Subsequent Eventss (Unaudited)
|12 Months Ended|
Dec. 31, 2019
|Subsequent Events [Abstract]|
|Subsequent Events (Unaudited)||Subsequent Events (Unaudited)
Contingent Consideration Arrangements
For the year ended December 31, 2019, the specified pricing thresholds related certain of the contingent consideration arrangements acquired in the Carrizo Acquisition were exceeded. As a result, in January 2020, the Company paid $50.0 million and received $10.0 million from settlement of a portion of these contingent consideration arrangements.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef