XML 24 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 1,665,412 $ 1,183,945
Marketable securities, available-for-sale 423,254 250,612
Restricted cash and cash equivalents (VIE) 1,489 47,762
Accounts receivable, net 281,343 200,364
Inventories 111,830 77,604
Prepaid expenses and other current assets 165,635 71,253
Total current assets 2,648,963 1,831,540
Property and equipment, net 789,437 698,362
Intangible assets 29,000 284,340
Goodwill 50,384 50,384
Cost method investments 20,447 20,276
Other assets 7,783 11,885
Total assets 3,546,014 2,896,787
Current liabilities:    
Accounts payable 73,994 61,451
Accrued expenses 443,961 315,249
Deferred revenues, current portion 5,169 6,005
Accrued restructuring expense, current portion 2,175 6,047
Capital lease obligations, current portion 22,531 19,426
Customer deposits 232,401 73,416
Credit facility 0 300,000
Other liabilities, current portion 27,029 10,943
Total current liabilities 807,260 792,537
Deferred revenues, excluding current portion 1,726 6,632
Accrued restructuring expense, excluding current portion 0 1,907
Capital lease obligations, excluding current portion 20,496 34,976
Deferred tax liability 6,341 134,063
Construction financing lease obligation, excluding current portion 563,406 486,359
Advance from collaborator, excluding current portion 78,431 73,423
Other liabilities, excluding current portion 26,048 28,699
Total liabilities 1,503,708 1,558,596
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued and outstanding at December 31, 2017 and 2016 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 253,253,362 and 248,300,517 shares issued and outstanding at December 31, 2017 and 2016, respectively 2,512 2,450
Additional paid-in capital 7,157,362 6,506,795
Accumulated other comprehensive (loss) income (11,572) 21,173
Accumulated deficit (5,119,723) (5,373,836)
Total Vertex shareholders’ equity 2,028,579 1,156,582
Noncontrolling interest 13,727 181,609
Total shareholders’ equity 2,042,306 1,338,191
Total liabilities and shareholders’ equity $ 3,546,014 $ 2,896,787