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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 348,097 $ 233,417
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 19,329 13,249
Gain on disposal of property and equipment (120) (108)
Gain on sale of Monster Non-Energy   (161,470)
Stock-based compensation 21,590 14,837
Deferred income taxes (13) 156,710
Effect on cash of changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable (103,303) (95,235)
Distributor receivables (1,716) 191
Inventories 11,613 (28,919)
Prepaid expenses and other current assets (2,515) (3,322)
Prepaid income taxes (18,694) (84,147)
Accounts payable 35,005 72,124
Accrued liabilities 6,780 12,482
Accrued promotional allowances 27,238 18,038
Accrued distributor terminations 13,822 64,767
Accrued compensation (6,077) (3,493)
Income taxes payable (100,728) (7,533)
Deferred revenue (2,753) (40,792)
Net cash provided by operating activities 247,555 160,796
CASH FLOWS FROM INVESTING ACTIVITIES:    
Maturities of held-to-maturity investments 868,304 480,281
Sales of available-for-sale investments   100
Sales of trading investments   725
Proceeds from transfer of distribution rights to TCCC   179,658
Proceeds from the sale of Monster Non-Energy   198,008
Purchases of held-to-maturity investments (152,664) (944,193)
Purchases of property and equipment (17,813) (15,827)
Proceeds from sale of property and equipment 541 161
Purchases of AFF Assets, net (688,485)  
Increase in intangibles (4,881) (3,566)
Decrease in other assets (2,377) (1,214)
Net cash provided by (used in) investing activities 2,625 (105,867)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on debt (1,099) (530)
Issuance of common stock 8,167 1,689,120
Purchases of common stock held in treasury (2,002,254) (412,217)
Net cash (used in) provided by financing activities (1,995,186) 1,276,373
Effect of exchange rate changes on cash and cash equivalents 4,358 (5,330)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (1,740,648) 1,325,972
CASH AND CASH EQUIVALENTS, beginning of period 2,175,417 370,323
CASH AND CASH EQUIVALENTS, end of period 434,769 1,696,295
Cash paid during the period for:    
Interest 34 12
Income taxes $ 315,177 $ 76,285