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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Business Combination, Bargain Purchase, Gain Recognized, Amount $ (2,276) $ 0 $ 3,995 $ 0
Revenues        
Interest revenue 6,051 8,594 16,968 24,901
Product revenue 20,067 14,128 51,477 14,128
Licenses Revenue (165) (127) 19,471 7
Total revenues 62,749 53,638 252,024 177,809
Cost of Revenue 5,565 0 12,632 0
Operating expenses        
Cost of goods sold 6,275 6,014 18,438 6,014
General and administrative 11,989 10,396 35,853 27,193
Selling and Marketing Expense 4,994 11 11,194 11
Research and Development Expense 605 1,933 6,652 1,933
Change in fair value of contingent consideration 700 2,083 3,349 2,083
Business Combination, Acquisition Related Costs 0 546 0 3,505
Total operating expenses 30,128 20,983 88,118 40,739
Operating income 32,621 32,655 163,906 137,070
Non-operating expense, net        
Interest and other income, net 238 162 726 404
Interest expense (5,096) (4,513) (15,082) (13,524)
Total non-operating expense, net (7,134) (4,351) (10,361) (13,120)
Income before income taxes 25,487 28,304 153,545 123,950
Income tax expense 4,755 14,400 65,180 50,011
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 20,732 13,904 88,365 73,939
Net Income (Loss) Attributable to Noncontrolling Interest 0 (3) (47) (3)
Net income $ 20,732 $ 13,907 $ 88,412 $ 73,942
Net income per share        
Basic (in Dollars per Share) $ 0.14 $ 0.08 $ 0.56 $ 0.45
Net income per diluted share (in Dollars per Share) $ 0.14 $ 0.08 $ 0.56 $ 0.45
Weighted average shares outstanding        
Basic (in Shares) 151,146 163,856 156,802 163,771
Diluted (in Shares) 152,317 164,285 157,529 164,075
Cash dividends declared per common share (in Dollars per Share) $ 0.00 $ 0.00 $ 0.00 $ 0.10
Queen et al. patents [Member]        
Revenues        
Royalty revenues $ 1,443 $ 14,958 $ 31,884 $ 150,645
Acquired rights [Member]        
Revenues        
Royalty revenues $ 35,353 $ 16,085 $ 132,224 $ (11,872)