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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Royalties $ 8,133 $ 8,828 $ 24,811 $ 26,436
Miscellaneous income 31 0 94 631
Total revenues 8,164 8,828 24,905 27,067
Operating expenses:        
Research and development - pipeline 0 653 0 2,525
General and administrative 571 2,259 1,915 7,606
Restructuring charges 0 794 0 3,764
Total operating expenses 571 3,706 1,915 13,895
Operating income 7,593 5,122 22,990 13,172
Other income (expense):        
Investment income, net 0 4 0 534
Interest expense 0 0 0 (2,124)
Other, net 0 195 61 1,061
Total other income (expense) 0 199 61 (529)
Income before income tax expense 7,593 5,321 23,051 12,643
Income tax expense (benefit) 1 (241) 56 (28)
Net income 7,592 5,562 22,995 12,671
Available-for-sale marketable securities:        
Unrealized holding gains arising during period 0 4 0 238
Reclassification adjustment for realized gains on sales included in net income 0 0 0 (320)
Total other comprehensive loss 0 4 0 (82)
Comprehensive income $ 7,592 $ 5,566 $ 22,995 $ 12,589
Earnings per common share        
Basic (in dollars per share) $ 0.17 $ 0.13 $ 0.52 $ 0.29
Diluted (in dollars per share) $ 0.17 $ 0.13 $ 0.52 $ 0.26
Weighted-average shares - basic (in shares) 44,131 43,921 44,109 43,782
Weighted-average shares - diluted (in shares) 44,239 44,137 44,254 53,468
Special cash dividend paid per common share (in dollars per share) $ 0 $ 0 $ 0 $ 1.60