Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2019
Summary of Significant Accounting Policies  
Schedule of maturities of operating lease liabilities

The maturities of operating lease liabilities are as follows (in thousands):

​

​

​

​

​

​

     

Operating leases

     

​

​

​

​

2019

 

$

2,037

 

2020

​

 

4,110

​

2021

​

 

4,153

​

2022

​

 

4,158

​

2023

​

 

3,918

​

after 2023

​

 

16,302

​

Total lease payments

​

​

34,678

​

Less: Imputed interest

​

​

(8,674)

​

Present value of lease liability

​

$

26,004

​

​

The Company has operating leases in relation to property for office and research facilities. The maximum lease term without activation of termination options is to 2041.

​

Schedule of amounts reclassified out of other comprehensive income

The following amounts were reclassified out of other comprehensive income during the three and six months ended June 30, 2019 and 2018 (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Amount reclassified

​

​

​

Amount reclassified

​

​

Three months ended

​

Three months ended

​

​

​

​

Six months ended

​

Six months ended

​

​

June 30, 

​

June 30, 

​

​

​

​

June 30, 

​

June 30, 

Component of accumulated other comprehensive income

​

2019

​

2018

​

​

 

​

2019

​

2018

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Unrealized gains (losses) on available-for-sale securities

 

​

 

​

​

 

​

​

​

​

​

 

​

​

 

Reclassification adjustment for (gains) losses on available-for-sale debt securities

 

$

(13)

​

$

1,310

​

​

​

​

$

(13)

​

$

2,473