$VRTX
VERTEX PHARMACEUTICALS INC / MA

2014 Q4 Form 10-Q Financial Statement

#000087532014000063 Filed on November 06, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $144.6M $179.0M $221.7M
YoY Change -58.83% -19.27% -34.02%
Cost Of Revenue $11.29M $10.21M $20.05M
YoY Change -14.99% -49.08% -34.65%
Gross Profit $133.3M $168.8M $201.7M
YoY Change -60.56% -16.3% -33.96%
Gross Profit Margin 92.19% 94.3% 90.96%
Selling, General & Admin $78.53M $75.22M $86.43M
YoY Change 7.49% -12.96% -11.52%
% of Gross Profit 58.93% 44.57% 42.86%
Research & Development $201.5M $190.9M $219.4M
YoY Change -15.52% -12.99% 9.63%
% of Gross Profit 151.17% 113.13% 108.82%
Depreciation & Amortization $16.40M $16.90M $9.500M
YoY Change -7.34% 77.89% 10.47%
% of Gross Profit 12.31% 10.01% 4.71%
Operating Expenses $280.0M $266.2M $305.9M
YoY Change -10.12% -12.98% 2.69%
Operating Profit -$153.6M -$142.2M -$123.6M
YoY Change 1394.26% 15.09% 11436.51%
Interest Expense -$21.18M -$20.38M -$104.0K
YoY Change 67.73% 19500.0% 700.0%
% of Operating Profit
Other Income/Expense, Net -$3.792M -$3.990M $4.760M
YoY Change -213.57% -183.82% -217.79%
Pretax Income -$178.6M -$166.6M -$118.9M
YoY Change 812.68% 40.1% 2225.9%
Income Tax $2.043M $3.419M $2.555M
% Of Pretax Income
Net Earnings -$176.7M -$170.1M -$124.1M
YoY Change -498.91% 37.0% 115.72%
Net Earnings / Revenue -122.21% -95.01% -55.99%
Basic Earnings Per Share -$0.72 -$0.54
Diluted Earnings Per Share -$740.6K -$0.72 -$0.54
COMMON SHARES
Basic Shares Outstanding 240.5M shares 236.1M shares 230.5M shares
Diluted Shares Outstanding 236.1M shares 230.5M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.387B $1.478B $1.423B
YoY Change -5.32% 3.87% 9.55%
Cash & Equivalents $625.3M $718.6M $583.2M
Short-Term Investments $762.0M $759.0M $839.0M
Other Short-Term Assets $7.002M $41.00M $92.00M
YoY Change 1236.26% -55.43% -16.36%
Inventory $30.85M $16.75M $13.54M
Prepaid Expenses $17.57M
Receivables $75.96M $114.3M $120.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.547B $1.650B $1.649B
YoY Change -2.65% 0.09% 0.86%
LONG-TERM ASSETS
Property, Plant & Equipment $715.8M $720.9M $648.9M
YoY Change 2.71% 11.09% 422.7%
Goodwill $39.92M $30.99M $31.00M
YoY Change 28.79% -0.03% 0.03%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.265M $3.999M $3.474M
YoY Change 27.44% 15.11% -66.57%
Total Long-Term Assets $788.2M $756.0M $934.1M
YoY Change 7.9% -19.07% -13.85%
TOTAL ASSETS
Total Short-Term Assets $1.547B $1.650B $1.649B
Total Long-Term Assets $788.2M $756.0M $934.1M
Total Assets $2.335B $2.406B $2.583B
YoY Change 0.67% -6.84% -5.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $71.19M $38.47M $51.53M
YoY Change 44.33% -25.34% -38.45%
Accrued Expenses $209.7M $244.3M $280.8M
YoY Change -22.65% -13.02% 2.77%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $32.00M $18.00M $14.00M
YoY Change 88.24% 28.57%
Total Short-Term Liabilities $368.3M $372.2M $409.5M
YoY Change -7.43% -9.11% 0.68%
LONG-TERM LIABILITIES
Long-Term Debt $793.0M $810.0M $432.0M
YoY Change 61.84% 87.5% 8.0%
Other Long-Term Liabilities $21.71M $15.95M $10.78M
YoY Change 87.29% 47.93% -62.48%
Total Long-Term Liabilities $21.71M $15.95M $10.78M
YoY Change 87.29% 47.93% -62.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $368.3M $372.2M $409.5M
Total Long-Term Liabilities $21.71M $15.95M $10.78M
Total Liabilities $1.238B $1.250B $1.096B
YoY Change 28.66% 14.06% -24.62%
SHAREHOLDERS EQUITY
Retained Earnings -$4.705B -$4.529B -$4.011B
YoY Change 18.62% 12.9% 16.41%
Common Stock $5.780B $5.684B $5.277B
YoY Change 8.56% 7.71% 17.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.075B $1.156B $1.265B
YoY Change
Total Liabilities & Shareholders Equity $2.335B $2.406B $2.583B
YoY Change 0.67% -6.84% -5.0%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income -$176.7M -$170.1M -$124.1M
YoY Change -498.91% 37.0% 115.72%
Depreciation, Depletion And Amortization $16.40M $16.90M $9.500M
YoY Change -7.34% 77.89% 10.47%
Cash From Operating Activities -$181.8M -$87.60M -$13.70M
YoY Change -731.25% 539.42% -112.92%
INVESTING ACTIVITIES
Capital Expenditures -$14.70M -$9.300M -$18.50M
YoY Change 1.38% -49.73% -13.55%
Acquisitions
YoY Change
Other Investing Activities -$3.300M $39.80M $68.10M
YoY Change -92.96% -41.56% -161.97%
Cash From Investing Activities -$18.00M $30.50M $49.50M
YoY Change -70.64% -38.38% -137.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 108.1M 357.3M 13.00M
YoY Change 555.15% 2648.46% 58.54%
NET CHANGE
Cash From Operating Activities -181.8M -87.60M -13.70M
Cash From Investing Activities -18.00M 30.50M 49.50M
Cash From Financing Activities 108.1M 357.3M 13.00M
Net Change In Cash -91.70M 300.2M 48.80M
YoY Change 473.13% 515.16% -385.38%
FREE CASH FLOW
Cash From Operating Activities -$181.8M -$87.60M -$13.70M
Capital Expenditures -$14.70M -$9.300M -$18.50M
Free Cash Flow -$167.1M -$78.30M $4.800M
YoY Change -485.91% -1731.25% -96.23%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Asset Impairment Charges
AssetImpairmentCharges
6650000 USD
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
49327000 USD
CY2014Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
38472000 USD
CY2014Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
114308000 USD
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
85517000 USD
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
271077000 USD
CY2014Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
244279000 USD
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1161000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-306000 USD
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-550000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-550000 USD
CY2014Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
5681163000 USD
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
5321286000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
136065000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
104818000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
978000 USD
CY2013Q4 us-gaap Assets
Assets
2319041000 USD
CY2014Q3 us-gaap Assets
Assets
2406086000 USD
CY2014Q3 us-gaap Assets Current
AssetsCurrent
1650096000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
1588576000 USD
CY2013Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
895777000 USD
CY2014Q3 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
