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v3.19.3.a.u2

Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
Revenues: |  |  |
Revenues | $ 788,087 | $ 451,240 | $ 161,626
Operating expenses: |  |  |
Cost of sales | 7,428 | 4,889 | 1,254
Research and development | 200,042 | 155,774 | 91,827
Acquired in-process research and development | 154,272 | 4,750 | 30,000
Sales, general and administrative | 354,062 | 248,932 | 169,906
Total operating expenses | 715,804 | 414,345 | 292,987
Operating income (loss) | 72,283 | 36,895 | (131,361)
Other (expense) income: |  |  |
Interest expense | (31,963) | (30,530) | (19,523)
Unrealized loss on restricted equity securities | (12,987) | 0 | 0
Investment income and other, net | 19,209 | 15,476 | 8,342
Total other expense, net | (25,741) | (15,054) | (11,181)
Income (loss) before provision for income taxes | 46,542 | 21,841 | (142,542)
Provision for income taxes | 9,530 | 730 |
Net income (loss) | 37,012 | 21,111 | (142,542)
Unrealized gain (loss) on marketable securities | 3,345 | (82) | (1,532)
Comprehensive income (loss) | $ 40,357 | $ 21,029 | $ (144,074)
Net income (loss) per share, basic | $ 0.40 | $ 0.23 | $ (1.62)
Net income (loss) per share, diluted | $ 0.39 | $ 0.22 | $ (1.62)
Weighted average common shares outstanding, basic | 91,627,000 | 90,235,000 | 88,089,000
Weighted average common shares outstanding, diluted | 95,732,000 | 95,386,000 | 88,089,000
Product sales, net |  |  |
Revenues: |  |  |
Revenues | $ 752,900 | $ 409,608 | $ 116,626
Collaboration revenue |  |  |
Revenues: |  |  |
Revenues | $ 35,187 | $ 41,632 | $ 45,000

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- Definition The amount of costs relating to expenses directly or indirectly attributed to the goods or services sold, which may include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, unallocated production overheads and abnormal amounts of production costs of inventories. + References No definition available. + Details
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