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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue:      
Royalty revenue from a related party, net of amortization for capitalized fees paid to a related party of $13,823 in the year ended December 31, 2017, 2016, and 2015, respectively $ 214,118 $ 132,684 $ 53,064
Revenue from collaborative arrangements from a related party 3,099 885 885
Total net revenue 217,217 133,569 53,949
Operating expenses:      
Research and development 1,355 1,393 2,619
General and administrative 32,258 23,188 19,750
Total operating expenses 33,613 24,581 22,369
Income from operations 183,604 108,988 31,580
Other (expense) income, net (7,042) 2,382 1,120
Interest income 1,311 582 343
Interest expense (43,601) (52,416) (51,803)
Net income (loss) 134,272 59,536 (18,760)
Net income attributable to noncontrolling interest 129 0 0
Net income (loss) attributable to Innoviva stockholders $ 134,143 $ 59,536 $ (18,760)
Basic net income (loss) per share attributable to Innoviva stockholders $ 1.25 $ 0.54 $ (0.16)
Diluted net income (loss) per share attributable to Innoviva stockholders $ 1.17 $ 0.53 $ (0.16)
Shares used to compute Innoviva basic and diluted net income (loss) per share:      
Shares used to compute basic net income (loss) per share 106,945 110,280 115,372
Shares used to compute diluted net income (loss) per share 119,866 123,233 115,372
Cash dividends declared per common share (in dollars per share) $ 0.00 $ 0.00 $ 0.75