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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Product sales, net $ 455,066 $ 341,750 $ 114,219
Royalties 831 985 1,821
License and other revenue     31,515
Non-cash PDL royalty revenue     242,808
Total revenues 455,897 342,735 390,363
Costs and expenses:      
Cost of sales (excluding amortization of intangible assets) 87,414 67,898 15,146
Research and development expenses 32,631 17,541 7,116
Acquired in-process research & development expense   54,900  
Selling, general and administrative expenses 204,498 199,352 121,126
Amortization of intangible assets 106,845 83,344 10,161
Non-cash gain on settlement agreement   (29,900)  
Total costs and expenses 431,388 393,135 153,549
Income (loss) from operations 24,509 (50,400) 236,814
Other (expense) income:      
Interest and other income 485 599 215
Loss on prepayment of Senior Notes (5,777)    
Interest expense (83,719) (73,436) (9,275)
Non-cash interest expense on PDL liability     (14,646)
Total other (expense) income (89,011) (72,837) (23,706)
Net income (loss) before income taxes (64,502) (123,237) 213,108
(Provision for) Benefit from income taxes (24,218) 47,499 (81,346)
Net income (loss) $ (88,720) $ (75,738) $ 131,762
Basic net income (loss) per share (in dollars per share) $ (1.45) $ (1.26) $ 2.26
Diluted net income (loss) per share (in dollars per share) $ (1.45) $ (1.26) $ 2.05
Shares used in computing basic net (income) loss per share (in shares) 61,296,875 60,116,530 58,292,633
Shares used in computing diluted net income (loss) per share (in shares) 61,296,875 60,116,530 66,307,364