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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Total revenues $ 604,718 $ 568,507
Costs and expenses:    
Cost of product revenues (including definite-lived intangible amortization) 29,220 27,319
Research and development 306,896 1,085,287
Selling, general and administrative 153,795 111,148
Change in fair value of acquisition-related contingent consideration 5,526 6,627
Collaboration loss sharing 10,484 2,130
Total costs and expenses 505,921 1,232,511
Income (loss) from operations 98,797 (664,004)
Other income (expense), net (1,407) 8,662
Interest expense (359) (602)
Unrealized loss on long term investments (27,709) (48,132)
Income (loss) before provision for income taxes 69,322 (704,076)
Provision for income taxes 15,787 16,566
Net income (loss) $ 53,535 $ (720,642)
Net income (loss) per share:    
Basic $ 0.24 $ (3.33)
Diluted $ 0.24 $ (3.33)
Shares used in computing net income (loss) per share:    
Basic 219,801 216,721
Diluted 221,867 216,721
Product revenues, net    
Revenues:    
Total revenues $ 504,811 $ 486,727
Product royalty revenues    
Revenues:    
Total revenues $ 99,907 $ 81,780