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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Product sales, net $ 104,726 $ 30,584 $ 230,692 $ 80,335
Royalties 130 370 872 1,295
License and other revenue   760   18,280
Non-cash PDL royalty revenue   19,771   95,852
Total revenues 104,856 51,485 231,564 195,762
Costs and expenses:        
Cost of sales (excluding amortization of intangible assets) 20,914 3,523 46,891 11,900
Research and development expense 4,629 1,644 11,201 5,083
Selling, general and administrative expense 49,065 27,078 141,015 92,166
Amortization of intangible assets 27,013 2,540 56,284 7,621
Total costs and expenses 101,621 34,785 255,391 116,770
(Loss) income from operations 3,235 16,700 (23,827) 78,992
Other (expense) income:        
Interest and other income 62 23 180 70
Interest and other expense (22,634) (1,910) (50,733) (3,153)
Non-cash interest expense on PDL liability   (4,364)   (14,646)
Total other expense (22,572) (6,251) (50,553) (17,729)
Net (loss) income before income taxes (19,337) 10,449 (74,380) 61,263
Benefit from (provision for) income taxes 7,552 (3,995) 29,310 (24,124)
Net (loss) income $ (11,785) $ 6,454 $ (45,070) $ 37,139
Basic net (loss) income per share (in dollars per share) $ (0.20) $ 0.11 $ (0.75) $ 0.64
Diluted net (loss) income per share (in dollars per share) $ (0.20) $ 0.11 $ (0.75) $ 0.61
Shares used in computing basic net (loss) income per share (in shares) 60,320,369 58,567,603 59,960,507 58,076,865
Shares used in computing diluted net (loss) income per share (in shares) 60,320,369 60,864,107 59,960,507 61,838,173