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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 2,478,302 $ 1,665,412
Marketable securities 577,583 423,254
Restricted cash and cash equivalents (VIE) 8,143 1,489
Accounts receivable, net 379,755 281,343
Inventories 124,150 111,830
Prepaid expenses and other current assets 118,678 165,635
Total current assets 3,686,611 2,648,963
Property and equipment, net 808,352 789,437
Intangible assets 29,000 29,000
Goodwill 50,384 50,384
Other assets 46,493 28,230
Total assets 4,620,840 3,546,014
Current liabilities:    
Accounts payable 92,149 73,994
Accrued expenses 504,240 443,961
Capital lease obligations, current portion 11,511 22,531
Early access sales accrual 324,251 232,401
Other liabilities, current portion 60,357 34,373
Total current liabilities 992,508 807,260
Capital lease obligations, excluding current portion 15,141 20,496
Deferred tax liability 9,414 6,341
Construction financing lease obligation, excluding current portion 561,389 563,406
Advance from collaborator, excluding current portion 81,610 78,431
Other liabilities, excluding current portion 26,297 27,774
Total liabilities 1,686,359 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, 255,610,812 and 253,253,362 shares issued and outstanding, respectively 2,551 2,512
Additional paid-in capital 7,443,263 7,157,362
Accumulated other comprehensive income (loss) 307 (11,572)
Accumulated deficit (4,540,005) (5,119,723)
Total Vertex shareholders’ equity 2,906,116 2,028,579
Noncontrolling interest 28,365 13,727
Total shareholders’ equity 2,934,481 2,042,306
Total liabilities and shareholders’ equity $ 4,620,840 $ 3,546,014