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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents$ 542,545$ 243,197
Marketable securities, available for sale116,140788,214
Restricted cash and cash equivalents (Alios)50,580[1] 
Accounts receivable, net445,661[1]12,529
Inventories67,654 
Prepaid expenses and other current assets23,245[1]13,099
Total current assets1,245,8251,057,039
Restricted cash34,11934,090
Property and equipment, net101,268[1]72,333
Intangible assets663,500[1]518,700
Goodwill33,501[1]26,102
Other assets13,785[1]17,182
Total assets2,091,9981,725,446
Current liabilities:  
Accounts payable49,248[1]35,851
Accrued expenses and other current liabilities229,865[1]134,414
Accrued interest6,7003,462
Deferred revenues, current portion55,69574,619
Accrued restructuring expense, current portion5,1085,497
Secured notes (due 2012)98,416136,991
Liability related to sale of future milestone payments94,16277,799
Income taxes payable (Alios)9,755[1] 
Other obligations 6,150
Total current liabilities548,949474,783
Deferred revenues, excluding current portion126,221160,049
Accrued restructuring expense, excluding current portion21,47624,098
Convertible senior subordinated notes (due 2015)400,000400,000
Deferred tax liability231,184[1]160,278
Construction financing obligation25,474 
Other liabilities7,848[1]2,265
Total liabilities1,361,1521,221,473
Commitments and contingencies  
Redeemable noncontrolling interest (Alios)36,696[1] 
Shareholders' equity:  
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued and outstanding at September 30, 2011 and December 31, 2010  
Common stock, $0.01 par value; 300,000,000 shares authorized at September 30, 2011 and December 31, 2010; 208,460,778 and 203,522,976 shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively2,0652,016
Additional paid-in capital4,152,1063,947,433
Accumulated other comprehensive loss(945)(1,067)
Accumulated deficit(3,573,464)(3,444,409)
Total Vertex shareholders' equity579,762503,973
Noncontrolling interest (Alios)114,388[1] 
Total shareholders' equity694,150503,973
Total liabilities and shareholders' equity$ 2,091,998$ 1,725,446
[1]Amounts include the assets and liabilities of Vertex's variable interest entity ("VIE"), Alios BioPharma, Inc. ("Alios"). Vertex's interests and obligations with respect to the VIE's assets and liabilities are limited to those accorded to Vertex in its agreement with Alios. See Note K to these condensed consolidated financial statements for amounts.