XML 19 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 1,092,968 $ 1,645,234
Restricted cash 8,659 2,053
Short-term investments 32,548 58,736
Accounts receivable (net of allowance for doubtful accounts of $2,410 and $3,478 as of December 31, 2014 and 2015, respectively) 261,119 154,287
Prepaid expenses and other current assets 382,452 221,196
Amounts due from related parties 2,861 9,799
Deferred tax assets - current 1,268 4,844
Total current assets 1,781,875 2,096,149
Property and equipment, net 274,972 272,026
Land use rights, net 130,072 139,107
Acquired intangible assets, net 53,364 51,289
Goodwill 312,968 344,630
Long-term investments 1,026,106 314,979
Other noncurrent assets 38,901 97,025
Deferred tax assets - noncurrent 36,905 16,365
Total assets 3,655,163 3,331,570
Current liabilities (including amounts of the consolidated VIEs without recourse to Qihoo 360 Technology Co. Ltd. of $367,837 and $275,846 as of December 31, 2014 and 2015, respectively):    
Accounts payable 146,114 121,115
Accrued expenses and other current liabilities 420,632 298,831
Deferred revenue-current 79,939 72,890
Amounts due to related parties 2,770 1,089
Income tax payable 76,834 46,304
Long-term debt - current portion 1,635,000 0
Total current liabilities 2,361,289 540,229
Non-current liabilities (including amounts of the consolidated VIEs without recourse to Qihoo 360 Technology Co. Ltd. of $9,611 and $19,654 as of December 31, 2014 and 2015, respectively):    
Deferred tax liabilities 15,582 8,516
Deferred revenue-noncurrent 2,845 2,281
Long-term debt 0 1,635,000
Other non-current liabilities 2,641 3,276
Total liabilities $ 2,382,357 $ 2,189,302
Commitments and contingencies (Note 20)
EQUITY    
Treasury stock $ (97,623) $ (139)
Additional paid-in capital 668,711 669,760
Statutory reserves 58,793 49,433
Accumulated other comprehensive loss (56,927) (11,772)
Retained earnings 618,731 321,123
Total Qihoo 360 Technology Co. Ltd. shareholders' equity 1,191,880 1,028,598
Noncontrolling interest 80,926 113,670
TOTAL EQUITY 1,272,806 1,142,268
TOTAL LIABILITIES AND EQUITY 3,655,163 3,331,570
Class A ordinary shares ($0.001 par value; 378,000,000 and 378,000,000 shares authorized as of December 31, 2014 and 2015, respectively; 147,485,168 and 151,592,057 shares issued and outstanding as of December 31, 2014 and 2015, respectively) [Member]    
EQUITY    
Ordinary shares 152 147
Class B ordinary shares ($0.001 par value; 122,000,000 and 122,000,000 shares authorized as of December 31, 2014 and 2015, respectively; 45,931,163 and 42,568,349 shares issued and outstanding as of December 31, 2014 and 2015, respectively) [Member]    
EQUITY    
Ordinary shares $ 43 $ 46