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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 712,685 $ 546,733 $ 483,185
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 40,845 30,860 25,651
(Gain) loss on disposal of property and equipment (204) 193 (408)
Gain on sale of Monster Non-Energy   (161,470)  
Stock-based compensation 45,848 32,719 28,552
Loss on put option   250 842
Gain on investments, net   (250) (801)
Deferred income taxes (19,092) (181,582) (9,846)
Effect on cash of changes in operating assets and liabilities, net of acquisitions and divestitures:      
Accounts receivable (86,382) (77,331) (14,290)
Distributor receivables (19,981) 600 4,580
Inventories 20,875 (7,068) 42,763
Prepaid expenses and other current assets (6,682) (9,713) 888
Prepaid income taxes (48,023) (11,009) 157
Accounts payable 45,340 20,864 11,282
Accrued liabilities (2,852) 43,312 3,019
Accrued promotional allowances (3,939) 7,009 20,530
Accrued distributor terminations (3,328) 11,196 (2,338)
Accrued compensation 8,051 4,507 3,394
Income taxes payable 4,375 311,534 8,438
Deferred revenue 13,819 (38,631) (8,107)
Net cash provided by operating activities 701,355 522,723 597,491
CASH FLOWS FROM INVESTING ACTIVITIES:      
Maturities of held-to-maturity investments 868,304 2,089,788 710,294
Sales of available-for-sale investments 120,987 4,001  
Sales of trading investments   4,160 13,075
Proceeds from transfer of distribution rights to TCCC   179,658  
Proceeds from the sale of Monster Non-Energy   198,008  
Purchases of AFF assets, net (688,485)    
Proceeds from sale of property and equipment 807 926 963
Purchases of held-to-maturity investments (152,050) (2,033,584) (1,130,601)
Purchases of available-for-sale investments (300,426)   (4,001)
Purchases of property and equipment (99,819) (35,605) (27,952)
Additions to intangibles (5,518) (6,888) (3,411)
Decrease (increase) in other assets 7 (398) 1,230
Net cash (used in) provided by investing activities (256,193) 400,066 (440,403)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Principal payments on debt (2,359) (1,083) (1,619)
Issuance of common stock 16,405 1,696,661 17,168
Purchases of common stock held in treasury (2,252,437) (807,967) (8,175)
Net cash (used in) provided by financing activities (2,238,391) 887,611 7,374
Effect of exchange rate changes on cash and cash equivalents (4,606) (5,306) (5,488)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (1,797,835) 1,805,094 158,974
CASH AND CASH EQUIVALENTS, beginning of year 2,175,417 370,323 211,349
CASH AND CASH EQUIVALENTS, end of year 377,582 2,175,417 370,323
Cash paid during the period for:      
Interest 68 29 34
Income taxes $ 431,273 $ 224,928 $ 267,251