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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Total revenues $ 4,068,950 $ 3,834,204 $ 3,659,374
Operating expenses:      
Cost of product sales (excluding amortization of acquired developed technologies) 445,713 435,577 540,517
Selling, general and administrative 1,385,294 1,343,105 1,416,967
Research and development 884,000 849,658 590,453
Intangible asset amortization 627,313 608,284 599,169
Acquired in-process research and development 10,000 19,000 444,148
Intangible asset impairment charge 0 0 133,648
Total operating expenses 3,352,320 3,255,624 3,724,902
Income (loss) from operations 716,630 578,580 (65,528)
Interest expense, net (238,097) (289,438) (288,242)
Foreign exchange gain (loss) (8,182) 8,787 (19,014)
Income (loss) before income tax benefit and equity in loss of investees 470,351 297,929 (372,784)
Income tax benefit (91,429) (119,912) (158,645)
Equity in loss of investees 1,660 3,009 9,921
Net income (loss) $ 560,120 $ 414,832 $ (224,060)
Net income (loss) per ordinary share:      
Basic (in dollars per share) $ 9.06 $ 6.55 $ (3.58)
Diluted (in dollars per share) $ 8.65 $ 6.10 $ (3.58)
Weighted-average ordinary shares used in per share calculations - basic (in shares) 61,838 63,291 62,539
Weighted-average ordinary shares used in per share calculations - diluted (in shares) 66,007 72,066 62,539
Product sales, net      
Revenues:      
Total revenues $ 3,821,164 $ 3,736,943 $ 3,641,429
Royalties and contract revenues      
Revenues:      
Total revenues $ 247,786 $ 97,261 $ 17,945