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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 65,443 $ 98,874
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 11,530 9,407
Non-cash compensation expense 81,408 53,030
Non-cash interest expense 5,916 5,781
Other non-cash charges and expenses, net 3,761 7,174
Deferred taxes (8,522) 39,525
Changes in assets and liabilites    
Increase in Sanofi, Bayer HealthCare, and trade accounts receivable (92,529) (117,782)
Increase in Inventories (15,550) (17,581)
Increase in prepaid expenses and other assets (20,898) (17,815)
Increase (decrease) in deferred revenue 37,107 (6,470)
(Decrease) increase in accounts payable, accrued expenses and other liabilities (14,139) 32,105
Total adjustments (11,916) (12,626)
Net cash provided by operating activities 53,527 86,248
Cash flows from investing activities:    
Purchases of marketable securities (253,878) (181,236)
Sales or maturities of marketable securities 82,469 54,754
Capital expenditures (64,822) (21,203)
Net cash used in investing activities (236,231) (147,685)
Cash flows from financing activities:    
Payments in connection with facility and capital lease obligations (262) (649)
Proceeds from issuance of Common Stock 55,042 12,964
Payments in connection with Common Stock tendered for employee tax obligations (63,086) (3,085)
Excess tax benefit from stock-based compensation 117,260 2,293
Net cash provided by financing activities 108,954 11,523
Net decrease in cash and cash equivalents (73,750) (49,914)
Cash and cash equivalents at beginning of period 535,608 230,276
Cash and cash equivalents at end of period $ 461,858 $ 180,362