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supn:item iso4217:USD xbrli:shares false --12-31 FY 2016 2016-12-31 10-K 0001356576 50162496 Yes Large Accelerated Filer 966994822 SUPERNUS PHARMACEUTICALS INC No No 3677000 4350000 113000 1035000 26794000 26800000 41943000 -900000 22336000 3800000 5600000 24318000 51092000 14887000 27089000 4162000 2219908 500000 24000 188.7059 221.7294 10 5 5 P35D P20D P1D P50D 0.95 P5D 5 1000 1000 1000 1000 1000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Deferred Financing Costs</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred financing costs consist of financing costs incurred by the Company in connection with the closing of the Company's 7.50% Convertible Senior Secured Notes and Secured Notes Payable offering (see Note&nbsp;8). The Company amortizes deferred financing costs over the term of the related debt using the effective interest method. When extinguishing debt, the related deferred financing costs are written off.</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Deferred Legal Fees</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Legal fees have been incurred in connection with legal proceedings related to the defense of patents for Oxtellar XR and Trokendi XR (see Notes&nbsp;6 and&nbsp;17). Amortization of the deferred legal fees will begin upon successful outcome of the on-going litigation. Deferred legal fees will be charged to expense in the event of an unsuccessful outcome of the on-going litigation.</font> </p><div /></div> </div> 176000 209000 1390000 1501000 11526000 11223000 187000 128000 509000 141000 13899000 P18Y 0.03 1.00 0.50 0.60 1.00 0.02 652000 0.0900 652000 9270000 0 0 0 2338000 671000 -2494000 -1182000 7461000 18333000 15149000 -204000 149000 144000 -7882000 -589000 -448000 804507 71537 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">6. Deferred Legal Fees and Intangible Assets</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred legal fees have been incurred in connection with patent litigation for Oxtellar XR and Trokendi XR. As of December&nbsp;31, 2016 and 2015, the Company had deferred legal fees of $19.9&nbsp;million and $22.5&nbsp;million, respectively.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The following sets forth the gross carrying amount and related accumulated amortization of these intangible assets, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Weighted-Average<br />Life</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Capitalized patent defense costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">9.5&nbsp;-&nbsp;11&nbsp;years</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,773 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>994 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Less accumulated amortization</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,283 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(18 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:center;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>16,490 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>976 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:center;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:center;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company prevailed in a lawsuit related to Oxtellar XR in 2016, at which time the Company reduced deferred legal fees, by $16.6&nbsp;million, and transferred these amounts to intangible assets. The Company subsequently began amortizing the costs associated with that litigation.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The net book value of intangible assets was $16.5&nbsp;million as of December&nbsp;31, 2016 and was $1.0&nbsp;million as of December&nbsp;31, 2015. The increase in intangible assets reflects the successful outcome of the lawsuit related to Oxtellar XR in February 2016. There is an offsetting reduction in the amount carried as deferred legal fees, as described above.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Amortization expense on intangible assets was approximately $1.3&nbsp;million, $0.2&nbsp;million, and $0.2&nbsp;million for the years ended December&nbsp;31, 2016, 2015 and 2014, respectively. Amortization expense in 2015 and 2014 included amortization expense associated with purchased patents that were fully amortized as of December&nbsp;31, 2015 and are therefore not included in the above table.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">There were no indicators of impairment identified at December&nbsp;31, 2016 or December&nbsp;31, 2015.</font> </p><div /></div> </div> 658000 3541000 4548000 20300000 7100000 48100000 2228000 9789000 5122000 497000 3101000 30031000 27289000 2 1 2100000 200000 0 500000 454000 P5Y 87300000 30500000 1600000 449250 239432 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Preclinical Study and Clinical Trial Accruals</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company estimates preclinical study and clinical trial expenses based on the services performed pursuant to contracts with research institutions, investigators, and clinical research organizations (CROs) that conduct these activities on our behalf. In recording service fees, the Company estimates the time period over which the related services will be performed and compares the level of effort expended through the end of each period to the cumulative expenses recorded and payments made for such services. As appropriate, it accrues additional service fees or defers any non-refundable advance payments until the related services are performed. If the actual timing of the performance of services or the level of effort varies from the estimate, the Company will adjust its accrual or deferred advance payment accordingly. If the Company later determines that it no longer expects the services associated with a nonrefundable advance payment to be rendered, the advance payment will be charged to expense in the period that such determination is made.</font> </p><div /></div> </div> 47600000 46600000 30000000 16600000 633000 30000000 3038000 4686000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Revenue from Product Sales</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Revenue from product sales is recognized when persuasive evidence of an arrangement exists; delivery has occurred and title to the product and associated risk of loss has passed to the customer; the price is fixed or determinable; collection from the customer has been reasonably assured; all performance obligations have been met; and returns and allowances can be reasonably estimated. Product sales are recorded net of estimated rebates, chargebacks, allowances, discounts, co-pay assistance and other deductions as well as estimated product returns (collectively, "sales deductions").</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Our products are distributed through wholesalers and pharmaceutical distributors. Each of these wholesalers and distributors will take title and ownership to the product upon physical receipt of the product and then distribute our products to pharmacies.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">During the year ended December&nbsp;31, 2015, the Company recorded a $2.9&nbsp;million reduction to net revenue related to a change in estimate associated with its accrued sales deductions of $26.8&nbsp;million at December&nbsp;31, 2015. The change in estimate reflects returns experience associated with our initial launch shipments, which have now passed their expiry dating.</font> </p><div /></div> </div> P12M P6M <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">Property and equipment consist of the following, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Computer equipment</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,206 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,112 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Software</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,807 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>307 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Lab equipment and furniture</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,758 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,667 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Leasehold improvements</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,642 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,642 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Construction in progress</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,114 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,441 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,842 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Less accumulated depreciation and amortization</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(8,097 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,968 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,344 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,874 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> 4 0.05 0.05 0.05 2897066 5693062 771655 17627 205640 85694 14887000 14884000 3000 27089000 27083000 6000 4162000 4161000 1000 54000 54000 937000 937000 557000 557000 7100000 0.98 -535000 -21000 -160000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">7. Accrued Expenses</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued expenses are comprised of the following, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued compensation</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,145&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,519&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued professional fees</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,919&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,057&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued clinical trial and clinical supply costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,350&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,677&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued product costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,035&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>113&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued sales and marketing expenses</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>528&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>434&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued interest expense</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>61&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>295&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Other accrued expenses</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,396&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,058&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>27,434&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,153&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> 4314000 8055000 25908000 41527000 25153000 27434000 434000 528000 10057000 5919000 6968000 8097000 -488000 -134000 P11Y P9Y6M P11Y P9Y6M 263955000 276127000 34000 34000 2857000 2857000 4090000 4090000 5926000 5926000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Advertising Expense</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The costs of the Company's advertising efforts are expensed as incurred. The Company incurred approximately $21.9&nbsp;million, $19.3&nbsp;million, and $14.8&nbsp;million in advertising costs for the years ended December&nbsp;31, 2016, 2015, and 2014, respectively, which are recorded in the selling, general and administrative expense line of the Statement of Operations.</font> </p><div /></div> </div> 14800000 19300000 21900000 2857000 728000 2129000 4090000 874000 3216000 5926000 1107000 4819000 42000 0 5151000 2090000 748000 520000 278000 200000 200000 1300000 306776 7995340 20499 20957 0 0 0 188626000 309568000 105946000 151404000 117462000 34152000 83310000 165806000 67054000 98752000 83701000 99133000 5000 86000 493000 440000 84189000 99487000 23723000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Basis of Presentation</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company's consolidated financial statements include the accounts of Supernus Pharmaceuticals,&nbsp;Inc. and Supernus Europe&nbsp;Ltd., collectively referred to herein as "Supernus" or "the Company." All significant intercompany transactions and balances have been eliminated in consolidation. The Company's consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the U.S. (U.S.&nbsp;GAAP).</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company, which is primarily located in the U.S., operates in one operating segment.</font> </p><div /></div> </div> 32980000 36396000 33498000 66398000 33498000 33498000 66398000 66398000 3416000 -2898000 32900000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Cash and Cash Equivalents</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company considers all investments in highly liquid financial instruments with an original maturity of three months or less to be cash equivalents.</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">15. Collaboration Agreements</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">Royalty Revenue</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">In the third quarter of 2014, the Company received a $30.0&nbsp;million payment pursuant to a Royalty Interest Acquisition Agreement related to the purchase by Healthcare Royalty Partners III,&nbsp;L.P. (HC Royalty), of certain of the Company's rights under the agreement with United Therapeutics Corporation related to the commercialization of Orenitram (treprostinil) Extended-Release Tablets. We will retain full ownership of the royalty rights if and when a certain threshold is reached per the terms of the Agreement. We have recorded a non-recourse liability related to this transaction and have begun to amortize this amount to recognize non-cash royalty revenue as royalties are received by HC Royalty from United Therapeutics. We also recognized non-cash interest expense related to this liability that accrues at an effective interest rate, which is determined based on projections of HC Royalty's rate of return. We recognized royalty revenue of $4.7&nbsp;million and $3.0&nbsp;million for the years ended December&nbsp;31, 2016 and 2015, respectively. We recognized non-cash interest expense of $4.5&nbsp;million and $3.5&nbsp;million for the years ended December&nbsp;31, 2016 and 2015, respectively.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company has a license agreement with United Therapeutics Corporation to use one of its proprietary technologies for an oral formulation of Remodulin for the treatment of pulmonary arterial hypertension and potentially for additional indications. The revenue generated in the year ended December&nbsp;31, 2014 was $2.0&nbsp;million for a milestone payment.</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">13. Commitments and Contingencies</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company has concurrent leases for office and lab space that extend through April 2020. The Company may elect to extend the term of the leases for an additional five-year term. The leases provide for a tenant improvement allowance of approximately $2.1&nbsp;million in aggregate. During the year ended December&nbsp;31, 2016, none of the allowance was utilized. During the year ended December&nbsp;31, 2015, approximately $0.2&nbsp;million of the allowance was utilized and is included in fixed assets and deferred rent. As of December&nbsp;31, 2016, $0.5&nbsp;million is available for tenant improvements. Rent expense for the leased facilities and leased vehicles for the years ended December&nbsp;31, 2016, 2015 and 2014 was approximately, $2.7&nbsp;million, $2.6&nbsp;million and $2.3&nbsp;million, respectively.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Future minimum lease payments under non-cancelable operating leases as of December&nbsp;31, 2016 are as follows, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Year ending December&nbsp;31:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">2017</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,321&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">2018</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,314&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">2019</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,341&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Thereafter</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>454&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,430&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company has obtained exclusive licenses from third parties for proprietary rights to support the product candidates in the Company's psychiatry portfolio. Under license agreements with Afecta Pharmaceuticals,&nbsp;Inc. (Afecta), the Company has an exclusive option to evaluate Afecta's CNS pipeline and to obtain exclusive worldwide rights to selected product candidates, including an exclusive license to SPN-810. The Company does not owe any future milestone payments for SPN-810. The Company is obligated to pay royalties to Afecta based on worldwide net product sales in the low-single digits.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company has also entered into a purchase and sale agreement with Rune HealthCare Limited (Rune), where the Company obtained the exclusive worldwide rights to a product concept from Rune. There are no future milestone payments due to Rune under this agreement. If the Company receives approval to market and sell any products based on the Rune product concept for SPN-809, the Company is obligated to pay royalties to Rune based on net sales worldwide in the low single digits.</font> </p><div /></div> </div> 0.001 0.001 130000000 130000000 49004674 49971267 49004674 49971267 49000 50000 -11079000 13610000 91575000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Concentration of Credit Risk</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash, cash equivalents, accounts receivable and marketable securities. The counterparties are various corporations and financial institutions of high credit standing.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Substantially all of the Company's cash and cash equivalents are maintained with well known, U.S. government agencies, and corporations. Deposits held with banks may exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and, therefore, management believes they bear minimal risk.</font> </p><div /></div> </div> 0.96 0.97 0.29 0.30 0.37 0.43 0.26 0.28 21800000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">The table below summarizes activity related to the Notes from issuance on May&nbsp;3, 2013 through December&nbsp;31, 2016, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Gross proceeds</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>90,000 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Initial value of interest make-whole derivative reported as debt discount</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(9,270 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Conversion option reported as debt discount and APIC</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(22,336 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Conversion of debt to equity&#x2014;principal</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(81,463 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Conversion of debt to equity&#x2014;accretion of debt discount and deferred financing costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,003 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accretion of debt discount and deferred financing costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,151 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">December&nbsp;31, 2015 carrying value</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,085 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:9pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Conversion of debt to equity&#x2014;principal</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,962 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Conversion of debt to equity&#x2014;accretion of debt discount and deferred financing costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>764 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accretion of debt discount and deferred financing costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>278 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">December&nbsp;31, 2016 carrying value</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,165 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> 7085000 7085000 4165000 4165000 3600000 5758000 8423000 11986000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Cost of Product Sales</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The cost of product sales consist primarily of materials, third-party manufacturing costs, freight and distribution costs, allocation of labor, quality control and assurance, and other manufacturing overhead costs.</font> </p><div /></div> </div> 97956000 24704000 126621000 31834000 34277000 35806000 37757000 160787000 39981000 36971000 46078000 630000 624000 544000 42000 78000 16120128 5200000 700000 200000 81463000 85400000 27500000 3962000 1000000 7.42 5.30 P30D P30D P30D 1.40 20 20 20 90000000 4600000 0.075 0.075 1.00 1.00 25003000 764000 22503000 19860000 -39898000 -41787000 -1576000 543000 1086000 41729000 41729000 619000 56192000 34610000 24926000 498000 878000 290000 706000 1108000 1581000 5529000 7119000 5886000 8128000 532000 417000 60090000 110000 423000 263000 263000 263000 275000 275000 275000 1100000 1400000 1600000 0.90 700000 700000 1100000 928000 921000 2399000 854000 854000 854000 114000 114000 114000 484000 -416000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">10. Share-Based Payments</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-style:italic;">Stock Option Plans</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company has adopted the Supernus Pharmaceuticals,&nbsp;Inc. 2012 Equity Incentive Plan (the 2012 Plan), which is stockholder approved, and provides for the grant of stock options and certain other awards, including stock appreciation rights (SAR), restricted and unrestricted stock, stock units, performance awards, cash awards and other awards that are convertible into or otherwise based on the Company's common stock, to the Company's key employees, directors, and consultants and advisors. The 2012 Plan is administered by the Company's Board of Directors and provides for the issuance of up to 8,000,000 shares of the Company's Common Stock. Option awards are granted with an exercise price equal to the estimated fair value of the Company's Common Stock at the grant date; those option awards generally vest in four annual installments, starting on the first anniversary of the date of grant and have ten-year contractual terms. Option awards granted to the directors generally vest over a one year term. Share-based compensation recognized related to the grant of employee and non-employee stock options, SAR, Employee Stock Purchase Plan (ESPP) awards and non-vested stock was as follows, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Research and development</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,107&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>874&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>728&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Selling, general and administrative</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,819&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,216&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,129&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,926&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,090&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,857&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The fair value of each option award is estimated on the date of grant using the Black-Scholes option-pricing model and the assumptions in the following table:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="5" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December&nbsp;31,</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Fair value of common stock</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$12.98 - $22.80</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$9.13 - $21.21</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$7.63 - $10.02</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Expected volatility</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">60.9% - 64.5%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">60.9% - 64.6%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">64.5% - 68.3%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Dividend Yield</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">0%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">0%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">0%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Expected term</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">6.25&nbsp;years</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">6.25&nbsp;years</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">6.25&nbsp;years</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Risk-free interest rate</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">1.14% - 2.15%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">1.54% - 1.74%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">1.67% - 1.97%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Expected forfeiture rate</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">5%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">5%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">5%</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">Fair Value of Common Stock</font><font style="display:inline;font-family:Times;">&#x2014;For option grants that occurred after the Company's IPO on May&nbsp;1, 2012, the fair value of the Common Stock underlying the option grants was determined based on observable market prices of the Company's Common Stock.