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Consolidated Statements of Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenue:      
Product $ 43,355 $ 55,995 $ 50,351
Contract manufacturing 5,547 0 0
Collaborative and license 8,269 5,272 1,722
Total revenue 57,171 61,267 52,073
Operating (income) expenses:      
Cost of product and contract manufacturing revenue 32,096 34,481 31,715
Research and development 15,060 11,038 6,198
Selling, general and administrative 19,567 18,991 27,662
Gain on sale of oilseed processing business (31,278) 0 0
Restructuring charges 30 2,943 0
Total operating expenses 35,475 67,453 65,575
Income (loss) from operations 21,696 (6,186) (13,502)
Other income and expenses:      
Other income (expense), net (567) 56 (24)
Interest expense (2,086) (3,088) (7,457)
Gain (loss) on debt extinguishment upon repurchase of convertible notes 0 15,349 (3,384)
Loss on net change in fair value of derivative assets and liabilities (548) (869) (145)
Gain on debt extinguishment upon conversion of convertible notes 0 0 598
Total other income and (expenses), net (3,201) 11,448 (10,412)
Net income (loss) from continuing operations before income taxes 18,495 5,262 (23,914)
Income tax (provision) benefit (226) 368 9,748
Net income (loss) from continuing operations 18,269 5,630 (14,166)
Net (loss) income from discontinued operations, net of $55.9 million gain on divestiture of discontinued operations, net of income tax of $9.7 million for the year ended December 31, 2010 (56) (112) 8,816
Net income (loss) 18,213 5,518 (5,350)
Less: Loss attributed to noncontrolling interests in consolidated entities - discontinued operations 0 0 25,283
Net income attributed to Verenium Corporation 18,213 5,518 19,933
Net income (loss) per share, basic:      
Continuing operations $ 1.44 $ 0.45 $ (1.15)
Discontinued operations $ 0.00 $ (0.01) $ 0.72
Attributed to Verenium Corporation $ 1.43 $ 0.44 $ 1.62
Net income (loss) per share, diluted:      
Continuing operations $ 1.41 $ 0.45 $ (1.15)
Discontinued operations $ 0.00 $ (0.01) $ 0.72
Attributed to Verenium Corporation $ 1.41 $ 0.44 $ 1.62
Shares used in calculating net income (loss) per share, basic 12,693 12,608 12,321
Shares used in calculating net income (loss) per share, diluted 12,933 12,608 12,321
Comprehensive income $ 18,213 $ 5,518 $ 19,933