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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 168,573 $ 163,926 $ 513,713 $ 493,734
Operating expenses:        
Cost of goods sold 38,864 39,750 130,542 136,977
Research and development 19,104 20,830 57,680 56,794
Selling, general and administrative 74,333 67,947 214,485 203,640
Amortization of acquired intangible assets 14,322 14,322 42,966 42,966
Goodwill impairment 163,243 0 163,243 0
Contingent consideration (gains) charges, restructuring charges and other (1,766) 3,356 2,872 (1,150)
Total operating expenses 308,100 146,205 611,788 439,227
(Loss) income from operations (139,527) 17,721 (98,075) 54,507
Other income (expense):        
Interest income 5,482 2,766 14,134 8,019
Interest expense (4,689) (3,464) (11,889) (16,918)
Gain (loss) on early extinguishment of debt 0 0 7,518 (16,926)
Other, net (122) (422) (320) (701)
Total other income (expense), net 671 (1,120) 9,443 (26,526)
(Loss) income before income taxes (138,856) 16,601 (88,632) 27,981
Income tax expense (4,610) (5,743) (26,969) (10,896)
Net (loss) income $ (143,466) $ 10,858 $ (115,601) $ 17,085
Net (loss) income per common share:        
Basic net (loss) income per common share (in dollars per share) $ (3.11) $ 0.23 $ (2.50) $ 0.37
Diluted net (loss) income per common share (in dollars per share) $ (3.11) $ 0.23 $ (2.50) $ 0.37
Weighted average common shares outstanding:        
Basic (in shares) 46,134 46,416 46,269 46,151
Diluted (in shares) 46,134 52,067 46,269 46,343
Net product sales        
Revenues:        
Total revenues $ 167,722 $ 163,583 $ 509,933 $ 492,481
Royalty revenue        
Revenues:        
Total revenues $ 851 $ 343 $ 3,780 $ 1,253