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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - Scenario, Unspecified [Domain] - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Net product sales $ 657,819 $ 418,022 $ 1,202,392 $ 780,400
Sanofi collaboration revenue 195,110 142,595 368,466 273,103
Bayer HealthCare collaboration revenue 134,237 97,295 258,083 222,607
Technology licensing and other revenue 11,451 7,788 39,288 15,330
Total revenues 998,617 665,700 1,868,229 1,291,440
Expenses:        
Research and development 390,330 294,501 733,443 581,880
Selling, general, and administrative 174,588 96,730 333,579 199,957
Cost of goods sold 60,855 29,945 103,425 57,418
Cost of collaboration and contract manufacturing 27,985 16,434 69,370 32,533
Total expenses 653,758 437,610 1,239,817 871,788
Income from operations 344,859 228,090 628,412 419,652
Other income (expense):        
Investment and other income 1,849 1,677 1,930 2,614
Interest expense (2,748) (10,177) (8,917) (21,790)
Loss on extinguishment of debt (15,964) (10,787) (16,906) (10,787)
Total other income (expense) (16,863) (19,287) (23,893) (29,963)
Income before income taxes 327,996 208,803 604,519 389,689
Income tax expense (133,353) (112,452) (333,855) (225,033)
Net income $ 194,643 $ 96,351 $ 270,664 $ 164,656
Net income per share - basic $ 1.89 $ 0.96 $ 2.64 $ 1.65
Net income per share - diluted $ 1.69 $ 0.85 $ 2.35 $ 1.46
Weighted average shares outstanding - basic 102,886 100,391 102,558 100,085
Weighted average shares outstanding - diluted 115,259 113,032 114,962 113,121
Statements of Comprehensive Income        
Net income $ 194,643 $ 96,351 $ 270,664 $ 164,656
Other comprehensive (loss) income:        
Unrealized (loss) gain on marketable securities, net of tax (28,751) 2,798 (33,098) 5,451
Comprehensive income $ 165,892 $ 99,149 $ 237,566 $ 170,107