XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
REVENUES:        
Total revenues $ 391,706 $ 334,148 $ 1,137,998 $ 955,341
OPERATING EXPENSES:        
Cost of sales 78,893 59,480 240,245 165,791
Research and development 161,408 154,103 520,938 442,145
Selling, general and administrative 148,566 130,532 440,182 394,056
Intangible asset amortization and contingent consideration 18,580 3,760 42,009 26,096
Gain on sale of intangible assets 0 0 20,000 0
Total operating expenses 407,447 347,875 1,223,374 1,028,088
LOSS FROM OPERATIONS (15,741) (13,727) (85,376) (72,747)
Equity in the loss of BioMarin/Genzyme LLC (468) (253) (507) (996)
Interest income 6,338 3,976 17,141 10,031
Interest expense (12,131) (10,884) (35,918) (31,043)
Other income, net 2,589 267 5,266 4,282
LOSS BEFORE INCOME TAXES (19,413) (20,621) (99,394) (90,473)
Benefit from income taxes (6,793) (8,094) (25,833) (24,823)
NET LOSS $ (12,620) $ (12,527) $ (73,561) $ (65,650)
NET LOSS PER SHARE, BASIC AND DILUTED $ (0.07) $ (0.07) $ (0.42) $ (0.38)
Weighted average common shares outstanding, basic and diluted 177,481 175,103 176,767 174,071
COMPREHENSIVE LOSS $ (13,651) $ (19,303) $ (52,174) $ (99,900)
Net Product Revenues        
REVENUES:        
Total revenues 386,320 298,752 1,123,205 916,868
Royalty and Other Revenues        
REVENUES:        
Total revenues $ 5,386 $ 35,396 $ 14,793 $ 38,473