Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.21.2
Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The composition of Revenue from services by payor for the three and six months ended June 30, 2021 and 2020 was as follows:
  Three months ended June 30, Six months ended June 30,
(In thousands) 2021 2020 2021 2020
Healthcare insurers $ 109,084  $ 84,082  $ 273,913  $ 183,232 
Government payers 57,611  15,886  131,269  42,784 
Client payers 225,936  141,090  488,845  180,191 
Patients 4,566  9,913  10,122  15,604 
Total $ 397,197  $ 250,971  $ 904,149  $ 421,811 
Schedule of Product Sales Allowances and Accruals
The following table presents an analysis of product sales allowances and accruals for the three and six months ended June 30, 2021:
(In thousands) Chargebacks, discounts, rebates and fees Governmental Returns Total
Balance at March 31, 2021 $ 1,693  $ 6,209  $ 3,487  $ 11,389 
  Provision related to current period sales 3,724  7,061  322  11,107 
  Credits or payments made (3,716) (5,684) (485) (9,885)
Balance at June 30, 2021 $ 1,701  $ 7,586  $ 3,324  $ 12,611 
Total gross Rayaldee sales
$ 16,122 
Provision for Rayaldee sales allowances and accruals as a percentage of gross Rayaldee sales
69%
(In thousands) Chargebacks, discounts, rebates and fees Governmental Returns Total
Balance at December 31, 2020 $ 2,332  $ 5,812  $ 3,593  $ 11,737 
  Provision related to current period sales 7,539  12,755  635  20,929 
  Credits or payments made (8,170) (10,981) (904) (20,055)
Balance at June 30, 2021 $ 1,701  $ 7,586  $ 3,324  $ 12,611 
Total gross Rayaldee sales
$ 31,767 
Provision for Rayaldee sales allowances and accruals as a percentage of gross Rayaldee sales
66%
Changes in Contractual Liabilities Balance Changes in the contractual liabilities balance during the six months ended June 30, 2021 are as follows:
(In thousands)
Balance at December 31, 2020 $ 16,378 
Balance at June 30, 2021 8,952 
Revenue recognized in the period from:
Amounts included in contracts liability at the beginning of the period 7,425