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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 202,422 $ 541,835
Available for sale securities 131,545 0
Accounts receivable, net of allowances of approximately $3.0 million and $2.9 million at June 30, 2017 and December 31, 2016, respectively 15,570 22,087
Inventory, net 71,417 70,898
Prepaid expenses and other current assets 15,074 19,133
Total current assets 436,028 653,953
Fixed assets, net 20,899 30,961
Indefinite-lived intangible assets 188,620 253,620
Finite-lived intangible assets, net 100,451 361,601
Goodwill 255,629 255,629
Restricted cash 5,033 5,032
Contingent purchase price from sale of businesses 143,700 143,700
Other assets 749 715
Total assets 1,151,109 1,705,211
Current liabilities:    
Accounts payable 16,531 28,450
Accrued expenses 87,384 88,524
Current portion of contingent purchase price 66,700 55,000
Convertible senior notes 330,637 53,749
Deferred revenue 14,039 18,902
Total current liabilities 515,291 244,625
Contingent purchase price 44,471 82,289
Convertible senior notes 305,517 623,584
Deferred tax liabilities 67,003 89,992
Other liabilities 13,821 11,705
Total liabilities 946,103 1,052,195
Equity component of currently redeemable convertible senior notes 62,053 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; 75,599,584 issued and 72,586,441 outstanding at June 30, 2017 and 73,212,545 issued and 71,019,563 outstanding at December 31, 2016 76 73
Additional paid-in capital 1,287,260 1,256,890
Treasury stock, at cost; 3,013,143 and 2,192,982 shares at June 30, 2017 and December 31, 2016, respectively (90,016) (50,000)
Accumulated deficit (1,048,921) (548,983)
Accumulated other comprehensive loss (5,446) (5,479)
Total The Medicines Company stockholders’ equity 142,953 652,501
Non-controlling interest in joint venture 0 (518)
Total stockholders’ equity 142,953 651,983
Total liabilities and stockholders’ equity 1,151,109 1,705,211
Product licenses, net    
Current assets:    
Finite-lived intangible assets, net 0 26,987
Developed product rights, net    
Current assets:    
Finite-lived intangible assets, net 100,451 334,614
In-process research & development    
Current assets:    
Indefinite-lived intangible assets $ 188,620 $ 253,620