Priceline 2014 Annual Report Download - page 83

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The Priceline Group Inc.
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)
See Notes to Consolidated Financial Statements.
79
December 31,
2014
2013
ASSETS
Current assets:
Cash and cash equivalents
$
3,148,651
$
1,289,994
Restricted cash
843
10,476
Short-term investments
1,142,182
5,462,720
Accounts receivable, net of allowance for doubtful accounts of $14,212 and $14,116, respectively
643,894
535,962
Prepaid expenses and other current assets
178,050
107,102
Deferred income taxes
153,754
74,687
Total current assets
5,267,374
7,480,941
Property and equipment, net
198,953
135,053
Intangible assets, net
2,334,761
1,019,985
Goodwill
3,326,474
1,767,912
Long-term investments
3,755,653
—
Other assets
57,348
40,569
Total assets
$
14,940,563
$
10,444,460
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable
$
281,480
$
247,345
Accrued expenses and other current liabilities
600,758
545,342
Deferred merchant bookings
460,558
437,127
Convertible debt
37,195
151,931
Total current liabilities
1,379,991
1,381,745
Deferred income taxes
1,040,260
326,425
Other long-term liabilities
103,533
75,981
Long-term debt
3,849,756
1,742,047
Total liabilities
6,373,540
3,526,198
Commitments and Contingencies (See Note 16)
Convertible debt
329
8,533
Stockholders' equity:
Common stock, $0.008 par value, authorized 1,000,000,000 shares, 61,821,097 and 61,265,160
shares issued, respectively
480
476
Treasury stock, 9,888,024 and 9,256,721, respectively
(2,737,585
)
(1,987,207
)
Additional paid-in capital
4,923,196
4,592,979
Accumulated earnings
6,640,505
4,218,752
Accumulated other comprehensive income (loss)
(259,902
)
84,729
Total stockholders' equity
8,566,694
6,909,729
Total liabilities and stockholders' equity
$
14,940,563
$
10,444,460