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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues        
Product sales $ 530,035 $ 231,245 $ 1,030,456 $ 443,278
Alliance and royalty 65,988 4,647 124,402 8,996
Service and other 13,364 2,879 19,555 6,132
Total revenues 609,387 238,771 1,174,413 458,406
Expenses        
Cost of goods sold (exclusive of amortization of intangible assets shown separately below) 169,912 63,850 339,199 122,805
Cost of alliance and service revenues 3,395 3,372 37,340 6,679
Selling, general and administrative 149,657 45,094 289,163 88,607
Research and development 17,764 23,644 31,434 36,221
Amortization of intangible assets 114,946 33,299 226,989 66,599
Restructuring and integration costs 27,626 2,881 45,165 3,494
Acquired in-process research and development 2,000 10,242 4,000 61,245
Acquisition-related costs 1,869 7,577 3,376 7,577
Legal settlements 2,000   2,400  
Acquisition-related contingent consideration 1,752 0 2,138 0
Total expenses 490,921 189,959 981,204 393,227
Operating income 118,466 48,812 193,209 65,179
Interest income 1,086 234 1,889 422
Interest expense (83,073) (9,952) (151,824) (19,779)
Loss on extinguishment of debt (14,748)   (23,010)  
Foreign exchange and other 847 667 3,654 44
Gain (loss) on investments, net 21,158 (392) 22,927 (547)
Income before provision for (recovery of) income taxes 43,736 39,369 46,845 45,319
Provision for (recovery of) income taxes (12,624) 5,400 (15,997) 14,500
Net income $ 56,360 $ 33,969 $ 62,842 $ 30,819
Basic earnings per share (in dollars per share) $ 0.19 $ 0.21 $ 0.21 $ 0.19
Diluted earnings per share (in dollars per share) $ 0.17 $ 0.21 $ 0.19 $ 0.19
Weighted-average common shares (000s)        
Basic (in shares) 303,426 158,510 303,587 158,449
Diluted (in shares) 331,369 161,019 332,130 160,115
Cash dividends declared per share (in dollars per share)   $ 0.095   $ 0.185