2012 Q1 Form 10-Q Financial Statement
#000104746912005755 Filed on May 10, 2012
Income Statement
| Concept | 2012 Q1 |
|---|---|
| Revenue | $438.7M |
| YoY Change | 495.61% |
| Cost Of Revenue | $25.92M |
| YoY Change | |
| Gross Profit | $412.8M |
| YoY Change | 460.42% |
| Gross Profit Margin | 94.09% |
| Selling, General & Admin | $111.1M |
| YoY Change | 55.4% |
| % of Gross Profit | 26.92% |
| Research & Development | $196.4M |
| YoY Change | 23.81% |
| % of Gross Profit | 47.57% |
| Depreciation & Amortization | $8.560M |
| YoY Change | -3.82% |
| % of Gross Profit | 2.07% |
| Operating Expenses | $307.5M |
| YoY Change | 33.62% |
| Operating Profit | $91.65M |
| YoY Change | -157.32% |
| Interest Expense | -$150.0K |
| YoY Change | -101.25% |
| % of Operating Profit | -0.16% |
| Other Income/Expense, Net | -$3.741M |
| YoY Change | |
| Pretax Income | $87.91M |
| YoY Change | -149.92% |
| Income Tax | $32.00K |
| % Of Pretax Income | 0.04% |
| Net Earnings | $91.59M |
| YoY Change | -152.01% |
| Net Earnings / Revenue | 20.88% |
| Basic Earnings Per Share | $0.44 |
| Diluted Earnings Per Share | $0.43 |
| COMMON SHARES | |
| Basic Shares Outstanding | 208.0M shares |
| Diluted Shares Outstanding | 219.3M shares |
Balance Sheet
| Concept | 2012 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $981.0M |
| YoY Change | 19.2% |
| Cash & Equivalents | $454.1M |
| Short-Term Investments | $713.0M |
| Other Short-Term Assets | $93.00M |
| YoY Change | 257.69% |
| Inventory | $130.0M |
| Prepaid Expenses | |
| Receivables | $232.0M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $1.436B |
| YoY Change | 64.49% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $170.3M |
| YoY Change | 139.9% |
| Goodwill | $30.99M |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $10.82M |
| YoY Change | -78.37% |
| Total Long-Term Assets | $910.0M |
| YoY Change | 36.84% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $1.436B |
| Total Long-Term Assets | $910.0M |
| Total Assets | $2.346B |
| YoY Change | 52.54% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $73.23M |
| YoY Change | 109.22% |
| Accrued Expenses | $241.5M |
| YoY Change | 88.66% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $357.0M |
| YoY Change | -14.18% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $400.0M |
| YoY Change | 0.0% |
| Other Long-Term Liabilities | $10.89M |
| YoY Change | -93.6% |
| Total Long-Term Liabilities | $10.89M |
| YoY Change | -98.09% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $357.0M |
| Total Long-Term Liabilities | $10.89M |
| Total Liabilities | $1.415B |
| YoY Change | 23.37% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $930.0M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $2.346B |
| YoY Change | 52.54% |
Cashflow Statement
| Concept | 2012 Q1 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $91.59M |
| YoY Change | -152.01% |
| Depreciation, Depletion And Amortization | $8.560M |
| YoY Change | -3.82% |
| Cash From Operating Activities | $2.916M |
| YoY Change | -101.56% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | $6.155M |
| YoY Change | -225.61% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $216.0K |
| YoY Change | -99.95% |
| Cash From Investing Activities | -$231.7M |
| YoY Change | -157.07% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 21.50M |
| YoY Change | -231.1% |
| NET CHANGE | |
| Cash From Operating Activities | $2.916M |
| Cash From Investing Activities | -231.7M |
| Cash From Financing Activities | 21.50M |
| Net Change In Cash | $2.916M |
| YoY Change | -98.56% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $2.916M |
| Capital Expenditures | $6.155M |
| Free Cash Flow | -$3.239M |
| YoY Change | -98.22% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011 | vrtx |
Proceeds From Purchase Of Collaborative Arrangement Aggregate Value Of Future Milestone Payments Sold
ProceedsFromPurchaseOfCollaborativeArrangementAggregateValueOfFutureMilestonePaymentsSold
|
95000000 | USD |
| CY2012Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
58017000 | USD |
| CY2011Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
51878000 | USD |
| CY2012Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
35407000 | USD |
| CY2011Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
14889000 | USD |
| CY2012Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
170331000 | USD |
| CY2011Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
133176000 | USD |
| CY2012Q1 | us-gaap |
Goodwill
Goodwill
|
30992000 | USD |
| CY2011Q4 | us-gaap |
Goodwill
Goodwill
|
30992000 | USD |
| CY2012Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
10816000 | USD |
| CY2011Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
11268000 | USD |
| CY2012Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
73226000 | USD |
| CY2011Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
74642000 | USD |
| CY2012Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
241483000 | USD |
| CY2011Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
252299000 | USD |
| CY2012Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
6713000 | USD |
| CY2011Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
3363000 | USD |
| CY2012Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
201000 | USD |
| CY2011Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
12075000 | USD |
| CY2012Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
241426000 | USD |
| CY2011Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
243707000 | USD |
| CY2012Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
10885000 | USD |
| CY2011Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
7287000 | USD |
| CY2012Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Preferred Fair Value
RedeemableNoncontrollingInterestEquityPreferredFairValue
|
37496000 | USD |
| CY2011Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Preferred Fair Value
RedeemableNoncontrollingInterestEquityPreferredFairValue
|
37036000 | USD |
| CY2012Q1 | us-gaap |
Minority Interest
MinorityInterest
|
137583000 | USD |
| CY2011Q4 | us-gaap |
Minority Interest
MinorityInterest
|
141633000 | USD |
| CY2012Q1 | us-gaap |
Indefinite Lived Intangible Assets
IndefiniteLivedIntangibleAssets
|
663500000 | USD |
| CY2011Q4 | us-gaap |
Indefinite Lived Intangible Assets
IndefiniteLivedIntangibleAssets
|
663500000 | USD |
