XML 61 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Net product sales $ 858,093 $ 44,686 $ 25,254
Sanofi collaboration revenue 423,814 326,609 311,332
Bayer HealthCare collaboration revenue 70,099 43,072 75,393
Technology licensing 23,571 24,858 40,150
Contract research and other 2,900 6,599 6,945
Total revenues 1,378,477 445,824 459,074
Expenses:      
Research and development 625,554 529,506 489,252
Selling, general, and administrative 210,755 117,261 65,201
Cost of goods sold 84,455 4,216 2,093
Total expenses 920,764 650,983 556,546
Income (loss) from operations 457,713 (205,159) (97,472)
Other income (expense):      
Investment income 2,012 3,549 2,122
Interest expense (45,304) (21,282) (9,118)
Total other income (expense) (43,292) (17,733) (6,996)
Income (loss) before income taxes 414,421 (222,892) (104,468)
Income tax benefit 335,848 1,132   
Net income (loss) 750,269 (221,760) (104,468)
Net income (loss) per share - basic (in dollars per share) $ 7.92 $ (2.45) $ (1.26)
Net income (loss) per share - diluted (in dollars per share) $ 6.75 $ (2.45) $ (1.26)
Weighted average shares outstanding - basic (in shares) 94,685 90,610 82,926
Weighted average shares outstanding - diluted (in shares) 115,382 90,610 82,926
Statements of Comprehensive Income (Loss)      
Net income (loss) 750,269 (221,760) (104,468)
Other comprehensive income (loss):      
Unrealized gain (loss) on marketable securities, net of tax 696 629 (3,535)
Comprehensive income (loss) $ 750,965 $ (221,131) $ (108,003)