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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 122,710 $ 99,582 $ 221,219 $ 184,948
Operating costs and expenses:        
Cost of sales [1] 15,405 12,045 27,925 21,991
Research and development 2,985 3,954 5,566 7,516
Selling, general and administrative [1] 40,730 28,396 87,668 58,114
Amortization of intangible assets 9,344 8,488 18,688 15,019
Total operating costs and expenses 68,464 52,883 139,847 102,640
Operating income 54,246 46,699 81,372 82,308
Other income, net 1,542 1,813 3,505 3,517
Net income before income taxes 55,788 48,512 84,877 85,825
Income tax provision 14,994 10,750 20,808 18,495
Net income $ 40,794 $ 37,762 $ 64,069 $ 67,330
Net income per share:        
Basic $ 0.35 $ 0.36 $ 0.55 $ 0.64
Diluted $ 0.33 $ 0.33 $ 0.52 $ 0.59
Weighted average shares outstanding:        
Basic 118,180,396 106,258,790 117,493,257 105,911,936
Diluted 124,655,999 113,673,534 124,028,752 113,840,155
Net income $ 40,794 $ 37,762 $ 64,069 $ 67,330
Other comprehensive income (Note 4):        
Unrealized gain (loss) on available-for-sale securities, net of tax of $0, ($3), $4 and $2, respectively 0 8 (14) (5)
Comprehensive income 40,794 37,770 64,055 67,325
Product revenue, net [Member]        
Revenues:        
Total revenues 122,653 99,477 221,094 184,781
License and other revenue [Member]        
Revenues:        
Total revenues $ 57 $ 105 $ 125 $ 167
[1] exclusive of amortization of intangible assets