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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Total revenues $ 19,826 $ 39,675 $ 82,349 $ 138,493
Operating expenses:        
Cost of products 3,120 3,790 13,224 12,253
Research and development expenses 11,402 8,095 33,243 22,093
Selling, general and administrative expenses 24,829 11,563 77,159 35,804
Intangible asset amortization 1,620 564 4,996 1,692
Gain - changes in fair value of related party contingent consideration (7,115) (9,906) (17,036) (30,107)
Restructuring costs 65 (549) 268 3,173
Total operating expenses 33,921 13,557 111,854 44,908
Operating (loss) income (14,095) 26,118 (29,505) 93,585
Investment and other income, net 208 977 845 2,562
Interest expense (3,000) (263) (7,577) (789)
Other income - changes in fair value of related party payable 425 768 1,432 2,988
(Loss) income before income taxes (16,462) 27,600 (34,805) 98,346
Income tax (benefit) provision (691) 5,921 (3,360) 21,830
Net (loss) income $ (15,771) $ 21,679 $ (31,445) $ 76,516
Net income (loss) per share - basic (in dollars per share) $ (0.43) $ 0.54 $ (0.84) $ 1.87
Net income (loss) per share - diluted (in dollars per share) $ (0.43) $ 0.52 $ (0.84) $ 1.81
Weighted average number of shares outstanding - basic (in shares) 36,904 40,061 37,410 40,839
Weighted average number of shares outstanding - diluted (in shares) 36,904 41,339 37,410 42,194
Product sales        
Revenues:        
Total revenues $ 19,826 $ 39,147 $ 82,103 $ 138,009
License revenue        
Revenues:        
Total revenues $ 0 $ 528 $ 246 $ 484