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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues:      
Collaboration revenue $ 76,764 $ 1,413 $ 44,351
Royalty income 3,046 1,826 2,372
Research grants 4,810 4,573 1,968
Other revenues 176 140 256
Total revenues 84,796 7,952 48,947
Expenses:      
Research and development 53,183 50,640 49,798
License fees - research and development 578 1,270 1,058
General and administrative 18,248 22,832 25,106
Royalty expense 405 241 237
Depreciation and amortization 2,066 2,853 5,078
Total expenses 74,480 77,836 81,277
Operating income (loss) 10,316 (69,884) (32,330)
Other income:      
Interest income 65 64 1,481
Gain on sale of marketable securities 0 0 237
Total other income 65 64 1,718
Net income (loss) before income taxes 10,381 (69,820) (30,612)
Income tax benefit 0 95 0
Net income (loss) $ 10,381 $ (69,725) $ (30,612)
Net income (loss) per share - basic $ 0.31 $ (2.14) $ (0.98)
Weighted-average shares - basic 33,375 32,590 31,219
Net income (loss) per share - diluted $ 0.31 $ (2.14) $ (0.98)
Weighted-average shares - diluted 33,494 32,590 31,219