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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Net product sales $ 370.5 $ 369.0
Total revenues 370.5 369.0
Operating expenses:    
Cost of product sales 14.3 0.7
Research and development 36.2 (0.4)
Selling, general and administrative 56.4 5.0
Total operating expenses 106.9 5.3
Operating income 263.6 363.7
Other income (expense):    
Interest expense (0.8) (0.6)
Other, net 0.8 0.8
Total other income, net   0.2
Income before income taxes 263.6 363.9
Income tax expense (85.0) (128.4)
Net income $ 178.6 $ 235.5
Net income per common share:    
Basic (in dollars per share) $ 4.01 $ 5.19
Diluted (in dollars per share) $ 3.89 $ 4.84
Weighted average number of common shares outstanding:    
Basic (in shares) 44.5 45.4
Diluted (in shares) 45.9 48.7