XML 107 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES:      
Total revenues $ 1,704,048 $ 1,491,212 $ 1,313,646
OPERATING EXPENSES:      
Cost of sales 359,466 315,264 241,786
Research and development 715,007 696,328 610,753
Selling, general and administrative 680,924 604,353 554,336
Intangible asset amortization and contingent consideration 74,108 48,791 46,471
Gain on sale of intangible assets (25,000) (50,000) (125,000)
Total operating expenses 1,804,505 1,614,736 1,328,346
LOSS FROM OPERATIONS (100,457) (123,524) (14,700)
Equity in the loss of BioMarin/Genzyme LLC (587) (553) (1,291)
Interest income 22,748 22,831 14,853
Interest expense (23,460) (43,664) (42,707)
Other income, net 6,945 2,205 7,970
LOSS BEFORE INCOME TAXES (94,811) (142,705) (35,875)
Provision for (benefit from) income taxes (70,963) (65,494) 81,167
NET LOSS $ (23,848) $ (77,211) $ (117,042)
NET LOSS PER SHARE, BASIC (in usd per share) $ (0.13) $ (0.44) $ (0.67)
NET LOSS PER SHARE, DILUTED (in usd per share) $ (0.13) $ (0.44) $ (0.67)
Weighted average common shares outstanding, basic 179,039 177,061 174,427
Weighted average common shares outstanding, diluted 179,039 177,268 174,427
Product      
REVENUES:      
Total revenues $ 1,661,043 $ 1,470,356 $ 1,270,445
Royalty and Other Revenues      
REVENUES:      
Total revenues $ 43,005 $ 20,856 $ 43,201