XML 25 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 2,650,134 $ 1,665,412
Marketable securities 518,108 423,254
Accounts receivable, net 409,688 281,343
Inventories 124,360 111,830
Prepaid expenses and other current assets 140,819 167,124
Total current assets 3,843,109 2,648,963
Property and equipment, net 812,005 789,437
Intangible assets 0 29,000
Goodwill 50,384 50,384
Deferred tax assets 1,499,672 834
Other assets 40,728 27,396
Total assets 6,245,898 3,546,014
Current liabilities:    
Accounts payable 110,987 73,994
Accrued expenses 604,495 443,961
Capital lease obligations, current portion 9,817 22,531
Early access sales accrual 354,404 232,401
Other liabilities, current portion 40,589 34,373
Total current liabilities 1,120,292 807,260
Capital lease obligations, excluding current portion 19,658 20,496
Deferred tax liabilities 0 6,341
Construction financing lease obligation, excluding current portion 561,892 563,406
Advance from collaborator, excluding current portion 82,573 78,431
Other liabilities, excluding current portion 26,280 27,774
Total liabilities 1,810,695 1,503,708
Commitments and contingencies 0 0
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, 255,172,328 and 253,253,362 shares issued and outstanding, respectively 2,546 2,512
Additional paid-in capital 7,421,476 7,157,362
Accumulated other comprehensive income (loss) 659 (11,572)
Accumulated deficit (2,989,478) (5,119,723)
Total Vertex shareholders’ equity 4,435,203 2,028,579
Noncontrolling interest 0 13,727
Total shareholders’ equity 4,435,203 2,042,306
Total liabilities and shareholders’ equity $ 6,245,898 $ 3,546,014