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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 2,145,359 $ 1,665,412
Marketable securities 622,396 423,254
Restricted cash and cash equivalents (VIE) 8,510 1,489
Accounts receivable, net 393,439 281,343
Inventories 115,025 111,830
Prepaid expenses and other current assets 122,694 165,635
Total current assets 3,407,423 2,648,963
Property and equipment, net 815,928 789,437
Intangible assets 29,000 29,000
Goodwill 50,384 50,384
Other assets 32,651 28,230
Total assets 4,335,386 3,546,014
Current liabilities:    
Accounts payable 83,034 73,994
Accrued expenses 479,120 443,961
Capital lease obligations, current portion 15,060 22,531
Early access sales accrual 290,457 232,401
Other liabilities, current portion 59,629 34,373
Total current liabilities 927,300 807,260
Capital lease obligations, excluding current portion 15,030 20,496
Deferred tax liability 9,335 6,341
Construction financing lease obligation, excluding current portion 562,645 563,406
Advance from collaborator, excluding current portion 80,602 78,431
Other liabilities, excluding current portion 25,591 27,774
Total liabilities 1,620,503 1,503,708
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 254,882,837 and 253,253,362 shares issued and outstanding, respectively 2,542 2,512
Additional paid-in capital 7,357,042 7,157,362
Accumulated other comprehensive loss (4,605) (11,572)
Accumulated deficit (4,668,751) (5,119,723)
Total Vertex shareholders’ equity 2,686,228 2,028,579
Noncontrolling interest 28,655 13,727
Total shareholders’ equity 2,714,883 2,042,306
Total liabilities and shareholders’ equity $ 4,335,386 $ 3,546,014