Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.19.3
Revenue Recognition (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2019 and 2018 is as follows:
 
Three months ended September 30,
 
Nine months ended September 30,
(In thousands)
2019
 
2018
 
2019
 
2018
Healthcare insurers
$
104,020

 
$
123,087

 
$
315,227

 
$
382,778

Government payers
28,206

 
37,710

 
87,243

 
115,881

Client payers
43,750

 
36,837

 
120,309

 
114,666

Patients
5,163

 
5,177

 
15,709

 
16,855

Total
$
181,139

 
$
202,811

 
$
538,488

 
$
630,180


Schedule of Product Sales Allowances and Accruals
The following table presents an analysis of product sales allowances and accruals as contract liabilities for the three and nine months ended September 30, 2019:
(In thousands)
 
Chargebacks, discounts, rebates and fees
 
Governmental
 
Returns
 
Total
Balance at June 30, 2019
 
$
1,412

 
$
3,828

 
$
848

 
$
6,088

  Provision related to current period sales
 
3,902

 
7,110

 
983

 
11,995

  Adjustment related to prior period sales
 
313

 
(3
)
 

 
310

  Credits or payments made
 
(3,335
)
 
(4,622
)
 
(277
)
 
(8,234
)
Balance at September 30, 2019
 
$
2,292

 
$
6,313

 
$
1,554

 
$
10,159

 
 
 
 
 
 
 
 
 
Total gross Rayaldee sales
 
 
 
 
 
 
 
$
19,661

Provision for Rayaldee sales allowances and accruals as a percentage of gross Rayaldee sales
 
 
 
 
 
 
 
63
%
(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
 
8,922

 
17,009

 
2,363

 
28,294

  Adjustment related to prior period sales
 

 
99

 

 
99

  Credits or payments made
 
(7,946
)
 
(12,885
)
 
(1,446
)
 
(22,277
)
Balance at September 30, 2019
 
$
2,292

 
$
6,313

 
$
1,554

 
$
10,159

 
 
 
 
 
 
 
 
 
Total gross Rayaldee sales
 
 
 
 
 
 
 
$
47,241

Provision for Rayaldee sales allowances and accruals as a percentage of gross Rayaldee sales
 
 
 
 
 
 
 
60
%