CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 3,151,959	$ 2,131,632
Marketable securities	161,749	123,665
Accounts receivable, net of allowance and reserves of $24,699 and $18,860, respectively	365,495	279,189
Other current assets	234,884	228,253
Total current assets	3,914,087	2,762,739
Right-of-use assets	180,290	0
Property and equipment, net of accumulated depreciation and amortization of $298,113 and $286,798, respectively	361,550	318,800
Goodwill	2,892,962	2,726,859
Intangible assets, net of accumulated amortization of $175,570 and $136,405, respectively	628,418	631,422
Long-term investments	101,958	235,055
Deferred income taxes	115,988	64,786
Other non-current assets	103,852	134,924
TOTAL ASSETS	8,299,105	6,874,585
LIABILITIES:
Current portion of long-term debt	13,750	13,750
Accounts payable, trade	104,392	74,907
Deferred revenue	402,218	360,015
Accrued expenses and other current liabilities	433,102	434,886
Total current liabilities	953,462	883,558
Long-term debt, net	3,138,531	2,245,548
Income taxes payable	36,533	37,584
Deferred income taxes	23,010	23,600
Other long-term liabilities	223,470	66,807
Redeemable noncontrolling interests	80,502	65,687
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Additional paid-in capital	11,957,543	12,022,387
Retained earnings	1,460,956	1,258,794
Accumulated other comprehensive loss	(125,705)	(128,722)
Treasury stock 194,708 shares	(10,309,612)	(10,309,612)
Total IAC shareholders' equity	2,983,461	2,843,125
Noncontrolling interests	860,136	708,676
Total shareholders' equity	3,843,597	3,551,801
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	8,299,105	6,874,585
Common stock $.001 par value; authorized 1,600,000 shares; issued 262,789 and 262,303 shares, respectively, and outstanding 78,449 and 77,963 shares, respectively
SHAREHOLDERS' EQUITY:
Common stock	263	262
Class B convertible common stock $.001 par value; authorized 400,000 shares; issued 16,157 shares and outstanding 5,789 shares
SHAREHOLDERS' EQUITY:
Common stock	$ 16	$ 16