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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Total net product sales $ 169,467 $ 169,411 $ 329,808 $ 327,402
Operating expenses:        
Cost of goods sold 48,207 50,627 97,227 86,701
Research and development 18,824 26,282 35,964 47,887
Selling, general and administrative 64,850 65,003 135,693 129,263
Amortization of acquired intangible assets 14,322 14,322 28,644 28,644
Acquisition-related (gains) charges, restructuring charges and other (16,613) (18,058) (4,506) (13,721)
Total operating expenses 129,590 138,176 293,022 278,774
Income from operations 39,877 31,235 36,786 48,628
Other (expense) income:        
Interest income 2,111 252 5,253 523
Interest expense (3,865) (8,833) (13,454) (19,079)
Loss on early extinguishment of debt 0 0 (16,926) 0
Other, net (269) (647) (279) (771)
Total other expense, net (2,023) (9,228) (25,406) (19,327)
Income before income taxes 37,854 22,007 11,380 29,301
Income tax expense (12,091) (2,131) (5,153) (2,597)
Net income $ 25,763 $ 19,876 $ 6,227 $ 26,704
Net income per share:        
Basic net income per common share (in USD per share) $ 0.56 $ 0.44 $ 0.14 $ 0.59
Diluted net income per common share (in USD per share) $ 0.51 $ 0.40 $ 0.13 $ 0.55
Weighted average common shares outstanding:        
Basic (in shares) 46,088 45,501 46,019 45,185
Diluted (in shares) 52,054 52,478 46,285 52,262
Net product sales        
Revenues:        
Total net product sales $ 169,467 $ 168,581 $ 328,898 $ 326,003
Royalty revenue        
Revenues:        
Total net product sales $ 0 $ 830 $ 910 $ 1,399