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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue:      
Total net revenue $ 261,004 $ 217,217 $ 133,569
Operating expenses:      
Research and development 0 1,355 1,393
General and administrative 20,053 32,258 23,188
General and administrative - related party 2,700 0 0
Total operating expenses 22,753 33,613 24,581
Income from operations 238,251 183,604 108,988
Other income (expense), net (5,702) (7,038) 2,477
Interest income 1,660 1,311 582
Interest expense (23,954) (43,601) (52,416)
Income before income taxes 210,255 134,276 59,631
Income tax benefit (expense), net 196,073 (4) (95)
Net income 406,328 134,272 59,536
Net income attributable to noncontrolling interest 11,272 129 0
Net income attributable to Innoviva stockholders $ 395,056 $ 134,143 $ 59,536
Basic net income per share attributable to Innoviva stockholders $ 3.92 $ 1.25 $ 0.54
Diluted net income per share attributable to Innoviva stockholders $ 3.53 $ 1.17 $ 0.53
Shares used to compute Innoviva basic and diluted net income per share:      
Shares used to compute basic net income per share 100,849 106,945 110,280
Shares used to compute diluted net income per share 113,408 119,866 123,233
Royalty revenue from a related party      
Revenue:      
Total net revenue $ 261,004 $ 214,118 $ 132,684
Revenue from collaborative arrangements from a related party      
Revenue:      
Total net revenue $ 0 $ 3,099 $ 885