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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUES:    
Net product revenues $ 302,190 $ 235,357
Royalty and other revenues 1,555 1,379
Total revenues 303,745 236,736
OPERATING EXPENSES:    
Cost of sales 50,006 43,118
Research and development 145,003 158,793
Selling, general and administrative 120,019 105,300
Intangible asset amortization and contingent consideration 8,925 10,442
Total operating expenses 323,953 317,653
LOSS FROM OPERATIONS (20,208) (80,917)
Equity in the loss of BioMarin/Genzyme LLC (523) (135)
Interest income 3,072 1,571
Interest expense (10,119) (9,843)
Other income 3,472 198
LOSS BEFORE INCOME TAXES (24,306) (89,126)
Benefit from income taxes (8,016) (6,075)
NET LOSS $ (16,290) $ (83,051)
NET LOSS PER SHARE, BASIC AND DILUTED $ (0.09) $ (0.51)
Weighted average common shares outstanding, basic and diluted 172,710 161,548
COMPREHENSIVE LOSS $ (24,086) $ (104,037)