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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Net product sales $ 362,378 $ 318,740
Sanofi collaboration revenue 130,508 99,273
Bayer HealthCare collaboration revenue 125,312 14,907
Technology licensing and other revenue 7,542 6,744
Total revenues 625,740 439,664
Expenses:    
Research and development 287,379 180,299
Selling, general, and administrative 108,850 77,260
Cost of goods sold 27,473 28,021
Cost of collaboration manufacturing 16,099 1,034
Total expenses 439,801 286,614
Income from operations 185,939 153,050
Other income (expense):    
Investment income 937 456
Interest expense (11,613) (11,675)
Total other income (expense) (10,676) (11,219)
Income before income taxes 175,263 141,831
Income tax expense (109,820) (42,957)
Net income 65,443 98,874
Net income per share - basic $ 0.66 $ 1.02
Net income per share - diluted $ 0.58 $ 0.90
Weighted average shares outstanding - basic 98,709 96,878
Weighted average shares outstanding - diluted 112,151 109,369
Statements of Comprehensive Income    
Net income 65,443 98,874
Other comprehensive income (loss):    
Unrealized gain (loss) on marketable securities 2,653 (478)
Comprehensive income $ 68,096 $ 98,396