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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2021
Jul. 03, 2020
Jul. 02, 2021
Jul. 03, 2020
Revenues:        
Total revenues $ 385,177 $ 259,479 $ 655,407 $ 486,394
Operating expenses:        
Cost of goods sold 14,884 9,221 28,082 18,510
Research and development 148,790 114,933 308,078 216,810
Selling, general and administrative 98,495 59,791 200,846 122,731
Total operating expenses 262,169 183,945 537,006 358,051
Income from operations 123,008 75,534 118,401 128,343
Interest income 1,891 5,162 4,573 12,382
Other income (expense), net (11) 0 (101) 6
Income before income taxes 124,888 80,696 122,873 140,731
Provision for income taxes 28,796 13,875 25,180 25,298
Net income $ 96,092 $ 66,821 $ 97,693 $ 115,433
Net income per share:        
Basic (in dollars per share) $ 0.31 $ 0.22 $ 0.31 $ 0.38
Diluted (in dollars per share) $ 0.30 $ 0.21 $ 0.30 $ 0.36
Weighted-average common shares outstanding:        
Basic (in shares) 314,117 307,807 313,295 306,598
Diluted (in shares) 322,941 318,144 322,114 316,992
Net product revenues        
Revenues:        
Total revenues $ 284,248 $ 178,730 $ 511,460 $ 372,610
License revenues        
Revenues:        
Total revenues 39,640 59,234 67,168 80,113
Collaboration services revenues        
Revenues:        
Total revenues $ 61,289 $ 21,515 $ 76,779 $ 33,671