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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Royalties $ 8,044 $ 9,771 $ 17,608 $ 20,092
Contract research and development 0 33 0 136
Miscellaneous income 12 427 631 604
Total revenues 8,056 10,231 18,239 20,832
Operating expenses:        
Research and development - pipeline 294 5,673 1,872 12,587
Research and development - specialty and contracted services 0 28 0 113
General and administrative 2,398 4,358 5,347 8,033
Restructuring charges 464 (70) 2,970 (107)
Total operating expenses 3,156 9,989 10,189 20,626
Operating income 4,900 242 8,050 206
Other income (expense):        
Investment income, net 103 523 530 1,001
Interest expense (850) (1,364) (2,124) (2,781)
Other, net 646 (97) 866 (193)
Total other expense (101) (938) (728) (1,973)
Income (loss) before income tax expense 4,799 (696) 7,322 (1,767)
Income tax expense 80 33 213 33
Net income (loss) 4,719 (729) 7,109 (1,800)
Earnings (loss) per common share        
Basic (in dollars per share) $ 0.11 $ (0.02) $ 0.16 $ (0.04)
Diluted (in dollars per share) $ 0.09 $ (0.02) $ 0.14 $ (0.04)
Weighted-average shares - basic (in shares) 43,729 48,176 43,711 48,234
Weighted-average shares - diluted (in shares) 55,272 48,176 58,197 48,234
Special cash dividend paid per common share $ 1.60 $ 0 $ 1.60 $ 0
Other comprehensive income (loss):        
Unrealized holding gains (losses) arising during period (3) (57) 234 480
Reclassification adjustment for realized losses (gains) on sales included in net income (loss) (39) (16) (320) 19
Total other comprehensive income (loss) (42) (73) (86) 499
Comprehensive income (loss) $ 4,677 $ (802) $ 7,023 $ (1,301)