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">Expected Volatility</font><font style="display:inline;font-family:Times;">&#x2014;Volatility is a measure of the amount by which a financial variable such as a share price has fluctuated (historical volatility) or is expected to fluctuate (expected volatility) during a period. The Company has identified several public entities of similar size, complexity, and stage of development. Accordingly, historical volatility has been calculated using the volatility of these companies, as well as taking into consideration the Company's actual volatility since our IPO. As our historical experience is not sufficient to calculate volatility for our option grants, the Company will continue to use guideline peer group volatility information until the historical volatility of its own Common Stock is sufficient on its own to measure expected volatility for future option grants.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">Dividend Yield</font><font style="display:inline;font-family:Times;">&#x2014;The Company has never declared or paid dividends and has no plans to do so in the foreseeable future.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">Expected Term</font><font style="display:inline;font-family:Times;">&#x2014;This is the period of time that the options granted are expected to remain unexercised. Options granted have a maximum term of ten years. The Company determines the average expected life of stock options according to the "simplified method" as described in Staff Accounting Bulletin 110, which is the mid-point between the vesting date and the end of the contractual term. Over time, management will track estimates of the expected life of the option term so that estimates will approximate actual behavior for similar options.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">Risk-Free Interest Rate</font><font style="display:inline;font-family:Times;">&#x2014;This is the U.S. Treasury note rate for the week of each option grant during the year, having a term that most closely resembles the expected term of the option.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">Expected Forfeiture Rate</font><font style="display:inline;font-family:Times;">&#x2014;The forfeiture rate is the estimated percentage of options granted that are expected to be forfeited or canceled on an annual basis before becoming fully vested.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The following table summarizes stock option and SAR activity:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Number of<br />Options</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Weighted-Average<br />Exercise Price</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Weighted-Average<br />Remaining<br />Contractual<br />Term (in years)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Outstanding, December&nbsp;31, 2014</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,080,749 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.93 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.04 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Granted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>971,500 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10.12 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Exercised</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(205,640 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4.56 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Forfeited</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(147,602 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.60 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Outstanding, December&nbsp;31, 2015</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,699,007 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.94 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.92 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Granted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,058,850 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13.32 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Exercised</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(85,694 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.51 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Forfeited</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(28,075 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12.23 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Outstanding, December&nbsp;31, 2016</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,644,088 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10.25 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.59 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">As of December&nbsp;31, 2016:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Vested and expected to vest</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,591,528 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10.22 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.57 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Exercisable</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,503,004 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.62 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.49 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The aggregate intrinsic value of options outstanding, vested and expected to vest, and exercisable as of December&nbsp;31, 2016 is approximately $54.7&nbsp;million, $54.0&nbsp;million and $25.0&nbsp;million, respectively. The aggregate intrinsic value of options outstanding, vested and expected to vest, and exercisable as of December&nbsp;31, 2015 is approximately $12.6&nbsp;million, $12.4&nbsp;million and $5.0&nbsp;million, respectively. The aggregate intrinsic value of options outstanding, vested and expected to vest, and exercisable as of December&nbsp;31, 2014 is approximately $2.0&nbsp;million, $2.0&nbsp;million and $1.5&nbsp;million, respectively.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The weighted-average, grant-date fair value of options granted for the years ended December&nbsp;31, 2016, 2015 and 2014 was $7.66, $6.05 and $5.79 per share, respectively.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The total fair value of the underlying Common Stock related to shares that vested during the years ended December&nbsp;31, 2016, 2015 and 2014 was approximately $3.9&nbsp;million, $2.6&nbsp;million and $1.9&nbsp;million, respectively.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The total intrinsic value of options exercised amounted to approximately $1.1&nbsp;million, $1.6&nbsp;million and $0.1&nbsp;million, respectively, during the years ended December&nbsp;31, 2016, 2015 and 2014.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">As of December&nbsp;31, 2016 and 2015, the total unrecognized compensation expense, net of estimated forfeitures, was approximately $9.8&nbsp;million and $7.2&nbsp;million, respectively, which the Company expects to recognize over a weighted-average period of 2.7 and 2.5&nbsp;years, respectively.</font> </p><div /></div> </div> -0.26 0.02 0.29 0.05 0.08 0.14 0.10 1.84 0.21 1.25 0.29 -0.26 0.02 0.28 0.04 0.08 0.14 0.08 1.76 0.18 1.18 0.26 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">11. Earnings per Share</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Basic income (loss) per common share is determined by dividing income (loss) attributable to common stockholders by the weighted-average number of common shares outstanding during the period, without consideration of common stock equivalents. Diluted income (loss) per share is computed by dividing the income (loss) attributable to common stockholders by the weighted-average number of common share equivalents outstanding for the period. The treasury stock method is used to determine the dilutive effect of the Company's stock option grants, SAR, and potential ESPP awards, and the if-converted method is used to determine the dilutive effect of the Company's Notes.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The following common stock equivalents were excluded in the calculation of diluted loss per share because their effect would be anti-dilutive as applied to the loss from continuing operations applicable to common stockholders for the years ended December&nbsp;31, 2016, 2015 and 2014:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Shares underlying Convertible Senior Secured Notes</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,995,340&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Warrants to purchase common stock</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>20,957&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>20,499&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Stock options, stock appreciation rights, and ESPP awards</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>306,776&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The following table sets forth the computation of basic and diluted net income per share for the years ended December&nbsp;31, 2016, 2015 and 2014, in thousands, except share and per share amounts:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year ended December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Numerator, in thousands:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income (loss) used for calculation of basic EPS</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>91,221 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,944 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(10,925 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Interest expense on convertible debt</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>543 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,229 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Changes in fair value of derivative liabilities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(448 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(589 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Loss on extinguishment of debt</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>671 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,338 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Loss on extinguishment of outstanding debt, as if converted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,182 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,494 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total adjustments</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(416 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>484 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income used for calculation of diluted EPS</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>90,805 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,428 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(10,925 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Denominator:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Weighted average shares outstanding, basic</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>49,472,434 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>47,485,258 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>42,260,896 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Effect of dilutive potential common shares:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Shares underlying Convertible Senior Secured Notes</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,222,363 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,459,009 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Shares issuable to settle interest make-whole derivatives</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>71,537 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>804,507 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Stock options and stock appreciation rights</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>942,649 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>411,606 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total potential dilutive common shares</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,236,549 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,675,122 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Weighted average shares outstanding, diluted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>51,708,983 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>51,160,380 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>42,260,896 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income (loss) per share, basic</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.84 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.29 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.26 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income (loss) per share, diluted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.76 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.28 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.26 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> 7519000 9145000 7200000 9800000 P2Y6M P2Y8M12D <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">In accordance with the fair value hierarchy described above, the following tables show the fair value of the Company's financial assets and liabilities that are required to be measured at fair value, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="11" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Fair Value Measurements at December&nbsp;31, 2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Total Carrying<br />Value at<br />December&nbsp;31,<br />2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Quoted Prices<br />in Active<br />Markets<br />(Level&nbsp;1)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Significant<br />Other<br />Observable<br />Inputs<br />(Level&nbsp;2)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Significant<br />Unobservable<br />Inputs<br />(Level&nbsp;3)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">Assets:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Cash and cash equivalents</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>66,398&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>66,398&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Marketable securities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,723&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>656&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,067&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Long term marketable securities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>75,410&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>75,410&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Marketable securities&#x2014;restricted (SERP)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>275&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>275&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total assets at fair value</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>165,806&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>67,054&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>98,752&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font 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style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> 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style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Derivative liabilities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>114&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>114&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p 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style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p 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valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font 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style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="11" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Fair Value Measurements at December&nbsp;31, 2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Total Carrying<br />Value at<br />December&nbsp;31,<br />2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Quoted Prices<br />in Active<br />Markets<br />(Level&nbsp;1)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Significant<br />Other<br />Observable<br />Inputs<br />(Level&nbsp;2)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Significant<br />Unobservable<br />Inputs<br />(Level&nbsp;3)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">Assets:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Cash and cash equivalents</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>33,498&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>33,498&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Marketable securities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,692&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>654&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,038&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Long term marketable securities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>55,009&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>55,009&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Marketable securities&#x2014;restricted (SERP)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>263&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>263&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total assets at fair value</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>117,462&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34,152&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>83,310&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font 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style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Derivative liabilities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>854&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New 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valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> 0.000 P4M 0.45 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">3. Fair Value of Financial Instruments</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The fair value of an asset or liability should represent the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Such transactions to sell an asset or transfer a liability are assumed to occur in the principal or most advantageous market for the asset or liability. Accordingly, fair value is determined based on a hypothetical transaction at the measurement date, considered from the perspective of a market participant rather than from a reporting entity's perspective.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company reports assets and liabilities that are measured at fair value using a three level fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy maximizes the use of observable inputs and minimizes the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:15;margin-left:0pt;"> <tr style="CellSpacing:15;"> <td valign="middle" style="width:04.00%;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-size:12pt;">&nbsp;</font></p> </td> <td valign="middle" style="width:04.00%;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-size:12pt;">&nbsp;</font></p> </td> <td valign="middle" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-size:12pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Level&nbsp;1&#x2014;Inputs are unadjusted quoted prices in active markets for identical assets that the Company has the ability to access at the measurement date. </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Level&nbsp;2&#x2014;Inputs are quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (interest rates, yield curves, etc.) and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Level&nbsp;3&#x2014;Unobservable inputs that reflect the Company's own assumptions, based on the best information available, including the Company's own data.</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">In accordance with the fair value hierarchy described above, the following tables show the fair value of the Company's financial assets and liabilities that are required to be measured at fair value, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="11" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Fair Value Measurements at December&nbsp;31, 2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Total Carrying<br />Value at<br />December&nbsp;31,<br />2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Quoted Prices<br />in Active<br />Markets<br />(Level&nbsp;1)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Significant<br />Other<br />Observable<br />Inputs<br />(Level&nbsp;2)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Significant<br />Unobservable<br />Inputs<br />(Level&nbsp;3)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">Assets:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Cash and cash equivalents</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>66,398&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>66,398&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Marketable securities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,723&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>656&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,067&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Long term marketable securities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>75,410&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>75,410&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Marketable securities&#x2014;restricted (SERP)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>275&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>275&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total assets at fair value</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>165,806&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>67,054&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>98,752&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font 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#000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Derivative liabilities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>114&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>114&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font 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style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font 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style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="11" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Fair Value Measurements at December&nbsp;31, 2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Total Carrying<br />Value at<br />December&nbsp;31,<br />2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Quoted Prices<br />in Active<br />Markets<br />(Level&nbsp;1)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Significant<br />Other<br />Observable<br />Inputs<br />(Level&nbsp;2)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Significant<br />Unobservable<br />Inputs<br />(Level&nbsp;3)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">Assets:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Cash and cash equivalents</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>33,498&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>33,498&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Marketable securities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,692&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>654&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,038&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Long term marketable securities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>55,009&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>55,009&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Marketable securities&#x2014;restricted (SERP)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>263&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>263&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total assets at fair value</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>117,462&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34,152&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>83,310&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" 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style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The fair value of the restricted marketable securities is included within other non-current assets in the consolidated balance sheets.