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Share-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation Expense
Share-based compensation expense related to share options, RSUs and grants under our ESPP was as follows (in thousands): 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2013
 
2012
 
2013
 
2012
Selling, general and administrative
$
9,354

 
$
5,330

 
$
25,898

 
$
11,967

Research and development
1,931

 
681

 
4,453

 
1,718

Cost of product sales
591

 
344

 
1,788

 
999

Total share-based compensation expense, pre-tax
11,876

 
6,355

 
32,139

 
14,684

Tax benefit from share-based compensation expense
(3,502
)
 

 
(9,850
)
 

Total share-based compensation expense, net of tax
$
8,374

 
$
6,355

 
$
22,289

 
$
14,684

Weighted-Average Assumptions Used in Black-Scholes Option Pricing Model which was Used to Estimate Grant Date Fair Value per Share
The table below shows the number of shares underlying options granted to purchase our ordinary shares, the weighted-average assumptions used in the Black-Scholes option pricing model and the resulting weighted-average grant date fair value of share options granted: 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2013
 
2012
 
2013
 
2012
Shares underlying options granted (in thousands)
105

 
1,157

 
1,277

 
2,077

Grant date fair value
$
37.17

 
$
23.13

 
$
28.49

 
$
25.23

Black-Scholes option pricing model assumption information:
 
 
 
 
 
 
 
Volatility
57
%
 
64
%
 
59
%
 
64
%
Expected term (years)
4.4

 
4.2

 
4.4

 
4.6

Range of risk-free rates
1.0-1.4%

 
0.5-0.6%

 
0.5-1.4%

 
0.5-1.1%

Expected dividend yield
%
 
%
 
%
 
%
Schedule of Restricted Stock Unit activity
The table below shows the number of RSUs granted covering an equal number of our ordinary shares and the weighted-average grant date fair value of RSUs granted:
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2013
 
2012
 
2013
 
2012
RSUs granted (in thousands)
46

 
550

 
568

 
1,002

Grant date fair value
$
80.35

 
$
46.83

 
$
60.73

 
$
48.98