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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Product revenues, net $ 267,381 $ 375,375
Royalty revenues 43,573 38,981
Collaborative revenues 17,414 24,381
Total revenues 328,368 438,737
Costs and expenses:    
Cost of product revenues 30,955 25,918
Royalty expenses 11,788 13,293
Research and development expenses 218,095 196,371
Sales, general and administrative expenses 92,879 111,146
Restructuring expense 39 360
Intangible asset impairment charge (Note I) 412,900 0
Total costs and expenses 766,656 347,088
Income (loss) from operations (438,288) 91,649
Other income (expense), net (4,652) (3,741)
Income (loss) before provision for (benefit from) income taxes (442,940) 87,908
Provision for (benefit from) income taxes (130,313) 32
Net income (loss) (312,627) 87,876
Net loss (income) attributable to noncontrolling Interest (Alios) 4,611 3,714
Net income (loss) attributable to Vertex $ (308,016) $ 91,590
Net income (loss) per share attributable to Vertex common shareholders:    
Basic (usd per share) $ (1.43) $ 0.44
Diluted (usd per share) $ (1.43) $ 0.43
Shares used in per share calculations:    
Basic (shares) 215,421 208,018
Diluted (shares) 215,421 219,264