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company's Level&nbsp;1 assets include cash held with banks, certificate of deposits, and money market funds.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Level&nbsp;2 assets include the SERP (Supplemental Executive Retirement Plan) assets, commercial paper and investment grade corporate bonds and other fixed income securities. Level&nbsp;2 securities are valued using third-party pricing sources that apply applicable inputs and other relevant data into their models to estimate fair value.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Level&nbsp;3 liabilities include the estimated fair value of the interest make-whole liability associated with the Company's 7.50% Convertible Senior Secured Notes due 2019 (the Notes), which is recorded as a derivative liability.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The fair value of the interest make-whole liability of the Notes was calculated using a binomial-lattice model with the following key assumptions as of December&nbsp;31 2016:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Volatility</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">45%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Stock Price as of December&nbsp;31, 2016</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$25.25 per share</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Credit Spread</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">900 bps</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Term</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">4&nbsp;months</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Dividend Yield</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">0.0%</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Changes in the fair value of the warrants and the interest make-whole liability are recognized as a component of Other Income (Expense) in the Consolidated Statements of Operations. The following table presents information about the Company's Level&nbsp;3 liabilities as of December&nbsp;31, 2015 and December&nbsp;31, 2016 that are included in the Non-Current Liabilities section of the Consolidated Balance Sheets, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended<br />December&nbsp;31,<br />2015 and 2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Balance at December&nbsp;31, 2014</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,564 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Changes in fair value of derivative liabilities included in earnings</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(193 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Reduction due to conversion of debt to equity</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(4,865 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Cashless exercise of common stock warrants</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(652 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Balance at December&nbsp;31, 2015</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>854 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Changes in fair value of derivative liabilities included in earnings</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(448 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Reduction due to conversion of debt to equity</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(292 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Balance at December&nbsp;31, 2016</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>114 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The carrying value, face value and estimated fair value of the Notes was approximately $4.2&nbsp;million, $4.6&nbsp;million and $21.8&nbsp;million, respectively, as of December&nbsp;31, 2016. The fair value was estimated based on actual trade information as well as quoted prices provided by bond traders, which would be characterized within Level&nbsp;2 of the fair value hierarchy. This fair value amount gives recognition to the value of the interest make-whole liability and the value of the conversion option. These items have been accounted for as derivative liabilities and additional paid-in-capital, respectively.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The carrying amounts of other financial instruments, including accounts receivable, accounts payable and accrued expenses approximate fair value due to their short-term maturities.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Unrestricted marketable securities held by the Company were as follows, in thousands:</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">At December&nbsp;31, 2016:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Available for Sale </font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amortized<br />Cost</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Gross<br />Unrealized<br />Gains</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Gross<br />Unrealized<br />Losses</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Fair Value</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Corporate debt securities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>99,487 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>86 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(440 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>99,133 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">At December&nbsp;31, 2015:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Available for Sale </font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amortized<br />Cost</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Gross<br />Unrealized<br />Gains</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Gross<br />Unrealized<br />Losses</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Fair Value</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Corporate debt securities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>84,189 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(493 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>83,701 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The contractual maturities of the unrestricted available for sale marketable securities held by the Company were as follows, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Less Than 1 Year</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,723&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">1&nbsp;year to 2&nbsp;years</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24,318&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">3&nbsp;years to 4&nbsp;years</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>51,092&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Greater Than 4 Years</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>99,133&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company has not experienced any other-than-temporary losses on its marketable securities and restricted marketable securities. The cost of securities sold is calculated using the specific identification method.</font> </p><div /></div> </div> 0.02 <div> <div> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Volatility</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">45%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Stock Price as of December&nbsp;31, 2016</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$25.25 per share</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Credit Spread</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">900 bps</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Term</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">4&nbsp;months</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Dividend Yield</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">0.0%</font></p> </td> </tr> </table></div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">The following table presents information about the Company's Level&nbsp;3 liabilities as of December&nbsp;31, 2015 and December&nbsp;31, 2016 that are included in the Non-Current Liabilities section of the Consolidated Balance Sheets, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended<br />December&nbsp;31,<br />2015 and 2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Balance at December&nbsp;31, 2014</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,564 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Changes in fair value of derivative liabilities included in earnings</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(193 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Reduction due to conversion of debt to equity</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(4,865 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Cashless exercise of common stock warrants</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(652 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Balance at December&nbsp;31, 2015</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>854 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Changes in fair value of derivative liabilities included in earnings</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(448 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Reduction due to conversion of debt to equity</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(292 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Balance at December&nbsp;31, 2016</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>114 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> -193000 -448000 4865000 292000 6564000 854000 114000 18000 1283000 976000 994000 16490000 17773000 2809000 193000 448000 -2592000 -2338000 -2300000 -671000 -700000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Impairment of Long-Lived Assets</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Long-lived assets consist primarily of purchased patents, deferred legal fees, and property and equipment. The Company assesses the recoverability of its long-lived assets whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If indications of impairment exist, projected future undiscounted cash flows associated with the asset are compared to the carrying amount to determine whether the asset's value is recoverable. Evaluating for impairment requires judgment, including the estimation of future cash flows, future growth rates and profitability and the expected life over which cash flows will occur. Changes in the Company's business strategy or adverse changes in market conditions could impact impairment analyses and require the recognition of an impairment charge equal to the excess of the carrying value of the long-lived assets over its estimated fair value.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">For the years ended December&nbsp;31, 2016, 2015 and 2014, the Company determined that there was no impairment of the Company's long-lived assets.</font> </p><div /></div> </div> 4034000 3844000 5085000 7881000 6437000 11645000 19839000 16296000 -10295000 14610000 50369000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">12. Income Taxes</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The components of the income tax (benefit)/ expense for the years ended December&nbsp;31, 2016, 2015 and 2014 were as follow, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Current</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Federal</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>544 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>624 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>630 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">State</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>78 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>42 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Federal</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(39,898 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">State</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,576 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(40,852 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>666 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>630 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">A reconciliation of the expected income tax (benefit)/ expense computed using the U.S. Federal statutory income tax rate to the Company's effective income tax rate is as follows, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Income tax expense/(benefit) computed at U.S. Federal statutory tax rate</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,629 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,114 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,603 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Permanent items</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>715 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>601 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>610 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">State income taxes</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,523 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>42 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(245 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Change in valuation allowance</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(56,019 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(4,705 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,413 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Uncertain income tax position</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>143 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>533 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(329 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Research and development credits</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,902 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(979 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(535 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Other</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>105 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>60 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(125 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred rate change</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>444 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Income tax (benefit)/expense</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(40,852 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>666 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>630 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The significant components of the Company's deferred income tax assets (liabilities) were as follow, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="5" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">As of December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred tax assets:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net operating loss carryforward</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24,926 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34,610 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred rent credit</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>417 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>532 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued compensation and non-qualified stock options</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,128 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,886 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred financing costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>128 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>187 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Depreciation and amortization</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>706 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>290 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Research and development credits</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,119 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,529 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Capitalized overhead into inventory (UNICAP &#xA7;263A)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,086 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>543 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Nonrecourse liability related to sale of future royalties</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,223 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,526 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Other</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>878 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>498 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">AMT credit</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,581 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,108 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Valuation allowance</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(60,090 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net deferred tax asset</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,192 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>619 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:9pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred tax liability:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Debt discount on convertible notes</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(141 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(509 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Infringement legal cost</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(13,899 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Depreciation</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(423 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(110 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net deferred taxes</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>41,729 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">In assessing the realizability of deferred income tax assets, management considers whether it is more likely than not that some or all of the deferred income tax assets will not be realized. The ultimate realization of the deferred income tax assets is dependent upon the generation of future taxable income during the periods in which the net operating loss (NOL) and tax credit carryforwards are available. Management considers projected future taxable income, the scheduled reversal of deferred income tax liabilities, and available tax planning strategies that can be implemented by the Company in making this assessment. Based upon the level of historical taxable income and projections for future taxable income over the periods in which the NOL and credit carryforwards are available to reduce income taxes payable, management had established in 2015 a full valuation allowance as the Company was not more likely than not to realize such net deferred tax assets.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">During the third quarter of 2016, the Company determined the positive evidence regarding the valuation of the deferred tax assets outweighed the negative. Accordingly, the Company eliminated the valuation allowance of $60.1&nbsp;million and recorded the assessment to the deferred income tax expense.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">As of December&nbsp;31, 2016, the U.S. Federal NOL carryforwards amounted to approximately $87.3&nbsp;million ($30.5&nbsp;million tax effected) and $28.2&nbsp;million ($1.6&nbsp;million tax effected), respectively, and will expire in various years beginning in 2030. As of December&nbsp;31, 2016, the Company has available research and development credit carryforwards of approximately $7.1&nbsp;million, which expire, if unused, starting in 2026. The use of the Company's U.S. Federal and state NOL carryforwards and research and development credits are restricted in annual use due to changes in the Company's ownership. For the year ended December&nbsp;31, 2016, the Company utilized NOL's of approximately $48.1&nbsp;million and expects the remaining $87.3&nbsp;million of Federal NOL carryforwards to become available over the years from 2017 to 2020, in amounts ranging from $7.1&nbsp;million to $20.3&nbsp;million per year. In addition, the Company has available research and development credits of approximately $7.1&nbsp;million, expected to become available in 2020 to 2021. The Company's state NOL's will have a similar limitation to the amount noted for US Federal. Additionally, despite the NOL carryforwards, the Company may have a future tax liability due to state and local income tax requirements. The Company paid no Federal income taxes in the years ended December&nbsp;31, 2016, 2015 or 2014.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company accounts for uncertain income tax positions pursuant to the guidance in FASB ASC Topic 740, Income Taxes. The Company recognizes interest and penalties related to uncertain tax positions, if any, in income tax expense. As of December&nbsp;31, 2016, the Company accrued interest of a nominal amount and penalties of $0.1&nbsp;million related to uncertain tax positions. The Company's income taxes have not been subject to examination by any tax jurisdictions since its inception in 2005. Due to NOL and research and development credit carryforwards, all U.S. Federal and state income tax returns filed by the Company are subject to examination by the taxing jurisdictions. Some uncertain income tax position liabilities have been recorded to the Company's deferred income tax assets to offset such tax attribute carryforwards and other positions that can't be offset by tax attributes a liability has been booked.