759174000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-481000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
2591000 USD
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-2.17
us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
0 USD
CY2014Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
18124000 USD
CY2013Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
16893000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
8985000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
38520000 USD
CY2013Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
48754000 USD
CY2014Q3 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
42200000 USD
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
68371000 USD
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
13027000 USD
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
13129000 USD
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
14254000 USD
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
20792000 USD
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
8047000 USD
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
60324000 USD
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Remainder Of Fiscal Year
CapitalLeasesFutureMinimumPaymentsRemainderOfFiscalYear
4122000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
569299000 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
718563000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
489407000 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
583181000 USD
CY2014Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2014Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
240238090 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
233788852 shares
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
240238090 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
233788852 shares
CY2014Q3 us-gaap Common Stock Value
CommonStockValue
2375000 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
2320000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-123452000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-168876000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-560432000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-168876000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-503001000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-127982000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-489313000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-560432000 USD
CY2014Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
518300000 USD
CY2013Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
503400000 USD
us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
23035000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
75698000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
28435000 USD
CY2013Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
20048000 USD
CY2014Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
10208000 USD
us-gaap Costs And Expenses
CostsAndExpenses
1460545000 USD
CY2014Q3 us-gaap Costs And Expenses
CostsAndExpenses
321190000 USD
us-gaap Costs And Expenses
CostsAndExpenses
974646000 USD
CY2013Q3 us-gaap Costs And Expenses
CostsAndExpenses
345256000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
127600000 USD
CY2013Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
21510000 USD
CY2014Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
21210000 USD
CY2013Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
49459000 USD
CY2014Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
34723000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30734000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
46921000 USD
CY2013Q3 us-gaap Direct Operating Cost Royalty Expense
DirectOperatingCostRoyaltyExpense
7291000 USD
us-gaap Direct Operating Cost Royalty Expense
DirectOperatingCostRoyaltyExpense
32315000 USD
us-gaap Direct Operating Cost Royalty Expense
DirectOperatingCostRoyaltyExpense
18525000 USD
CY2014Q3 us-gaap Direct Operating Cost Royalty Expense
DirectOperatingCostRoyaltyExpense
3976000 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.72
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.54
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.40
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.54
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.40
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.20
CY2013Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
204000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
885000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
905000 USD
CY2014Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
456000 USD
CY2014Q3 us-gaap Goodwill
Goodwill
30992000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
30992000 USD
CY2013Q3 us-gaap Goodwill
Goodwill
31000000 USD
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 USD
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 USD
CY2014Q3 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 USD
CY2013Q3 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
412900000 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2014Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2013Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-561196000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-169996000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-482702000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-121455000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-556281000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-118900000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-606476000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-166577000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.72
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-2.40
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.53
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.53
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-2.17
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.72
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-2.40
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-64000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-703000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-20299000 USD
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-7207000 USD
