XML 53 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 3,148,651us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,289,994us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 843us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 10,476us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Short-term investments 1,142,182us-gaap_AvailableForSaleSecuritiesDebtSecuritiesCurrent 5,462,720us-gaap_AvailableForSaleSecuritiesDebtSecuritiesCurrent
Accounts receivable, net of allowance for doubtful accounts of $14,212 and $14,116, respectively 643,894us-gaap_AccountsReceivableNetCurrent 535,962us-gaap_AccountsReceivableNetCurrent
Prepaid expenses and other current assets 178,050us-gaap_PrepaidExpenseAndOtherAssetsCurrent 107,102us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Deferred income taxes 153,754us-gaap_DeferredTaxAssetsNetCurrent 74,687us-gaap_DeferredTaxAssetsNetCurrent
Total current assets 5,267,374us-gaap_AssetsCurrent 7,480,941us-gaap_AssetsCurrent
Property and equipment, net 198,953us-gaap_PropertyPlantAndEquipmentNet 135,053us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, net 2,334,761us-gaap_IntangibleAssetsNetExcludingGoodwill 1,019,985us-gaap_IntangibleAssetsNetExcludingGoodwill
Goodwill 3,326,474us-gaap_Goodwill 1,767,912us-gaap_Goodwill
Long-term investments 3,755,653us-gaap_AvailableForSaleSecuritiesNoncurrent 0us-gaap_AvailableForSaleSecuritiesNoncurrent
Other assets 57,348us-gaap_OtherAssetsNoncurrent 40,569us-gaap_OtherAssetsNoncurrent
Total assets 14,940,563us-gaap_Assets 10,444,460us-gaap_Assets
Current liabilities:    
Accounts payable 281,480us-gaap_AccountsPayableCurrent 247,345us-gaap_AccountsPayableCurrent
Accrued expenses and other current liabilities 600,758us-gaap_AccruedLiabilitiesCurrent 545,342us-gaap_AccruedLiabilitiesCurrent
Deferred merchant bookings 460,558pcln_DeferredMerchantBookings 437,127pcln_DeferredMerchantBookings
Convertible debt 37,195pcln_ConvertibleDebtLiability 151,931pcln_ConvertibleDebtLiability
Total current liabilities 1,379,991us-gaap_LiabilitiesCurrent 1,381,745us-gaap_LiabilitiesCurrent
Deferred income taxes 1,040,260us-gaap_DeferredTaxLiabilitiesNoncurrent 326,425us-gaap_DeferredTaxLiabilitiesNoncurrent
Other long-term liabilities 103,533us-gaap_OtherLiabilitiesNoncurrent 75,981us-gaap_OtherLiabilitiesNoncurrent
Long-term debt 3,849,756us-gaap_LongTermDebtNoncurrent 1,742,047us-gaap_LongTermDebtNoncurrent
Total liabilities 6,373,540us-gaap_Liabilities 3,526,198us-gaap_Liabilities
Commitments and Contingencies (See Note 16)      
Convertible debt 329pcln_ConvertibleDebtEquity 8,533pcln_ConvertibleDebtEquity
Stockholders' equity:    
Common stock, $0.008 par value, authorized 1,000,000,000 shares, 61,821,097 and 61,265,160 shares issued, respectively 480us-gaap_CommonStockValue 476us-gaap_CommonStockValue
Treasury stock, 9,888,024 and 9,256,721, respectively (2,737,585)us-gaap_TreasuryStockValue (1,987,207)us-gaap_TreasuryStockValue
Additional paid-in capital 4,923,196us-gaap_AdditionalPaidInCapital 4,592,979us-gaap_AdditionalPaidInCapital
Accumulated earnings 6,640,505us-gaap_RetainedEarningsAccumulatedDeficit 4,218,752us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income (loss) (259,902)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 84,729us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders' equity 8,566,694us-gaap_StockholdersEquity 6,909,729us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 14,940,563us-gaap_LiabilitiesAndStockholdersEquity $ 10,444,460us-gaap_LiabilitiesAndStockholdersEquity