Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.19.2
Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 2019
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, 2019 and 2018 is as follows:
 
Three months ended June 30,
 
Six months ended June 30,
(In thousands)
2019
 
2018
 
2019
 
2018
Healthcare insurers
$
106,278

 
$
131,695

 
$
211,207

 
$
262,769

Government payers
28,634

 
38,860

 
59,037

 
75,103

Client payers
38,101

 
39,664

 
76,559

 
77,830

Patients
5,445

 
5,836

 
10,546

 
11,667

Total
$
178,458

 
$
216,055

 
$
357,349

 
$
427,369


Schedule of Product Sales Allowances and Accruals
The following table presents an analysis of product sales allowances and accruals as contract liabilities for the six months ended June 30, 2019:
(In thousands)
 
Chargebacks, discounts, rebates and fees
 
Governmental
 
Returns
 
Total
Balance at December 31, 2018
 
$
1,316

 
$
2,090

 
$
637

 
$
4,043

  Provision related to current period sales
 
4,716

 
9,791

 
1,380

 
15,887

  Adjustment related to prior period sales
 
(9
)
 
211

 
—

 
202

  Credits or payments made
 
(4,611
)
 
(8,264
)
 
(1,169
)
 
(14,044
)
Balance at June 30, 2019
 
$
1,412

 
$
3,828

 
$
848

 
$
6,088

 
 
 
 
 
 
 
 
 
Total gross Rayaldee sales
 
 
 
 
 
 
 
$
27,580

Provision for Rayaldee sales allowances and accruals as a percentage of gross Rayaldee sales
 
 
 
 
 
 
 
58
%