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Balance as of January&nbsp;1</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,341 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,964 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,828 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Gross (decreases) increases related to prior-year tax positions</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(5 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>18 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Gross increases related to current-year tax positions</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>662 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>646 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>710 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Gross decreases related to prior-year tax positions</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(375 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Gross decreases related to current-year tax positions</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(169 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(243 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,057 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Change in tax rates</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(160 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(21 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(535 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Balance as of December&nbsp;31</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,299 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,341 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,964 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">As of December&nbsp;31, 2016 and 2015, the Company recorded $0.5&nbsp;million and $0.6&nbsp;million of current tax expense on setting up an uncertain tax position related to the Alternative Minimum Tax. The Company does not anticipate a significant increase or decrease in the uncertain income tax benefits within the next 12&nbsp;months.</font> </p><div /></div> </div> 630000 666000 -40852000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Income Taxes</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company utilizes the asset and liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and tax reporting bases of assets and liabilities and are measured using enacted tax rates and laws that are expected to be in effect when the differences are expected to reverse. When appropriate, valuation allowances are established to reduce deferred tax assets to the amounts expected to be realized.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company accounts for uncertain tax positions in its consolidated financial statements when it is more-likely-than-not that the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority, assuming full knowledge of the position and relevant facts. The Company's policy is to recognize any interest and penalties related to income taxes in income tax expense.</font> </p><div /></div> </div> 4413000 -4705000 -56019000 444000 -3603000 5114000 17629000 610000 601000 715000 -125000 60000 105000 -245000 42000 -1523000 -329000 533000 143000 535000 979000 1902000 -2054000 2061000 3470000 12216000 8638000 15619000 2031000 507000 7546000 6289000 -854000 4214000 1198000 489000 -334000 1144000 1582000 -2306000 2459009 1222363 411606 942649 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Intangible Assets</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Intangible assets consist primarily of purchased patents and deferred legal fees related to patents. Patents are carried at cost less accumulated amortization, which is calculated on a straight-line basis over the estimated useful lives of the patents. The carrying value of the patents and deferred legal fees are assessed for impairment annually during the fourth quarter of each year, or more frequently if impairment indicators exist. There were no indicators of impairment identified at December&nbsp;31, 2016 or 2015.</font> </p><div /></div> </div> 976000 16490000 4963000 1229000 543000 1229000 543000 2854000 825000 493000 295000 61000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">4. Inventories</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Inventories consist of the following, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Raw materials</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,091&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,887&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Work in process</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,874&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,946&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Finished goods</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,836&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,754&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>16,801&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,587&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> 5754000 5836000 12587000 16801000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Inventory</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Inventories, which are recorded at the lower of cost or market, include materials, labor, and other direct and indirect costs and are valued using the first-in, first-out method. The Company capitalizes inventories produced in preparation for commercial launches when it becomes probable that the related product candidates will receive regulatory approval and that the related costs will be recoverable through the commercial sale of the product.</font> </p><div /></div> </div> 2887000 2091000 3946000 8874000 348000 643000 1482000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">The contractual maturities of the unrestricted available for sale marketable securities held by the Company were as follows, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Less Than 1 Year</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,723&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">1&nbsp;year to 2&nbsp;years</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24,318&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">3&nbsp;years to 4&nbsp;years</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>51,092&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Greater Than 4 Years</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>99,133&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> 2300000 2600000 2700000 100619000 117813000 188626000 309568000 56934000 80742000 2474000 901000 239000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">8. Convertible Senior Secured Notes</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">On May&nbsp;3, 2013, the Company issued $90.0&nbsp;million aggregate principal amount of Notes in a private placement offering.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company issued the Notes under an Indenture, dated May&nbsp;3, 2013 (the Indenture), between the Company and U.S. Bank National Association, as Trustee and Collateral Agent. The Notes provide for 7.50% interest per annum on the principal amount of the Notes, payable semi-annually in arrears on May&nbsp;1 and November&nbsp;1 of each year. The Notes will mature on May&nbsp;1, 2019, unless earlier converted, redeemed or repurchased by the Company. The Notes are convertible into the Company's common stock (Common Stock) as described below.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Notes are the Company's senior secured obligations and (i)&nbsp;rank senior in right of payment to any of the indebtedness that is expressly subordinated in right of payment to the Notes; (ii)&nbsp;rank effectively senior to any of the unsecured indebtedness to the extent of the value of the collateral securing the Notes; (iii)&nbsp;rank equal in right of payment with all of the Company's indebtedness that is not subordinated to the Notes; and (iv)&nbsp;are structurally subordinated to all indebtedness and liabilities, including trade payables, of the Company's existing and future subsidiaries.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Notes are secured by a first-priority lien, other than customary permitted liens, on substantially all of the Company's and its domestic subsidiaries' assets, whether now owned or hereafter acquired, including license agreements, general intangibles, accounts, instruments, investment property, intellectual property and any proceeds of the foregoing pursuant to that certain Security and Pledge Agreement, dated May&nbsp;3, 2013 (the Security Agreement), between the Company and U.S. Bank National Association, as Collateral Agent. The Indenture restricts the ability of the Company and its existing and future subsidiaries to make investments, including transfers of the Company's assets that constitute collateral securing the Notes, in its existing and future foreign subsidiaries.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Prior to November&nbsp;1, 2018, a holder of Notes may convert all or a portion of its Notes, in principal amounts equal to $1,000 or an integral multiple thereof, only if one or more of the following conditions has been satisfied: (1)&nbsp;if, for at least 20 trading days (whether or not consecutive) during the 30 consecutive trading day period ending within five trading days prior to a conversion date, the last reported sale price of the Company's Common Stock exceeds the conversion price on each such trading day; (2)&nbsp;during the five consecutive business day period immediately following any five consecutive trading day period (the Measurement Period), in which, for each trading day of that Measurement Period, the trading price (as defined in the Indenture) per $1,000 principal amount of Notes for such trading day was less than 98% of the product of the last reported sale price of the Company's Common Stock on such trading day and the applicable conversion rate on such trading day; (3)&nbsp;upon the occurrence of specified corporate transactions; or (4)&nbsp;if the Company calls the Notes for redemption, at any time prior to the close of business on the business day immediately preceding the redemption date. On and after November&nbsp;1, 2018, a holder of Notes may convert all or a portion of its Notes, in principal amounts equal to $1,000 or an integral multiple thereof, at any time prior to the close of business on the business day immediately preceding the maturity date of the Notes, regardless of the foregoing circumstances. The Company will settle conversion of the Notes through payment or delivery, as the case may be of cash, shares of Common Stock or a combination thereof, at its election.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The conversion rate for the Notes is equal to 188.7059 shares of Common Stock per $1,000 principal amount of notes (which is equivalent to an initial conversion price of approximately $5.30 per share of Common Stock). The conversion rate is subject to adjustment upon the occurrence of certain specified events but will not be adjusted for accrued and unpaid interest. In addition, upon the occurrence of a "make-whole fundamental change" (as defined in the Indenture), the Company will, in certain circumstances, increase the conversion rate by a number of additional shares for a holder that elects to convert its notes in connection with such make-whole fundamental change as described in the Indenture.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Effective November&nbsp;1, 2013, if, for at least 20 trading days (whether or not consecutive) during the 30 consecutive trading day period ending within five trading days prior to a conversion date, the last reported sale price of the Company's common stock exceeds the conversion price on each such trading day, the Company became required, in certain circumstances, to make an interest make-whole payment to converting holders equal to the sum of the present value of the remaining scheduled payments of interest that would have been made on the Notes to be converted had such notes remained outstanding until May&nbsp;1, 2017 computed using a discount rate equal to 2%. The Company may pay an interest make-whole payment either in cash or in Common Stock, at its election. If the Company elects to pay an interest make-whole payment in Common Stock, then the stock will be valued at 95% of the simple average of the daily volume- weighted average price (VWAP) per share for the 10 trading days ending on and including the trading day immediately preceding the conversion date. Notwithstanding the foregoing, the number of shares the Company may deliver in connection with an interest make-whole payment and repayment of principal will not exceed 221.7294 shares per $1,000 principal amount of Notes, subject to adjustment. If, pursuant to its election to deliver Common Stock in connection with the payment of the interest make-whole amount, the Company would be required to deliver a number of shares of Common Stock in excess of such threshold, the Company would deliver cash in lieu of shares otherwise deliverable upon conversions in excess thereof (based on the simple average of the daily VWAP for the 10 trading days ending on and including the trading day immediately preceding the conversion date).</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Upon (i)&nbsp;the occurrence of a fundamental change (as defined in the Indenture) or (ii)&nbsp;if the Company calls the Notes for redemption as described below (either event, a "make-whole fundamental change") and a holder elects to convert its Notes in connection with such make-whole fundamental change, the Company will, in certain circumstances, increase the conversion rate by a number of additional shares (the "Additional Shares") as described below. The Company will notify holders within one business day after the first public announcement by it or a third party of an event or transaction that the Company reasonably determines would, if consummated, constitute a make-whole fundamental change. Upon receiving notice or otherwise becoming aware of a potential make-whole fundamental change described, the Company will use commercially reasonable efforts to announce or cause the announcement of such potential make-whole fundamental change in time to deliver such notice at least 50 scheduled trading days prior to the anticipated effective date for such transaction. The Company will notify the Trustee and holders of the effective date of any make-whole fundamental change no later than one business day after such effective date.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The number of additional shares by which the Company will increase the conversion rate will be determined based on the date on which the make-whole fundamental change occurs or becomes effective (the Effective Date) and the price (the Stock Price) paid (or deemed paid) per share of the Company's Common Stock in the fundamental change. If the holders of the Company's common stock receive only cash in a make-whole fundamental change (i)&nbsp;the Stock Price shall be the cash amount paid per share and (ii)&nbsp;the Company will satisfy its conversion obligation to a holder that converts its Notes any time after such make-whole fundamental change by delivering to such holder, on the third business day immediately following the relevant conversion date, an amount of cash, for each $1,000 principal amount of Notes converted, equal to the product of (x)&nbsp;the conversion rate in effect on the relevant conversion date (as increased by the Additional Shares, if any) and (y)&nbsp;the Stock Price. Otherwise, (i)&nbsp;the Stock Price will equal the average of the last reported sale prices of the Company's Common Stock over the five trading day period ending on, and including, the trading day immediately preceding the Effective Date of the make-whole fundamental change and (ii)&nbsp;the Company will satisfy its conversion obligation to a holder that converts its Notes in connection with such make-whole fundamental change based on the conversion rate as increased by the number of Additional Shares. In connection with a make-whole fundamental change triggered by redemption of the Notes, the Effective Date of such make-whole fundamental change will be the date on which the Company delivers notice of the redemption. Notwithstanding the foregoing, in no event will the conversion rate exceed the maximum conversion rate, which is 221.7294 shares per $1,000 principal amount of Notes, which amount is inclusive of repayment of the principal of the Notes.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">If a fundamental change occurs at any time, holders will have the right, at their option, to require the Company to purchase for cash any or all of the Notes, or any portion of the principal amount thereof, that is equal to $1,000 or an integral multiple of $1,000 in excess thereof, on a date of the Company's choosing that is not less than 20 calendar days nor more than 35 calendar days after the date on which it delivers a fundamental change notice. The price the Company is required to pay for a Note is equal to 100% of the principal amount of such Note plus accrued and unpaid interest, if any, to, but excluding, the fundamental change purchase date. Any Notes purchased by the Company will be paid for in cash.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company may not redeem the Notes prior to May&nbsp;1, 2017. On or after May&nbsp;1, 2017, the Company may redeem for cash all, but not less than all, of the Notes if the last reported sale price of the Company's Common Stock equals or exceeds 140% of the applicable conversion price, or $7.42 per share, for at least 20 trading days during the 30 consecutive trading day period ending on the trading day immediately prior to the date the Company delivers written notice of the redemption. The redemption price will be equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. If the Company calls the Notes for redemption, a make-whole fundamental change will be deemed to occur and the Company will, in certain circumstances, increase the conversion rate for holders who convert their notes in connections with such make-whole fundamental change as described in the Indenture.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company incurred approximately $3.5&nbsp;million of financing costs (including the underwriters' fee) in connection with the issuance of the Notes. Approximately $0.9&nbsp;million of this amount was allocated to additional paid-in capital and the remaining $2.6&nbsp;million is recorded as a deferred cost being amortized over the term of the Notes. As of December&nbsp;31, 2016, approximately $30,000 remained unamortized.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The table below summarizes activity related to the Notes from issuance on May&nbsp;3, 2013 through December&nbsp;31, 2016, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Gross proceeds</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>90,000 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Initial value of interest make-whole derivative reported as debt discount</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(9,270 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Conversion option reported as debt discount and APIC</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(22,336 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Conversion of debt to equity&#x2014;principal</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(81,463 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Conversion of debt to equity&#x2014;accretion of debt discount and deferred financing costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,003 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accretion of debt discount and deferred financing costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,151 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">December&nbsp;31, 2015 carrying value</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,085 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:9pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Conversion of debt to equity&#x2014;principal</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,962 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Conversion of debt to equity&#x2014;accretion of debt discount and deferred financing costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>764 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accretion of debt discount and deferred financing costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>278 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">December&nbsp;31, 2016 carrying value</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,165 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">During the year ended December&nbsp;31, 2016, approximately $3.9&nbsp;million of the Notes were presented to the Company for conversion. Accordingly, the Company issued approximately 0.7&nbsp;million shares of common stock in conversion of the principal amount of the Notes. The Company issued an additional 24,000 shares of common stock in settlement of the interest make-whole provision related to the converted Notes. As a result of the conversions, the Company incurred a loss on extinguishment of debt of approximately $0.7&nbsp;million during the year ended December&nbsp;31, 2016.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">During the year ended December&nbsp;31, 2015, approximately $27.5&nbsp;million of the Notes were presented to the Company for conversion. Accordingly, the Company issued approximately 5.2&nbsp;million shares of common stock in conversion of the principal amount of the Notes. The Company issued an additional 0.5&nbsp;million shares of common stock in settlement of the interest make-whole provision related to the converted Notes. As a result of the conversions, the Company incurred a loss on extinguishment of debt of approximately $2.3&nbsp;million during the year ended December&nbsp;31, 2015.</font> </p><div /></div> </div> 28692000 28692000 654000 28038000 23723000 23723000 656000 23067000 55009000 55009000 55009000 75410000 75410000 75410000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Marketable Securities</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Marketable securities consist of investments in U.S. Treasuries, certificate of deposit, various U.S. governmental agency debt securities, corporate bonds and other fixed income securities. The Company places all investments with government, industrial, or financial institutions whose debt is rated as investment grade. The Company classifies all available-for-sale marketable securities with maturities greater than one year from the balance sheet date as non-current assets.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company's investments are classified as available-for-sale. Such securities are carried at estimated fair value. Any unrealized holding gains or losses are reported, net of any tax effects reported, as accumulated other comprehensive loss, which is a separate component of stockholders' equity.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Realized gains and losses, and declines in value judged to be other-than-temporary, if any, are included in consolidated results of operations. A decline in the market value of any available for sale security below cost that is deemed to be other-than-temporary results in a reduction in fair value, which is charged to earnings in that period, and a new cost basis for the security is established. Dividend and interest income is recognized when earned. The cost of securities sold is calculated using the specific identification method.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company established the Supernus Supplemental Executive Retirement Plan (SERP) for the sole purpose of receiving funds for executives from a previous SERP and providing a continuing deferral program under the Supernus SERP. As of December&nbsp;31, 2016 and 2015, the estimated fair value of the mutual fund investment securities within the SERP was approximately $275,000 and $263,000, respectively. The fair value of these assets is included within other non-current assets on the consolidated balance sheets. A corresponding noncurrent liability is also included in the consolidated balance sheets to reflect the Company's obligation for the SERP. The Company has not made, and has no plans to make, contributions to the SERP. The securities are restricted in nature and can only be used for purposes of paying benefits under the SERP.