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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 583,181 [1] $ 489,407 [1]
Marketable securities, available for sale 839,469 [1] 831,808 [1]
Restricted cash and cash equivalents (Alios) 51,059 [1] 69,983 [1]
Accounts receivable, net 120,281 [1] 143,250 [1]
Inventories 13,537 [1] 30,464 [1]
Prepaid expenses and other current assets 41,104 [1] 24,673 [1]
Total current assets 1,648,631 [1] 1,589,585 [1]
Restricted cash 127 [1] 31,934 [1]
Property and equipment, net 648,924 [1] 433,609 [1]
Intangible assets 250,600 [1] 663,500 [1]
Goodwill 30,992 [1] 30,992 [1]
Other assets 3,474 [1] 9,668 [1]
Total assets 2,582,748 [1] 2,759,288 [1]
Current liabilities:    
Accounts payable 51,533 [1] 101,292 [1]
Accrued expenses 280,848 [1] 264,884 [1]
Deferred revenues, current portion 31,007 [1] 27,566 [1]
Accrued restructuring expense, current portion 9,858 [1] 4,758 [1]
Capital lease obligations, current portion 14,429 [1] 13,707 [1]
Other liabilities, current portion 21,824 [1] 20,417 [1]
Total current liabilities 409,499 [1] 432,624 [1]
Deferred revenues, excluding current portion 77,354 [1] 96,242 [1]
Accrued restructuring expense, excluding current portion 16,280 [1] 18,570 [1]
Capital lease obligations, excluding current portion 39,381 [1] 15,170 [1]
Convertible senior subordinated notes (due 2015) 0 [1] 400,000 [1]
Deferred tax liability 150,203 [1] 280,367 [1]
Construction financing lease obligation 392,569 [1] 268,031 [1]
Other liabilities, excluding current portion 10,782 [1] 13,902 [1]
Total liabilities 1,096,068 [1] 1,524,906 [1]
Commitments and contingencies    [1]    [1]
Redeemable noncontrolling interest (Alios) 39,624 [1] 38,530 [1]
Shareholders’ equity:    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued and outstanding at September 30, 2013 and December 31, 2012 0 [1] 0 [1]
Common stock, $0.01 par value; 300,000,000 shares authorized at September 30, 2013 and December 31, 2012; 233,592,201 and 217,286,868 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively 2,311 [1] 2,149 [1]
Additional paid-in capital 5,274,307 [1] 4,519,448 [1]
Accumulated other comprehensive loss (550) [1] (550) [1]
Accumulated deficit (4,011,180) [1] (3,521,867) [1]
Total Vertex shareholders’ equity 1,264,888 [1] 999,180 [1]
Noncontrolling interest (Alios) 182,168 [1] 196,672 [1]
Total shareholders’ equity 1,447,056 [1] 1,195,852 [1]
Total liabilities and shareholders’ equity $ 2,582,748 [1] $ 2,759,288 [1]
[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.