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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating activities:    
Net income (loss) $ 66,050 $ (44,353)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation of property and equipment, including internal-use software and website development 127,692 100,005
Amortization of stock-based compensation 45,835 91,164
Amortization of intangible assets 36,756 31,407
Deferred income taxes (809) 25,012
Foreign exchange (gain) loss on cash, cash equivalents and short-term investments, net (15,746) 84,299
Realized (gain) loss on foreign currency forwards 3,590 (24,189)
Other (5,107) 10,871
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable (307,000) (207,418)
Prepaid expenses and other current assets (44,926) (56,372)
Accounts payable, merchant 168,202 301,568
Accounts payable, other, accrued expenses and other current liabilities 236,810 9,470
Taxes payable/receivable, net (42,764) (84,491)
Deferred merchant bookings 1,175,122 948,749
Deferred revenue 21,237 13,886
Net cash provided by operating activities 1,464,942 1,199,608
Investing activities:    
Capital expenditures, including internal-use software and website development (157,213) (157,840)
Purchases of investments (1,026,054) (1,129,789)
Sales and maturities of investments 419,478 772,817
Acquisitions, net of cash acquired   (540,489)
Net settlement of foreign currency forwards (3,590) 24,189
Other, net 2,386 (43)
Net cash used in investing activities (764,993) (1,031,155)
Financing activities:    
Purchases of treasury stock (339,020) (134,238)
Proceeds from issuance of treasury stock   25,273
Payment of dividends to stockholders (38,833) (35,621)
Proceeds from exercise of equity awards and employee stock purchase plan 53,156 34,613
Excess tax benefit on equity awards 27,394 28,827
Other, net 1,693 (8,886)
Net cash provided by (used in) financing activities (295,610) (90,032)
Effect of exchange rate changes on cash and cash equivalents 8,448 (59,765)
Net increase in cash and cash equivalents 412,787 18,656
Cash and cash equivalents at beginning of period 1,021,033 1,293,161
Cash and cash equivalents at end of period 1,433,820 1,311,817
Supplemental cash flow information    
Cash paid for interest 43,066 41,893
Income tax payments, net $ 36,630 $ 41,797