</font> </p><div /></div> </div> 154000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">1. Organization and Nature of Operations</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Supernus Pharmaceuticals,&nbsp;Inc. (the Company) was incorporated in Delaware on March&nbsp;30, 2005, and commenced operations on December&nbsp;22, 2005. The Company is a specialty pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, including neurological and psychiatric disorders. The Company markets two epilepsy products, Oxtellar XR and Trokendi XR, and has several proprietary product candidates in clinical development that address the psychiatry market.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company commenced the commercialization of Oxtellar XR and Trokendi XR in 2013.</font> </p><div /></div> </div> 30570000 1867000 2052000 -2659000 -39289000 -35964000 -24495000 34524000 66812000 -10925000 -10925000 738000 13944000 13944000 2437000 3916000 6853000 4825000 91221000 91221000 10251000 61826000 14320000 -10925000 14428000 90805000 -10925000 13944000 91221000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Recently Issued Accounting Pronouncements</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No.&nbsp;2016-15, "Classification of Certain Cash Receipts and Cash Payments." The standard eliminates diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows under Topic 230, Statement of Cash Flows, and other Topics. ASU 2016-15 is effective for annual reporting periods, and interim periods therein, beginning after December&nbsp;15, 2017. The Company does not expect the adoption of this guidance to have a material impact on its Consolidated Financial Statements.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">In March 2016, the FASB issued ASU No.&nbsp;2016-09, "Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting." The standard is intended to simplify several areas of accounting for share-based compensation arrangements, including the income tax impact, classification on the statement of cash flows and forfeitures. ASU 2016-09 is effective for fiscal years, and interim periods within those years, beginning after December&nbsp;15, 2016, and early adoption is permitted. The Company does not expect that the adoption of this ASU will have a material impact on Consolidated Financial Statements and related disclosures.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">In February 2016, the FASB issued ASU No.&nbsp;2016-02, "Leases (Topic 842)." The standard requires a lessee to recognize assets and liabilities on the balance sheet for leases with lease terms greater than 12&nbsp;months. ASU 2016-02 is effective for fiscal years, and interim periods within those years, beginning after December&nbsp;15, 2018, and early adoption is permitted. We expect the ASU to have a material impact on our assets and liabilities due to the addition of previously classified operating leases, but we do not expect it to have a material impact on our cash flows or results of operations.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">In November 2015, the FASB issued ASU No.&nbsp;2015-17, "Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes." The standard requires that deferred tax assets and liabilities be classified as noncurrent on the balance sheet rather than being separated into current and noncurrent. ASU 2015-17 is effective for fiscal years, and interim periods within those years, beginning after December&nbsp;15, 2016. Early adoption is permitted and the standard may be applied either retrospectively or on a prospective basis to all deferred tax assets and liabilities. We early adopted ASU 2015-17 during the fourth quarter of fiscal year 2015 on a prospective basis. As of December&nbsp;31, 2015, the impact of the adoption of this standard was immaterial.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">In July 2015, the FASB issued ASU No.&nbsp;2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory." Under this new guidance, entities that measure inventory using any method other than last-in, first-out or the retail inventory method will be required to measure inventory at the lower of cost and net realizable value. The amendments in this ASU, which should be applied prospectively, are effective for annual and interim periods beginning after December&nbsp;15, 2016. Early adoption is permitted. The Company does not expect that the adoption of this ASU will have a material impact on Consolidated Financial Statements and related disclosures.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">In April 2015, the FASB issued ASU No.&nbsp;2015-03, "Simplifying the Presentation of Debt Issuance Costs." This ASU more closely aligns the treatment of debt issuance costs with debt discounts and premiums and requires debt issuance costs to be presented as a direct deduction from the carrying amount of the related debt. The amendments in this ASU are effective for financial statements issued for fiscal years beginning after December&nbsp;15, 2015, and interim periods within those fiscal years. This guidance has been applied on a retrospective basis. As of December&nbsp;31, 2015, the impact of the adoption of this standard was immaterial.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">In May 2014, the FASB issued ASU No.&nbsp;2014-09, "Revenue from Contracts with Customers." ASU 2014-09 will eliminate transaction-and industry-specific revenue recognition guidance under current U.S.&nbsp;GAAP and replace it with a principles-based approach for determining revenue recognition. ASU 2014-09 will require that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for annual reporting periods beginning after December&nbsp;15, 2017, with early adoption being permitted for periods ending after December&nbsp;15, 2016. Entities can transition to the standard either retrospectively or as a cumulative effect adjustment as of the date of adoption. We are in the process of evaluating the potential revenue implications of the standard change, which may result in changes to our revenue recognition practices around license and collaboration agreements.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company has evaluated all other ASUs issued through the date of the consolidated financials were issued in this Annual Report on Form&nbsp;10-K and believes that no other ASU will have a material impact on the Company's consolidated financial statements.</font> </p><div /></div> </div> -5017000 -6234000 -3847000 1 -5278000 20844000 54216000 4430000 1321000 1341000 1314000 87300000 28200000 3058000 6396000 318000 331000 -154000 -334000 354000 354000 -154000 -154000 -334000 -334000 354000 4325000 4002000 39000 38000 -15000 4700000 3300000 2277000 10907000 18821000 53262000 63859000 47364000 593000 2104000 1603000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">14. Employee Benefit Plan</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">On January&nbsp;2, 2006, the Company established the Supernus Pharmaceuticals,&nbsp;Inc. 401(k) Profit Sharing Plan (the 401(k) Plan) for its employees under Section&nbsp;401(k) of the Internal Revenue Code (Code). Under the 401(k) Plan, all full-time employees who are at least 18&nbsp;years old are eligible to participate in the 401(k) Plan. Employees may participate starting on the first day of the month following employment. Employees may contribute up to the lesser of 90% of eligible compensation or the applicable limit established by the Code.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Employees are 100% vested in their contributions to the 401(k) Plan. The Company matches 100% of a participant's contribution for the first 3% of their salary deferral and matches 50% of the next 2% of their salary deferral. As determined by the Board, the Company may elect to make a discretionary contribution not exceeding 60% of the annual compensation paid to all participating employees. The Company's contributions to the 401(k) Plan approximated $1.6&nbsp;million, $1.4&nbsp;million, and $1.1&nbsp;million for the years ended December&nbsp;31, 2016, 2015 and 2014, respectively.</font> </p><div /></div> </div> 5261000 2955000 52300000 49900000 571000 1867000 2052000 90000000 53473000 37581000 31824000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">5. Property and Equipment</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Property and equipment consist of the following, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Computer equipment</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,206 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,112 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Software</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,807 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>307 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Lab equipment and furniture</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,758 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,667 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Leasehold improvements</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,642 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,642 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Construction in progress</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,114 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,441 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,842 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Less accumulated depreciation and amortization</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(8,097 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,968 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,344 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,874 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Depreciation and amortization expense on property and equipment was approximately $1.1&nbsp;million, $0.7&nbsp;million, and $0.7&nbsp;million for the years ended December&nbsp;31, 2016, 2015 and 2014, respectively.</font> </p><div /></div> </div> 10842000 5667000 1112000 307000 1114000 2642000 12441000 6758000 1206000 1807000 28000 2642000 3874000 4344000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Property and Equipment</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Property and equipment are stated at cost. Upon retirement or sale, the cost of assets disposed of and the related accumulated depreciation are removed from the accounts and any resulting gain or loss is credited or charged to operations. Repairs and maintenance costs are expensed as incurred. Depreciation and amortization are computed using the straight-line method over the following average useful lives:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Computer equipment</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">3&nbsp;years</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Software</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">3&nbsp;years</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Lab equipment and furniture</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">5&nbsp;-&nbsp;10&nbsp;years</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Leasehold improvements</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Shorter of lease term or useful life</font></p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Computer equipment</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">3&nbsp;years</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Software</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">3&nbsp;years</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Lab equipment and furniture</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">5&nbsp;-&nbsp;10&nbsp;years</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Leasehold improvements</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Shorter of lease term or useful life</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> P3Y P3Y P10Y P5Y <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">16. Quarterly Financial Information (unaudited), see accompanying accountants' report</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Quarterly financial information for fiscal 2016 and 2015 are presented in the following table, in thousands, except per share data, unaudited:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">1</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;font-size:4pt;top:-4pt;position:relative;line-height:100%">st</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;Quarter</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;font-size:4pt;top:-4pt;position:relative;line-height:100%">nd</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;Quarter</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">3</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;font-size:4pt;top:-4pt;position:relative;line-height:100%">rd</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;Quarter</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">4</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;font-size:4pt;top:-4pt;position:relative;line-height:100%">th</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;Quarter</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">2016</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Revenue</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,194&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>51,626&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,810&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>62,374&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total costs and expenses</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,757&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>39,981&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>36,971&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,078&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Operating income</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,437&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,645&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>19,839&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>16,296&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,825&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,251&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>61,826&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,320&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income per share, basic</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.10&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.21&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.25&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.29&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income per share, diluted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.18&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.18&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.26&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:12pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">2015</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Revenue</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,738&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>35,678&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>39,362&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>43,687&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total costs and expenses</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24,704&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31,834&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34,277&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>35,806&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Operating income</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,034&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,844&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,085&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,881&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>738&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,437&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,916&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,853&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income per share, basic</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.02&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.05&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.14&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income per share, diluted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.02&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.04&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.14&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> 1000 19586000 29135000 42791000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Research and Development Costs</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Research and development costs are expensed as incurred. Research and development costs primarily consist of employee-related expenses, including salaries and benefits; share-based compensation expense; expenses incurred under agreements with CROs, payments to investigators, and consultants that conduct the Company's clinical trials; the cost of acquiring and manufacturing clinical trial materials; the cost of manufacturing materials used in process validation, to the extent that those materials are manufactured prior to receiving regulatory approval for those products and are not expected to be sold commercially; facilities costs that do not have an alternative future use; related depreciation and other allocated expenses; license fees for, and milestone payments related to, in-licensed products and technologies; and costs associated with animal testing activities and regulatory approvals.</font> </p><div /></div> </div> -175509000 -84288000 2000000 2000000 800000 0 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Sales Deductions</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Allowances for estimated sales deductions are provided for the following:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:15;margin-left:0pt;"> <tr style="CellSpacing:15;"> <td valign="middle" style="width:04.00%;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-size:12pt;">&nbsp;</font></p> </td> <td valign="middle" style="width:04.00%;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-size:12pt;">&nbsp;</font></p> </td> <td valign="middle" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-size:12pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Rebates. Rebates include mandated discounts under the Medicaid Drug Rebate Program, the Medicare coverage gap program, as well as negotiated discounts with commercial healthcare providers. Rebates are amounts owed after the final dispensing of products to a benefit plan participant and are based upon contractual agreements or legal requirements with the public sector (e.g.&nbsp;Medicaid) and with private sector benefit providers. The allowance for rebates is based on statutory and contractual discount rates and expected claimed rebates paid based on a plan provider's utilization. Rebates are generally invoiced and paid quarterly in arrears so that the accrual balance consists of an estimate of the amount expected to be incurred for the current quarter's activity, plus an accrual balance for known or estimated prior quarters' unpaid rebates. If actual future rebates vary from estimates, we may need to adjust prior period accruals, which would affect revenue in the period of adjustment. </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Co-pay assistance. Patients who pay in cash or have commercial insurance and meet certain eligibility requirements may receive co-pay assistance from the Company. The intent of this program is to reduce the patient's out of pocket costs. Liabilities for co-pay assistance are based on actual program participation and estimates of program redemption using data provided by third-party administrators. </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Distributor/Wholesaler deductions and discounts. U.S. specialty distributors and wholesalers are offered various forms of consideration including allowances, service fees and prompt payment discounts as consideration for distributing our products. Distributor allowances and service fees arise from contractual agreements with distributors and are generally a percentage of the purchase price paid by the distributors and wholesalers. Wholesale customers are offered a prompt pay discount for payment within a specified period. </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Returns. Sales of our products are not subject to a general right of return; however, the Company will accept product that is damaged or defective when shipped directly from our warehouse and expired product six months prior to, and up to twelve months subsequent to, its expiry date. Product that has been used to fill patient prescriptions is no longer subject to any right of return. </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Chargebacks. Chargebacks are discounts that occur when contracted customers purchase directly from an intermediary distributor or wholesaler. Contracted customers, which currently consist primarily of Public Health Service institutions and federal government entities purchasing via the Federal Supply Schedule, generally purchase the product at a discounted price. The distributor or wholesaler, in turn, charges back the difference between the price initially paid by the distributor or wholesaler and the discounted price paid to the distributor or wholesaler by the customer. The allowance for distributor/wholesaler chargebacks is based on known sales to contracted customers.</font></p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Revenue Recognition of License Revenue</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">License and Collaboration Agreements</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">We have entered into collaboration agreements to have both Oxtellar XR and Trokendi XR commercialized outside of the U.S. These agreements generally include an up-front license fee and ongoing milestone payments upon the achievement of specific events. We believe that when milestones meet all of the necessary criteria to be considered substantive, these should be recognized as revenue when achieved. For up-front license fees, we have estimated the service period of the contract and are recognizing this payment as revenue on a straight-line basis over the respective service period.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Milestone Payments</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Milestone payments on licensing agreements are recognized as revenue when the collaborative partner acknowledges completion of the milestone and substantive effort was necessary to achieve the milestone. Management may recognize revenue contingent upon the achievement of a milestone in its entirety in the period in which the milestone is achieved only if the milestone meets all the criteria to be considered substantive. Substantive milestone payments are recognized upon achievement of the milestone only if all of the following conditions are met:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:15;margin-left:0pt;"> <tr style="CellSpacing:15;"> <td valign="middle" style="width:04.00%;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-size:12pt;">&nbsp;</font></p> </td> <td valign="middle" style="width:04.00%;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-size:12pt;">&nbsp;</font></p> </td> <td valign="middle" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-size:12pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">the milestone payments are non-refundable; </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">achievement of the milestone involves a degree of risk and was not reasonably assured at the inception of the arrangement; </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">substantive effort on the partner's part is involved in achieving the milestone; and </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">the amount of the milestone payment is reasonable in relation to the effort expended or the risk associated with achievement of the milestone.