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ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Schedule of fair value of financial instruments using levels of inputs
The following tables summarize our assets and liabilities measured at fair value on a recurring basis using the following levels of inputs as of December 31, 2017 and 2016, as indicated (in thousands): 
 
Fair Value Measurements at December 31, 2017:
 
Total
 
Level 1
 
Level 2
 
Level 3
Assets:
 

 
 

 
 

 
 

Cash equivalents - Money market mutual funds
$
25,455

 
$
25,455

 
$

 
$

Trading securities held in a "rabbi trust" (1)
74

 
74

 

 

Total assets
$
25,529

 
$
25,529

 
$

 
$

Liabilities:
 

 
 

 
 

 
 

Deferred compensation accrual "rabbi trust" (3)
$
92

 
$
92

 
$

 
$

Total liabilities
$
92

 
$
92

 
$

 
$

 
 
Fair Value Measurements at December 31, 2016:
 
Total
 
Level 1
 
Level 2
 
Level 3
Assets:
 

 
 

 
 

 
 

Cash equivalents - Money market mutual funds
$
75,177

 
$
75,177

 
$

 
$

Trading securities held in a "rabbi trust" (1)
58

 
58

 

 

Total assets
$
75,235

 
$
75,235

 
$

 
$

Liabilities:
 

 
 

 
 

 
 

Derivatives (2)
$
1,816

 
$

 
$
1,816

 
$

Deferred compensation accrual "rabbi trust" (3)
61

 
61

 

 

Total liabilities
$
1,877

 
$
61

 
$
1,816

 
$

 ___________________________________________
(1)
 — Trading securities held in a rabbi trust are included in Prepaids and other current assets and Other long-term assets, net in the consolidated balance sheets.
(2)
— Derivative financial instruments were included in Other current liabilities, net and Other long-term liabilities in the consolidated balance sheets.
(3)
— Non-qualified deferred compensation in a rabbi trust is included in Accrued liabilities and Other long-term liabilities in the consolidated balance sheets.

Schedule of estimated useful lives of the fixed assets
as follows:
 
Life
(years)
Building
40
Land improvements
20
Building machinery and equipment
15-20
Furniture and equipment
5-7
Computer hardware
3-4
Computer software
2-4
Schedule of depreciation and amortization expense which is classified within the corresponding operating expense categories on the consolidated statements of income
Depreciation expense is classified within the corresponding operating expense categories in the consolidated statements of operations as follows (in thousands): 
 
Year ended
 December 31,
 
2017
 
2016
 
2015
Cost of goods sold - direct
$
307

 
$
310

 
$
283

Technology
24,604

 
25,693

 
22,126

Sales and marketing

 
124

 

General and administrative
3,937

 
1,156

 
1,107

Total depreciation, including internal-use software and website development
$
28,848

 
$
27,283

 
$
23,516

Schedule of intangible assets
Intangible assets, net consist of the following (in thousands):
 
December 31,
 
2017
 
2016
Acquired intangible assets
$
16,000

 
$
16,000

Intangible assets, other (1)
1,779

 
1,356

 
17,779

 
17,356

Less: accumulated amortization of intangible assets
(10,442
)
 
(6,443
)
Total intangible assets, net
$
7,337

 
$
10,913

Schedule of amortization expense of intangible assets
is classified within the corresponding operating expense categories in the consolidated statements of operations as follows (in thousands):
 
Year ended
 December 31,
 
2017
 
2016
 
2015
Technology
$
3,620

 
$
2,904

 
$
605

Sales and marketing
83

 
1,008

 
531

General and administrative
296

 
56

 
445

Total amortization
$
3,999

 
$
3,968

 
$
1,581

Schedule of costs of goods sold, including product cost and other costs and fulfillment and related costs
Cost of goods sold, including product cost and other costs and fulfillment and related costs are as follows (in thousands):
 
 
Year ended
 December 31,
 
2017
 
2016
 
2015
Total revenue, net
$
1,744,756

 
100%
 
$
1,799,963

 
100%
 
$
1,657,838

 
100%
Cost of goods sold
 

 
 
 
 

 
 
 
 

 
 
Product costs and other cost of goods sold
1,328,749

 
76%
 
1,391,736

 
77%
 
1,279,766

 
77%
Fulfillment and related costs
75,456

 
4%
 
76,878

 
4%
 
73,418

 
4%
Total cost of goods sold
1,404,205

 
80%
 
1,468,614

 
82%
 
1,353,184

 
82%
Gross profit
$
340,551

 
20%
 
$
331,349

 
18%
 
$
304,654

 
18%
Schedule of computation of basic and diluted net income per common share
The following table sets forth the computation of basic and diluted net income (loss) per common share for the periods indicated (in thousands, except per share data):
 
Year ended December 31,
 
2017
 
2016
 
2015
Net income (loss) attributable to stockholders of Overstock.com, Inc.
$
(109,878
)
 
$
12,522

 
$
2,446

Less: Preferred stock dividends - declared and accumulated
216

 

 

Undistributed income (loss)
(110,094
)
 
12,522

 
2,446

Less: Undistributed loss allocated to participating securities
(2,960
)
 

 

Net income (loss) attributable to common shares
$
(107,134
)
 
$
12,522

 
$
2,446

Net income (loss) per common share—basic:
 

 
 

 
 

Net income (loss) attributable to common shares—basic
$
(4.28
)
 
$
0.49

 
$
0.10

Weighted average common shares outstanding—basic
25,044

 
25,342

 
24,612

Effect of dilutive securities:
 

 
 

 
 

Stock options and restricted stock awards

 
84

 
91

Weighted average common shares outstanding—diluted
25,044

 
25,426

 
24,703

Net income (loss) attributable to common shares—diluted
$
(4.28
)
 
$
0.49

 
$
0.10

Schedule of anti-dilutive securities excluded from the calculation of diluted shares outstanding
The following shares were excluded from the calculation of diluted shares outstanding as their effect would have been anti-dilutive (in thousands):
 
Year ended December 31,
 
2017
 
2016
 
2015
Stock options and restricted stock units
226

 
466

 
323

Common shares issuable under stock warrant
78