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Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Total revenues $ 104,695 $ 99,538 $ 190,169 $ 189,967
Costs and expenses        
Cost of product sales 4,044 3,683 7,728 6,961
Research and development 16,970 20,038 32,364 38,946
Selling, general and administrative 41,083 40,097 82,051 76,946
Total costs and expenses 62,097 63,818 122,143 122,853
Operating earnings 42,598 35,720 68,026 67,114
Other income (expenses), net 148 (1,864) (1,041) (2,076)
Earnings before income taxes 42,746 33,856 66,985 65,038
Income tax expense 10,019 3,119 15,918 7,949
Net earnings $ 32,727 $ 30,737 $ 51,067 $ 57,089
Earnings per share        
Basic (in dollars per share) $ 0.62 $ 0.59 $ 0.98 $ 1.10
Diluted (in dollars per share) $ 0.61 $ 0.57 $ 0.95 $ 1.06
Weighted-average shares outstanding        
Basic (in shares) 52,385,590 51,919,894 52,361,149 51,729,243
Diluted (in shares) 53,912,977 54,203,308 53,947,834 54,021,941
Net product sales        
Revenues        
Total revenues $ 102,358 $ 97,030 $ 185,457 $ 186,150
Royalty revenues        
Revenues        
Total revenues 2,337 1,758 4,712 3,067
Licensing revenues        
Revenues        
Total revenues $ 0 $ 750 $ 0 $ 750