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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Agency revenues $ 1,785,313 $ 1,500,029
Merchant revenues 442,045 470,032
Advertising and other revenues 192,046 178,058
Total revenues 2,419,404 2,148,119
Cost of revenues 85,169 128,669
Gross profit 2,334,235 2,019,450
Operating expenses:    
Performance advertising 980,773 779,909
Brand advertising 73,012 69,845
Sales and marketing 114,036 92,323
Personnel, including stock-based compensation of $58,948 and $66,000, respectively 351,030 308,351
General and administrative 135,547 113,045
Information technology 39,945 32,788
Depreciation and amortization 83,430 72,871
Total operating expenses 1,777,773 1,469,132
Operating income 556,462 550,318
Other income (expense):    
Interest income 31,992 20,347
Interest expense (55,717) (46,894)
Foreign currency transactions and other (5,127) (12,928)
Impairment of cost-method investment 0 (50,350)
Total other expense (28,852) (89,825)
Earnings before income taxes 527,610 460,493
Income tax expense 71,987 86,069
Net income $ 455,623 $ 374,424
Net income applicable to common stockholders per basic common share $ 9.26 $ 7.54
Weighted-average number of basic common shares outstanding 49,192 49,630
Net income applicable to common stockholders per diluted common share $ 9.11 $ 7.47
Weighted-average number of diluted common shares outstanding 50,025 50,129