XML 105 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues      
Product sales $ 2,255,050 $ 1,133,371 $ 789,026
Alliance and royalty 172,473 35,109 15,418
Service and other 35,927 12,757 15,986
Total revenues 2,463,450 1,181,237 820,430
Expenses      
Cost of goods sold (exclusive of amortization of intangible assets shown separately below) 683,750 395,595 204,309
Cost of alliance and service revenues 43,082 10,155 13,849
Selling, general and administrative 572,472 276,546 167,633
Research and development 65,687 68,311 47,581
Amortization of intangible assets 557,814 219,758 104,730
Restructuring and integration costs 97,667 140,840 30,033
Acquired in-process research and development 109,200 89,245 59,354
Acquisition-related costs 32,964 38,262 5,596
Legal settlements 11,841 52,610 6,191
Acquisition-related contingent consideration (10,986)    
Total expenses 2,163,491 1,291,322 639,276
Operating income (loss) 299,959 (110,085) 181,154
Interest income 4,084 1,294 1,118
Interest expense (333,041) (84,307) (24,881)
Write-down of deferred financing charges (1,485) (5,774) (537)
Loss on extinguishment of debt (36,844) (32,413)  
Foreign exchange and other 26,551 574 507
Gain (loss) on investments, net 22,776 (5,552) 17,594
(Loss) income before recovery of income taxes (18,000) (236,263) 174,955
Recovery of income taxes (177,559) (28,070) (1,500)
Net income (loss) $ 159,559 $ (208,193) $ 176,455
Basic earnings (loss) per share (in dollars per share) $ 0.52 $ (1.06) $ 1.11
Diluted earnings (loss) per share (in dollars per share) $ 0.49 $ (1.06) $ 1.11
Weighted-average common shares (000's)      
Basic (in shares) 304,655 195,808 158,236
Diluted (in shares) 326,119 195,808 158,510
Cash dividends declared per share (in dollars per share)   $ 1.280 $ 0.645