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-4530000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-13688000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-64000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-703000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-6611000 USD
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-2677000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4915000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3419000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-123774000 USD
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2555000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
798000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5544000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-46005000 USD
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2406086000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
397829000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-271000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-7000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-624000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
514000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
680000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1184000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-20737000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7315000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
12210000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
26172000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-15447000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-15085000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4901000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-5212000 USD
us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
-130164000 USD
us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
0 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-1094000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
92000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
16477000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
19110000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-9000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-31807000 USD
us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
0 USD
us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
-18924000 USD
CY2014Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-20384000 USD
CY2013Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-95000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-10109000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-51686000 USD
us-gaap Interest Paid
InterestPaid
2817000 USD
us-gaap Interest Paid
InterestPaid
7637000 USD
CY2014Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2451000 USD
CY2013Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
3677000 USD
CY2013Q4 us-gaap Inventory Net
InventoryNet
14147000 USD
CY2014Q3 us-gaap Inventory Net
InventoryNet
16753000 USD
CY2014Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
0 USD
CY2013Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
489000 USD
CY2014Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
14302000 USD
CY2013Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
9981000 USD
us-gaap Inventory Write Down
InventoryWriteDown
10358000 USD
us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2014Q3 us-gaap Liabilities
Liabilities
1250181000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
962636000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2319041000 USD
CY2014Q3 us-gaap Liabilities Current
LiabilitiesCurrent
372178000 USD
CY2014Q3 us-gaap Line Of Credit
LineOfCredit
33500000 USD
us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:left;padding-left:24px;text-indent:-24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Contingencies</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has certain contingent liabilities that arise in the ordinary course of its business activities. The Company accrues a reserve for contingent liabilities when it is probable that future expenditures will be made and such expenditures can be reasonably estimated. There were </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">no</font><font style="font-family:inherit;font-size:10pt;"> material contingent liabilities accrued as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;"> or </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2013</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1094000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
93774000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
149264000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
164359000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
441054000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
7249000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
100020000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-391329000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-80425000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-124132000 USD
us-gaap Net Income Loss
NetIncomeLoss
-489313000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-170060000 USD
us-gaap Net Income Loss
NetIncomeLoss
-561899000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
176484000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
25564000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Operating Income Loss
OperatingIncomeLoss
-538787000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-142203000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-123556000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-599727000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2432000 USD
CY2014Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3999000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
1894000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1467000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1838000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1713000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-30000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
25000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
166000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
7000 USD
CY2013Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
24736000 USD
CY2014Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
11709000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11590000 USD
