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CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) (USD $)
In Thousands, except Share data, unless otherwise specified
Total
Common Stock
Additional paid-in capital
Accumulated other comprehensive income (loss)
Accumulated deficit
Noncontrolling interest
Treasury stock
Balance at beginning of period at Dec. 31, 2011 $ 8,185us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $ 21us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 732,676us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ 0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
$ (682,232)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  $ (42,280)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
Balance at beginning of period (in shares) at Dec. 31, 2011   20,682,506us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
        (1,118,222)us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock under employee stock compensation plans, net 1,103us-gaap_StockIssuedDuringPeriodValueEmployeeStockPurchasePlan   1,103us-gaap_StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Issuance of common stock under employee stock compensation plans (in shares)   180,979us-gaap_StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Issuance of common stock, net 5,313us-gaap_StockIssuedDuringPeriodValueNewIssues   5,313us-gaap_StockIssuedDuringPeriodValueNewIssues
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Issuance of common stock, net (in shares)   302,750us-gaap_StockIssuedDuringPeriodSharesNewIssues
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Stock-based compensation 4,067us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue   4,067us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Shares released from restriction 8,344us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures   8,344us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Shares released from restriction (in shares)   112,371us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Net income (loss) (527)us-gaap_NetIncomeLoss       (527)us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Net loss in noncontrolling interests 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest            
Realized gain on sale of investments 0us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax            
Balance at end of period at Dec. 31, 2012 26,485us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 21us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
751,503us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
(682,759)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (42,280)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
Balance at end of period (in shares) at Dec. 31, 2012   21,278,606us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
        (1,118,222)us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock under employee stock compensation plans, net 3,128us-gaap_StockIssuedDuringPeriodValueEmployeeStockPurchasePlan 1us-gaap_StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
3,127us-gaap_StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Issuance of common stock under employee stock compensation plans (in shares)   308,137us-gaap_StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Stock-based compensation 5,666us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue   5,666us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Shares released from restriction 0us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures            
Retirement of treasury shares (in shares) (1,118,222)us-gaap_TreasuryStockSharesRetired (1,118,222)us-gaap_TreasuryStockSharesRetired
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
        1,118,222us-gaap_TreasuryStockSharesRetired
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
Retirement of treasury shares   (1)us-gaap_TreasuryStockRetiredCostMethodAmount
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
(42,279)us-gaap_TreasuryStockRetiredCostMethodAmount
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
      42,280us-gaap_TreasuryStockRetiredCostMethodAmount
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
Unrealized net loss on available-for-sale securities 2,914us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax     2,914us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
     
Net income (loss) 11,420us-gaap_NetIncomeLoss       11,420us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Net loss in noncontrolling interests 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest            
Realized gain on sale of investments 0us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax            
Balance at end of period at Dec. 31, 2013 49,613us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 21us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
718,017us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
2,914us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
(671,339)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
Balance at end of period (in shares) at Dec. 31, 2013   20,468,521us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
        0us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Consolidation of variable interest entity (778)us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss         (778)us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
 
Issuance of common stock under employee stock compensation plans, net 4,561us-gaap_StockIssuedDuringPeriodValueEmployeeStockPurchasePlan   4,561us-gaap_StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Issuance of common stock under employee stock compensation plans (in shares)   360,054us-gaap_StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Stock-based compensation 11,270us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue   11,270us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Shares released from restriction 0us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures            
Unrealized net loss on available-for-sale securities 3,872us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax     3,872us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
     
Repurchase of common stock (67,955)us-gaap_StockRepurchasedDuringPeriodValue (1)us-gaap_StockRepurchasedDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
(67,954)us-gaap_StockRepurchasedDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Repurchase of common stock (in shares) (1,253,425)us-gaap_StockRepurchasedDuringPeriodShares (1,253,425)us-gaap_StockRepurchasedDuringPeriodShares
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Sale of warrants 11,638us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued   11,638us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Purchase of convertible bond hedge (48,143)lgnd_AdjustmentsToAdditionalPaidInCapitalDerivativeHedgeOnConvertibleBond   (48,143)lgnd_AdjustmentsToAdditionalPaidInCapitalDerivativeHedgeOnConvertibleBond
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Equity component of convertible debt issuance, net of issuance costs 51,271us-gaap_AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt   51,271us-gaap_AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Net income (loss) 12,024us-gaap_NetIncomeLoss       12,024us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Net loss in noncontrolling interests (1,132)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest         (1,132)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
 
Realized gain on sale of investments (1,833)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax     (1,833)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
     
Balance at end of period at Dec. 31, 2014 $ 24,408us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $ 20us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 680,660us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ 4,953us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
$ (659,315)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ (1,910)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
$ 0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
Balance at end of period (in shares) at Dec. 31, 2014   19,575,150us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
        0us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember