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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 181,099 $ 178,023 $ 350,022 $ 345,140
Operating expenses:        
Cost of goods sold 40,866 44,262 75,172 91,678
Research and development 28,200 20,338 53,893 38,576
Selling, general and administrative 88,578 68,126 175,354 140,152
Amortization of acquired intangible assets 14,322 14,322 28,644 28,644
Total contingent consideration (gains) charges, acquisition-related expenses, restructuring and other 634 2,735 6,470 4,638
Total operating expenses 172,600 149,783 339,533 303,688
Income from operations 8,499 28,240 10,489 41,452
Other (expense) income:        
Interest income 5,008 4,749 11,903 8,652
Interest expense (4,695) (3,884) (9,275) (7,200)
Gain on early extinguishment of debt 0 7,518 0 7,518
Other, net (10,739) (39) (6,338) (198)
Total other (expense) income, net (10,426) 8,344 (3,710) 8,772
(Loss) income before income taxes (1,927) 36,584 6,779 50,224
Income tax expense (2,920) (17,698) (6,814) (22,359)
Net (loss) income $ (4,847) $ 18,886 $ (35) $ 27,865
Net (loss) income per common share:        
Basic net (loss) income per common share (in dollars per share) $ (0.11) $ 0.41 $ 0.00 $ 0.60
Diluted net (loss) income per common share (in dollars per share) $ (0.11) $ 0.39 $ 0.00 $ 0.58
Weighted average common shares outstanding:        
Basic (in shares) 45,459 46,174 45,867 46,337
Diluted (in shares) 45,459 50,539 45,867 51,366
Net product sales        
Revenues:        
Total revenues $ 180,347 $ 176,387 $ 347,941 $ 342,211
Royalty revenue        
Revenues:        
Total revenues $ 752 $ 1,636 $ 2,081 $ 2,929