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CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 1,657,537 $ 1,630,809
Marketable securities 5,630 4,995
Accounts receivable, net of allowance of $14,239 and $11,489, respectively 325,263 304,027
Other current assets 234,502 185,374
Total current assets 2,222,932 2,125,205
Property and equipment, net of accumulated depreciation and amortization of $287,526 and $271,811, respectively 301,865 315,170
Goodwill 2,601,210 2,559,066
Intangible assets, net of accumulated amortization of $94,027 and $74,957, respectively 653,205 663,737
Long-term investments 81,912 64,977
Deferred income taxes 84,108 66,321
Other non-current assets 85,742 73,334
TOTAL ASSETS 6,030,974 5,867,810
LIABILITIES:    
Current portion of long-term debt 14,120 13,750
Accounts payable, trade 79,588 76,571
Deferred revenue 374,339 342,483
Accrued expenses and other current liabilities 361,446 366,924
Total current liabilities 829,493 799,728
Long-term debt, net 1,980,579 1,979,469
Income taxes payable 24,076 25,624
Deferred income taxes 35,938 35,070
Other long-term liabilities 31,398 38,229
Redeemable noncontrolling interests 47,099 42,867
Commitments and contingencies
SHAREHOLDERS' EQUITY:    
Additional paid-in capital 12,093,006 12,165,002
Retained earnings 702,915 595,038
Accumulated other comprehensive loss (74,950) (103,568)
Treasury stock 194,163 shares, respectively (10,226,721) (10,226,721)
Total IAC shareholders' equity 2,494,527 2,430,028
Noncontrolling interests 587,864 516,795
Total shareholders' equity 3,082,391 2,946,823
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 6,030,974 5,867,810
Common stock $.001 par value; authorized 1,600,000 shares; issued 261,396 and 260,624 shares, respectively, and outstanding 77,601 and 76,829 shares, respectively    
SHAREHOLDERS' EQUITY:    
Common stock 261 261
Class B convertible common stock $.001 par value; authorized 400,000 shares; issued 16,157 shares and outstanding 5,789 shares    
SHAREHOLDERS' EQUITY:    
Common stock $ 16 $ 16