XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Revenues $ 7,881 $ 40,031 $ 8,765 $ 172,422
Type of Revenue [Extensible List] us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember
Operating Expenses        
Cost of revenues $ 1,927 $ 3,872 $ 1,956 $ 6,280
Research and development 29,483 21,486 54,686 41,036
General and administrative 13,405 8,318 24,963 16,698
Total operating expenses 44,753 33,681 81,543 64,047
Other operating expenses (income) (62) 5 (62) 33
Income (loss) from operations (36,872) 6,350 (72,778) 108,375
Other Income        
Interest income from licensing 762 6,898 1,375 8,253
Investment income 34,524 1,196 37,519 2,055
Total other income 35,286 8,094 38,894 10,308
Income (loss) before income taxes (1,586) 14,444 (33,884) 118,683
Income Tax Benefit (Expense) 129 (3,850) 199 (3,850)
Net income (loss) (1,457) 10,594 (33,685) 114,833
Other Comprehensive Income (Loss)        
Unrealized gain (loss) on available-for-sale securities, net of reclassifications and income tax expense 530 132 1,151 (56)
Total other comprehensive income (loss) 530 132 1,151 (56)
Comprehensive income (loss) (927) 10,726 (32,534) 114,777
Net income (loss) applicable to common stockholders $ (1,457) $ 10,594 $ (33,685) $ 114,833
Net income (loss) per share:        
Basic $ (0.04) $ 0.33 $ (0.92) $ 3.60
Diluted $ (0.04) $ 0.30 $ (0.92) $ 3.29
Weighted-average common shares outstanding:        
Basic 36,669 32,082 36,518 31,858
Diluted 36,669 35,272 36,518 34,884