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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 519,446 $ 315,382
Available for sale securities 50,875 25,130
Accrued interest receivable 348 374
Accounts receivable, net of allowances of approximately $17.7 million and $18.1 million at December 31, 2012 and 2011 85,893 74,559
Inventory 76,355 45,145
Deferred tax assets 13,881 9,395
Prepaid expenses and other current assets 9,577 11,738
Total current assets 756,375 481,723
Fixed assets, net 16,100 17,979
Intangible assets, net 119,576 87,329
Goodwill 14,671 14,671
Restricted cash 1,571 4,714
Deferred tax assets 46,625 78,441
Other assets 17,264 7,790
Total assets 972,182 692,647
Current liabilities:    
Accounts payable 25,378 6,587
Accrued expenses 107,453 147,382
Deferred revenue 2,375 666
Total current liabilities 135,206 154,635
Contingent purchase price 18,971 20,431
Convertible senior notes (due 2017) 226,109 0
Other liabilities 5,674 5,939
Total liabilities 385,960 181,005
Stockholders' equity:    
Preferred stock, $1.00 par value per share, 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $.001 par value per share, 125,000,000 shares authorized; 56,153,140 issued and 53,960,158 outstanding at December 31, 2012 and 54,313,107 issued and outstanding at December 31, 2011 56 54
Additional paid-in capital 697,427 623,801
Treasury stock, at cost; 2,192,982 and 0 shares at December 31, 2012 and December 31, 2011, respectively (50,000) 0
Accumulated deficit (60,411) (111,665)
Accumulated other comprehensive (loss) (766) (548)
Total The Medicines Company stockholders’ equity 586,306 511,642
Non-controlling interest in joint venture (84) 0
Total stockholders’ equity 586,222 511,642
Total liabilities and stockholders’ equity $ 972,182 $ 692,647