XML 23 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
REVENUES:        
Total revenues $ 247,529 $ 279,872 $ 493,749 $ 502,974
EXPENSES:        
Cost of goods manufactured and sold (exclusive of amortization of acquired intangible assets shown below) 45,053 46,223 92,264 91,584
Research and development 94,222 104,435 187,501 207,005
Selling, general and administrative 132,025 155,075 265,397 296,295
Amortization of acquired intangible assets 9,890 10,062 19,618 20,014
Total expenses 281,190 315,795 564,780 614,898
OPERATING LOSS (33,661) (35,923) (71,031) (111,924)
OTHER INCOME (EXPENSE), NET:        
Interest income 1,788 3,706 4,548 7,276
Interest expense (2,122) (3,520) (4,979) (7,020)
Change in the fair value of contingent consideration 5,900 (6,500) 12,700 (29,100)
Other income, net 2,337 1,851 1,679 130
Total other income (expense), net 7,903 (4,463) 13,948 (28,714)
LOSS BEFORE INCOME TAXES (25,758) (40,386) (57,083) (140,638)
INCOME TAX PROVISION (BENEFIT) 3,673 1,604 11,002 (2,250)
NET LOSS $ (29,431) $ (41,990) $ (68,085) $ (138,388)
LOSS PER ORDINARY SHARE:        
Basic and diluted (in dollars loss per ordinary share) $ (0.19) $ (0.27) $ (0.43) $ (0.88)
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES OUTSTANDING:        
Basic and diluted (in shares) 158,895 156,991 158,495 156,665
COMPREHENSIVE LOSS:        
Net loss $ (29,431) $ (41,990) $ (68,085) $ (138,388)
Unrealized gain, net of a tax provision of $409, $265, $496 and $494, respectively 1,398 896 1,715 1,666
COMPREHENSIVE LOSS (28,033) (41,094) (66,370) (136,722)
Product sales, net        
REVENUES:        
Total revenues 130,415 136,635 260,141 236,116
Manufacturing and royalty revenues        
REVENUES:        
Total revenues 116,505 127,897 232,756 236,812
Research and development revenue        
REVENUES:        
Total revenues $ 609 14,340 $ 852 29,046
License revenue        
REVENUES:        
Total revenues   $ 1,000   $ 1,000