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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue      
Total revenues $ 392,755 $ 408,897 $ 302,238
Costs and expenses      
Cost of goods sold 16,660 15,356 15,215
Research and development 69,099 89,209 49,577
Selling, general and administrative 158,425 159,888 137,905
Total costs and expenses 244,184 264,453 202,697
Operating earnings 148,571 144,444 99,541
Other (expense) income      
Interest expense (22,707) (18,111) (1,568)
Interest income, net 21,623 13,843 2,645
Total (1,084) (4,268) 1,077
Earnings before income taxes 147,487 140,176 100,618
Income tax expense 34,431 29,183 43,334
Net earnings $ 113,056 $ 110,993 $ 57,284
Earnings per share:      
Basic (in dollars per share) $ 2.16 $ 2.13 $ 1.13
Diluted (in dollars per share) $ 2.10 $ 2.05 $ 1.08
Weighted-average shares outstanding      
Basic (in shares) 52,412,181 51,989,824 50,756,603
Diluted (in shares) 53,816,754 54,098,872 53,301,150
Net product sales      
Revenue      
Total revenues $ 383,400 $ 399,871 $ 294,097
Royalty revenue      
Revenue      
Total revenues 9,355 8,276 6,367
Licensing revenue      
Revenue      
Total revenues $ 0 $ 750 $ 1,774