XML 84 R65.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Basic net income (loss) attributable to Vertex per common share calculation:                      
Net income (loss) attributable to Vertex common shareholders $ 100,684 $ (102,952) $ 17,996 $ 247,756 $ 32,945 $ (38,841) $ (64,525) $ (41,631) $ 263,484 $ (112,052) $ (556,334)
Less: Undistributed earnings allocated to participating securities                 (293) 0 0
Net income (loss) attributable to Vertex common shareholders—basic                 $ 263,191 $ (112,052) $ (556,334)
Basic weighted-average common shares outstanding 251,557 250,268 247,521 246,024 245,454 244,920 244,482 243,831 248,858 244,685 241,312
Basic net income (loss) attributable to Vertex per common share (usd per share) $ 0.40 $ (0.41) $ 0.07 $ 1.01 $ 0.13 $ (0.16) $ (0.26) $ (0.17) $ 1.06 $ (0.46) $ (2.31)
Diluted net income (loss) attributable to Vertex per common share calculation:                      
Net income (loss) attributable to Vertex common shareholders—diluted                 $ 263,196 $ (112,052) $ (556,334)
Less: Undistributed earnings allocated to participating securities                 $ (288) $ 0 $ 0
Employee stock purchase plan (in shares)                 28 0 0
Weighted-average shares used to compute diluted net income (loss) per common share 256,804 250,268 251,635 248,700 247,757 244,920 244,482 243,831 253,225 244,685 241,312
Diluted net income (loss) attributable to Vertex per common share (usd per share) $ 0.39 $ (0.41) $ 0.07 $ 0.99 $ 0.13 $ (0.16) $ (0.26) $ (0.17) $ 1.04 $ (0.46) $ (2.31)
Stock options                      
Diluted net income (loss) attributable to Vertex per common share calculation:                      
Share-based payment arrangements (in shares)                 2,797 0 0
Antidilutive securities excluded from computation of earnings per share (in shares)                 3,554 12,642 11,145
Unvested restricted stock and restricted stock units (including PSUs)                      
Diluted net income (loss) attributable to Vertex per common share calculation:                      
Antidilutive securities excluded from computation of earnings per share (in shares)                 411 3,546 3,024
Restricted stock and restricted stock units (including PSUs)                      
Diluted net income (loss) attributable to Vertex per common share calculation:                      
Share-based payment arrangements (in shares)                 1,542 0 0