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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 531,247 [1] $ 489,407 [1]
Marketable securities, available for sale 899,449 [1] 831,808 [1]
Restricted cash and cash equivalents (Alios) 58,288 [1] 69,983 [1]
Accounts receivable, net 164,866 [1] 143,250 [1]
Inventories 19,509 [1] 30,464 [1]
Prepaid expenses and other current assets 43,231 [1] 24,673 [1]
Total current assets 1,716,590 [1] 1,589,585 [1]
Restricted cash 122 [1] 31,934 [1]
Property and equipment, net 581,738 [1] 433,609 [1]
Intangible assets 250,600 [1] 663,500 [1]
Goodwill 30,992 [1] 30,992 [1]
Other assets 4,287 [1] 9,668 [1]
Total assets 2,584,329 [1] 2,759,288 [1]
Current liabilities:    
Accounts payable 48,570 [1] 101,292 [1]
Accrued expenses 260,849 [1] 264,884 [1]
Deferred revenues, current portion 32,900 [1] 27,566 [1]
Accrued restructuring expense, current portion 5,047 [1] 4,758 [1]
Capital lease obligations, current portion 10,664 [1] 13,707 [1]
Other liabilities, current portion 23,622 [1] 20,417 [1]
Total current liabilities 381,652 [1] 432,624 [1]
Deferred revenues, excluding current portion 84,066 [1] 96,242 [1]
Accrued restructuring expense, excluding current portion 17,005 [1] 18,570 [1]
Capital lease obligations, excluding current portion 28,088 [1] 15,170 [1]
Convertible senior subordinated notes (due 2015) 0 [1] 400,000 [1]
Deferred tax liability 149,706 [1] 280,367 [1]
Construction financing lease obligation 359,100 [1] 268,031 [1]
Other liabilities, excluding current portion 16,049 [1] 13,902 [1]
Total liabilities 1,035,666 [1] 1,524,906 [1]
Commitments and contingencies    [1]    [1]
Redeemable noncontrolling interest (Alios) 39,214 [1] 38,530 [1]
Shareholders’ equity:    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued and outstanding at June 30, 2013 and December 31, 2012 0 [1] 0 [1]
Common stock, $0.01 par value; 300,000,000 shares authorized at June 30, 2013 and December 31, 2012; 232,176,564 and 217,286,868 shares issued and outstanding at June 30, 2013 and December 31, 2012, respectively 2,300 [1] 2,149 [1]
Additional paid-in capital 5,208,431 [1] 4,519,448 [1]
Accumulated other comprehensive loss (1,230) [1] (550) [1]
Accumulated deficit (3,887,048) [1] (3,521,867) [1]
Total Vertex shareholders’ equity 1,322,453 [1] 999,180 [1]
Noncontrolling interest (Alios) 186,996 [1] 196,672 [1]
Total shareholders’ equity 1,509,449 [1] 1,195,852 [1]
Total liabilities and shareholders’ equity $ 2,584,329 [1] $ 2,759,288 [1]
[1] Amounts include the assets and liabilities of Vertex’s variable interest entity (“VIE”), Alios BioPharma, Inc. (“Alios”). Vertex’s interests and obligations with respect to the VIE’s assets and liabilities are limited to those accorded to Vertex in its agreement with Alios. See Note C, "Collaborative Arrangements," to these condensed consolidated financial statements for amounts.