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REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Changes and Error Corrections [Abstract]  
Schedule of effects of corrections and prior period adjustments
The following tables present the effect of the revisions to our unaudited condensed consolidated statements of operations for the three months ended March 31, 2019, June 30, 2019, September 30, 2019 and December 31, 2019 to correct for immaterial errors in prior periods as further described in Note X, “Revision of Prior Period Financial Statements” (in thousands, except per share amounts):

 
Three Months Ended March 31, 2019
 
Three Months Ended June 30, 2019
 
As reported
 
Adj
 
As adjusted
 
As reported
 
Adj
 
As adjusted
Product sales, net
$
75,729

 
$
(316
)
 
$
75,413

 
$
77,976

 
$
(342
)
 
$
77,634

Total revenues
75,804

 
(316
)
 
75,488

 
78,109

 
(342
)
 
77,767

Income tax (benefit) expense
(137
)
 

 
(137
)
 
(120
)
 

 
(120
)
Net loss
$
(122,084
)
 
$
(316
)
 
$
(122,400
)
 
$
(120,827
)
 
$
(342
)
 
$
(121,169
)
 
 
 
 
 
 
 
 
 
 
 
 
Basic and diluted net loss per share
$
(3.54
)
 
$
(0.01
)
 
$
(3.55
)
 
$
(3.57
)
 
$
(0.01
)
 
$
(3.58
)

 
Three Months Ended September 30, 2019
 
Three Months Ended December 31, 2019
 
As reported
 
Adj
 
As adjusted
 
As reported
 
Adj
 
As adjusted
Product sales, net
$
84,107

 
$
(323
)
 
$
83,784

 
$
73,378

 
$
(224
)
 
$
73,154

Total revenues
84,131

 
(323
)
 
83,808

 
89,707

 
(224
)
 
89,483

Income tax (benefit) expense
232

 

 
232

 
(21
)
 

 
(21
)
Net loss
$
(23,617
)
 
$
(323
)
 
$
(23,940
)
 
$
(199,928
)
 
$
(224
)
 
$
(200,152
)
 
 
 
 
 
 
 
 
 
 
 
 
Basic and diluted net loss per share
$
(0.70
)
 
$
(0.01
)
 
$
(0.71
)
 
$
(5.89
)
 
$
(0.01
)
 
$
(5.90
)


The following tables present the effect of the revisions to our unaudited condensed consolidated statements of operations for the three months ended March 31, 2018, June 30, 2018, September 30, 2018 and December 31, 2018 to correct for immaterial errors in prior periods as further described in Note X, “Revision of Prior Period Financial Statements” (in thousands, except per share amounts):

 
Three Months Ended March 31, 2018
 
Three Months Ended June 30, 2018
 
As reported
 
Adj
 
As adjusted
 
As reported
 
Adj
 
As adjusted
Product sales, net
$
117,348

 
$
(520
)
 
$
116,828

 
$
146,219

 
$
(591
)
 
$
145,628

Total revenues
117,387

 
(520
)
 
116,867

 
146,254

 
(591
)
 
145,663

Income tax (benefit) expense
(8,000
)
 
376

 
(7,624
)
 
52,556

 
387

 
52,943

Net loss
$
(54,242
)
 
$
(896
)
 
$
(55,138
)
 
$
(20,081
)
 
$
(978
)
 
$
(21,059
)
 
 
 
 
 
 
 
 
 
 
 
 
Basic and diluted net loss per share
$
(1.59
)
 
$
(0.02
)
 
$
(1.61
)
 
$
(0.58
)
 
$
(0.03
)
 
$
(0.61
)

 
Three Months Ended September 30, 2018
 
Three Months Ended December 31, 2018
 
As reported
 
Adj
 
As adjusted
 
As reported
 
Adj
 
As adjusted
Product sales, net
$
122,238

 
$
(592
)
 
$
121,646

 
$
88,047

 
$
(251
)
 
$
87,796

Total revenues
122,238

 
(592
)
 
121,646

 
88,122

 
(251
)
 
87,871

Income tax (benefit) expense
(2,352
)
 
12

 
(2,340
)
 
(2,550
)
 
7

 
(2,543
)
Net loss
$
30,839

 
$
(604
)
 
$
30,235

 
$
(22,277
)
 
$
(258
)
 
$
(22,535
)
 
 
 
 
 
 
 
 
 
 
 
 
Basic and diluted net loss per share
$
0.89

 
$
(0.01
)
 
$
0.88

 
$
(0.64
)
 
$
(0.01
)
 
$
(0.65
)



The effect of the corrections to our consolidated statements of operations for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands, except per share amounts):

 
Year Ended December 31, 2019
 
As reported
 
Adjustment
 
As adjusted
Product sales, net
$
311,190

 
$
(1,205
)
 
$
309,985

Total revenues
327,751

 
(1,205
)
 
326,546

Income tax (benefit) expense
(47
)
 

 
(47
)
Net loss from continuing operations
(466,456
)
 
(1,205
)
 
(467,661
)
Net loss
$
(466,456
)
 
$
(1,205
)
 
$
(467,661
)
 
 
 
 
 
 
Basic and diluted net loss per share
$
(13.71
)
 
$
(0.03
)
 
$
(13.74
)

 
Year Ended December 31, 2018
 
As reported
 
Adjustment
 
As adjusted
Product sales, net
$
473,852

 
$
(1,954
)
 
$
471,898

Total revenues
474,002

 
(1,954
)
 
472,048

Income tax (benefit) expense
39,654

 
782

 
40,436

Net loss from continuing operations
(169,339
)
 
(2,736
)
 
(172,075
)
Net loss
$
(65,761
)
 
$
(2,736
)
 
$
(68,497
)
 
 
 
 
 
 
Basic and diluted net loss per share
$
(1.91
)
 
$
(0.08
)
 
$
(1.99
)

 
Year Ended December 31, 2017
 
As reported
 
Adjustment
 
As adjusted
Product sales, net
$
495,645

 
$
(1,802
)
 
$
493,843

Total revenues
495,769

 
(1,802
)
 
493,967

Income tax (benefit) expense
(175,254
)
 
(267
)
 
(175,521
)
Net loss from continuing operations
(205,153
)
 
(1,535
)
 
(206,688
)
Net loss
$
(199,228
)
 
$
(1,535
)
 
$
(200,763
)
 
 
 
 
 
 
Basic and diluted net loss per share
$
(5.71
)
 
$
(0.04
)
 
$
(5.75
)