XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total revenues $ 81,106 $ 65,077 $ 150,261 $ 117,243
Cost and expenses:        
Cost of revenues, excluding amortization of acquired intangible assets 4,065 3,502 6,672 4,033
Write-down of commercial supply and inventory to net realizable value and loss on non-cancellable purchase commitments 1,836 96 1,836 96
Research and development 38,932 37,344 75,437 71,046
Selling, general and administrative 68,363 57,792 127,864 113,396
Amortization of acquired intangible assets 3,476 421 6,952 841
Loss on fair value remeasurement of contingent consideration 1,962 6,933 2,474 8,547
Restructuring expenses 2,392   4,814  
Total cost and expenses 121,026 106,088 226,049 197,959
Loss from operations (39,920) (41,011) (75,788) (80,716)
Other (expense) income:        
Interest expense (9,383) (9,046) (18,656) (18,029)
Interest and investment income 732 496 1,413 891
(Loss) gain on derivatives (809) 5,337 507 3,138
Loss on extinguishment of debt       (2,009)
Other expense, net (9,460) (3,213) (16,736) (16,009)
Net loss $ (49,380) $ (44,224) $ (92,524) $ (96,725)
Net loss per share—basic and diluted $ (0.32) $ (0.30) $ (0.61) $ (0.65)
Weighted average number of common shares used in net loss per share—basic and diluted: 152,163 148,778 151,591 148,285
Collaborative arrangements        
Revenues:        
Total revenues $ 71,207 $ 58,640 $ 134,293 $ 110,504
Product        
Revenues:        
Total revenues 1,096 465 1,731 754
Active pharmaceutical ingredient        
Revenues:        
Total revenues $ 8,803 $ 5,972 $ 14,237 $ 5,985