SHARE-BASED COMPENSATION
 9 Months Ended
Sep. 30, 2016
SHARE-BASED COMPENSATION  
SHARE-BASED COMPENSATION

11. SHARE-BASED COMPENSATION

 

Share-based compensation expense consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30, 

 

September 30, 

 

(In thousands)

 

2016

 

2015

    

2016

 

2015

 

Cost of goods manufactured and sold

 

$
2,151

 

$
4,311

 

$
6,693

 

$
6,806

 

Research and development

 

 
6,032

 

 
9,028

 

 
18,830

 

 
18,951

 

Selling, general and administrative

 

 
15,543

 

 
21,928

 

 
49,090

 

 
48,716

 

Total share-based compensation expense

 

$
23,726

 

$
35,267

 

$
74,613

 

$
74,473

 

 

At September 30, 2016 and December 31, 2015,  $1.3 million and $1.1 million, respectively, of share-based compensation cost was capitalized and recorded as “Inventory” in the accompanying condensed consolidated balance sheets.