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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total revenues $ 521,516 $ 326,444 $ 903,798 $ 710,526
Costs and expenses:        
Cost of product revenues (including definite-lived intangible amortization) 24,856 20,260 42,962 35,084
Research and development 298,089 201,786 601,192 609,706
Selling, general and administrative 108,029 90,066 229,527 177,295
Change in fair value of acquisition-related contingent consideration 7,303 7,073 13,988 14,429
Total costs and expenses 438,277 319,185 887,669 836,514
Income (loss) from operations 83,239 7,259 16,129 (125,988)
Other income (expense), net 5,808 4,066 10,270 5,213
Interest expense (398) (384) (783) (6,323)
Unrealized loss on long term investments (34,641) (19,574) (11,962) (25,388)
Expense related to senior note conversions   (751)   (54,881)
Income (loss) before provision (benefit) for income taxes 54,008 (9,384) 13,654 (207,367)
Provision (benefit) for income taxes 1,614 3,100 2,400 (7,800)
Net income (loss) $ 52,394 $ (12,484) $ 11,254 $ (199,567)
Net income (loss) per share:        
Basic $ 0.25 $ (0.06) $ 0.05 $ (1.00)
Diluted $ 0.24 $ (0.06) $ 0.05 $ (1.00)
Shares used in computing net income (loss) per share:        
Basic 212,210 205,141 211,945 200,200
Diluted 215,103 205,141 215,294 200,200
Product revenues, net        
Revenues:        
Total revenues $ 365,524 $ 291,667 $ 700,029 $ 556,474
Product royalty revenues        
Revenues:        
Total revenues 55,953 34,769 103,669 63,990
Milestone revenues        
Revenues:        
Total revenues 100,000   100,000 90,000
Other revenues        
Revenues:        
Total revenues $ 39 $ 8 $ 100 $ 62