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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 436,715 $ 541,835
Accounts receivable, net of allowances of approximately $3.2 million and $2.9 million at March 31, 2017 and December 31, 2016, respectively 22,538 22,087
Inventory, net 71,707 70,898
Prepaid expenses and other current assets 15,356 19,133
Total current assets 546,316 653,953
Fixed assets, net 30,794 30,961
Indefinite-lived intangible assets, net 253,620 253,620
Finite-lived intangible assets, net 355,132 361,601
Goodwill 255,629 255,629
Restricted cash 5,037 5,032
Contingent purchase price from sale of businesses 143,700 143,700
Other assets 724 715
Total assets 1,590,952 1,705,211
Current liabilities:    
Accounts payable 17,529 28,450
Accrued expenses 63,303 88,524
Current portion of contingent purchase price 45,508 55,000
Convertible senior notes 381,892 53,749
Deferred revenue 18,641 18,902
Total current liabilities 526,873 244,625
Contingent purchase price 79,227 82,289
Convertible senior notes 302,414 623,584
Deferred tax liabilities 89,992 89,992
Other liabilities 11,258 11,705
Total liabilities 1,009,764 1,052,195
Equity component of currently redeemable convertible senior notes 65,372 1,033
Stockholders’ equity:    
Preferred stock, $1.00 par value per share, 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.001 par value per share, 187,500,000 authorized; 74,306,937 issued and 72,113,955 outstanding at March 31, 2017 and 73,212,545 issued and 71,019,563 outstanding at December 31, 2016 74 73
Additional paid-in capital 1,223,202 1,256,890
Treasury stock, at cost; 2,192,982 shares at March 31, 2017 and December 31, 2016 (50,000) (50,000)
Accumulated deficit (651,653) (548,983)
Accumulated other comprehensive loss (5,807) (5,479)
Total The Medicines Company stockholders’ equity 515,816 652,501
Non-controlling interest in joint venture 0 (518)
Total stockholders’ equity 515,816 651,983
Total liabilities and stockholders’ equity 1,590,952 1,705,211
Product licenses, net    
Current assets:    
Finite-lived intangible assets, net 26,214 26,987
Developed product rights, net    
Current assets:    
Finite-lived intangible assets, net 328,918 334,614
In-process research & development    
Current assets:    
Indefinite-lived intangible assets, net $ 253,620 $ 253,620