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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 2,081,075 $ 1,477,265
Short-term investments 2,218,880 1,171,246
Accounts receivable, net of allowance for doubtful accounts of $25,565 and $15,014, respectively 860,115 645,169
Prepaid expenses and other current assets 241,449 259,557
Total current assets 5,401,519 3,553,237
Property and equipment, net 347,017 274,786
Intangible assets, net 1,993,885 2,167,533
Goodwill 2,396,906 3,375,000
Long-term investments 9,591,067 7,931,363
Other assets 108,579 118,656
Total assets 19,838,973 17,420,575
Current liabilities:    
Accounts payable 419,108 322,842
Accrued expenses and other current liabilities 857,467 681,587
Deferred merchant bookings 614,361 434,881
Convertible debt 967,734 0
Total current liabilities 2,858,670 1,439,310
Deferred income taxes 822,334 892,576
Other long-term liabilities 138,767 134,777
Long-term debt 6,170,522 6,158,443
Total liabilities 9,990,293 8,625,106
Commitments and Contingencies (See Note 14)
Convertible debt 28,538 0
Stockholders' equity:    
Common stock, $0.008 par value, authorized 1,000,000,000 shares, 62,379,247 and 62,039,516 shares issued, respectively 485 482
Treasury stock, 13,190,929 and 12,427,945 shares, respectively (6,855,164) (5,826,640)
Additional paid-in capital 5,482,653 5,184,910
Retained earnings 11,326,852 9,191,865
Accumulated other comprehensive income (loss) (134,684) 244,852
Total stockholders' equity 9,820,142 8,795,469
Total liabilities and stockholders' equity $ 19,838,973 $ 17,420,575