Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v2.4.1.9
Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]
As of December 31, 2014, contractual obligations with terms exceeding one year and estimated minimum future rental payments required by non-cancelable operating leases with initial or remaining lease terms exceeding one year are as follows:
 
 
 
Less than
 
1 to 3
 
3 to 5
 
After
 
Total
 
1 Year
 
Years
 
Years
 
 5 Years
Contingent consideration (1)
$
26,542

 
$
633

 
$
2,435

 
$
14,683

 
$
8,791

Contractual obligations (2)
330

 
284

 
46

 
—

 
—

Operating lease obligations:
 
 
 
 
 
 
 
 
 
  Minimum lease payments
6,107

 
4,114

 
1,993

 
—

 
—

  Less minimum sublease rentals (3)
(3,222
)
 
(2,469
)
 
(753
)
 
—

 
—

       Net minimum lease payments
2,885

 
1,645

 
1,240

 
—

 
—

               Total
$
29,757

 
$
2,562

 
$
3,721

 
$
14,683

 
$
8,791



(1) Amounts represent contingent royalty and milestone payments in connection with our 2014 acquisitions based on annual net sales and the launch of the diagnostic tests acquired.

(2) Amounts represent contractual obligations related to software license contracts, office equipment and contracts for software systems.

(3) As of December 31, 2014, the Company has entered into various sublease agreements for all of the office space at the Saddle River, New Jersey facility, the Dresher, Pennsylvania facility, and the Schaumburg, Illinois facility. These subleases will provide aggregated lease income of approximately $1.9 million, $1.3 million and $18,000, respectively, over the remaining lease periods.