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Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues        
Total revenues $ 102,140 $ 102,996 $ 292,309 $ 292,963
Costs and expenses        
Cost of goods sold 4,819 4,207 12,547 11,168
Research and development 16,943 20,422 49,307 59,368
Selling, general and administrative 40,649 40,892 122,700 117,838
Total costs and expenses 62,411 65,521 184,554 188,374
Operating earnings 39,729 37,475 107,755 104,589
Other income (expenses), net (139) (1,104) (1,180) (3,180)
Earnings before income taxes 39,590 36,371 106,575 101,409
Income tax expense 10,730 8,360 26,648 16,309
Net earnings $ 28,860 $ 28,011 $ 79,927 $ 85,100
Earnings per share        
Basic (in dollars per share) $ 0.55 $ 0.54 $ 1.53 $ 1.64
Diluted (in dollars per share) $ 0.54 $ 0.52 $ 1.48 $ 1.57
Weighted-average shares outstanding        
Basic (in shares) 52,453,384 52,227,630 52,392,232 51,897,240
Diluted (in shares) 53,805,838 54,239,847 53,898,486 54,098,330
Net product sales        
Revenues        
Total revenues $ 100,034 $ 100,227 $ 285,491 $ 286,377
Royalty revenues        
Revenues        
Total revenues 2,106 2,769 6,818 5,836
Licensing revenues        
Revenues        
Total revenues $ 0 $ 0 $ 0 $ 750