XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 127,722 $ 117,484 $ 382,339 $ 298,673
Operating expenses:        
Cost of goods sold 34,651 29,993 101,248 82,031
Research and development 11,578 14,651 40,031 44,090
Selling, general and administrative 48,807 52,561 148,142 140,683
Amortization of acquired intangible assets 1,967 1,967 5,900 5,900
Acquisition-related Gain (Loss), Product Discontinuation Costs, and Other, Net (714) 692 1,305 (1,599)
Total operating expenses 96,289 99,864 296,626 271,105
Income from operations 31,433 17,620 85,713 27,568
Other (expense) income:        
Interest income 177 1,025 816 3,936
Interest expense (7,333) (7,132) (21,327) (18,609)
Loss on early extinguishment of debt 0 (8,071) 0 (8,071)
Other, net (46) 2,708 (2,600) 2,571
Total other expense, net (7,202) (11,470) (23,111) (20,173)
Income before income taxes 24,231 6,150 62,602 7,395
Income tax (expense) benefit (6,571) 123,969 (15,492) 123,613
Net income $ 17,660 $ 130,119 $ 47,110 $ 131,008
Net income per share:        
Basic net income per common share (in USD per share) $ 0.40 $ 3.03 $ 1.07 $ 3.09
Diluted net income per common share (in USD per share) $ 0.39 $ 2.94 $ 1.03 $ 3.02
Weighted average common shares outstanding:        
Basic (in shares) 44,476 42,928 44,151 42,393
Diluted (in shares) 45,463 44,275 45,674 43,333
Net product sales        
Revenues:        
Total revenues $ 126,791 $ 116,889 $ 380,392 $ 296,850
Collaborative licensing and milestone revenue        
Revenues:        
Total revenues 0 0 125 0
Royalty revenue        
Revenues:        
Total revenues $ 931 $ 595 $ 1,822 $ 1,823