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Condensed Consolidated Statements Of Income And Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenue        
Pharmaceutical net sales $ 261,412 $ 177,045 $ 471,180 $ 303,817
Contract manufacturing net sales 17,418 7,528 34,754 15,885
Total net sales 278,830 184,573 505,934 319,702
Cost of sales 23,152 17,221 44,562 33,410
Gross profit 255,678 167,352 461,372 286,292
Operating expenses:        
Selling and marketing 56,792 37,900 103,859 73,362
General and administrative 26,848 13,126 49,475 25,675
Research and development 22,008 12,240 41,937 23,033
Depreciation and amortization 1,065 1,014 2,092 2,084
Change in fair value of contingent consideration 1,201 0 2,382 0
Impairment of goodwill and intangibles 0 0 0 719
Total operating expenses 107,914 64,280 199,745 124,873
Income from operations 147,764 103,072 261,627 161,419
Interest and other income (expense), net (226) 20 (1,018) (322)
Foreign currency transaction gain (loss) 60 0 (94) (488)
Income before income taxes 147,598 103,092 260,515 160,609
Income tax expense 51,162 33,969 89,769 52,424
Net income 96,436 69,123 170,746 108,185
Change in unrealized gains or losses on available-for-sale securities, net of related tax effects 31 (29) 37 (34)
Change in foreign currency translation adjustments 1,479 (1,451) 242 (2,640)
Comprehensive income $ 97,946 $ 67,643 $ 171,025 $ 105,511
Net income per share:        
Basic $ 1.62 $ 1.17 $ 2.87 $ 1.86
Diluted $ 1.54 $ 1.12 $ 2.75 $ 1.79
Shares used in computing net income per share:        
Basic 59,686 58,938 59,415 58,075
Diluted 62,451 61,498 62,172 60,581
Dividends declared per share of common stock $ 0.3 $ 0.25 $ 0.6 $ 0.50