| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenues | |||||||||
Total revenues | |||||||||
392,755 | 408,897 | 302,238 | 215,003 | 147,465 | 92,678 | 12,019 | 1,480 | 803 | - |
Costs and expenses | |||||||||
Cost of goods sold | |||||||||
16,660 | 15,356 | 15,215 | 11,986 | 8,423 | 5,758 | 1,104 | - | - | - |
Research and development | |||||||||
69,099 | 89,209 | 49,577 | 42,791 | 29,135 | 19,586 | 17,245 | 23,517 | 30,627 | 35,149 |
Selling, general and administrative | |||||||||
158,425 | 159,888 | 137,905 | 106,010 | 89,063 | 72,612 | 55,590 | 20,132 | 7,928 | 5,080 |
Total costs and expenses | |||||||||
244,184 | 264,453 | 202,697 | 160,787 | 126,621 | 97,956 | 73,939 | 43,649 | 38,555 | 40,229 |
Operating earnings | |||||||||
148,571 | 144,444 | 99,541 | 54,216 | 20,844 | -5,278 | -61,920 | -42,169 | -37,752 | -40,123 |
Other income (expense) | |||||||||
Interest expense | |||||||||
22,707 | 18,111 | 1,568 | 543 | 1,229 | 4,963 | 7,849 | 3,575 | 1,866 | - |
Interest income, net | |||||||||
21,623 | 13,843 | 2,645 | - | - | - | - | - | - | - |
Interest income | |||||||||
- | - | - | 1,467 | 681 | 348 | 299 | 120 | 31 | 107 |
Interest expense on non-recourse liability related to sale of future royalties | |||||||||
- | - | - | 4,548 | 3,541 | 658 | - | - | - | - |
Changes in fair value of derivative liabilities | |||||||||
- | - | - | 448 | 193 | 2,809 | -13,354 | -710 | -85 | - |
Loss on extinguishment of debt | |||||||||
- | - | - | -671 | -2,338 | -2,592 | -9,550 | - | - | - |
Total other income (expense) | |||||||||
-1,084 | -4,268 | 1,077 | - | - | 39 | 101 | 50 | 202 | 542 |
Total other income (expense) | |||||||||
- | - | - | -3,847 | -6,234 | -5,017 | -30,353 | -4,115 | -1,718 | 649 |
Earnings before income taxes | |||||||||
147,487 | 140,176 | 100,618 | 50,369 | 14,610 | -10,295 | -92,273 | - | -39,470 | -39,474 |
Income tax expense | |||||||||
34,431 | 29,183 | 43,334 | -40,852 | 666 | 630 | - | - | -16,245 | -399 |
Loss from continuing operations | |||||||||
- | - | - | - | - | - | - | - | -23,225 | -39,075 |
Income from discontinued operations, net of tax | |||||||||
- | - | - | - | - | - | - | - | 2,188 | 612 |
Gain on disposal of discontinued operations, net of tax | |||||||||
- | - | - | - | - | - | - | - | 74,852 | - |
Income from discontinued operations | |||||||||
- | - | - | - | - | - | - | - | 77,040 | 612 |
Net earnings | |||||||||
113,056 | 110,993 | 57,284 | 91,221 | 13,944 | -10,925 | -92,273 | -46,284 | 53,815 | -38,463 |
Cumulative dividends on Series A convertible preferred stock | |||||||||
- | - | - | - | - | - | - | 1,143 | 3,430 | 3,430 |
Net income (loss) attributable to common stockholders | |||||||||
- | - | - | - | - | - | - | -47,427 | 50,385 | -41,893 |
Basic and diluted (in shares) | |||||||||
- | - | - | - | - | - | - | - | 1,605 | - |
Earnings per share | |||||||||
Basic (in dollars per share) | |||||||||
2.16 | 2.13 | 1.13 | 1.84 | 0.29 | -0.26 | -2.90 | -2.72 | - | - |
Diluted (in dollars per share) | |||||||||
2.10 | 2.05 | 1.08 | 1.76 | 0.28 | -0.26 | -2.90 | -2.72 | - | - |
Net (loss) income per common share: | |||||||||
Continuing operations (in dollars per share) | |||||||||
- | - | - | - | - | - | - | - | -16.60 | -26.77 |
Discontinued operations (in dollars per share) | |||||||||
- | - | - | - | - | - | - | - | 47.99 | 0.39 |
Basic and diluted (in dollars per share) | |||||||||
- | - | - | - | - | - | - | - | 31.39 | -26.38 |
Weighted-average shares outstanding | |||||||||
Basic (in shares) | |||||||||
52,412 | 51,989 | 50,756 | 49,472 | 47,485 | 42,260 | 31,848 | 17,440 | - | 1,587 |
Diluted (in shares) | |||||||||
53,816 | 54,098 | 53,301 | 51,708 | 51,160 | 42,260 | 31,848 | 17,440 | - | 1,587 |
Net product sales | |||||||||
Total revenues | |||||||||
383,400 | 399,871 | 294,097 | 210,078 | 143,526 | 89,571 | 11,552 | - | - | 106 |
Royalty revenues | |||||||||
Total revenues | |||||||||
9,355 | 8,276 | 6,367 | 4,686 | 3,038 | 633 | - | - | - | - |
Licensing revenue | |||||||||
Total revenues | |||||||||
0 | 750 | 1,774 | 239 | 901 | 2,474 | 467 | 1,480 | 803 | - |