XML 73 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:      
Product sales, net $ 101,195us-gaap_SalesRevenueGoodsNet $ 31,752us-gaap_SalesRevenueGoodsNet $ 0us-gaap_SalesRevenueGoodsNet
Royalties 122,867us-gaap_RoyaltyRevenue 123,804us-gaap_RoyaltyRevenue 105,587us-gaap_RoyaltyRevenue
Sale of royalty rights 0us-gaap_OtherSalesRevenueNet 0us-gaap_OtherSalesRevenueNet 25,000us-gaap_OtherSalesRevenueNet
License fees 0us-gaap_LicensesRevenue 36us-gaap_LicensesRevenue 57us-gaap_LicensesRevenue
Total revenues 224,062us-gaap_Revenues 155,592us-gaap_Revenues 130,644us-gaap_Revenues
Cost of sales 14,648us-gaap_CostOfGoodsSold 3,596us-gaap_CostOfGoodsSold 0us-gaap_CostOfGoodsSold
Operating expenses:      
Research and development 90,109us-gaap_ResearchAndDevelopmentExpense 85,421us-gaap_ResearchAndDevelopmentExpense 94,839us-gaap_ResearchAndDevelopmentExpense
Selling, general and administrative 114,255us-gaap_SellingGeneralAndAdministrativeExpense 68,070us-gaap_SellingGeneralAndAdministrativeExpense 36,929us-gaap_SellingGeneralAndAdministrativeExpense
Total operating expenses 204,364us-gaap_OperatingExpenses 153,491us-gaap_OperatingExpenses 131,768us-gaap_OperatingExpenses
Operating income (loss) 5,050us-gaap_OperatingIncomeLoss (1,495)us-gaap_OperatingIncomeLoss (1,124)us-gaap_OperatingIncomeLoss
Other income (expense)      
Interest income, net 406us-gaap_InvestmentIncomeInterestAndDividend 340us-gaap_InvestmentIncomeInterestAndDividend 292us-gaap_InvestmentIncomeInterestAndDividend
Interest expense (13,728)us-gaap_InterestExpense (11,938)us-gaap_InterestExpense (18,198)us-gaap_InterestExpense
Gain on sale of marketable investment securities, net 12us-gaap_GainLossOnInvestments 4us-gaap_GainLossOnInvestments 4us-gaap_GainLossOnInvestments
Foreign currency transaction (loss) gain 22us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (233)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 54us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Other 299us-gaap_OtherNonoperatingIncomeExpense 0us-gaap_OtherNonoperatingIncomeExpense 237us-gaap_OtherNonoperatingIncomeExpense
Total other expense, net (12,989)us-gaap_NonoperatingIncomeExpense (11,827)us-gaap_NonoperatingIncomeExpense (17,611)us-gaap_NonoperatingIncomeExpense
Loss before income tax expense (7,939)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (13,322)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (18,735)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 766us-gaap_IncomeTaxExpenseBenefit 182us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit
Net loss $ (8,705)us-gaap_NetIncomeLoss $ (13,504)us-gaap_NetIncomeLoss $ (18,735)us-gaap_NetIncomeLoss
Net loss per common and potential common share      
Basic $ (0.08)us-gaap_EarningsPerShareBasic $ (0.14)us-gaap_EarningsPerShareBasic $ (0.22)us-gaap_EarningsPerShareBasic
Diluted $ (0.08)us-gaap_EarningsPerShareDiluted $ (0.14)us-gaap_EarningsPerShareDiluted $ (0.22)us-gaap_EarningsPerShareDiluted
Weighted average common and potential common shares outstanding      
Basic 106,341us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 97,750us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 86,999us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 106,341us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 97,750us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 86,999us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding