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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 267,923 $ 475,320
Marketable securities, available for sale 712,944 493,602
Restricted cash and cash equivalents (Alios) 58,017 [1] 51,878 [1]
Accounts receivable, net 232,228 183,135
Inventories 129,595 112,430
Prepaid expenses and other current assets 35,407 [1] 14,889 [1]
Total current assets 1,436,114 1,331,254
Restricted cash 34,090 34,090
Property and equipment, net 170,331 [1] 133,176 [1]
Intangible assets 663,500 [1] 663,500 [1]
Goodwill 30,992 [1] 30,992 [1]
Other assets 10,816 [1] 11,268 [1]
Total assets 2,345,843 2,204,280
Current liabilities:    
Accounts payable 73,226 [1] 74,642 [1]
Accrued expenses and other current liabilities 241,483 [1] 252,299 [1]
Accrued interest 6,713 [1] 3,363 [1]
Deferred revenues, current portion 30,491 45,037
Accrued restructuring expense, current portion 4,701 4,932
Income taxes payable (Alios) 201 [1] 12,075 [1]
Total current liabilities 356,815 392,348
Deferred revenues, excluding current portion 116,189 118,095
Accrued restructuring expense, excluding current portion 20,772 21,381
Convertible senior subordinated notes (due 2015) 400,000 400,000
Deferred tax liability 241,426 [1] 243,707 [1]
Construction financing obligation 94,179 55,950
Other liabilities 10,885 [1] 7,287 [1]
Total liabilities 1,240,266 1,238,768
Commitments and contingencies:      
Redeemable noncontrolling interest (Alios) 37,496 [1] 37,036 [1]
Shareholders' equity:    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued and outstanding at March 31,2012 and December 31, 2011      
Common stock, $0.01 par value; 300,000,000 shares authorized; 210,863,353 and 209,303,995 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively 2,087 2,072
Additional paid-in capital 4,252,284 4,200,659
Accumulated other comprehensive loss (628) (1,053)
Accumulated deficit (3,323,245) (3,414,835)
Total Vertex shareholders' equity 930,498 786,843
Noncontrolling interest (Alios) 137,583 [1] 141,633 [1]
Total shareholders' equity 1,068,081 928,476
Total liabilities and shareholders' equity $ 2,345,843 $ 2,204,280
[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 C, "Collaborative Arrangements," to these condensed consolidated financial statements for amounts.