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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenue:      
Total revenue $ 152,915 $ 114,617 $ 1,193,323
Operating costs and expenses:      
Cost of goods sold 19,477 21,374 24,412
Research and development 408,678 434,566 399,536
General and administrative 104,682 98,712 81,443
Impairment of assets and other costs for terminated program 45,189 0 0
Total operating costs and expenses 578,026 554,652 505,391
Income (loss) from operations (425,111) (440,035) 687,932
Non-operating income (expense):      
Interest expense (6,851) (21,310) (21,582)
Non-cash interest expense on liability related to sale of future royalties (30,267) (25,044) (21,196)
Interest income and other income (expense), net 18,282 46,335 37,571
Total non-operating expense, net (18,836) (19) (5,207)
Income (loss) before provision for income taxes (443,947) (440,054) 682,725
Provision for income taxes 493 613 1,412
Net income (loss) $ (444,440) $ (440,667) $ 681,313
Net income (loss) per share      
Basic ( in dollars per share) $ (2.49) $ (2.52) $ 4.02
Diluted (in dollars per share) $ (2.49) $ (2.52) $ 3.78
Weighted average shares outstanding used in computing net income (loss) per share      
Basic (in shares) 178,581 174,993 169,600
Diluted (in shares) 178,581 174,993 180,119
Product sales      
Revenue:      
Total revenue $ 17,504 $ 20,117 $ 20,774
Royalty revenue      
Revenue:      
Total revenue 30,999 41,222 41,976
Non-cash royalty revenue related to sale of future royalties      
Revenue:      
Total revenue 48,563 36,303 33,308
License, collaboration and other revenue      
Revenue:      
Total revenue $ 55,849 $ 16,975 $ 1,097,265