XML 48 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue:      
Total net revenue $ 261,016 $ 261,004 $ 217,217
Operating expenses:      
Research and development 0 0 1,355
General and administrative 14,656 20,053 32,258
General and administrative - related party 0 2,700 0
Total operating expenses 14,656 22,753 33,613
Income from operations 246,360 238,251 183,604
Other expense, net (345) (5,702) (7,038)
Interest income 5,540 1,660 1,311
Interest expense (18,660) (23,954) (43,601)
Income before income taxes 232,895 210,255 134,276
Income tax benefit (expense), net 41,902 (196,073) 4
Net income 190,993 406,328 134,272
Net income attributable to noncontrolling interest 33,705 11,272 129
Net income attributable to Innoviva stockholders $ 157,288 $ 395,056 $ 134,143
Basic net income per share attributable to Innoviva stockholders $ 1.55 $ 3.92 $ 1.25
Diluted net income per share attributable to Innoviva stockholders $ 1.43 $ 3.53 $ 1.17
Shares used to compute Innoviva basic and diluted net income per share:      
Shares used to compute basic net income per share 101,150 100,849 106,945
Shares used to compute diluted net income per share 113,409 113,408 119,866
Royalty revenue from a related party      
Revenue:      
Total net revenue $ 261,016 $ 261,004 $ 214,118
Revenue from collaborative arrangements from a related party      
Revenue:      
Total net revenue $ 0 $ 0 $ 3,099