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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 2,422,269 $ 1,477,265
Restricted cash 857 806
Short-term investments 1,956,047 1,171,246
Accounts receivable, net of allowance for doubtful accounts of $21,859 and $15,014, respectively 1,105,086 645,169
Prepaid expenses and other current assets 349,323 258,751
Total current assets 5,833,582 3,553,237
Property and equipment, net 339,805 274,786
Intangible assets, net 2,040,213 2,167,533
Goodwill 2,416,338 3,375,000
Long-term investments 9,296,417 7,931,363
Other assets 107,429 118,656
Total assets 20,033,784 17,420,575
Current liabilities:    
Accounts payable 494,607 322,842
Accrued expenses and other current liabilities 882,081 681,587
Deferred merchant bookings 568,304 434,881
Convertible debt 960,984 0
Total current liabilities 2,905,976 1,439,310
Deferred income taxes 802,433 892,576
Other long-term liabilities 141,096 134,777
Long-term debt 6,347,205 6,158,443
Total liabilities 10,196,710 8,625,106
Convertible debt 34,504 0
Stockholders' equity:    
Common stock, $0.008 par value; authorized 1,000,000,000 shares, 62,362,948 and 62,039,516 shares issued, respectively 484 482
Treasury stock, 13,009,773 and 12,427,945 shares, respectively (6,584,117) (5,826,640)
Additional paid-in capital 5,410,913 5,184,910
Retained earnings 10,652,944 9,191,865
Accumulated other comprehensive income 322,346 244,852
Total stockholders’ equity 9,802,570 8,795,469
Total liabilities and stockholders’ equity $ 20,033,784 $ 17,420,575