XML 17 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Interest revenue $ 5,457 $ 8,964
Product revenue 12,581 0
Licenses Revenue 100 (193)
Total revenues 45,440 103,124
Cost of Revenue 2,552 0
Operating expenses    
Cost of goods sold 6,015 0
General and administrative 12,576 9,846
Selling and Marketing Expense 2,584 0
Research and Development Expense 1,766 0
Change in fair value of contingent consideration 1,442 0
Total operating expenses 26,935 9,846
Operating income 18,505 93,278
Non-operating expense, net    
Interest and other income, net 212 113
Interest expense (4,971) (4,550)
Total non-operating expense, net (4,759) (4,437)
Income before income taxes 13,746 88,841
Income tax expense 6,552 32,954
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 7,194 55,887
Net Income (Loss) Attributable to Noncontrolling Interest (47) 0
Net income $ 7,241 $ 55,887
Net income per share    
Basic (in Dollars per Share) $ 0.04 $ 0.34
Net income per diluted share (in Dollars per Share) $ 0.04 $ 0.34
Weighted average shares outstanding    
Basic (in Shares) 163,745 163,701
Diluted (in Shares) 163,992 163,835
Cash dividends declared per common share (in Dollars per Share) $ 0.00 $ 0.05
Queen et al. patents [Member]    
Revenues    
Royalty revenues $ 14,156 $ 121,455
Acquired rights [Member]    
Revenues    
Royalty revenues $ 13,146 $ (27,102)