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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue:      
Royalty revenue from a related party, net of amortization for capitalized fees paid to a related party of $13,823, $13,823 and $11,066 in the year ended December 31, 2016, 2015, and 2014 $ 132,684 $ 53,064 $ 7,351
Revenue from collaborative arrangements from a related party, net 885 885 1,082
Total net revenue 133,569 53,949 8,433
Operating expenses:      
Research and development 1,393 2,619 7,498
General and administrative 23,188 19,750 34,864
Total operating expenses 24,581 22,369 42,362
Income (loss) from operations 108,988 31,580 (33,929)
Other income (expense), net 2,382 1,120 (3,272)
Interest income 582 343 563
Interest expense (52,416) (51,803) (36,892)
Income (loss) from continuing operations before income taxes 59,536 (18,760) (73,530)
Loss from discontinued operations (Notes 1 and 12) 0 0 (94,934)
Net income (loss) $ 59,536 $ (18,760) $ (168,464)
Basic net income (loss) per share:      
Continuing operations (in dollars per share) $ 0.54 $ (0.16) $ (0.66)
Discontinued operations (in dollars per share) 0.00 0.00 (0.84)
Basic net income (loss) per share (in dollars per share) 0.54 (0.16) (1.50)
Diluted net income (loss) per share:      
Continuing operations (in dollars per share) 0.53 (0.16) (0.66)
Discontinued operations (in dollars per share) 0.00 0.00 (0.84)
Diluted net income (loss) per share (in dollars per share) $ 0.53 $ (0.16) $ (1.50)
Shares used to compute basic and diluted net income (loss) per share:      
Shares used to compute basic net income (loss) per share 110,280 115,372 112,059
Shares used to compute diluted net income (loss) per share 123,233 115,372 112,059
Cash dividends declared per common share (in dollars per share) $ 0.00 $ 0.75 $ 0.50