CY2014Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
15950000 USD
us-gaap Other Noncash Expense
OtherNoncashExpense
0 USD
us-gaap Other Noncash Expense
OtherNoncashExpense
5856000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-5307000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-7000 USD
CY2014Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
36700000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3360000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
34192000 USD
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4751000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3990000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
-8050000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
1066772000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
1850015000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
36525000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
36922000 USD
CY2014Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
219442000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
643636000 USD
CY2014Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
190939000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
654043000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
130000 USD
CY2014Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
121000 USD
us-gaap Restructuring Charges
RestructuringCharges
12863000 USD
CY2013Q3 us-gaap Restructuring Charges
RestructuringCharges
12048000 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
23836000 USD
CY2014Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
41298000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
242360000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
201274000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-45438000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-63242000 USD
us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
294383000 USD
us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
0 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
1842361000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
1203400000 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
-128662000 USD
us-gaap Profit Loss
ProfitLoss
-561899000 USD
us-gaap Profit Loss
ProfitLoss
-503001000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
-170060000 USD
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
720878000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
696911000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
427000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
17215000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
14601000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
158000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
us-gaap Restructuring Charges
RestructuringCharges
46761000 USD
CY2014Q3 us-gaap Restructuring Charges
RestructuringCharges
40843000 USD
CY2013Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
14286000 USD
CY2014Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
38384000 USD
CY2013Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
14067000 USD
CY2014Q3 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
17218000 USD
us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
27249000 USD
us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
2810000 USD
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4528794000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3966895000 USD
CY2014Q3 us-gaap Revenues
Revenues
178987000 USD
CY2013Q3 us-gaap Revenues
Revenues
221700000 USD
us-gaap Revenues
Revenues
860818000 USD
us-gaap Revenues
Revenues
435859000 USD
us-gaap Royalty Revenue
RoyaltyRevenue
119705000 USD
us-gaap Royalty Revenue
RoyaltyRevenue
32134000 USD
CY2013Q3 us-gaap Royalty Revenue
RoyaltyRevenue
27012000 USD
CY2014Q3 us-gaap Royalty Revenue
RoyaltyRevenue
8386000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
708823000 USD
CY2014Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
137099000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
362879000 USD
CY2013Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
186653000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
226882000 USD
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
75224000 USD
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
86427000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
283133000 USD
CY2013Q4 us-gaap Senior Long Term Notes
SeniorLongTermNotes
0 USD
CY2014Q3 us-gaap Senior Long Term Notes
SeniorLongTermNotes
294740000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
135160000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
103933000 USD
CY2014Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
5479000 shares
CY2014Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
13097000 shares
CY2014Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
43.53
CY2014Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
56.20
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P7Y3M4D
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
402265000 USD
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
223867000 USD
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
248216000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
1155905000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1356405000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1195852000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1155905000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
4230000 USD