</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Determination as to whether a payment meets the aforementioned conditions involves management's judgment. If any of these conditions are not met, the resulting payment would not be considered a substantive milestone, and therefore the resulting payment would be considered part of the consideration for the single unit of accounting and amortized over the appropriate period.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">There was no milestone revenue during the year ended December&nbsp;31, 2016. The Company recorded $0.8&nbsp;million and $2.0&nbsp;million, during the years ended December&nbsp;31, 2015 and 2014, respectively.</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Royalty Revenue</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">We recognize non-cash royalty revenue for royalty amounts earned pursuant to a royalty agreement with United Therapeutics. In 2014, the Company sold certain of these royalty rights to HC Royalty (see Note&nbsp;15). Accordingly, the Company records non-cash royalty revenue when payments are made from United Therapeutics to HC Royalty in connection with these agreements.</font> </p><div /></div> </div> 92678000 147465000 2900000 215003000 633000 3038000 4686000 5 8 8 89571000 28738000 143526000 35678000 39362000 43687000 44194000 210078000 51626000 56810000 62374000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">Accrued expenses are comprised of the following, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued compensation</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,145&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,519&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued professional fees</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,919&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,057&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued clinical trial and clinical supply costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,350&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,677&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued product costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,035&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>113&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued sales and marketing expenses</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>528&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>434&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued interest expense</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>61&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>295&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Other accrued expenses</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,396&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,058&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>27,434&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,153&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">The following sets forth the gross carrying amount and related accumulated amortization of these intangible assets, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Weighted-Average<br />Life</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Capitalized patent defense costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">9.5&nbsp;-&nbsp;11&nbsp;years</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,773 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>994 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Less accumulated amortization</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,283 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(18 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:center;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>16,490 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>976 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:center;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:center;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Shares underlying Convertible Senior Secured Notes</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,995,340&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Warrants to purchase common stock</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>20,957&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>20,499&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Stock options, stock appreciation rights, and ESPP awards</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>306,776&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> </table></div> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">Unrestricted marketable securities held by the Company were as follows, in thousands:</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">At December&nbsp;31, 2016:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Available for Sale </font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amortized<br />Cost</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Gross<br />Unrealized<br />Gains</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Gross<br />Unrealized<br />Losses</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Fair Value</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Corporate debt securities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>99,487 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>86 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(440 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>99,133 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">At December&nbsp;31, 2015:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Available for Sale </font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Amortized<br />Cost</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Gross<br />Unrealized<br />Gains</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Gross<br />Unrealized<br />Losses</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Fair Value</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Corporate debt securities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>84,189 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(493 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>83,701 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">The components of the income tax (benefit)/ expense for the years ended December&nbsp;31, 2016, 2015 and 2014 were as follow, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Current</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Federal</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>544 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>624 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>630 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">State</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>78 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>42 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Federal</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(39,898 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">State</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,576 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(40,852 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>666 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>630 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">The significant components of the Company's deferred income tax assets (liabilities) were as follow, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="5" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">As of December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred tax assets:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net operating loss carryforward</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24,926 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34,610 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred rent credit</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>417 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>532 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accrued compensation and non-qualified stock options</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,128 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,886 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred financing costs</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>128 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>187 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Depreciation and amortization</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>706 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>290 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Research and development credits</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,119 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,529 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Capitalized overhead into inventory (UNICAP &#xA7;263A)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,086 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>543 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Nonrecourse liability related to sale of future royalties</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,223 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,526 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Other</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>878 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>498 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">AMT credit</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,581 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,108 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Valuation allowance</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(60,090 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net deferred tax asset</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,192 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>619 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:9pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred tax liability:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Debt discount on convertible notes</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(141 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(509 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Infringement legal cost</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(13,899 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Depreciation</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(423 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(110 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net deferred taxes</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>41,729 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">The following table sets forth the computation of basic and diluted net income per share for the years ended December&nbsp;31, 2016, 2015 and 2014, in thousands, except share and per share amounts:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year ended December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Numerator, in thousands:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income (loss) used for calculation of basic EPS</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>91,221 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,944 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(10,925 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Interest expense on convertible debt</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>543 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,229 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Changes in fair value of derivative liabilities</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(448 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(589 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Loss on extinguishment of debt</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>671 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,338 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Loss on extinguishment of outstanding debt, as if converted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,182 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,494 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total adjustments</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(416 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>484 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income used for calculation of diluted EPS</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>90,805 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,428 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(10,925 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Denominator:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Weighted average shares outstanding, basic</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>49,472,434 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>47,485,258 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>42,260,896 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Effect of dilutive potential common shares:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Shares underlying Convertible Senior Secured Notes</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,222,363 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,459,009 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Shares issuable to settle interest make-whole derivatives</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>71,537 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>804,507 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Stock options and stock appreciation rights</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>942,649 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>411,606 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total potential dilutive common shares</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,236,549 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,675,122 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Weighted average shares outstanding, diluted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>51,708,983 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>51,160,380 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>42,260,896 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income (loss) per share, basic</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.84 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.29 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.26 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income (loss) per share, diluted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.76 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.28 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.26 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">A reconciliation of the expected income tax (benefit)/ expense computed using the U.S. Federal statutory income tax rate to the Company's effective income tax rate is as follows, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Income tax expense/(benefit) computed at U.S. Federal statutory tax rate</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,629 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,114 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,603 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Permanent items</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>715 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>601 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>610 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">State income taxes</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,523 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>42 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(245 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Change in valuation allowance</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(56,019 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(4,705 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,413 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Uncertain income tax position</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>143 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>533 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(329 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Research and development credits</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,902 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(979 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(535 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Other</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>105 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>60 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(125 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Deferred rate change</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>444 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Income tax (benefit)/expense</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(40,852 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>666 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>630 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">Share-based compensation recognized related to the grant of employee and non-employee stock options, SAR, Employee Stock Purchase Plan (ESPP) awards and non-vested stock was as follows, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Research and development</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,107&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>874&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>728&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Selling, general and administrative</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,819&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,216&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,129&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,926&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,090&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,857&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">Future minimum lease payments under non-cancelable operating leases as of December&nbsp;31, 2016 are as follows, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Year ending December&nbsp;31:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">2017</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,321&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">2018</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,314&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">2019</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,341&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Thereafter</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>454&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,430&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">Inventories consist of the following, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">December&nbsp;31,<br />2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Raw materials</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,091&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,887&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Work in process</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,874&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,946&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Finished goods</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,836&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,754&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>16,801&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,587&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">Quarterly financial information for fiscal 2016 and 2015 are presented in the following table, in thousands, except per share data, unaudited:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">1</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;font-size:4pt;top:-4pt;position:relative;line-height:100%">st</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;Quarter</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;font-size:4pt;top:-4pt;position:relative;line-height:100%">nd</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;Quarter</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">3</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;font-size:4pt;top:-4pt;position:relative;line-height:100%">rd</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;Quarter</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">4</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;font-size:4pt;top:-4pt;position:relative;line-height:100%">th</font><font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;Quarter</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">2016</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Revenue</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,194&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>51,626&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,810&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>62,374&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total costs and expenses</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,757&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>39,981&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>36,971&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,078&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Operating income</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,437&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,645&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>19,839&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>16,296&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,825&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,251&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>61,826&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,320&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income per share, basic</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.10&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.21&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.25&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.29&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income per share, diluted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.18&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.18&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.26&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:12pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">2015</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <br /><font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Revenue</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,738&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>35,678&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>39,362&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>43,687&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Total costs and expenses</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24,704&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31,834&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34,277&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>35,806&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Operating income</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,034&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,844&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,085&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,881&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>738&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,437&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,916&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,853&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income per share, basic</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.02&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.05&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.14&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Net income per