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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Net product sales $ 444.6 $ 412.6 $ 815.1 $ 781.6
Total revenues 444.6 412.6 815.1 781.6
Operating expenses:        
Cost of product sales 18.9 20.0 33.2 20.7
Research and development 59.8 35.2 96.0 34.8
Selling, general and administrative 67.4 72.2 123.8 77.2
Estimated loss contingency 210.0   210.0  
Total operating expenses 356.1 127.4 463.0 132.7
Operating income 88.5 285.2 352.1 648.9
Other (expense) income:        
Interest expense (1.4) (0.6) (2.2) (1.2)
Other, net 3.6 1.1 4.4 1.9
Impairment of cost method investment (46.5)   (46.5)  
Total other (expense) income, net (44.3) 0.5 (44.3) 0.7
Income before income taxes 44.2 285.7 307.8 649.6
Income tax expense (100.2) (79.6) (185.2) (208.0)
Net (loss) income $ (56.0) $ 206.1 $ 122.6 $ 441.6
Net (loss) income per common share:        
Basic (in dollars per share) $ (1.25) $ 4.65 $ 2.74 $ 9.86
Diluted (in dollars per share) $ (1.25) $ 4.39 $ 2.68 $ 9.24
Weighted average number of common shares outstanding:        
Basic (in shares) 44.9 44.3 44.7 44.8
Diluted (in shares) 44.9 46.9 45.7 47.8