XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Net product sales $ 445.5 $ 408.2 $ 1,260.6 $ 1,189.8
Total revenues 445.5 408.2 1,260.6 1,189.8
Operating expenses:        
Cost of product sales 19.5 23.6 52.7 44.3
Research and development 55.0 45.9 151.0 80.7
Selling, general and administrative 47.2 100.1 171.0 177.3
Estimated loss contingency     210.0  
Total operating expenses 121.7 169.6 584.7 302.3
Operating income 323.8 238.6 675.9 887.5
Other (expense) income:        
Interest expense (3.3) (0.5) (5.5) (1.7)
Other, net 3.3 1.0 7.7 2.9
Impairment of cost method investment (3.1)   (49.6)  
Total other (expense) income, net (3.1) 0.5 (47.4) 1.2
Income before income taxes 320.7 239.1 628.5 888.7
Income tax expense (44.4) (77.3) (229.6) (285.3)
Net income $ 276.3 $ 161.8 $ 398.9 $ 603.4
Net income per common share:        
Basic (in dollars per share) $ 6.37 $ 3.75 $ 9.00 $ 13.62
Diluted (in dollars per share) $ 6.27 $ 3.50 $ 8.83 $ 12.76
Weighted average number of common shares outstanding:        
Basic (in shares) 43.4 43.2 44.3 44.3
Diluted (in shares) 44.1 46.2 45.2 47.3