XML 120 R102.htm IDEA: XBRL DOCUMENT v3.10.0.1
Financial Information by Quarter (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:                      
Product, net $ 84,415 $ 78,486 $ 73,529 $ 64,604 $ 57,277 $ 45,954 $ 35,011 $ 16,342 $ 301,034 $ 154,584 $ 5,421
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Total revenues $ 84,415 $ 78,486 $ 73,529 $ 64,604 $ 57,277 $ 45,954 $ 35,011 $ 16,342 $ 301,034 $ 154,584 $ 5,421
Cost and expenses:                      
Cost of sales (excluding amortization of in-licensed rights) 13,135 8,741 6,735 5,582 3,546 3,078 505 224 34,193 7,353 101
Research and development 146,207 86,584 122,848 46,204 44,441 34,239 58,908 29,119 401,843 166,707 188,272
Selling, general and administrative 64,220 53,044 47,156 43,341 32,221 28,176 36,069 26,216 207,761 122,682 83,749
EXONDYS 51 settlement and license charges           25,588 2,839     28,400  
Amortization of in-licensed rights 216 216 217 216 216 780 29 28 865 1,053 29
Total cost and expenses 223,778 148,585 176,956 95,343 80,424 91,861 98,350 55,587 644,662 326,222 272,151
Operating loss (139,363) (70,099) (103,427) (30,739) (23,147) (45,907) (63,339) (39,245) (343,628) (171,638) (266,730)
Other (loss) income:                      
Interest (expense) income and other, net (2,311) (6,968) (5,218) (4,485) (2,693) 184 184 335 (18,982) (1,990) (535)
Gain from sale of Priority Review Voucher               125,000   125,000  
Total other (loss) income (2,311) (6,968) (5,218) (4,485) (2,693) 184 184 125,335 (18,982) 123,010 (535)
Loss before income tax (benefit) expense (141,674) (77,067) (108,645) (35,224) (25,840) (45,723) (63,155) 86,090 (362,610) (48,628) (267,265)
Income tax (benefit) expense (779) (674) 622 139 (1,842) 2,011 (109) 2,000 (692) 2,060  
Net loss $ (140,895) $ (76,393) $ (109,267) $ (35,363) $ (23,998) $ (47,734) $ (63,046) $ 84,090 $ (361,918) $ (50,688) $ (267,265)
Net loss per share — basic and diluted $ (2.05) $ (1.15) $ (1.67) $ (0.55)         $ (5.46) $ (0.86) $ (5.49)
Weighted average number of shares of common stock used in computing basic and diluted net loss per share 68,653 66,209 65,484 64,631         66,250 58,818 48,697
Net income (loss) per share:                      
Basic (loss) earnings per share         $ (0.37) $ (0.78) $ (1.15) $ 1.53      
Diluted (loss) earnings per share         $ (0.37) $ (0.78) $ (1.15) $ 1.50      
Weighted average number of shares of common stock used in calculating:                      
Weighted-average number of shares of common stock outstanding for computing basic loss per share         64,277 61,528 54,976 54,850 66,250 58,818 48,697
Diluted (loss) earnings per share         64,277 61,258 54,976 56,012