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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
OPERATING ACTIVITIES    
Net income $ 170,746 $ 108,185
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 17,469 12,679
Deferred income taxes 4,699 962
Amortization of investments 521 245
Depreciation and amortization 9,757 4,645
Impairment of goodwill and intangibles 0 719
Loss on disposal of property and equipment 0 95
Imputed interest for contingent consideration and in-process R&D 2,382 588
Other compensation expense 1,059 494
Changes in operating assets and liabilities, net of business acquisition:    
Accounts receivable (17,887) (2,883)
Inventories 20 4,270
Prepaid income taxes (9,970) 0
Prepaid expenses and other current assets 225 1,175
Accounts payable 20,306 (2,569)
Accrued compensation 6,530 (10,780)
Sales-related reserves (8,457) (1,786)
Accrued royalties 11,235 7,060
Income taxes payable (1,535) (2,684)
Other accrued liabilities (1,714) 2,555
Other non-current liabilities 45 21
Net cash flows provided by operating activities 205,431 122,991
INVESTING ACTIVITIES    
Purchase of property and equipment (8,266) (1,138)
Purchase of short-term investments (33,570) (52,001)
Proceeds from maturities of short-term investments 41,178 116,206
Acquisition of BioVectra, net of cash acquired 0 (46,692)
Contingent consideration payment related to BioVectra acquisition (4,581) 0
Restricted cash associated with the acquisition of Synacthen 0 (75,000)
Acquisition of Synacthen 0 (60,000)
Annual cash payment for Synacthen (25,000) 0
Proceeds from sale of Doral 0 700
Deposits and other assets 766 0
Net cash flows used in investing activities (29,473) (117,925)
FINANCING ACTIVITIES    
Repayment of funded long-term debt (591) (613)
Repayment of other long-term debt (232) (212)
Income tax benefit realized from share-based compensation plans 17,699 5,173
Issuance of common stock, net 1,519 6,943
Repurchase of common stock (2,146) 0
Dividends paid (36,457) (14,887)
Net cash flows used in financing activities (20,208) (3,596)
Effect of cash on changes in exchange rates 89 (313)
Increase in cash and cash equivalents 155,839 1,157
Cash and cash equivalents at beginning of period 175,840 80,608
Cash and cash equivalents at end of period 331,679 81,765
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 294 380
Cash paid for income taxes 78,884 49,234
Dividend payable 18,426 15,000
Incremental fair value of assets acquired, net   80,698
Less: fair value of contingent consideration   (30,383)
Fair value of assets acquired   50,315
Loss on foreign exchange rate 94 488
Total cash paid for acquisition of BioVectra   $ 50,803