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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 166,734 $ 541,835
Available for sale securities 42,168 0
Accounts receivable, net of allowances of approximately $6.7 million and $2.9 million at September 30, 2017 and December 31, 2016, respectively 7,793 22,087
Inventory, net 67,169 70,898
Prepaid expenses and other current assets 13,974 19,133
Total current assets 297,838 653,953
Fixed assets, net 18,022 30,961
Indefinite-lived intangible assets 0 253,620
Finite-lived intangible assets, net 285,965 361,601
Goodwill 255,629 255,629
Restricted cash 5,048 5,032
Contingent purchase price from sale of businesses 143,700 143,700
Other assets 778 715
Total assets 1,006,980 1,705,211
Current liabilities:    
Accounts payable 11,698 28,450
Accrued expenses 81,246 88,524
Current portion of contingent purchase price 28,700 55,000
Convertible senior notes 0 53,749
Deferred revenue 7,269 18,902
Total current liabilities 128,913 244,625
Contingent purchase price 34,183 82,289
Convertible senior notes 642,655 623,584
Deferred tax liabilities 0 89,992
Other liabilities 13,174 11,705
Total liabilities 818,925 1,052,195
Equity component of currently redeemable convertible senior notes 0 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; 75,791,437 issued and 72,778,294 outstanding at September 30, 2017 and 73,212,545 issued and 71,019,563 outstanding at December 31, 2016 76 73
Additional paid-in capital 1,362,040 1,256,890
Treasury stock, at cost; 3,013,143 and 2,192,982 shares at September 30, 2017 and December 31, 2016, respectively (90,016) (50,000)
Accumulated deficit (1,079,096) (548,983)
Accumulated other comprehensive loss (4,949) (5,479)
Total The Medicines Company stockholders’ equity 188,055 652,501
Non-controlling interest in joint venture 0 (518)
Total stockholders’ equity 188,055 651,983
Total liabilities and stockholders’ equity 1,006,980 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 285,965 334,614
In-process research & development    
Current assets:    
Indefinite-lived intangible assets $ 0 $ 253,620