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Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Total revenues $ 170,051 $ 141,329 $ 322,557 $ 272,261
Costs and expenses        
Cost of goods sold [1] 20,457 25,028 38,389 39,982
Research and development 16,385 15,455 37,224 49,735
Selling, general and administrative 100,476 69,535 190,935 130,992
Amortization of intangible assets 20,644 5,948 41,288 11,955
Contingent consideration expense (gain) 743 (8,750) 1,408 (7,730)
Total costs and expenses 158,705 107,216 309,244 224,934
Operating earnings 11,346 34,113 13,313 47,327
Other income (expense)        
Interest expense (1,810) (5,467) (3,752) (11,564)
Interest and other income, net 1,788 2,589 16,486 6,401
Total other income (expense) (22) (2,878) 12,734 (5,163)
Earnings before income taxes 11,324 31,235 26,047 42,164
Income tax (benefit) expense 3,459 7,509 (7,434) 12,744
Net earnings $ 7,865 $ 23,726 $ 33,481 $ 29,420
Earnings per share        
Basic (in dollars per share) $ 0.15 $ 0.45 $ 0.63 $ 0.56
Diluted (in dollars per share) $ 0.14 $ 0.43 $ 0.57 $ 0.54
Weighted average shares outstanding        
Basic (in shares) 53,426,163 53,005,344 53,378,319 52,985,472
Diluted (in shares) 61,397,159 54,724,146 61,401,694 54,601,533
Net product sales        
Revenues        
Total revenues $ 165,459 $ 138,628 $ 312,923 $ 267,009
Royalty revenues        
Revenues        
Total revenues $ 4,592 $ 2,701 $ 9,634 $ 5,252
[1] Excludes amortization of acquired intangible assets