Ligand |  | CyDex |  | Total
Total assets | $ | 203,296 |  |  | $ | 68,987 |  |  | $ | 272,283 |
| As of December 31, 2013
| Ligand |  | CyDex |  | Total
Total assets | $ | 38,408 |  |  | $ | 66,305 |  |  | $ | 104,713 |
Operating Data: | For the three months ended September 30, 2014
| Ligand |  | CyDex |  | Total
Net revenues from external customers | $ | 6,424 |  |  | $ | 8,549 |  |  | $ | 14,973 |
Depreciation and amortization expense | (61 | ) |  | (601 | ) |  | (662 | )
Operating (loss) income | (1,683 | ) |  | 5,215 |  |  | 3,532 |
Interest expense, net | (1,516 | ) |  | — |  |  | (1,516 | )
Income tax expense from continuing operations | (115 | ) |  | (9 | ) |  | (124 | )
| For the three months ended September 30, 2013
| Ligand |  | CyDex |  | Total
Net revenues from external customers | 4,731 |  |  | 8,274 |  |  | $ | 13,005 |
Depreciation and amortization expense | (62 | ) |  | (606 | ) |  | $ | (668 | )
Operating (loss) income | (1,142 | ) |  | 4,212 |  |  | $ | 3,070 |
Interest expense, net | (394 | ) |  | — |  |  | $ | (394 | )
Income tax (expense) benefit from continuing operations | (70 | ) |  | 10 |  |  | $ | (60 | )
Gain on sale of Avinza Product Line before income taxes | — |  |  | — |  |  | $ | — |
| For the nine months ended September 30, 2014
| Ligand |  | CyDex |  | Total
Net revenues from external customers | 18,907 |  |  | 22,632 |  |  | $ | 41,539 |
Depreciation and amortization expense | (194 | ) |  | (1,804 | ) |  | (1,998 | )
Operating (loss) income | (2,622 | ) |  | 12,611 |  |  | 9,989 |
Interest expense, net | (1,946 | ) |  | — |  |  | (1,946 | )
Income tax expense from continuing operations | (123 | ) |  | (8 | ) |  | (131 | )
| For the nine months ended September 30, 2013
| Ligand |  | CyDex |  | Total
Net revenues from external customers | $ | 14,789 |  |  | $ | 19,448 |  |  | $ | 34,237 |
Depreciation and amortization expense | (179 | ) |  | (1,828 | ) |  | (2,007 | )
Write-off of in-process research and development | — |  |  | 480 |  |  | 480 |
Operating income | (944 | ) |  | 9,462 |  |  | 8,518 |
Interest expense, net | (1,755 | ) |  | — |  |  | (1,755 | )
Income tax (expense) benefit from continuing operations | (301 | ) |  | 64 |  |  | (237 | )
Gain on sale of Avinza Product Line before income taxes | 2,588 |  |  | — |  |  | 2,588 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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