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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015
Revenue: |  |  |
Royalty revenue from a related party, net of amortization for capitalized fees paid to a related party of $13,823 in the year ended December 31, 2017, 2016, and 2015, respectively | $ 214,118 | $ 132,684 | $ 53,064
Revenue from collaborative arrangements from a related party | 3,099 | 885 | 885
Total net revenue | 217,217 | 133,569 | 53,949
Operating expenses: |  |  |
Research and development | 1,355 | 1,393 | 2,619
General and administrative | 32,258 | 23,188 | 19,750
Total operating expenses | 33,613 | 24,581 | 22,369
Income from operations | 183,604 | 108,988 | 31,580
Other (expense) income, net | (7,042) | 2,382 | 1,120
Interest income | 1,311 | 582 | 343
Interest expense | (43,601) | (52,416) | (51,803)
Net income (loss) | 134,272 | 59,536 | (18,760)
Net income attributable to noncontrolling interest | 129 | 0 | 0
Net income (loss) attributable to Innoviva stockholders | $ 134,143 | $ 59,536 | $ (18,760)
Basic net income (loss) per share attributable to Innoviva stockholders | $ 1.25 | $ 0.54 | $ (0.16)
Diluted net income (loss) per share attributable to Innoviva stockholders | $ 1.17 | $ 0.53 | $ (0.16)
Shares used to compute Innoviva basic and diluted net income (loss) per share: |  |  |
Shares used to compute basic net income (loss) per share | 106,945 | 110,280 | 115,372
Shares used to compute diluted net income (loss) per share | 119,866 | 123,233 | 115,372
Cash dividends declared per common share (in dollars per share) | $ 0.00 | $ 0.00 | $ 0.75

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