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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Product revenues, net $ 160,388 $ 122,319 $ 291,263 $ 225,780
Royalty revenues 5,077 13,015 11,869 23,748
Collaborative revenues 611 3,087 1,453 7,344
Total revenues 166,076 138,421 304,585 256,872
Costs and expenses:        
Cost of product revenues 15,409 9,655 24,790 18,227
Royalty expenses 1,451 7,645 4,377 14,549
Research and development expenses 223,858 224,487 439,457 463,104
Sales, general and administrative expenses 94,394 77,446 180,254 151,658
Restructuring expenses (income) 2,128 (270) (1,144) 5,918
Total costs and expenses 337,240 318,963 647,734 653,456
Loss from operations (171,164) (180,542) (343,149) (396,584)
Interest expense, net (21,111) (15,585) (42,418) (31,302)
Other income (expenses), net 1,414 37,731 (3,699) 38,182
Loss from continuing operations before provision for income taxes (190,861) (158,396) (389,266) (389,704)
Provision for income taxes 30,131 693 30,430 1,496
Loss from continuing operations (220,992) (159,089) (419,696) (391,200)
Loss from discontinued operations, net of tax benefit of $0 0 (293) 0 (639)
Net loss (220,992) (159,382) (419,696) (391,839)
Loss attributable to noncontrolling interest 32,144 0 32,242 0
Net loss attributable to Vertex (188,848) (159,382) (387,454) (391,839)
Loss from continuing operations (188,848) (159,089) (387,454) (391,200)
Loss from discontinued operations $ 0 $ (293) $ 0 $ (639)
Net loss from continuing operations:        
Net loss per share from continuing operations, basic (usd per share) $ (0.78) $ (0.68) $ (1.61) $ (1.68)
Net loss per share from continuing operations, diluted (usd per share) (0.78) (0.68) (1.61) (1.68)
Net loss from discontinued operations:        
Net loss from discontinued operations, basic (usd per share) 0.00 0.00 0.00 0.00
Net loss from discontinued operations, diluted (usd per share) 0.00 0.00 0.00 0.00
Net loss:        
Basic (usd per share) (0.78) (0.68) (1.61) (1.68)
Diluted (usd per share) $ (0.78) $ (0.68) $ (1.61) $ (1.68)
Shares used in per share calculations:        
Basic (in shares) 240,757 233,808 240,129 233,353
Diluted (in shares) 240,757 233,808 240,129 233,353