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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Agency revenues $ 7,982,116 $ 6,527,898 $ 5,845,802
Merchant revenues 2,048,005 2,082,973 2,186,054
Advertising and other revenues 712,885 613,116 410,115
Total revenues 10,743,006 9,223,987 8,441,971
Cost of revenues 428,314 632,180 857,841
Gross profit 10,314,692 8,591,807 7,584,130
Operating expenses:      
Performance advertising 3,479,287 2,738,218 2,334,453
Brand advertising 295,698 273,704 257,077
Sales and marketing 435,225 353,221 310,910
Personnel, including stock-based compensation of $249,574, $247,395, and $186,425, respectively 1,350,032 1,166,226 950,191
General and administrative 455,909 415,420 352,869
Information technology 142,393 113,617 97,498
Depreciation and amortization 309,135 272,494 207,820
Impairment of goodwill 940,700 0 0
Total operating expenses 7,408,379 5,332,900 4,510,818
Operating income 2,906,313 3,258,907 3,073,312
Other income (expense):      
Interest income 94,946 55,729 13,933
Interest expense (207,900) (160,229) (88,353)
Foreign currency transactions and other (16,913) (26,087) (9,444)
Impairment of cost-method investments (63,208) 0 0
Total other expense (193,075) (130,587) (83,864)
Earnings before income taxes 2,713,238 3,128,320 2,989,448
Income tax expense 578,251 576,960 567,695
Net income $ 2,134,987 $ 2,551,360 $ 2,421,753
Net income applicable to common stockholders per basic common share $ 43.14 $ 50.09 $ 46.30
Weighted-average number of basic common shares outstanding 49,491 50,940 52,301
Net income applicable to common stockholders per diluted common share $ 42.65 $ 49.45 $ 45.67
Weighted-average number of diluted common shares outstanding 50,063 51,593 53,023