XML 91 R3.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Total revenues $ 20,917 $ 57,929
Costs and expenses:    
Cost of sales (excluding amortization of intangible assets) 1,399 2,575
Research and development expenses 1,041 1,793
Selling, general and administrative expenses 27,314 25,045
Amortization of intangible assets 7,795 25,444
Total costs and expenses 37,549 54,857
(Loss) income from operations (16,632) 3,072
Other income (expense):    
Loss on extinguishment of convertible notes (31,608) 0
Interest expense (8,674) (16,554)
Loss on prepayment of Senior Notes (8,233) 0
Other (3,325) (609)
Total other income (expense) 59,910 (17,163)
Net income (loss) before income taxes 43,278 (14,091)
Income tax expense (2,048) (210)
Net income (loss) 41,230 (14,301)
Comprehensive income (loss) $ 41,230 $ (14,301)
Basic net income (loss) per share (in dollars per share) $ 0.58 $ (0.22)
Diluted net income (loss) per share (in dollars per share) $ 0.58 $ (0.22)
Shares used in computing basic net income (loss) per share (in shares) 70,940 64,239
Shares used in computing diluted net income (loss) per share (in shares) 71,051 64,239
Product sales, net    
Revenues:    
Total revenues $ 9,252 $ 26,450
Commercialization agreement, net    
Revenues:    
Total revenues 11,258 30,856
Royalties and milestones    
Revenues:    
Total revenues 407 623
Gralise    
Revenues:    
Total revenues 547 13,278
Other income (expense):    
Gain (loss) on sale of assets 127,505 0
NUCYNTA    
Other income (expense):    
Gain (loss) on sale of assets $ (15,755) $ 0