|
Income Taxes (Tables)
|
12 Months Ended |
|
Dec. 31, 2014
|
| Income Tax Disclosure [Abstract] |
|
| Schedule of Effective Income Tax Rate Reconciliation |
The reconciliation of income tax computed at the federal statutory tax rate to the benefit for income taxes from continuing operations is as follows (in thousands): | | | | | | | | | | | | | | Years ended December 31, | | 2014 | | 2013 | | 2012 | Tax at statutory rate | $ | (7,713 | ) | | $ | (38,821 | ) | | $ | (41,291 | ) | State taxes, net of federal benefit | (375 | ) | | (6,399 | ) | | (4,868 | ) | Change in valuation allowance | (640 | ) | | 216,586 |
| | 668 |
| Federal and state net operating losses, (addition) removal of limitations | (2,882 | ) | | (173,288 | ) | | 42,121 |
| Share-based compensation | 4,366 |
| | 2,761 |
| | 2,597 |
| Credits and other | (432 | ) | | (2,192 | ) | | 89 |
| Income tax benefit | $ | (7,676 | ) | | $ | (1,353 | ) | | $ | (684 | ) |
|
| Schedule of Components of Income Tax Expense (Benefit) |
Income tax benefit from continuing operations consists of the following (in thousands): | | | | | | | | | | | | | | Years ended December 31, | | 2014 | | 2013 | | 2012 | Current: | | | | | | Federal | $ | (7,713 | ) | | $ | (1,491 | ) | | $ | (629 | ) | State | (279 | ) | | (200 | ) | | 2 |
| Foreign | 69 |
| | (79 | ) | | 21 |
| Total current tax benefit provision | (7,923 | ) | | (1,770 | ) | | (606 | ) | Deferred: | | | | | | Federal | 203 |
| | 335 |
| | (71 | ) | State | 44 |
| | 82 |
| | (7 | ) | Total deferred tax provision (benefit) | 247 |
| | 417 |
| | (78 | ) | Income tax benefit | $ | (7,676 | ) | | $ | (1,353 | ) | | $ | (684 | ) |
|
| Schedule of Deferred Tax Assets and Liabilities |
A full valuation allowance has been recorded, as realization of such assets is uncertain (in thousands): | | | | | | | | | | As of December 31, | | 2014 | | 2013 | Deferred tax assets: | | | | Net operating loss carryforwards | $ | 189,140 |
| | $ | 195,634 |
| Capitalized research expenses and credits | 21,555 |
| | 21,874 |
| Depreciation | 3,169 |
| | 2,870 |
| Stock options | 8,745 |
| | 9,033 |
| Accruals and reserves | 4,400 |
| | 6,248 |
| Deferred revenue and other, net | 8,797 |
| | 815 |
| Total deferred tax assets | 235,806 |
| | 236,474 |
| Valuation allowance | (235,773 | ) | | (236,413 | ) | Deferred tax assets | 33 |
| | 61 |
| Deferred tax liabilities | (616 | ) | | (399 | ) | Net deferred tax liabilities | $ | (583 | ) | | $ | (338 | ) |
|
| Schedule of Unrecognized Tax Benefits Roll Forward |
Following is a tabular reconciliation of unrecognized tax benefit activity for the three years ended December 31, 2014 (excluding interest and penalties) (in thousands): | | | | | Beginning balance, January 1, 2012 | $ | 2,533 |
| Reduction due to tax provision that reversed in the current year | (2,533 | ) | Ending balance, December 31, 2012 | — |
| Additions based on tax positions related to the current year | 997 |
| Additions based on tax positions related to prior years | 4,522 |
| Ending balance, December 31, 2013 | 5,519 |
| Additions based on tax positions related to the current year | 1,748 |
| Additions based on tax positions related to prior years | (22 | ) | Ending balance, December 31, 2014 | $ | 7,245 |
|
|