share, diluted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.02&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.04&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.14&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Number of<br />Options</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Weighted-Average<br />Exercise Price</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Weighted-Average<br />Remaining<br />Contractual<br />Term (in years)</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Outstanding, December&nbsp;31, 2014</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,080,749 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.93 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.04 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Granted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>971,500 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10.12 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Exercised</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(205,640 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4.56 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Forfeited</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(147,602 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.60 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Outstanding, December&nbsp;31, 2015</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,699,007 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.94 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.92 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Granted</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,058,850 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13.32 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Exercised</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(85,694 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.51 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Forfeited</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(28,075 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12.23 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Outstanding, December&nbsp;31, 2016</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,644,088 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10.25 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.59 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">As of December&nbsp;31, 2016:</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Vested and expected to vest</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,591,528 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10.22 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.57 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Exercisable</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,503,004 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.62 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.49 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> </table></div> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="5" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December&nbsp;31,</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Fair value of common stock</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$12.98 - $22.80</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$9.13 - $21.21</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$7.63 - $10.02</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Expected volatility</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">60.9% - 64.5%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">60.9% - 64.6%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">64.5% - 68.3%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Dividend Yield</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">0%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">0%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">0%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Expected term</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">6.25&nbsp;years</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">6.25&nbsp;years</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">6.25&nbsp;years</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Risk-free interest rate</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">1.14% - 2.15%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">1.54% - 1.74%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">1.67% - 1.97%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Expected forfeiture rate</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">5%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">5%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">5%</font></p> </td> </tr> </table></div> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-size:10pt;">A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows, in thousands:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="8" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Year Ended December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2016</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2015</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">2014</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Balance as of January&nbsp;1</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,341 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,964 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,828 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Gross (decreases) increases related to prior-year tax positions</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(5 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>18 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Gross increases related to current-year tax positions</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>662 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>646 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>710 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Gross decreases related to prior-year tax positions</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(375 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&#x2014;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Gross decreases related to current-year tax positions</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(169 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(243 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,057 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 20pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Change in tax rates</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(160 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(21 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(535 </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">)</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Balance as of December&nbsp;31</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,299 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,341 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">$</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,964 </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 5pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Percent of Net<br />Product Sales</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Percent of Accounts<br />Receivable, net</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Customer A</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>29&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>43&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Customer B</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Customer C</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>96&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>97&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> 72612000 89063000 106010000 2857000 4090000 5926000 P1Y P10Y 0.00 0.00 0.00 P6Y3M P6Y3M P6Y3M 0.683 0.646 0.645 0.645 0.609 0.609 0.0197 0.0174 0.0215 0.0167 0.0154 0.0114 8000000 1500000 5000000 25000000 1503004 8.62 P6Y5M27D 100000 1600000 1100000 147602 28075 971500 1058850 5.79 6.05 7.66 2000000 12600000 54700000 2080749 2699007 3644088 7.93 8.94 10.25 P8Y15D P7Y11M1D P7Y7M2D 2000000 12400000 54000000 3591528 10.22 P7Y6M26D 1900000 2600000 3900000 4.56 6.51 8.60 12.23 10.12 13.32 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Share-Based Compensation</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Employee share-based compensation is measured based on the estimated fair value on the grant date. The grant date fair value is calculated using the Black-Scholes option-pricing model, which requires the use of subjective assumptions including volatility, expected term, risk-free rate, and the fair value of the underlying common stock. The Company recognizes expense using the straight-line method less estimated forfeitures.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company records the expense for stock option grants to non-employees based on the estimated fair value of the stock option using the Black-Scholes option-pricing model. The fair value of non-employee awards is re-measured at each reporting period. As a result, stock compensation expense for non-employee awards with vesting is affected by subsequent changes in the fair value of the Company's common stock.</font> </p><div /></div> </div> 10.02 7.63 21.21 9.13 25.25 22.80 12.98 39983437 42974463 49004674 49971267 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-size:10pt;">2. Summary of Significant Accounting Policies</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Basis of Presentation</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The Company's consolidated financial statements include the accounts of Supernus Pharmaceuticals,&nbsp;Inc. and Supernus Europe&nbsp;Ltd., collectively referred to herein as "Supernus" or "the Company." All significant intercompany transactions and balances have been eliminated in consolidation. The Company's consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the U.S. (U.S.&nbsp;GAAP).</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The Company, which is primarily located in the U.S., operates in one operating segment.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Use of Estimates</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The preparation of the financial statements in accordance with U.S.&nbsp;GAAP requires the Company to make estimates and judgments in certain circumstances that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. In preparing these consolidated financial statements, management has made its best estimates and judgments of certain amounts included in the financial statements, giving due consideration to materiality. On an ongoing basis, the Company evaluates its estimates, including those related to revenue recognition, future royalty revenue related to Orenitram net product sales, accrued sales deductions, fair value of financial assets and liabilities, derivative liabilities, common stock options, income taxes, preclinical study and clinical trial accruals, and other contingencies. Management bases its estimates on historical experience or on various forecasts, including information received from its service providers, which it believes to be reasonable under the circumstances. Actual results could differ from these estimates.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Cash and Cash Equivalents</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The Company considers all investments in highly liquid financial instruments with an original maturity of three months or less to be cash equivalents.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Marketable Securities</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Marketable securities consist of investments in U.S. Treasuries, certificate of deposit, various U.S. governmental agency debt securities, corporate bonds and other fixed income securities. The Company places all investments with government, industrial, or financial institutions whose debt is rated as investment grade. The Company classifies all available-for-sale marketable securities with maturities greater than one year from the balance sheet date as non-current assets.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The Company's investments are classified as available-for-sale. Such securities are carried at estimated fair value. Any unrealized holding gains or losses are reported, net of any tax effects reported, as accumulated other comprehensive loss, which is a separate component of stockholders' equity.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Realized gains and losses, and declines in value judged to be other-than-temporary, if any, are included in consolidated results of operations. A decline in the market value of any available for sale security below cost that is deemed to be other-than-temporary results in a reduction in fair value, which is charged to earnings in that period, and a new cost basis for the security is established. Dividend and interest income is recognized when earned. The cost of securities sold is calculated using the specific identification method.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The Company established the Supernus Supplemental Executive Retirement Plan (SERP) for the sole purpose of receiving funds for executives from a previous SERP and providing a continuing deferral program under the Supernus SERP. As of December&nbsp;31, 2016 and 2015, the estimated fair value of the mutual fund investment securities within the SERP was approximately $275,000 and $263,000, respectively. The fair value of these assets is included within other non-current assets on the consolidated balance sheets. A corresponding noncurrent liability is also included in the consolidated balance sheets to reflect the Company's obligation for the SERP. The Company has not made, and has no plans to make, contributions to the SERP. The securities are restricted in nature and can only be used for purposes of paying benefits under the SERP.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Accounts Receivable, net</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Accounts receivable are reported on the consolidated balance sheets at outstanding amounts, less an allowance for doubtful accounts and discounts. The Company extends credit without requiring collateral. The Company writes off uncollectible receivables when the likelihood of collection is remote. The Company evaluates the collectability of accounts receivable on a regular basis. An allowance, when needed, is based upon various factors including the financial condition and payment history of customers, an overall review of collections experience on other accounts, and economic factors or events expected to affect future collections experience.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The Company recorded an allowance for bad debts of approximately $42,000 as of December&nbsp;31, 2016. No accounts were written off in 2015. The Company recorded an allowance of approximately $5.6&nbsp;million and $3.8&nbsp;million for expected sales discounts as of December&nbsp;31, 2016 and December&nbsp;31, 2015, respectively. The following table includes those customers, who are wholesalers and distributors, that represent more than 10% of total net product sales for 2016 and more than 10% of the accounts receivable balance on the consolidated balance sheet as of December&nbsp;31, 2016:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Percent of Net<br />Product Sales</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Percent of Accounts<br />Receivable, net</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Customer A</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>29&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>43&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Customer B</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Customer C</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>96&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>97&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:1pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Concentration of Credit Risk</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash, cash equivalents, accounts receivable and marketable securities. The counterparties are various corporations and financial institutions of high credit standing.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Substantially all of the Company's cash and cash equivalents are maintained with well known, U.S. government agencies, and corporations. Deposits held with banks may exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and, therefore, management believes they bear minimal risk.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Inventory</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Inventories, which are recorded at the lower of cost or market, include materials, labor, and other direct and indirect costs and are valued using the first-in, first-out method. The Company capitalizes inventories produced in preparation for commercial launches when it becomes probable that the related product candidates will receive regulatory approval and that the related costs will be recoverable through the commercial sale of the product.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Property and Equipment</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Property and equipment are stated at cost. Upon retirement or sale, the cost of assets disposed of and the related accumulated depreciation are removed from the accounts and any resulting gain or loss is credited or charged to operations. Repairs and maintenance costs are expensed as incurred. Depreciation and amortization are computed using the straight-line method over the following average useful lives:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Computer equipment</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">3&nbsp;years</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Software</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">3&nbsp;years</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Lab equipment and furniture</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">5&nbsp;-&nbsp;10&nbsp;years</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Leasehold improvements</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Shorter of lease term or useful life</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Deferred Legal Fees</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Legal fees have been incurred in connection with legal proceedings related to the defense of patents for Oxtellar XR and Trokendi XR (see Notes&nbsp;6 and&nbsp;17). Amortization of the deferred legal fees will begin upon successful outcome of the on-going litigation. Deferred legal fees will be charged to expense in the event of an unsuccessful outcome of the on-going litigation.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Intangible Assets</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Intangible assets consist primarily of purchased patents and deferred legal fees related to patents. Patents are carried at cost less accumulated amortization, which is calculated on a straight-line basis over the estimated useful lives of the patents. The carrying value of the patents and deferred legal fees are assessed for impairment annually during the fourth quarter of each year, or more frequently if impairment indicators exist. There were no indicators of impairment identified at December&nbsp;31, 2016 or 2015.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Impairment of Long-Lived Assets</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Long-lived assets consist primarily of purchased patents, deferred legal fees, and property and equipment. The Company assesses the recoverability of its long-lived assets whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If indications of impairment exist, projected future undiscounted cash flows associated with the asset are compared to the carrying amount to determine whether the asset's value is recoverable. Evaluating for impairment requires judgment, including the estimation of future cash flows, future growth rates and profitability and the expected life over which cash flows will occur. Changes in the Company's business strategy or adverse changes in market conditions could impact impairment analyses and require the recognition of an impairment charge equal to the excess of the carrying value of the long-lived assets over its estimated fair value.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">For the years ended December&nbsp;31, 2016, 2015 and 2014, the Company determined that there was no impairment of the Company's long-lived assets.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Deferred Financing Costs</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred financing costs consist of financing costs incurred by the Company in connection with the closing of the Company's 7.50% Convertible Senior Secured Notes and Secured Notes Payable offering (see Note&nbsp;8). The Company amortizes deferred financing costs over the term of the related debt using the effective interest method. When extinguishing debt, the related deferred financing costs are written off.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Preclinical Study and Clinical Trial Accruals</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The Company estimates preclinical study and clinical trial expenses based on the services performed pursuant to contracts with research institutions, investigators, and clinical research organizations (CROs) that conduct these activities on our behalf. In recording service fees, the Company estimates the time period over which the related services will be performed and compares the level of effort expended through the end of each period to the cumulative expenses recorded and payments made for such services. As appropriate, it accrues additional service fees or defers any non-refundable advance payments until the related services are performed. If the actual timing of the performance of services or the level of effort varies from the estimate, the Company will adjust its accrual or deferred advance payment accordingly. If the Company later determines that it no longer expects the services associated with a nonrefundable advance payment to be rendered, the advance payment will be charged to expense in the period that such determination is made.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Revenue from Product Sales</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Revenue from product sales is recognized when persuasive evidence of an arrangement exists; delivery has occurred and title to the product and associated risk of loss has passed to the customer; the price is fixed or determinable; collection from the customer has been reasonably assured; all performance obligations have been met; and returns and allowances can be reasonably estimated. Product sales are recorded net of estimated rebates, chargebacks, allowances, discounts, co-pay assistance and other deductions as well as estimated product returns (collectively, "sales deductions").</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our products are distributed through wholesalers and pharmaceutical distributors. Each of these wholesalers and distributors will take title and ownership to the product upon physical receipt of the product and then distribute our products to pharmacies.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">During the year ended December&nbsp;31, 2015, the Company recorded a $2.9&nbsp;million reduction to net revenue related to a change in estimate associated with its accrued sales deductions of $26.8&nbsp;million at December&nbsp;31, 2015. The change in estimate reflects returns experience associated with our initial launch shipments, which have now passed their expiry dating.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Sales Deductions</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Allowances for estimated sales deductions are provided for the following:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:15;margin-left:0pt;"> <tr style="CellSpacing:15;"> <td valign="middle" style="width:04.00%;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="middle" style="width:04.00%;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="middle" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Rebates. Rebates include mandated discounts under the Medicaid Drug Rebate Program, the Medicare coverage gap program, as well as negotiated discounts with commercial healthcare providers. Rebates are amounts owed after the final dispensing of products to a benefit plan participant and are based upon contractual agreements or legal requirements with the public sector (e.g.