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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Summary of Significant Segment Expenses

The Company’s significant segment expenses are as follows:

		Three Months Ended								Six Months Ended
		June 30,								June 30,
(In thousands)		2025				2024				2025				2024
REVENUES:
Total revenue		$	390,657			$	399,131			$	697,167			$	749,503
EXPENSES:
Cost of goods manufactured and sold (exclusive of amortization of acquired intangible assets shown below)			49,460				61,472				98,657				120,116
External R&D expenses:
Development programs:
Alixorexton			23,795				12,589				41,649				23,045
LYBALVI			5,050				3,710				8,901				8,751
Other external R&D expenses			10,589				10,014				21,562				18,803
Total external R&D expenses			39,434				26,313				72,112				50,599
Internal R&D expenses:
Employee-related			30,651				26,235				62,005				60,780
Occupancy			3,308				2,720				6,455				5,768
Depreciation			1,474				1,375				2,942				2,803
Other internal R&D expenses			2,503				3,006				5,673				7,310
Total internal R&D expenses			37,936				33,336				77,075				76,661
R&D expenses			77,370				59,649				149,187				127,260
Selling, general and administrative expenses:
Selling and marketing expense			121,175				119,667				244,109				245,284
General and administrative expense			49,674				48,446				98,444				102,578
Total selling, general and administrative expense			170,849				168,113				342,553				347,862
Other segment income (expenses)(1)			(5,880	)			(15,239	)			2,792				(20,659	)
NET INCOME FROM CONTINUING OPERATIONS			87,098				94,658				109,562				133,606
LOSS ON DISCONTINUED OPERATIONS, NET OF TAX			—				(3,300	)			—				(5,420	)
NET INCOME		$	87,098			$	91,358			$	109,562			$	128,186

1.“Other segment income (expenses)” during the three and six months ended June 30, 2025 and 2024, includes “Amortization of acquired intangible assets”, “Other income, net” and “Income tax provision”.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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