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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenue:        
Revenue from collaboration agreement $ 70,744 $ 75,041 $ 215,479 $ 210,142
Product revenue 18,636   18,636  
Royalty revenue 131   131  
Total revenue 89,511 75,041 234,246 210,142
Operating expenses:        
Cost of goods sold (excludes amortization of certain acquired intangible assets) 496   496  
Research and development 85,667 58,532 242,683 184,071
Selling, general and administrative 61,747 42,642 149,598 115,349
Contingent consideration 9,843 5,945 66,235 23,195
Lease termination exit costs   130   10,857
Intangible asset amortization 4,110   4,110  
Total operating expenses 161,863 107,249 463,122 333,472
Loss from operations (72,352) (32,208) (228,876) (123,330)
Investment income, net 625 435 2,002 1,728
Interest expense (5,456) (5,112) (16,126) (15,155)
Other income (expense) (1,194) 25 2,365 (3,776)
Loss before provision (benefit) for income taxes (78,377) (36,860) (240,635) (140,533)
Provision (benefit) for income taxes (95,773)   (95,769) 32
Net income (loss) $ 17,396 $ (36,860) $ (144,866) $ (140,565)
Basic net income (loss) per share (in dollars per share) $ 0.26 $ (0.58) $ (2.25) $ (2.22)
Diluted net income (loss) per share (in dollars per share) $ 0.25 $ (0.58) $ (2.25) $ (2.22)
Shares used in computing basic net income (loss) per share (in shares) 65,831 63,555 64,362 63,328
Shares used in computing diluted net income (loss) per share (in shares) 68,463 63,555 64,362 63,328