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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 430,196 $ 373,173
Accounts receivable, net of allowances of approximately $13.7 million and $17.6 million at March 31, 2016 and December 31, 2015 42,834 52,328
Inventory 68,454 64,584
Prepaid expenses and other current assets 19,337 19,995
Current assets held for sale 0 322,837
Total current assets 560,821 832,917
Fixed assets, net 34,416 34,780
Intangible assets, net 629,935 636,220
Goodwill 289,441 289,441
Restricted cash 1,406 1,428
Contingent purchase price from sale of business 78,000 0
Other assets 750 730
Total assets 1,594,769 1,795,516
Current liabilities:    
Accounts payable 15,526 36,038
Accrued expenses 103,109 128,558
Current portion of contingent purchase price 29,939 26,800
Convertible senior notes 258,800 255,473
Deferred revenue 21,869 19,863
Current liabilities held for sale 0 67,515
Total current liabilities 429,243 534,247
Contingent purchase price 89,673 96,957
Convertible senior notes 315,080 312,107
Deferred tax liabilities 89,150 89,996
Other liabilities 12,530 13,346
Total liabilities 935,676 1,046,653
Equity component of currently redeemable convertible senior notes (Note 10) 14,167 17,089
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; 187,500,000 authorized, 72,131,960 issued and 69,938,978 outstanding at March 31, 2016 and 71,767,371 issued and 69,574,389 outstanding at December 31, 2015 72 72
Additional paid-in capital 1,223,024 1,208,058
Treasury stock, at cost; 2,192,982 shares at March 31, 2016 and December 31, 2015 (50,000) (50,000)
Accumulated deficit (522,313) (429,865)
Accumulated other comprehensive (loss) income (5,377) 3,973
Total The Medicines Company stockholders’ equity 645,406 732,238
Non-controlling interest in joint venture (480) (464)
Total stockholders’ equity 644,926 731,774
Total liabilities and stockholders’ equity $ 1,594,769 $ 1,795,516