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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Product revenues, net $ 212,116 $ 142,406 $ 395,383 $ 257,736
Product royalty revenues 25,958 17,364 47,860 33,037
Contract revenues 8,214 3,214 66,429 31,429
Other revenues     80 58
Total revenues 246,288 162,984 509,752 322,260
Costs and expenses:        
Cost of product revenues (including definite-lived intangible amortization) 12,367 6,254 18,372 9,229
Research and development 120,269 112,445 277,092 230,809
Selling, general and administrative 66,792 51,679 131,390 96,548
Change in fair value of acquisition-related contingent consideration 2,271   2,271  
Total costs and expenses 201,699 170,378 429,125 336,586
Income (loss) from operations 44,589 (7,394) 80,627 (14,326)
Interest and other income, net 1,137 1,144 2,630 2,773
Interest expense (9,662) (11,494) (19,796) (24,181)
Unrealized gain (loss) on long term investment (854) 27,174 (3,804) 27,174
Income (loss) before provision for income taxes 35,210 9,430 59,657 (8,560)
Provision for income taxes 785 136 1,185 503
Net income (loss) $ 34,425 $ 9,294 $ 58,472 $ (9,063)
Net income (loss) per share:        
Basic $ 0.18 $ 0.05 $ 0.31 $ (0.05)
Diluted $ 0.18 $ 0.05 $ 0.30 $ (0.05)
Shares used in computing net income (loss) per share:        
Basic 187,682 178,676 187,433 175,373
Diluted 193,015 186,493 192,820 175,373