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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES:    
Total revenues $ 648,833 $ 596,415
OPERATING EXPENSES:    
Cost of sales 125,180 135,472
Research and development 204,987 171,846
Selling, general and administrative 225,906 211,023
Intangible asset amortization 14,298 15,670
Gain on sale of nonfinancial assets (10,000) 0
Total operating expenses 560,371 534,011
INCOME FROM OPERATIONS 88,462 62,404
Interest income 19,365 11,943
Interest expense (3,547) (3,703)
Other income (expense), net 1,267 (13,887)
INCOME BEFORE INCOME TAXES 105,547 56,757
Provision for income taxes 16,885 5,905
NET INCOME $ 88,662 $ 50,852
EARNINGS PER SHARE, BASIC (in dollars per share) $ 0.47 $ 0.27
EARNINGS PER SHARE, DILUTED (in dollars per share) $ 0.46 $ 0.27
Weighted average common shares outstanding, basic (in shares) 188,866 186,667
Weighted average common shares outstanding, diluted (in shares) 199,262 194,363
COMPREHENSIVE INCOME $ 116,404 $ 43,997
Net product revenues    
REVENUES:    
Total revenues 637,815 586,426
Royalty and other revenues    
REVENUES:    
Total revenues $ 11,018 $ 9,989