XML 21 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Collaboration revenue $ 0 $ 209,977 $ 50,909
Operating expenses:      
Research and development 41,737 66,289 196,295
General and administrative 23,612 35,683 50,178
Total operating expenses 65,349 101,972 246,473
Income (loss) from operations (65,349) 108,005 (195,564)
Interest income 2,389 1,522 1,704
Gain on extinguishment of Royalty Purchase Liability 125,000 0 0
Other income (expense) (16) (34) 34
Income (loss) before income tax benefit 62,024 109,493 (193,826)
Income tax benefit (1,063) (4,712) (406)
Net income (loss) $ 63,087 $ 114,205 $ (193,420)
Net income (loss) per common share:      
Basic (in dollars per share) $ 1.70 $ 3.18 $ (5.45)
Dilutive (in dollars per share) $ 1.70 $ 3.17 $ (5.45)
Weighted average common shares outstanding:      
Basic (in shares) 37,061 35,919 35,486
Dilutive (in shares) 37,088 36,007 35,486