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1447056000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1356405000 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5700000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2000000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates and Summary of Significant Accounting Policies</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of condensed consolidated financial statements in accordance with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the amounts of revenues and expenses during the reported periods. Significant estimates in these condensed consolidated financial statements have been made in connection with the calculation of revenues, inventories, research and development expenses, stock-based compensation expense, restructuring expense, the fair value of intangible assets, noncontrolling interest (Alios), the consolidation and deconsolidation of a VIE, leases, discontinued operations presentation and the provision for or benefit from income taxes. The Company bases its estimates on historical experience and various other assumptions, including in certain circumstances future projections, that management believes to be reasonable under the circumstances. Actual results could differ from those estimates. Changes in estimates are reflected in reported results in the period in which they become known.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's significant accounting policies are described in Note&#160;A, "Nature of Business and Accounting Policies," in the </font><font style="font-family:inherit;font-size:10pt;">2013</font><font style="font-family:inherit;font-size:10pt;"> Annual Report on Form&#160;10-K.</font></div></div>
us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
2194000 USD
CY2014Q3 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
47048000 USD
CY2013Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
87133000 USD
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
230505000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
222764000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
236137000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
234207000 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
230505000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
234207000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
222764000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
236137000 shares
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
CY2014Q3 vrtx Capital Leases Future Minimumpaymentsduein Sixyears
CapitalLeasesFutureMinimumpaymentsdueinSixyears
3047000 USD
CY2013Q4 vrtx Cash Cash Equivalents And Available For Sale Securities Fair Value
CashCashEquivalentsAndAvailableForSaleSecuritiesFairValue
1465076000 USD
CY2014Q3 vrtx Cash Cash Equivalents And Available For Sale Securities Fair Value
CashCashEquivalentsAndAvailableForSaleSecuritiesFairValue
1477737000 USD
CY2013Q4 vrtx Cash Cash Equivalents Available For Sale Securities Amortized Cost
CashCashEquivalentsAvailableForSaleSecuritiesAmortizedCost
1465034000 USD
CY2014Q3 vrtx Cash Cash Equivalents Available For Sale Securities Amortized Cost
CashCashEquivalentsAvailableForSaleSecuritiesAmortizedCost
1477670000 USD
CY2014Q3 vrtx Cash Cash Equivalents Available For Sale Securities Gross Unrealized Gain
CashCashEquivalentsAvailableForSaleSecuritiesGrossUnrealizedGain
124000 USD
CY2013Q4 vrtx Cash Cash Equivalents Available For Sale Securities Gross Unrealized Gain
CashCashEquivalentsAvailableForSaleSecuritiesGrossUnrealizedGain
136000 USD
CY2014Q3 vrtx Cash Cash Equivalents Available For Sale Securities Unrealized Loss Gross
CashCashEquivalentsAvailableForSaleSecuritiesUnrealizedLossGross
57000 USD
CY2013Q4 vrtx Cash Cash Equivalents Available For Sale Securities Unrealized Loss Gross
CashCashEquivalentsAvailableForSaleSecuritiesUnrealizedLossGross
94000 USD
vrtx Collaborative Revenues
CollaborativeRevenues
40846000 USD
vrtx Collaborative Revenues
CollaborativeRevenues
32290000 USD
CY2014Q3 vrtx Collaborative Revenues
CollaborativeRevenues
33502000 USD
CY2013Q3 vrtx Collaborative Revenues
CollaborativeRevenues
8035000 USD
CY2014Q3 vrtx Construction Financing Obligation
ConstructionFinancingObligation
473500000 USD
CY2013Q4 vrtx Construction Financing Obligation
ConstructionFinancingObligation
440900000 USD
CY2013Q4 vrtx Construction Financing Obligation Noncurrent
ConstructionFinancingObligationNoncurrent
440937000 USD
CY2014Q3 vrtx Construction Financing Obligation Noncurrent
ConstructionFinancingObligationNoncurrent
473172000 USD
vrtx Debt Conversion Or Exchange Converted Or Exchanged Instrument Amount
DebtConversionOrExchangeConvertedOrExchangedInstrumentAmount
0 USD
vrtx Debt Conversion Or Exchange Converted Or Exchanged Instrument Amount
DebtConversionOrExchangeConvertedOrExchangedInstrumentAmount
399842000 USD
CY2014Q3 vrtx Deferred Revenue Royalty Purchase Agreement
DeferredRevenueRoyaltyPurchaseAgreement
49400000 USD
vrtx Sharebased Compensation Less Portion Attributableto Nci
SharebasedCompensationLessPortionAttributabletoNCI
103585000 USD
CY2014Q3 vrtx Sharebased Compensation Less Portion Attributableto Nci
SharebasedCompensationLessPortionAttributabletoNCI
46136000 USD
vrtx Sharebased Compensation Less Portion Attributableto Nci
SharebasedCompensationLessPortionAttributabletoNCI
135160000 USD
CY2011 vrtx Lease Agreement Number Of Leases
LeaseAgreementNumberOfLeases
2 leases
CY2011 vrtx Lease Agreements Number Of Buildings
LeaseAgreementsNumberOfBuildings
2 building
CY2011 vrtx Optional Term Of Lease Agreement
OptionalTermOfLeaseAgreement
P10Y
CY2014Q3 vrtx Other Inventory Capitalized Costs Gross Prelaunch Inventory
OtherInventoryCapitalizedCostsGrossPrelaunchInventory
1800000 USD
CY2008 vrtx Proceeds From Sale Of Royalty Rights
ProceedsFromSaleOfRoyaltyRights
160000000.0 USD
CY2013Q3 vrtx Sharebased Compensation Less Portion Attributableto Nci
SharebasedCompensationLessPortionAttributabletoNCI
31197000 USD
CY2011 vrtx Square Footage Of Leased Property
SquareFootageOfLeasedProperty
1100000 sqft
vrtx Valuation Allowances And Reserves Provision
ValuationAllowancesAndReservesProvision
-40393000 USD
vrtx Valuation Allowances And Reserves Sales Credits Or Payments Current
ValuationAllowancesAndReservesSalesCreditsOrPaymentsCurrent
-82672000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000875320
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
240521809 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
VERTEX PHARMACEUTICALS INC / MA

Files In Submission

Name View Source Status
0000875320-14-000063-index-headers.html Edgar Link pending
0000875320-14-000063-index.html Edgar Link pending
0000875320-14-000063.txt Edgar Link pending
0000875320-14-000063-xbrl.zip Edgar Link pending
a2014q310-q.htm Edgar Link pending
a2014q310-q_exhibit3111.htm Edgar Link pending
a2014q310-q_exhibit3121.htm Edgar Link pending
a2014q310-q_exhibit3211.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vrtx-20140930.xml Edgar Link completed
vrtx-20140930.xsd Edgar Link pending
vrtx-20140930_cal.xml Edgar Link unprocessable
vrtx-20140930_def.xml Edgar Link unprocessable
vrtx-20140930_lab.xml Edgar Link unprocessable
vrtx-20140930_pre.xml Edgar Link unprocessable