&nbsp;Medicaid) and with private sector benefit providers. The allowance for rebates is based on statutory and contractual discount rates and expected claimed rebates paid based on a plan provider's utilization. Rebates are generally invoiced and paid quarterly in arrears so that the accrual balance consists of an estimate of the amount expected to be incurred for the current quarter's activity, plus an accrual balance for known or estimated prior quarters' unpaid rebates. If actual future rebates vary from estimates, we may need to adjust prior period accruals, which would affect revenue in the period of adjustment. </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Co-pay assistance. Patients who pay in cash or have commercial insurance and meet certain eligibility requirements may receive co-pay assistance from the Company. The intent of this program is to reduce the patient's out of pocket costs. Liabilities for co-pay assistance are based on actual program participation and estimates of program redemption using data provided by third-party administrators. </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Distributor/Wholesaler deductions and discounts. U.S. specialty distributors and wholesalers are offered various forms of consideration including allowances, service fees and prompt payment discounts as consideration for distributing our products. Distributor allowances and service fees arise from contractual agreements with distributors and are generally a percentage of the purchase price paid by the distributors and wholesalers. Wholesale customers are offered a prompt pay discount for payment within a specified period. </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Returns. Sales of our products are not subject to a general right of return; however, the Company will accept product that is damaged or defective when shipped directly from our warehouse and expired product six months prior to, and up to twelve months subsequent to, its expiry date. Product that has been used to fill patient prescriptions is no longer subject to any right of return. </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Chargebacks. Chargebacks are discounts that occur when contracted customers purchase directly from an intermediary distributor or wholesaler. Contracted customers, which currently consist primarily of Public Health Service institutions and federal government entities purchasing via the Federal Supply Schedule, generally purchase the product at a discounted price. The distributor or wholesaler, in turn, charges back the difference between the price initially paid by the distributor or wholesaler and the discounted price paid to the distributor or wholesaler by the customer. The allowance for distributor/wholesaler chargebacks is based on known sales to contracted customers.</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Revenue Recognition of License Revenue</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">License and Collaboration Agreements</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We have entered into collaboration agreements to have both Oxtellar XR and Trokendi XR commercialized outside of the U.S. These agreements generally include an up-front license fee and ongoing milestone payments upon the achievement of specific events. We believe that when milestones meet all of the necessary criteria to be considered substantive, these should be recognized as revenue when achieved. For up-front license fees, we have estimated the service period of the contract and are recognizing this payment as revenue on a straight-line basis over the respective service period.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Milestone Payments</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Milestone payments on licensing agreements are recognized as revenue when the collaborative partner acknowledges completion of the milestone and substantive effort was necessary to achieve the milestone. Management may recognize revenue contingent upon the achievement of a milestone in its entirety in the period in which the milestone is achieved only if the milestone meets all the criteria to be considered substantive. Substantive milestone payments are recognized upon achievement of the milestone only if all of the following conditions are met:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;CellSpacing:15;margin-left:0pt;"> <tr style="CellSpacing:15;"> <td valign="middle" style="width:04.00%;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="middle" style="width:04.00%;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="middle" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;line-height:%;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">the milestone payments are non-refundable; </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">achievement of the milestone involves a degree of risk and was not reasonably assured at the inception of the arrangement; </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">substantive effort on the partner's part is involved in achieving the milestone; and </font></p> </td> </tr> <tr style="CellSpacing:15;"> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&#x2022;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="top" style="width:auto;padding:0.8pt 0.8pt 0.8pt 0.8pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">the amount of the milestone payment is reasonable in relation to the effort expended or the risk associated with achievement of the milestone.</font></p> </td> </tr> </table></div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Determination as to whether a payment meets the aforementioned conditions involves management's judgment. If any of these conditions are not met, the resulting payment would not be considered a substantive milestone, and therefore the resulting payment would be considered part of the consideration for the single unit of accounting and amortized over the appropriate period.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">There was no milestone revenue during the year ended December&nbsp;31, 2016. The Company recorded $0.8&nbsp;million and $2.0&nbsp;million, during the years ended December&nbsp;31, 2015 and 2014, respectively.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Royalty Revenue</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We recognize non-cash royalty revenue for royalty amounts earned pursuant to a royalty agreement with United Therapeutics. In 2014, the Company sold certain of these royalty rights to HC Royalty (see Note&nbsp;15). Accordingly, the Company records non-cash royalty revenue when payments are made from United Therapeutics to HC Royalty in connection with these agreements.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Cost of Product Sales</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The cost of product sales consist primarily of materials, third-party manufacturing costs, freight and distribution costs, allocation of labor, quality control and assurance, and other manufacturing overhead costs.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Research and Development Costs</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Research and development costs are expensed as incurred. Research and development costs primarily consist of employee-related expenses, including salaries and benefits; share-based compensation expense; expenses incurred under agreements with CROs, payments to investigators, and consultants that conduct the Company's clinical trials; the cost of acquiring and manufacturing clinical trial materials; the cost of manufacturing materials used in process validation, to the extent that those materials are manufactured prior to receiving regulatory approval for those products and are not expected to be sold commercially; facilities costs that do not have an alternative future use; related depreciation and other allocated expenses; license fees for, and milestone payments related to, in-licensed products and technologies; and costs associated with animal testing activities and regulatory approvals.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Advertising Expense</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The costs of the Company's advertising efforts are expensed as incurred. The Company incurred approximately $21.9&nbsp;million, $19.3&nbsp;million, and $14.8&nbsp;million in advertising costs for the years ended December&nbsp;31, 2016, 2015, and 2014, respectively, which are recorded in the selling, general and administrative expense line of the Statement of Operations.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Share-Based Compensation</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Employee share-based compensation is measured based on the estimated fair value on the grant date. The grant date fair value is calculated using the Black-Scholes option-pricing model, which requires the use of subjective assumptions including volatility, expected term, risk-free rate, and the fair value of the underlying common stock. The Company recognizes expense using the straight-line method less estimated forfeitures.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The Company records the expense for stock option grants to non-employees based on the estimated fair value of the stock option using the Black-Scholes option-pricing model. The fair value of non-employee awards is re-measured at each reporting period. As a result, stock compensation expense for non-employee awards with vesting is affected by subsequent changes in the fair value of the Company's common stock.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Income Taxes</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The Company utilizes the asset and liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and tax reporting bases of assets and liabilities and are measured using enacted tax rates and laws that are expected to be in effect when the differences are expected to reverse. When appropriate, valuation allowances are established to reduce deferred tax assets to the amounts expected to be realized.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The Company accounts for uncertain tax positions in its consolidated financial statements when it is more-likely-than-not that the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority, assuming full knowledge of the position and relevant facts. The Company's policy is to recognize any interest and penalties related to income taxes in income tax expense.</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Recently Issued Accounting Pronouncements</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No.&nbsp;2016-15, "Classification of Certain Cash Receipts and Cash Payments." The standard eliminates diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows under Topic 230, Statement of Cash Flows, and other Topics. ASU 2016-15 is effective for annual reporting periods, and interim periods therein, beginning after December&nbsp;15, 2017. The Company does not expect the adoption of this guidance to have a material impact on its Consolidated Financial Statements.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In March 2016, the FASB issued ASU No.&nbsp;2016-09, "Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting." The standard is intended to simplify several areas of accounting for share-based compensation arrangements, including the income tax impact, classification on the statement of cash flows and forfeitures. ASU 2016-09 is effective for fiscal years, and interim periods within those years, beginning after December&nbsp;15, 2016, and early adoption is permitted. The Company does not expect that the adoption of this ASU will have a material impact on Consolidated Financial Statements and related disclosures.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In February 2016, the FASB issued ASU No.&nbsp;2016-02, "Leases (Topic 842)." The standard requires a lessee to recognize assets and liabilities on the balance sheet for leases with lease terms greater than 12&nbsp;months. ASU 2016-02 is effective for fiscal years, and interim periods within those years, beginning after December&nbsp;15, 2018, and early adoption is permitted. We expect the ASU to have a material impact on our assets and liabilities due to the addition of previously classified operating leases, but we do not expect it to have a material impact on our cash flows or results of operations.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In November 2015, the FASB issued ASU No.&nbsp;2015-17, "Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes." The standard requires that deferred tax assets and liabilities be classified as noncurrent on the balance sheet rather than being separated into current and noncurrent. ASU 2015-17 is effective for fiscal years, and interim periods within those years, beginning after December&nbsp;15, 2016. Early adoption is permitted and the standard may be applied either retrospectively or on a prospective basis to all deferred tax assets and liabilities. We early adopted ASU 2015-17 during the fourth quarter of fiscal year 2015 on a prospective basis. As of December&nbsp;31, 2015, the impact of the adoption of this standard was immaterial.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In July 2015, the FASB issued ASU No.&nbsp;2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory." Under this new guidance, entities that measure inventory using any method other than last-in, first-out or the retail inventory method will be required to measure inventory at the lower of cost and net realizable value. The amendments in this ASU, which should be applied prospectively, are effective for annual and interim periods beginning after December&nbsp;15, 2016. Early adoption is permitted. The Company does not expect that the adoption of this ASU will have a material impact on Consolidated Financial Statements and related disclosures.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In April 2015, the FASB issued ASU No.&nbsp;2015-03, "Simplifying the Presentation of Debt Issuance Costs." This ASU more closely aligns the treatment of debt issuance costs with debt discounts and premiums and requires debt issuance costs to be presented as a direct deduction from the carrying amount of the related debt. The amendments in this ASU are effective for financial statements issued for fiscal years beginning after December&nbsp;15, 2015, and interim periods within those fiscal years. This guidance has been applied on a retrospective basis. As of December&nbsp;31, 2015, the impact of the adoption of this standard was immaterial.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In May 2014, the FASB issued ASU No.&nbsp;2014-09, "Revenue from Contracts with Customers." ASU 2014-09 will eliminate transaction-and industry-specific revenue recognition guidance under current U.S.&nbsp;GAAP and replace it with a principles-based approach for determining revenue recognition. ASU 2014-09 will require that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for annual reporting periods beginning after December&nbsp;15, 2017, with early adoption being permitted for periods ending after December&nbsp;15, 2016. Entities can transition to the standard either retrospectively or as a cumulative effect adjustment as of the date of adoption. We are in the process of evaluating the potential revenue implications of the standard change, which may result in changes to our revenue recognition practices around license and collaboration agreements.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The Company has evaluated all other ASUs issued through the date of the consolidated financials were issued in this Annual Report on Form&nbsp;10-K and believes that no other ASU will have a material impact on the Company's consolidated financial statements.</font> </p><div /></div> </div> 33464000 211952000 40000 -178528000 40699000 -154000 230263000 43000 -189453000 88007000 -488000 263955000 49000 -175509000 191755000 -134000 276127000 50000 -84288000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">9. Stockholders' Equity</font> </p> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-style:italic;">Common Stock</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The holders of our Common Stock are entitled to one vote for each share of Common Stock held. On May&nbsp;1, 2012, the Company completed its IPO, in which 10&nbsp;million shares of the Company's Common Stock were sold at a price of $5 per share. Additionally, the underwriters of the Company's IPO exercised the full amount of their over-allotment option resulting in the sale of an additional 449,250 shares of the Company's Common Stock at a price of $5 per share, resulting in cash proceeds to the Company of $52.3&nbsp;million. The Company realized net proceeds of $47.6&nbsp;million from the IPO, after issuance costs of approximately $4.7&nbsp;million.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">On December&nbsp;5, 2012, the Company completed a follow-on offering, in which 6&nbsp;million shares of the Company's Common Stock were sold at a price of $8 per share. Additionally, the underwriters of the Company's follow-on offering exercised their over-allotment options in January 2013 resulting in the sale of an additional 239,432 shares of the Company's Common Stock at a price of $8 per share, resulting in total cash proceeds to the Company of $49.9&nbsp;million. The Company realized net proceeds of $46.6&nbsp;million from the follow-on offering, after issuance costs of approximately $3.3&nbsp;million.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">During the period from November&nbsp;1, 2013 through December&nbsp;31, 2016, the Company issued 16,120,128 shares of common stock as a result of the conversion of approximately $85.4&nbsp;million of Convertible Notes and approximately 2,219,908 shares of common stock in settlement of the interest-make whole provision associated with those conversions.</font> </p><div /></div> </div> 32523 76333 98986 109244 10000000 6000000 205640 85694 652000 652000 516000 516000 930000 930000 1494000 1494000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">17. Subsequent Events</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Subsequent to December&nbsp;31, 2016, holders of the Notes converted approximately $1.0&nbsp;million of the Notes. We issued a total of approximately 0.2&nbsp;million shares of common stock in conversion of the principal amount of the Notes and accrued interest thereon resulting in a remaining outstanding balance of $3.6&nbsp;million.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">During the first quarter of 2017, the Company entered into settlement and license agreements with Zydus Pharmaceutical (USA), Inc. and Cadila Healthcare Limited (collectively, &#x201C;Zydus&#x201D;) and </font><font style="display:inline;color:#000000;">with Actavis Laboratories, FL, Inc. et al. (collectively, "Actavis,&#x201D; now a subsidiary of Teva Pharmaceuticals Industries, Ltd.) to settle ongoing patent litigation regarding Zydus&#x2019; and Actavis&#x2019; respective ANDA filings seeking approval to market a generic version of the Company&#x2019;s Trokendi XR (extended-release topiramate) capsules.&nbsp; </font><font style="display:inline;">&nbsp;These agreements prohibit Zydus and Actavis from selling a generic version of Trokendi XR before January 1, 2023 except under certain circumstances.</font> </p><div /></div> </div> 7100000 <div> <div> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Accounts Receivable, net</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Accounts receivable are reported on the consolidated balance sheets at outstanding amounts, less an allowance for doubtful accounts and discounts. The Company extends credit without requiring collateral. The Company writes off uncollectible receivables when the likelihood of collection is remote. The Company evaluates the collectability of accounts receivable on a regular basis. An allowance, when needed, is based upon various factors including the financial condition and payment history of customers, an overall review of collections experience on other accounts, and economic factors or events expected to affect future collections experience.</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The Company recorded an allowance for bad debts of approximately $42,000 as of December&nbsp;31, 2016. No accounts were written off in 2015. The Company recorded an allowance of approximately $5.6&nbsp;million and $3.8&nbsp;million for expected sales discounts as of December&nbsp;31, 2016 and December&nbsp;31, 2015, respectively. The following table includes those customers, who are wholesalers and distributors, that represent more than 10% of total net product sales for 2016 and more than 10% of the accounts receivable balance on the consolidated balance sheet as of December&nbsp;31, 2016:</font> </p> <p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;CellSpacing:0;margin-left:0pt;"> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Percent of Net<br />Product Sales</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">Percent of Accounts<br />Receivable, net</font></p> </td> <td valign="bottom" style="width:auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:7.5pt;">&nbsp;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Customer A</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>29&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>43&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Customer B</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">Customer C</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"> <font style="display:inline;font-family:Times;font-size:12pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>96&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">&nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>97&nbsp; </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">%</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> <tr style="CellSpacing:0;"> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B; &nbsp;</font></p> </td> <td valign="bottom" style="width:auto;background-color: #FFFFFF;padding:0pt;"> <p style="margin:0pt;line-height:normal;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-family:Times;font-size:1.5pt;">&#x200B;</font></p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> 2600000 30000 2809000 193000 448000 9828000 8964000 9341000 9299000 1057000 243000 169000 5000 375000 100000 710000 646000 662000 18000 <div> <div> <p style="margin:5pt 0pt 5pt 10pt;text-indent: -10pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;font-weight:bold;font-size:10pt;">Use of Estimates</font> </p> <p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Times;">The preparation of the financial statements in accordance with U.S.&nbsp;GAAP requires the Company to make estimates and judgments in certain circumstances that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. In preparing these consolidated financial statements, management has made its best estimates and judgments of certain amounts included in the financial statements, giving due consideration to materiality. On an ongoing basis, the Company evaluates its estimates, including those related to revenue recognition, future royalty revenue related to Orenitram net product sales, accrued sales deductions, fair value of financial assets and liabilities, derivative liabilities, common stock options, income taxes, preclinical study and clinical trial accruals, and other contingencies. Management bases its estimates on historical experience or on various forecasts, including information received from its service providers, which it believes to be reasonable under the circumstances. Actual results could differ from these estimates.</font> </p><div /></div> </div> 60100000 3675122 2236549 42260896 51160380 51708983 42260896 47485258 49472434