XML 50 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Statements of Operations    
Collaboration Revenue $ 41,678us-gaap_SalesRevenueServicesNet  
Costs and expenses:    
Research and development 24,557us-gaap_ResearchAndDevelopmentExpense 14,377us-gaap_ResearchAndDevelopmentExpense
General and administrative 9,584us-gaap_GeneralAndAdministrativeExpense 6,349us-gaap_GeneralAndAdministrativeExpense
Total costs and expenses 34,141us-gaap_CostsAndExpenses 20,726us-gaap_CostsAndExpenses
Income (loss) from operations 7,537us-gaap_OperatingIncomeLoss (20,726)us-gaap_OperatingIncomeLoss
Interest income 73us-gaap_InterestIncomeExpenseNonoperatingNet 44us-gaap_InterestIncomeExpenseNonoperatingNet
Income (loss) before income tax provision 7,610us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (20,682)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Net income (loss) $ 7,610us-gaap_NetIncomeLoss $ (20,682)us-gaap_NetIncomeLoss
Net income (loss) per common share:    
Basic(in dollars per share) $ 0.22us-gaap_EarningsPerShareBasic $ (0.64)us-gaap_EarningsPerShareBasic
Diluted( in dollars per share) $ 0.22us-gaap_EarningsPerShareDiluted $ (0.64)us-gaap_EarningsPerShareDiluted
Weighted average common shares outstanding:    
Basic (in shares) 34,154us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 32,282us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 35,239us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 32,282us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding