XML 15 R4.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
REVENUES:        
Total revenues $ 496,009 $ 390,657 $ 888,920 $ 697,167
EXPENSES:        
Cost of goods manufactured and sold (exclusive of amortization of acquired intangible assets shown below) 98,112 49,460 159,690 98,657
Research and development 112,920 77,370 216,265 149,187
Selling, general and administrative 217,625 170,849 482,218 342,553
Change in fair value of contingent consideration 26,414 0 26,414 0
Amortization of acquired intangible assets 22,585 0 34,260 0
Total expenses 477,656 297,679 918,847 590,397
OPERATING (LOSS) INCOME 18,353 92,978 (29,927) 106,770
OTHER (EXPENSE) INCOME, NET:        
Interest income 5,344 11,090 13,883 21,231
Interest expense (25,925) 0 (46,817) 0
Other (expense) income, net 352 771 (941) 2,327
Total other (expense) income, net (20,229) 11,861 (33,875) 23,558
(LOSS) INCOME BEFORE INCOME TAXES (1,876) 104,839 (63,802) 130,328
INCOME TAX PROVISION (BENEFIT) (2,377) 17,741 2,177 20,766
Net (loss) income $ 501 $ 87,098 $ (65,979) $ 109,562
(LOSS) EARNINGS PER ORDINARY SHARE:        
(Loss) earnings per ordinary share- basic $ 0 $ 0.53 $ (0.4) $ 0.67
(Loss) earnings per ordinary share - diluted $ 0 $ 0.52 $ (0.4) $ 0.65
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES OUTSTANDING:        
Basic 167,026 164,959 166,613 164,188
Diluted 173,478 168,357 166,613 168,470
COMPREHENSIVE (LOSS) INCOME:        
Net Income (Loss) $ 501 $ 87,098 $ (65,979) $ 109,562
Holding (loss) gain, net of a tax (benefit) provision of $78, $16, $249 and $184, respectively (255) 55 (823) 567
Foreign currency translation gain 240 0 0 0
COMPREHENSIVE (LOSS) INCOME 486 87,153 (66,802) 110,129
Product sales, net        
REVENUES:        
Total revenues 411,724 307,235 749,838 551,728
Manufacturing and royalty revenues        
REVENUES:        
Total revenues $ 84,285 $ 83,422 $ 139,082 $ 145,439