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Condensed Consolidated Statements Of Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenue:    
Product $ 11,721 $ 13,032
Collaborative and license 5,508 364
Total revenue 17,229 13,396
Operating (income) expenses:    
Cost of product revenue 7,315 8,084
Research and development 3,161 2,632
Selling, general and administrative 5,928 4,500
Gain on sale of oilseed processing business (31,481) 0
Restructuring charges 7 2,838
Total operating (income) expenses (15,070) 18,054
Income (loss) from operations 32,299 (4,658)
Other income and expenses:    
Other (expense) income, net (341) 33
Interest expense (668) (1,094)
Gain on debt extinguishment upon repurchase of convertible notes 0 11,284
Loss on net change in fair value of derivative assets and liabilities (324) (1,813)
Total other (expense) income, net (1,333) 8,410
Net income from continuing operations before income taxes 30,966 3,752
Income tax provision (829) 0
Net income from continuing operations 30,137 3,752
Net (loss) income from discontinued operations (15) 61
Net income attributed to Verenium Corporation 30,122 3,813
Net income per share, basic:    
Continuing operations $ 2.39 $ 0.30
Discontinued operations $ 0.00 $ 0.00
Attributed to Verenium Corporation $ 2.39 $ 0.30
Net income per share, diluted:    
Continuing operations $ 2.32 $ 0.30
Discontinued operations $ 0.00 $ 0.00
Attributed to Verenium Corporation $ 2.32 $ 0.30
Shares used in calculating net income per share, basic 12,608 12,604
Shares used in calculating net income per share, diluted 13,192 12,604
Comprehensive income $ 30,122 $ 3,813