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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue:        
Total revenue $ 29,218 $ 27,762 $ 80,755 $ 1,153,497
Operating costs and expenses:        
Cost of goods sold 4,927 4,783 15,385 16,951
Research and development 99,048 102,895 324,197 290,653
General and administrative 23,983 18,718 71,570 57,666
Total operating costs and expenses 127,958 126,396 411,152 365,270
Income (loss) from operations (98,740) (98,634) (330,397) 788,227
Non-operating income (expense):        
Interest expense (5,425) (5,442) (15,882) (16,167)
Non-cash interest expense on liability related to sale of future royalties (5,813) (4,814) (17,853) (14,808)
Interest income and other income (expense), net 11,492 11,847 35,964 25,523
Total non-operating income (expense), net 254 1,591 2,229 (5,452)
Income (loss) before provision for income taxes (98,486) (97,043) (328,168) 782,775
Provision (benefit) for income taxes 322 (900) (939) 3,250
Net income (loss) $ (98,808) $ (96,143) $ (327,229) $ 779,525
Net income (loss) per share        
Basic (in dollars per share) $ (0.56) $ (0.56) $ (1.87) $ 4.63
Diluted (in dollars per share) $ (0.56) $ (0.56) $ (1.87) $ 4.34
Weighted average shares outstanding used in computing net income (loss) per share        
Basic (in shares) 175,402 172,698 174,609 168,363
Diluted (in shares) 175,402 172,698 174,609 179,619
Product sales        
Revenue:        
Total revenue $ 5,558 $ 4,256 $ 14,302 $ 16,414
Royalty revenue        
Revenue:        
Total revenue 10,275 10,259 29,008 29,898
Non-cash royalty revenue related to sale of future royalties        
Revenue:        
Total revenue 10,264 8,372 27,585 24,337
License, collaboration and other revenue        
Revenue:        
Total revenue $ 3,121 $ 4,875 $ 9,860 $ 1,082,848