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Onyx Pharmaceuticals, Inc.'s quarterly construction in progress declined from Dec. 2012 ($3.8 Mil) to Mar. 2013 ($0.0 Mil) but then stayed the same from Mar. 2013 ($0.0 Mil) to Jun. 2013 ($0.0 Mil).
Onyx Pharmaceuticals, Inc.'s annual construction in progress declined from Dec. 2010 ($4.8 Mil) to Dec. 2011 ($0.8 Mil) but then increased from Dec. 2011 ($0.8 Mil) to Dec. 2012 ($3.8 Mil).
It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.
Onyx Pharmaceuticals, Inc. Annual Data
Onyx Pharmaceuticals, Inc. Quarterly Data