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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Net product sales $ 240,917 $ 201,020 $ 665,692 $ 546,784
Other 1,551 722 6,567 1,221
Total revenues 242,468 201,742 672,259 548,005
Operating expenses:        
Research and development 65,155 59,433 135,911 131,379
Selling, general and administrative 68,626 16,656 161,673 98,775
Cost of product sales 27,968 22,676 81,632 63,577
Total operating expenses 161,749 98,765 379,216 293,731
Operating income 80,719 102,977 293,043 254,274
Other (expense) income:        
Interest income 1,138 1,016 3,225 2,520
Interest expense (4,384) (5,416) (12,149) (16,256)
Equity loss in affiliate (48) (43) (110) (110)
Other, net 31,068 (278) 31,710 (1,301)
Total other (expense) income, net 27,774 (4,721) 22,676 (15,147)
Income from continuing operations before income taxes 108,493 98,256 315,719 239,127
Income tax expense (30,382) (17,641) (94,532) (65,073)
Income from continuing operations 78,111 80,615 221,187 174,054
Discontinued operations:        
Income from discontinued operations, net of tax       7
Gain on disposal of discontinued operations, net of tax   3,783   618
Income from discontinued operations   3,783   625
Net income $ 78,111 $ 84,398 $ 221,187 $ 174,679
Basic        
Continuing operations (in dollars per share) $ 1.52 $ 1.38 $ 4.20 $ 3.00
Discontinued operations (in dollars per share) $ 0.00 $ 0.07 $ 0.00 $ 0.01
Net income per basic common share (in dollars per share) $ 1.52 $ 1.45 $ 4.20 $ 3.01
Diluted        
Continuing operations (in dollars per share) $ 1.46 $ 1.32 $ 4.11 $ 2.80
Discontinued operations (in dollars per share) $ 0.00 $ 0.06 $ 0.00 $ 0.01
Net income per diluted common share (in dollars per share) $ 1.46 $ 1.38 $ 4.11 $ 2.81
Weighted average number of common shares outstanding:        
Basic (in shares) 51,514 58,321 52,626 58,087
Diluted (in shares) 53,590 61,210 53,849 62,062