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Segment Reporting
 3 Months Ended
Apr. 04, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
We operate in one business segment that focuses on the discovery, development and commercialization of new medicines for difficult-to-treat cancers. Our President and Chief Executive Officer, as the chief operating decision-maker, manages and allocates resources to our operations on a total consolidated basis. Consistent with this decision-making process, our President and Chief Executive Officer uses net income to monitor budget versus actual results for purposes of evaluating performance and to make decisions about the allocation of resources.
Our significant segment expenses that are regularly provided to our President and Chief Executive Officer and included in the measure of segment net income consist of consolidated expenses for our operational departments: drug discovery, development, and selling, general and administrative and other segment items.
The segment and consolidated net income, including significant segment expenses were as follows (in thousands):
 Three Months Ended March 31,
 20252024
Revenues$555,447 $425,226 
Less:
Cost of goods sold
19,172 21,256 
Drug discovery
18,253 22,490 
Development
153,217 172,887 
Selling, general, and administrative
120,775 98,763 
Other segment items(1)
57,416 80,457 
Interest income
(19,076)(19,894)
Provision for income taxes
46,074 11,950 
Segment and consolidated net income$159,616 $37,317 
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(1) Other segment items include stock-based compensation, restructuring expenses, other research and development expenses including the allocation of general corporate costs to research and development services and development cost reimbursements in connection with certain of our collaboration arrangements, and other expenses, net.
All of our long-lived assets are located in the U.S. See “Note 3. Revenues” for enterprise-wide disclosures about product sales, revenues from major customers and revenues by geographic region.