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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Net product sales $ 784,182 $ 544,573
Sanofi collaboration revenue 219,694 173,356
Bayer Collaboration Revenue 179,592 123,846
Other revenue 17,381 27,837
Total revenues 1,200,849 869,612
Expenses:    
Research and development 470,112 343,113
Selling, general, and administrative 289,677 158,991
Cost of goods sold 78,942 42,570
Cost of collaboration and contract manufacturing 32,810 41,385
Total expenses 871,541 586,059
Income from operations 329,308 283,553
Other income (expense):    
Investment income 2,249 180
Interest and other expense, net 1,406 7,210
Nonoperating Income (Expense) 843 (7,030)
Income before income taxes 330,151 276,523
Income tax expense (164,415) (200,502)
Net income $ 165,736 $ 76,021
Net income per share - basic $ 1.59 $ 0.74
Net income per share - diluted $ 1.45 $ 0.66
Weighted average shares outstanding - basic 104,290 102,227
Weighted average shares outstanding - diluted 114,228 114,519
Statements of Comprehensive Income    
Net income $ 165,736 $ 76,021
Other comprehensive income (loss):    
Unrealized loss on marketable securities, net of tax (4,208) (4,347)
Comprehensive income $ 161,528 $ 71,674