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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUES:    
Total revenues $ 596,415 $ 519,359
OPERATING EXPENSES:    
Cost of sales 126,549 116,965
Research and development 171,846 160,836
Selling, general and administrative 223,003 194,619
Intangible asset amortization and contingent consideration 15,670 17,612
Gain on sale of nonfinancial assets, net 0 (108,000)
Total operating expenses 537,068 382,032
INCOME FROM OPERATIONS 59,347 137,327
Interest income 11,943 1,820
Interest expense (3,703) (3,806)
Other expense, net (10,830) (1,154)
INCOME BEFORE INCOME TAXES 56,757 134,187
Provision for income taxes 5,905 13,389
NET INCOME $ 50,852 $ 120,798
Earnings per share, basic (in dollars per share) $ 0.27 $ 0.66
Earnings per share, diluted (in dollars per share) $ 0.27 $ 0.63
Weighted average common shares outstanding, basic (in shares) 186,667 183,990
Weighted average common shares outstanding, diluted (in shares) 194,363 194,886
COMPREHENSIVE INCOME $ 43,997 $ 105,489
Net product revenues    
REVENUES:    
Total revenues 586,426 505,525
Royalty and other revenues    
REVENUES:    
Total revenues $ 9,989 $ 13,834