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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jul. 01, 2022
Jun. 30, 2023
Jul. 01, 2022
Revenues:        
Total revenues $ 469,848 $ 419,427 $ 878,636 $ 775,407
Operating expenses:        
Cost of goods sold 17,705 13,481 32,020 26,684
Research and development 232,570 199,481 466,816 356,152
Selling, general and administrative 141,723 122,759 273,120 225,622
Total operating expenses 391,998 335,721 771,956 608,458
Income from operations 77,850 83,706 106,680 166,949
Interest income 22,541 4,757 42,043 6,579
Other income (expense), net (5) 45 (59) 209
Income before income taxes 100,386 88,508 148,664 173,737
Provision for income taxes 19,208 17,836 27,458 34,492
Net income $ 81,178 $ 70,672 $ 121,206 $ 139,245
Net income per share:        
Basic (in dollars per share) $ 0.25 $ 0.22 $ 0.37 $ 0.43
Diluted (in dollars per share) $ 0.25 $ 0.22 $ 0.37 $ 0.43
Weighted-average common shares outstanding:        
Basic (in shares) 324,205 321,117 324,312 320,349
Diluted (in shares) 327,305 324,904 326,792 324,096
Net product revenues        
Revenues:        
Total revenues $ 409,646 $ 347,044 $ 773,046 $ 657,342
License revenues        
Revenues:        
Total revenues 52,747 57,526 91,039 89,593
Collaboration services revenues        
Revenues:        
Total revenues $ 7,455 $ 14,857 $ 14,551 $ 28,472