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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Products, net $ 513,123 $ 360,548 $ 1,124,646 $ 720,032
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Collaboration and other $ 97,968 $ 2,383 $ 231,301 $ 56,363
Total revenues 611,091 362,931 1,355,947 776,395
Cost and expenses:        
Cost of sales (excluding amortization of in-licensed rights) 152,558 44,545 290,122 95,104
Research and development 204,392 179,690 977,840 380,086
Selling, general and administrative 137,897 138,796 271,526 265,799
Amortization of in-licensed rights 667 601 1,268 1,202
Total cost and expenses 495,514 363,632 1,540,756 742,191
Operating income (loss) 115,577 (701) (184,809) 34,204
Other income (loss), net:        
Other income (expense), net 38,061 14,278 (45,071) 20,821
Income (loss) before income tax expense 153,638 13,577 (229,880) 55,025
Income tax (benefit) expense (43,254) 7,117 20,736 12,446
Segment net income (loss) 196,892 6,460 (250,616) 42,579
Other comprehensive (loss) income:        
Unrealized (losses) gains on investments, net of tax (85) (339) 167 (1,948)
Total other comprehensive (loss) income (85) (339) 167 (1,948)
Comprehensive income (loss) $ 196,807 $ 6,121 $ (250,449) $ 40,631
Earnings (loss) per share:        
Basic $ 2.01 $ 0.07 $ (2.57) $ 0.45
Diluted $ 1.89 $ 0.07 $ (2.57) $ 0.44
Weighted average number of shares of common stock used in computing earnings (loss) per share:        
Basic 98,005 94,618 97,685 94,305
Diluted 106,623 99,144 97,685 99,129