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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Product revenues, net $ 264,807 $ 183,267
Product royalty revenues 29,221 21,903
Contract revenues 90,000 58,214
Other revenues 54 80
Total revenues 384,082 263,464
Costs and expenses:    
Cost of product revenues (including definite-lived intangible amortization) 14,824 6,005
Research and development 407,972 156,824
Selling, general and administrative 87,234 64,596
Change in fair value of acquisition-related contingent consideration 7,356  
Total costs and expenses 517,386 227,425
Income (loss) from operations (133,304) 36,039
Interest and other income, net 1,204 1,492
Interest expense (5,939) (10,134)
Unrealized loss on long term investments (5,814) (2,950)
Expense related to senior note conversions (54,130)  
Income (loss) before provision (benefit) for income taxes (197,983) 24,447
Provision (benefit) for income taxes (10,900) 400
Net income (loss) $ (187,083) $ 24,047
Net income (loss) per share:    
Basic $ (0.96) $ 0.13
Diluted $ (0.96) $ 0.12
Shares used in computing net income (loss) per share:    
Basic 195,260 187,184
Diluted 195,260 192,625