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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Product revenues, net $ 122,319 $ 254,789 $ 225,780 $ 522,170
Royalty revenues 13,015 49,120 23,748 92,693
Collaborative revenues 3,087 6,841 7,344 24,255
Total revenues 138,421 310,750 256,872 639,118
Costs and expenses:        
Cost of product revenues 9,655 24,695 18,227 55,650
Royalty expenses 7,645 13,236 14,549 25,024
Research and development expenses 224,780 222,455 463,743 440,550
Sales, general and administrative expenses 77,446 106,521 151,658 199,400
Restructuring expenses (270) 776 5,918 815
Intangible asset impairment charge 0 0 0 412,900
Total costs and expenses 319,256 367,683 654,095 1,134,339
Loss from operations (180,835) (56,933) (397,223) (495,221)
Interest expense, net (15,585) (6,551) (31,302) (10,016)
Other income (expense), net 37,731 (27) 38,182 (1,214)
Loss before provision for (benefit from) income taxes (158,689) (63,511) (390,343) (506,451)
Provision for (benefit from) income taxes 693 (1,799) 1,496 (132,112)
Net loss (159,382) (61,712) (391,839) (374,339)
Net loss attributable to noncontrolling interest (Alios) 0 4,547 0 9,158
Net loss attributable to Vertex $ (159,382) $ (57,165) $ (391,839) $ (365,181)
Net loss per share attributable to Vertex common shareholders:        
Basic (usd per share) $ (0.68) $ (0.26) $ (1.68) $ (1.67)
Diluted (usd per share) $ (0.68) $ (0.26) $ (1.68) $ (1.67)
Shares used in per share calculations:        
Basic (shares) 233,808 222,053 233,353 218,795
Diluted (shares) 233,808 222,053 233,353 218,795