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Share-based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2023
Schedule of Share-based Compensation Expense from Continuing and Discontinued Operations | The following table presents share-based compensation expense from continuing and discontinued operations included in the Company’s consolidated statements of operations and comprehensive income (loss):
|  | Year Ended December 31, |
(In thousands) |  | 2023 |  |  | 2022 |  |  | 2021 |
Cost of goods manufactured and sold |  | $ | 11,353 |  |  | $ | 10,284 |  |  | $ | 9,175 |
Research and development |  |  | 25,753 |  |  |  | 23,289 |  |  |  | 21,396 |
Selling, general and administrative |  |  | 55,611 |  |  |  | 54,104 |  |  |  | 51,861 |
Share-based compensation expense from continuing operations |  |  | 92,717 |  |  |  | 87,677 |  |  |  | 82,432 |
Cost of goods manufactured and sold |  |  | — |  |  |  | — |  |  |  | — |
Research and development |  |  | 3,255 |  |  |  | 4,652 |  |  |  | 3,481 |
Selling, general and administrative |  |  | 4,933 |  |  |  | 1,925 |  |  |  | 1,709 |
Share-based compensation expense from discontinued operations |  |  | 8,188 |  |  |  | 6,577 |  |  |  | 5,190 |
Total share-based compensation expense |  | $ | 100,905 |  |  | $ | 94,254 |  |  | $ | 87,622 |
Schedule of Stock Option Activity | A summary of stock option activity is presented in the following table:
|  | Number of |  |  | Weighted Average |
|  | Shares |  |  | Exercise Price |
Outstanding, January 1, 2023 |  |  | 17,596,961 |  |  | $ | 33.32 |
Granted |  |  | 3,479,898 |  |  | $ | 27.88 |
Conversion Reissuance |  |  | 357,146 |  |  | $ | 32.26 |
Exercised |  |  | (772,207 | ) |  | $ | 21.70 |
Expired |  |  | (1,334,719 | ) |  | $ | 37.02 |
Forfeited |  |  | (1,187,176 | ) |  | $ | 26.56 |
Outstanding, December 31, 2023 |  |  | 18,139,903 |  |  | $ | 32.28 |
Exercisable, December 31, 2023 |  |  | 11,054,082 |  |  | $ | 37.24 |
Time-based RSU Awards |
Summary of RSU Activity | A summary of time-based RSU activity is presented in the following table:
|  |  |  |  | Weighted Average |
|  | Number of Shares |  |  | Grant Date Fair Value |
Unvested, January 1, 2023 |  |  | 6,625,422 |  |  | $ | 23.34 |
Granted |  |  | 2,884,122 |  |  | $ | 27.65 |
Conversion reissuance |  |  | 110,015 |  |  | $ | 24.19 |
Forfeited |  |  | (1,368,705 | ) |  | $ | 25.17 |
Vested |  |  | (2,593,276 | ) |  | $ | 24.31 |
Unvested, December 31, 2023 |  |  | 5,657,578 |  |  | $ | 24.18 |
Performance-based RSUs Awards |
Summary of RSU Activity | A summary of performance-based RSU activity is presented in the following table:
|  |  |  |  | Weighted Average |
|  | Number of Shares |  |  | Grant Date Fair Value |
Unvested, January 1, 2023 |  |  | 1,349,634 |  |  | $ | 26.05 |
Granted |  |  | 667,565 |  |  | $ | 29.91 |
Conversion reissuance |  |  | 30,244 |  |  | $ | 27.15 |
Forfeited |  |  | (248,711 | ) |  | $ | 24.06 |
Vested |  |  | (252,375 | ) |  | $ | 23.43 |
Unvested, December 31, 2023 |  |  | 1,546,357 |  |  | $ | 27.95 |

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