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Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Net product revenues $ 375,540us-gaap_Revenues $ 235,441us-gaap_Revenues $ 778,519us-gaap_Revenues $ 438,042us-gaap_Revenues
Costs and expenses:        
Cost of products sold (excluding amortization of product rights and intangibles of $53,910 and $11,162 for the three-month periods ended June 30, 2014 and 2013, and $107,807 and $22,329 for the six-month periods ended June 30, 2014 and 2013, respectively) 104,567us-gaap_CostOfGoodsSold 46,489us-gaap_CostOfGoodsSold 221,507us-gaap_CostOfGoodsSold 79,561us-gaap_CostOfGoodsSold
Amortization of product rights and intangible assets 53,910us-gaap_AmortizationOfIntangibleAssets 11,162us-gaap_AmortizationOfIntangibleAssets 107,807us-gaap_AmortizationOfIntangibleAssets 22,329us-gaap_AmortizationOfIntangibleAssets
Change in acquisition-related contingent consideration 10,149slxp_ChangeOfBusinessAcquisitionContingentConsiderationAtFairValue 2,100slxp_ChangeOfBusinessAcquisitionContingentConsiderationAtFairValue 14,188slxp_ChangeOfBusinessAcquisitionContingentConsiderationAtFairValue 4,600slxp_ChangeOfBusinessAcquisitionContingentConsiderationAtFairValue
Research and development (as revised) 25,576us-gaap_ResearchAndDevelopmentExpense 35,106us-gaap_ResearchAndDevelopmentExpense 66,798us-gaap_ResearchAndDevelopmentExpense 56,711us-gaap_ResearchAndDevelopmentExpense
Selling, general and administrative (as revised) 138,362us-gaap_SellingGeneralAndAdministrativeExpense 90,442us-gaap_SellingGeneralAndAdministrativeExpense 345,460us-gaap_SellingGeneralAndAdministrativeExpense 175,425us-gaap_SellingGeneralAndAdministrativeExpense
Total cost and expenses 332,564us-gaap_CostsAndExpenses 185,299us-gaap_CostsAndExpenses 755,760us-gaap_CostsAndExpenses 338,626us-gaap_CostsAndExpenses
Income from operations 42,976us-gaap_OperatingIncomeLoss 50,142us-gaap_OperatingIncomeLoss 22,759us-gaap_OperatingIncomeLoss 99,416us-gaap_OperatingIncomeLoss
Interest expense (42,442)us-gaap_InterestExpense (15,459)us-gaap_InterestExpense (85,152)us-gaap_InterestExpense (30,788)us-gaap_InterestExpense
Interest and other (expense) income (23)us-gaap_OtherNonoperatingIncomeExpense 622us-gaap_OtherNonoperatingIncomeExpense 286us-gaap_OtherNonoperatingIncomeExpense 636us-gaap_OtherNonoperatingIncomeExpense
Income (loss) before provision for income tax 511us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 35,305us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (62,107)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 69,264us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax (expense) benefit (93)us-gaap_IncomeTaxExpenseBenefit (14,305)us-gaap_IncomeTaxExpenseBenefit 27,948us-gaap_IncomeTaxExpenseBenefit (25,823)us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 418us-gaap_NetIncomeLoss 21,000us-gaap_NetIncomeLoss (34,159)us-gaap_NetIncomeLoss 43,441us-gaap_NetIncomeLoss
Net (loss) income per share, basic $ 0.01us-gaap_EarningsPerShareBasic $ 0.34us-gaap_EarningsPerShareBasic $ (0.54)us-gaap_EarningsPerShareBasic $ 0.71us-gaap_EarningsPerShareBasic
Net (loss) income per share, diluted $ 0.01us-gaap_EarningsPerShareDiluted $ 0.32us-gaap_EarningsPerShareDiluted $ (0.54)us-gaap_EarningsPerShareDiluted $ 0.68us-gaap_EarningsPerShareDiluted
Shares used in computing net income (loss) per share, basic 63,437us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 61,322us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 63,379us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 61,234us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Shares used in computing net income (loss) per share, diluted 75,453us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 64,909us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 63,379us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 64,253us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Comprehensive income (loss) $ 221us-gaap_ComprehensiveIncomeNetOfTax $ 21,411us-gaap_ComprehensiveIncomeNetOfTax $ (34,367)us-gaap_ComprehensiveIncomeNetOfTax $ 42,916us-gaap_ComprehensiveIncomeNetOfTax