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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Product revenues, net $ 837,645 $ 1,333,458 $ 950,889
Royalty revenues 156,592 141,498 50,015
Collaborative revenues (1) 217,738 52,086 409,722
Total revenues 1,211,975 1,527,042 1,410,626
Costs and expenses:      
Cost of product revenues 88,979 236,742 63,625
Royalty expenses 41,298 43,143 16,880
Research and development expenses 918,783 806,185 707,706
Sales, general and administrative expenses 362,342 436,796 400,721
Restructuring Expense 40,521 1,844 2,074
Intangible asset impairment charges 663,500 0 105,800
Total costs and expenses 2,115,423 1,524,710 1,296,806
Income (loss) from operations (903,448) 2,332 113,820
Interest Income (Expense), Net (22,730) (15,022) (37,681)
Other Nonoperating Income (Expense) (49,939) 309 (15,694)
Income (loss) before provision for (benefit from) income taxes (976,117) (12,381) 60,445
Provision for (benefit from) income taxes (288,567) 38,754 19,266
Net income (loss) (687,550) (51,135) 41,179
Net loss (income) attributable to noncontrolling interest (Alios) 242,522 (55,897) (11,605)
Comprehensive (Income) Loss, Net of Tax, Attributable to Noncontrolling Interest (242,522) 55,897 11,605
Net income (loss) attributable to Vertex $ (445,028) $ (107,032) $ 29,574
Net income (loss) per share attributable to Vertex common shareholders:      
Basic (usd per share) $ (1.98) $ (0.50) $ 0.14
Diluted (usd per share) $ (1.98) $ (0.50) $ 0.14
Shares used in per share calculations:      
Basic (shares) 224,906 211,946 204,891
Diluted (shares) 224,906 211,946 208,807