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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
REVENUES:    
Total revenues $ 519,359 $ 486,030
OPERATING EXPENSES:    
Cost of sales 116,965 120,166
Research and development 160,836 148,725
Selling, general and administrative 194,619 174,318
Intangible asset amortization and contingent consideration 17,612 17,735
Gain on sale of nonfinancial assets, net (108,000) 0
Total operating expenses 382,032 460,944
INCOME FROM OPERATIONS 137,327 25,086
Interest income 1,820 2,439
Interest expense (3,806) (3,804)
Other expense, net (1,154) (493)
INCOME BEFORE INCOME TAXES 134,187 23,228
Provision for income taxes 13,389 5,857
NET INCOME $ 120,798 $ 17,371
NET INCOME PER SHARE, BASIC (in dollars per share) $ 0.66 $ 0.10
NET INCOME PER SHARE, DILUTED (in dollars per share) $ 0.63 $ 0.09
Weighted average common shares outstanding, basic (in shares) 183,990 181,772
Weighted average common shares outstanding, diluted (in shares) 194,886 184,365
COMPREHENSIVE INCOME $ 105,489 $ 38,514
Net product revenues    
REVENUES:    
Total revenues 505,525 467,769
Royalty and other revenues    
REVENUES:    
Total revenues $ 13,834 $ 18,261