XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue:        
Total revenue $ 27,762 $ 152,928 $ 1,153,497 $ 212,245
Operating costs and expenses:        
Research and development 102,895 65,714 290,653 187,032
General and administrative 18,718 12,055 57,666 40,027
Total operating costs and expenses 126,396 83,443 365,270 247,853
Income (loss) from operations (98,634) 69,485 788,227 (35,608)
Non-operating income (expense):        
Interest expense (5,442) (5,540) (16,167) (16,452)
Non-cash interest expense on liability related to sale of future royalties (4,814) (4,471) (14,808) (13,535)
Interest income and other income (expense), net 11,847 1,599 25,523 3,163
Total non-operating income (expense), net 1,591 (8,412) (5,452) (26,824)
Income (loss) before provision for income taxes (97,043) 61,073 782,775 (62,432)
Provision for income taxes (900) 202 3,250 434
Net income (loss) $ (96,143) $ 60,871 $ 779,525 $ (62,866)
Net income (loss) per share        
Basic $ (0.56) $ 0.39 $ 4.63 $ (0.41)
Diluted $ (0.56) $ 0.37 $ 4.34 $ (0.41)
Weighted average shares outstanding used in computing net income (loss) per share:        
Basic 172,698 156,411 168,363 155,153
Diluted 172,698 162,641 179,619 155,153
Product Sales [Member]        
Revenue:        
Total revenue $ 4,256 $ 4,448 $ 16,414 $ 24,897
Operating costs and expenses:        
Cost of goods sold 4,783 5,674 16,951 20,794
Royalty Revenue [Member]        
Revenue:        
Total revenue 10,259 9,302 29,898 23,953
Non-cash Royalty Revenue Related to Sale of Future Royalties [Member]        
Revenue:        
Total revenue 8,372 8,066 24,337 21,367
License, Collaboration and Other Revenue [Member]        
Revenue:        
Total revenue $ 4,875 $ 131,112 $ 1,082,848 $ 142,028