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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (unaudited) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Revenues $ 498.8 $ 387.9 $ 1,371.9 $ 1,076.7
Operating expenses:        
Cost of revenues 11.2 6.1 31.2 15.5
Research and development 142.2 107.7 427.5 345.8
Acquired in-process research and development 0.0 0.0 143.9 0.0
Selling, general and administrative 204.2 186.3 668.7 569.8
Total operating expenses 357.6 300.1 1,271.3 931.1
Operating income 141.2 87.8 100.6 145.6
Other income (expense):        
Interest expense (1.1) (1.2) (3.5) (6.0)
Unrealized (loss) gain on equity security investments (40.1) 11.1 (0.6) 23.6
Loss on extinguishment of convertible senior notes 0.0 0.0 0.0 (70.0)
Investment income and other, net 15.6 0.2 37.4 2.8
Total other (expense) income, net (25.6) 10.1 33.3 (49.6)
Income before provision for income taxes 115.6 97.9 133.9 96.0
Provision for income taxes 32.5 29.4 31.9 30.5
Net income 83.1 68.5 102.0 65.5
Foreign currency translation adjustments, net of tax (1.4) 0.0 0.7 0.0
Unrealized gain (loss) on debt securities available-for-sale, net of tax 0.8 (1.8) 5.5 (12.3)
Comprehensive income $ 82.5 $ 66.7 $ 108.2 $ 53.2
Earnings per share:        
Basic (in USD per share) $ 0.85 $ 0.72 $ 1.05 $ 0.69
Diluted (in USD per share) $ 0.82 $ 0.69 $ 1.01 $ 0.67
Weighted-average shares outstanding:        
Basic (in shares) 97.9 95.8 97.5 95.6
Diluted (in shares) 101.1 99.0 100.6 98.3
Net product sales        
Revenues:        
Revenues $ 491.8 $ 379.3 $ 1,353.4 $ 1,036.3
Collaboration revenues        
Revenues:        
Revenues $ 7.0 $ 8.6 $ 18.5 $ 40.4