XML 88 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Interim Consolidated Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2013
Interim Consolidated Financial Information (Unaudited)  
Schedule of Interim Consolidated Financial Information

(in thousands, except per share data)

 
  Fiscal 2013 Quarter Ended  
 
  March 31   June 30   September 30   December 31  

Revenues(1)

  $ 71,077   $ 101,675   $ 85,123     97,072  

Net loss

  $ (15,669 ) $ (2,571 ) $ (22,037 )   (42,870 )

Basic and diluted net loss per share

  $ (0.12 ) $ (0.02 ) $ (0.14 )   (0.26 )

Shares used in computation of basic and diluted net loss per share

    134,345     142,284     155,067     161,914  


 

 
  Fiscal 2012 Quarter Ended  
 
  March 31   June 30   September 30   December 31  

Revenues(2)

  $ 36,179   $ 86,542   $ 60,492   $ 113,845  

Net income (loss)

  $ (45,426 ) $ 4,037   $ (21,710 ) $ 18,779  

Basic net income (loss) per share

  $ (0.36 ) $ 0.03   $ (0.17 ) $ 0.14  

Diluted net income (loss) per share

  $ (0.36 ) $ 0.03   $ (0.17 ) $ 0.14  

Shares used in computation of basic net income (loss) per share

    127,203     129,224     130,851     131,711  

Shares used in computation of diluted net income (loss) per share

    127,203     137,969     130,851     139,118  

(1)
The quarters ended March 31, 2013, June 30, 2013, September 30, 2013 and December 31, 2013 include $48.3 million, $54.1 million, $60.2 million and $72.8 million, respectively of product revenues, net, relating to JAKAFI. The quarters ended March 31, 2013, June 30, 2013, September 30, 2013 and December 31, 2013 include $5.9 million, $5.8 million, $8.2 million and $8.4 million, respectively of product royalty revenues related to the sale of JAKAVI outside the United States. In November 2009 and December 2009, we entered into collaborative research and license agreements with Novartis and Lilly, respectively. The quarters ended March 31, 2013, June 30, 2013, September 30, 2013 and December 31, 2013 include $16.7 million, $41.7 million, $16.7 million and $15.8 million, respectively of contract revenues relating to these agreements.

(2)
The quarters ended March 31, 2012, June 30, 2012, September 30, 2012 and December 31, 2012 include $19.3 million, $29.7 million, $43.7 million and $43.3 million, respectively of product revenues, net, relating to JAKAFI. The quarter ended December 31, 2012 includes $3.7 million of product royalty revenues related to the sale of JAKAVI outside the United States. In November 2009 and December 2009, we entered into collaborative research and license agreements with Novartis and Lilly, respectively. The quarters ended March 31, 2012, June 30, 2012, September 30, 2012 and December 31, 2012 include $16.7 million, $56.7 million, $16.7 million and $66.7 million, respectively of contract revenues relating to these agreements.