XML 19 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Product revenues, net $ 145,276 $ 135,546 $ 290,199 $ 280,313
Revenue from Contract with Customer, Product and Service [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Cost of product revenues        
Cost of product revenues (excluding intangible asset amortization) $ 19,955 $ 24,257 $ 38,905 $ 54,156
Cost, Product and Service [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Intangible asset amortization $ 34,515 $ 37,463 $ 69,032 $ 74,929
Total cost of product revenues 54,470 61,720 107,937 129,085
Gross profit 90,806 73,826 182,262 151,228
Operating expenses        
Selling, general and administrative 43,335 38,193 85,317 90,968
Total operating expenses 43,335 38,193 85,317 90,968
Income from operations 47,471 35,633 96,945 60,260
Interest expense (15,587) (21,863) (32,926) (43,290)
Interest income 4,397 4,027 8,884 6,774
Loss on extinguishment of debt (7,184)   (7,184) (23,504)
Income before income taxes 29,097 17,797 65,719 240
Provision for income taxes 9,491 4,790 18,400 4,659
Net income (loss) $ 19,606 $ 13,007 $ 47,319 $ (4,419)
Earnings (loss) per share - basic (in $ per share) $ 0.60 $ 0.38 $ 1.46 $ (0.13)
Weighted-average shares - basic 32,433,025 34,622,284 32,379,807 34,471,624
Earnings (loss) per share - diluted (in $ per share) $ 0.52 $ 0.34 $ 1.24 $ (0.13)
Weighted-average shares - diluted 40,383,694 42,849,952 40,510,943 34,471,624