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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Product revenues, net $ 291,667 $ 212,116 $ 556,474 $ 395,383
Product royalty revenues 34,769 25,958 63,990 47,860
Contract revenues   8,214 90,000 66,429
Other revenues 8   62 80
Total revenues 326,444 246,288 710,526 509,752
Costs and expenses:        
Cost of product revenues (including definite-lived intangible amortization) 20,260 12,367 35,084 18,372
Research and development 201,839 120,269 609,811 277,092
Selling, general and administrative 90,072 66,792 177,306 131,390
Change in fair value of acquisition-related contingent consideration 7,073 2,271 14,429 2,271
Total costs and expenses 319,244 201,699 836,630 429,125
Income (loss) from operations 7,200 44,589 (126,104) 80,627
Interest and other income, net 4,125 1,137 5,329 2,630
Interest expense (384) (9,662) (6,323) (19,796)
Unrealized loss on long term investments (19,574) (854) (25,388) (3,804)
Expense related to senior note conversions (751)   (54,881)  
Income (loss) before provision (benefit) for income taxes (9,384) 35,210 (207,367) 59,657
Provision (benefit) for income taxes 3,100 785 (7,800) 1,185
Net income (loss) $ (12,484) $ 34,425 $ (199,567) $ 58,472
Net income (loss) per share:        
Basic $ (0.06) $ 0.18 $ (1.00) $ 0.31
Diluted $ (0.06) $ 0.18 $ (1.00) $ 0.30
Shares used in computing net income (loss) per share:        
Basic 205,141 187,682 200,200 187,433
Diluted 205,141 193,015 200,200 192,820