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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Product sales $ 71,479 $ 55,872 $ 77,076 $ 94,725
Contracts and grants 16,662 6,266 29,598 14,213
Total revenues 88,141 62,138 106,674 108,938
Operating expenses:        
Cost of product sales 16,069 11,076 17,137 18,584
Research and development 31,481 18,602 66,240 38,524
Selling, general and administrative 20,384 17,649 38,596 33,841
Income (loss) from operations 20,207 14,811 (15,299) 17,989
Other income (expense):        
Interest income 24 376 59 764
Interest expense (6) (2) (6) (7)
Other income (expense), net (39) 6 (40) (2)
Total other income (expense) (21) 380 13 755
Income (loss) before provision for (benefit from) income taxes 20,186 15,191 (15,286) 18,744
Provision for (benefit from) income taxes 7,663 5,757 (4,636) 7,392
Net income (loss) 12,523 9,434 (10,650) 11,352
Net loss attributable to noncontrolling interests 1,687 374 3,463 979
Net income (loss) attributable to Emergent BioSolutions Inc. $ 14,210 $ 9,808 $ (7,187) $ 12,331
Earnings per share - basic $ 0.40 $ 0.32 $ (0.20) $ 0.40
Earnings per share - diluted $ 0.39 $ 0.31 $ (0.20) $ 0.39
Weighted-average number of shares - basic 35,619,514 31,097,445 35,400,906 30,989,308
Weighted-average number of shares - diluted 36,667,452 31,900,000 35,400,906 31,666,976