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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 233,417 $ 236,254
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 13,249 12,995
Gain on disposal of property and equipment (108) (185)
Gain on sale of Monster Non-Energy (161,470)  
Stock-based compensation 14,837 15,089
Loss on put option   97
Gain on investments, net   (84)
Deferred income taxes 156,710 168
Excess tax benefit from stock-based compensation (300,331) (3,303)
Effect on cash of changes in operating assets and liabilities:    
Accounts receivable (95,235) (99,711)
Distributor receivables 191 1,242
Inventories (28,919) 13,536
Prepaid expenses and other current assets (3,322) (4,189)
Prepaid income taxes (84,147) 2,503
Accounts payable 72,124 36,113
Accrued liabilities 12,482 17,529
Accrued promotional allowances 18,038 31,776
Accrued distributor terminations 64,767 165
Accrued compensation (3,493) (4,618)
Income taxes payable (7,533) 6,780
Deferred revenue (40,792) (3,180)
Net cash (used in) provided by operating activities (139,535) 258,977
CASH FLOWS FROM INVESTING ACTIVITIES:    
Maturities of held-to-maturity investments 480,281 324,819
Sales of available-for-sale investments 100  
Sales of trading investments 725 3,450
Proceeds from transfer of distribution right to TCCC 179,658  
Purchases of held-to-maturity investments (944,193) (421,797)
Purchases of property and equipment (15,827) (15,074)
Proceeds from the sale of Monster Non-Energy 198,008  
Proceeds from sale of property and equipment 161 310
(Increase) decrease to intangibles (3,566) (828)
Decrease in other assets (1,214) 1,102
Net cash provided by (used in) investing activities (105,867) (108,018)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on debt (530) (973)
Excess tax benefit from stock based compensation 300,331 3,303
Issuance of common stock 1,689,120 7,716
Purchases of common stock held in treasury (412,217) (59)
Net cash (Used in) provided by financing activities 1,576,704 9,987
Effect of exchange rate changes on cash and cash equivalents (5,330) 756
Cash and Cash Equivalents, Period Increase (Decrease), Total 1,325,972 161,702
CASH AND CASH EQUIVALENTS, beginning of year 370,323 211,349
CASH AND CASH EQUIVALENTS, end of year 1,696,295 373,051
Cash paid during the period for:    
Interest 12 18
Income taxes $ 76,285 $ 119,654