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SHARE-BASED COMPENSATION
 3 Months Ended
Mar. 31, 2016
SHARE-BASED COMPENSATION  
SHARE-BASED COMPENSATION

11. SHARE-BASED COMPENSATION

 

Share-based compensation expense consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

March 31, 

 

(In thousands)

 

2016

 

2015

 

Cost of goods manufactured and sold

 

$
2,279

 

$
2,017

 

Research and development

 

 
6,430

 

 
4,457

 

Selling, general and administrative

 

 
15,547

 

 
10,855

 

Total share-based compensation expense

 

$
24,256

 

$
17,329

 

 

At March 31, 2016 and December 31, 2015,  $1.1 million of share-based compensation cost was capitalized and recorded as “Inventory” in the accompanying condensed consolidated balance sheets.