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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 475,320 $ 243,197
Marketable securities, available for sale 493,602 788,214
Restricted cash and cash equivalents (Alios) 51,878 [1]  
Accounts receivable, net 183,135 [1] 12,529
Inventories 112,430  
Prepaid expenses and other current assets 14,889 [1] 13,099
Total current assets 1,331,254 1,057,039
Restricted cash 34,090 34,090
Property and equipment, net 133,176 [1] 72,333
Intangible assets 663,500 [1] 518,700
Goodwill 30,992 [1] 26,102
Other assets 11,268 [1] 17,182
Total assets 2,204,280 1,725,446
Current liabilities:    
Accounts payable 74,642 [1] 35,851
Accrued expenses and other current liabilities 252,299 [1] 134,414
Accrued interest 3,363 [1] 3,462 [1]
Deferred revenues, current portion 45,037 74,619
Accrued restructuring expense, current portion 4,932 5,497
Secured notes (due 2012)   136,991
Liability related to sale of milestone payments   77,799
Income taxes payable (Alios) 12,075 [1]  
Other obligations   6,150
Total current liabilities 392,348 474,783
Deferred revenues, excluding current portion 118,095 160,049
Accrued restructuring expense, excluding current portion 21,381 24,098
Convertible senior subordinated notes (due 2015) 400,000 400,000
Deferred tax liability 243,707 [1] 160,278
Construction financing obligation 55,950  
Other liabilities 7,287 [1] 2,265
Total liabilities 1,238,768 1,221,473
Commitments and contingencies (Note T and Note U)      
Redeemable noncontrolling interest (Alios) 37,036 [1]  
Shareholders' equity:    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued and outstanding at December 31, 2011 and 2010      
Common stock, $0.01 par value; 300,000,000 shares authorized at December 31, 2011 and 2010; 209,303,995 and 203,522,976 shares issued and outstanding at December 31, 2011 and 2010, respectively 2,072 2,016
Additional paid-in capital 4,200,659 3,947,433
Accumulated other comprehensive loss (1,053) (1,067)
Accumulated deficit (3,414,835) (3,444,409)
Total Vertex shareholders' equity 786,843 503,973
Noncontrolling interest (Alios) 141,633 [1]  
Total shareholders' equity 928,476 503,973
Total liabilities and shareholders' equity $ 2,204,280 $ 1,725,446
[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 B , "Collaborative Arrangements," to these consolidated financial statements for amounts.