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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2019
Income Taxes |
Schedule of components of income tax benefit (provision) |
|  | Year Ended December 31,
|  | 2019 |  | 2018 |  | 2017
|  | (In thousands)
Income Tax Benefit (Provision): |  |  |  |  |  |  |  |  |
Federal |  | $ | 13,869 |  | $ | 22,255 |  | $ | 57,547
State |  |  | 2,170 |  |  | 6,406 |  |  | (2,479)
Foreign |  |  | — |  |  | 913 |  |  | 2,448
Expiration of NOLs and R&D Credit |  |  | (18,966) |  |  | — |  |  | —
Income Tax Rate Change |  |  | — |  |  | — |  |  | (99,528)
|  |  | (2,927) |  |  | 29,574 |  |  | (42,012)
Deferred Tax Valuation Allowance |  |  | 2,927 |  |  | (28,809) |  |  | 66,294
|  | $ | — |  | $ | 765 |  | $ | 24,282
Schedule of reconciliation between the amount of reported income tax and the amount computed using the U.S. Statutory rate |
|  | 2019 |  | 2018 |  | 2017
|  | (In thousands)
Pre-Tax Loss |  | $ | (50,878) |  | $ | (151,949) |  | $ | (117,313)
Loss at Statutory Rates |  |  | (10,684) |  |  | (31,909) |  |  | (39,887)
Difference in Foreign Tax Rates |  |  | — |  |  | — |  |  | 326
Research and Development Credits |  |  | (1,902) |  |  | (2,056) |  |  | (2,847)
State Taxes |  |  | (2,170) |  |  | (6,406) |  |  | (6,283)
Income Tax Rate Change |  |  | — |  |  | — |  |  | 99,528
Other |  |  | (1,011) |  |  | (1,175) |  |  | (321)
Change in Fair Value Remeasurement of Contingent Consideration |  |  | (272) |  |  | (6,220) |  |  | —
Intangible Impairment |  |  | — |  |  | 19,105 |  |  | —
Recognition of APIC NOLs |  |  | — |  |  | — |  |  | (5,729)
Impact of Pass-through Entities |  |  | — |  |  | (913) |  |  | (2,775)
Expiration of NOLs and R&D Credit |  |  | 18,966 |  |  | — |  |  | —
Change in Valuation Allowance |  |  | (2,927) |  |  | 28,809 |  |  | (66,294)
Income Tax (Benefit) Provision |  | $ | — |  | $ | (765) |  | $ | (24,282)
Schedule of principal components of the deferred tax assets and liabilities |
|  | December 31, |  | December 31,
|  | 2019 |  | 2018
|  | (In thousands)
Gross Deferred Tax Assets |  |  |  |  |  |
Net Operating Loss Carryforwards |  | $ | 172,745 |  | $ | 168,239
Foreign Net Operating Loss Carryforwards |  |  | — |  |  | 4,485
Tax Credit Carryforwards |  |  | 42,642 |  |  | 39,761
Deferred Research and Development Expenses |  |  | 70,042 |  |  | 76,555
Stock-based Compensation |  |  | 12,651 |  |  | 11,977
Fixed Assets |  |  | 1,759 |  |  | 1,761
Accrued Expenses and Other |  |  | 328 |  |  | 316
|  |  | 300,167 |  |  | 303,094
Gross Deferred Tax Liabilities |  |  |  |  |  |
IPR&D Intangibles |  |  | (12,748) |  |  | (12,748)
Total Deferred Tax Assets and Liabilities |  |  | 287,419 |  |  | 290,346
Valuation Allowance |  |  | (290,426) |  |  | (293,353)
Net Deferred Tax Liability |  | $ | (3,007) |  | $ | (3,007)

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