XML 31 R28.htm IDEA: XBRL DOCUMENT v3.3.0.814
Discontinued Operations, Assets Held for Sale (Tables)
9 Months Ended
Sep. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
The following table presents a reconciliation of the carrying amounts of assets and liabilities of the commercial operations to assets held for sale, net in the balance sheets (in thousands):
 
September 30, 2015
 
December 31, 2014
Carrying amounts of assets included as part of discontinued operations:
Accounts receivable
$
1,238

 
$
1,535

Inventories
1,318

 
655

Prepaid expenses and other current assets
1,064

 
1,747

Equipment and furnishings, net
241

 
270

Abstral rights, net
13,738

 
14,533

Zuplenz rights
8,101

 
8,101

Goodwill
172

 
172

Impairment charge from classification as assets held for sale
(8,071
)
 

Total current assets held for sale
17,801

 
27,013

 
 
 
 
Carrying amounts of liabilities included as part of discontinued operations:
Accounts payable
$
1,359

 
$
385

Accrued expenses and other current liabilities
6,338

 
6,784

Total current liabilities held for sale
$
7,697

 
$
7,169


The following table represents the components attributable to the commercial operations that are presented in the consolidated statement of comprehensive loss as discontinued operations (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Net revenue
$
2,166

 
$
1,620

 
$
8,298

 
$
6,124

Cost of revenue
(712
)
 
(247
)
 
(1,573
)
 
(925
)
Amortization of certain acquired intangible assets
(208
)
 
(70
)
 
(795
)
 
(259
)
Research and development
(160
)
 
(219
)
 
(339
)
 
(619
)
Selling, general, and administrative
(4,672
)
 
(3,725
)
 
(13,577
)
 
(10,954
)
Non-operating income (expense)
(17
)
 

 
(17
)
 

Impairment charge from classification as assets held for sale
(8,071
)
 

 
(8,071
)
 

Loss from discontinued operations
$
(11,674
)
 
$
(2,641
)
 
$
(16,074
)
 
$
(6,633
)

The following table presents significant operating non-cash items and capital expenditures related to discontinued operations (in thousands):

 
September 30, 2015
 
September 30, 2014
Impairment of assets held for sale
$
8,071

 
$

Depreciation and amortization
$
858

 
$
319

Stock-based compensation
$
788

 
$
557

Purchases of property and equipment
$
(34
)
 
$

Cash paid for acquisition of Zuplenz rights
$
(500
)
 
$
(3,056
)