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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating activities    
Net income $ 43,425 $ 27,681
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of intangible assets 19,555 13,513
Depreciation 575 186
Loss on disposal of property and equipment 40 0
Share-based compensation 8,757 3,281
Excess tax benefit from share-based compensation (889) (1,914)
Acquisition accounting inventory fair value step-up 1,545 2,369
Change in fair value of contingent consideration 4,500 0
Deferred income taxes (3,874) 0
Provision for losses on accounts receivable and inventory 142 43
Other non-cash transactions 1,975 42
Changes in assets and liabilities:    
Accounts receivable (18,911) (8,794)
Inventories 1,231 (101)
Prepaid expenses and other current assets (6,272) (2,217)
Other long-term assets (999) (298)
Accounts payable 16,158 4,649
Accrued liabilities (2,660) (6,539)
Income taxes payable (1,397) 0
Deferred revenue (207) (285)
Other non-current liabilities 3,196 (1)
Liability under government settlement 0 (7,320)
Net cash provided by operating activities 65,890 24,295
Investing activities    
Cash acquired from merger with Azur Pharma 0 81,751
Purchases of marketable securities 0 (30,628)
Proceeds from sale of marketable securities 0 15,082
Proceeds from maturities of marketable securities 0 17,838
Purchases of intangible assets (1,300) 0
Purchases of property and equipment (1,143) (285)
Purchase of product rights 0 (1,250)
Net cash provided by (used in) investing activities (2,443) 82,508
Financing activities    
Proceeds from exercise of share options and warrants 9,609 5,160
Payment of employee withholding taxes related to share-based awards (1,427) (25,299)
Excess tax benefit from share-based compensation 889 1,914
Repayment of long-term debt (5,938) 0
Net cash provided by (used in) financing activities 3,133 (18,225)
Effect of exchange rates on cash and cash equivalents (3,265) 0
Net increase in cash and cash equivalents 63,315 88,578
Cash and cash equivalents, at beginning of period 387,196 82,076
Cash and cash equivalents, at end of period $ 450,511 $ 170,654