XML 23 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Product revenue, net $ 65,326 $ 27,818 $ 98,960 $ 51,719
License, collaboration and other revenue 2,799 1,420 4,763 1,510
Total revenue 68,125 29,238 103,723 53,229
Operating expenses:        
Cost of product revenue 1,108 488 1,594 1,183
Research and development expense 42,864 38,739 86,943 78,183
Selling, general and administrative expense 34,242 48,622 70,219 82,172
Transaction costs 1,482 0 1,482 0
Restructuring charges 92 0 3,010 0
Total operating expenses 79,788 87,849 163,248 161,538
Loss from operations (11,663) (58,611) (59,525) (108,309)
Other income (expense), net:        
Interest income 31 22 55 41
Interest expense (5,401) (3,813) (10,348) (7,668)
Other Income, net 128,664 0 128,664 0
Foreign exchange (loss) gain (29) (458) (779) 615
Other income (expense), net 123,265 (4,249) 117,592 (7,012)
Income (loss) before provision for income taxes 111,602 (62,860) 58,067 (115,321)
Provision for income taxes 1,754 300 2,006 514
Net income (loss) $ 109,848 $ (63,160) $ 56,061 $ (115,835)
Net income (loss) per share:        
Basic (in usd per share) $ 0.57 $ (0.33) $ 0.29 $ (0.62)
Diluted (in usd per share) $ 0.56 $ (0.33) $ 0.29 $ (0.62)
Shares used in net income (loss) per share calculations:        
Basic (in shares) 191,485 188,598 190,894 188,220
Diluted (in shares) 194,569 188,598 193,504 188,220