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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Product revenues, net $ 1,000,324 $ 487,821 $ 837,645
Royalty revenues 23,959 40,919 156,592
Collaborative revenues 8,053 51,675 217,738
Total revenues 1,032,336 580,415 1,211,975
Costs and expenses:      
Cost of product revenues 117,151 39,725 88,979
Royalty expenses 7,361 21,262 41,298
Research and development expenses 995,922 855,506 882,097
Sales, general and administrative expenses 376,575 305,409 356,188
Restructuring expenses 2,206 50,925 40,521
Intangible asset impairment charges 0 0 412,900
Total costs and expenses 1,499,215 1,272,827 1,821,983
Loss from operations (466,879) (692,412) (610,008)
Interest expense, net (84,206) (72,863) (22,926)
Other (expense) income, net (6,715) 30,400 6,890
Loss from continuing operations before provision for (benefit from) income taxes (557,800) (734,875) (626,044)
Provision for (benefit from) income taxes 30,381 6,958 (122,422)
Loss from continuing operations (588,181) (741,833) (503,622)
Loss from discontinued operations, net of tax benefit of $0, $0 and $(166,145), respectively 0 (912) (183,928)
Net loss (588,181) (742,745) (687,550)
Loss from discontinued operations attributable to noncontrolling interest 0 0 242,522
Loss attributable to noncontrolling interest 31,847 4,190 0
Net loss attributable to Vertex (556,334) (738,555) (445,028)
Loss from continuing operations (556,334) (737,643) (503,622)
(Loss) income from discontinued operations $ 0 $ (912) $ 58,594
Net loss from continuing operations:      
Net (loss) income from continuing operations, basic (usd per share) $ (2.31) $ (3.14) $ (2.24)
Net (loss) income from continuing operations, diluted (usd per share) (2.31) (3.14) (2.24)
Net (loss) income from discontinued operations:      
Net (loss) income from discontinuing operations, basic (usd per share) 0.00 0.00 0.26
Net (loss) income from discontinuing operations, diluted (usd per share) 0.00 0.00 0.26
Net loss:      
Basic (usd per share) (2.31) (3.14) (1.98)
Diluted (usd per share) $ (2.31) $ (3.14) $ (1.98)
Shares used in per share calculations:      
Basic (in shares) 241,312 235,307 224,906
Diluted (in shares) 241,312 235,307 224,906