Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 199,944 $ 334,667
Short-term investments 37,109 35,844
Accounts receivable, net of allowance of $2,165 at December 31, 2015 and $3,633 at December 31, 2016 309,267 277,075
Prepaid content acquisition costs 46,310 2,099
Prepaid expenses and other current assets 33,191 33,821
Total current assets 625,821 683,506
Long-term investments 6,252 46,369
Property and equipment, net 124,088 66,370
Goodwill 306,691 303,875
Intangible assets, net 90,425 110,745
Other long-term assets 31,533 29,792
Total assets 1,184,810 1,240,657
Current liabilities    
Accounts payable 15,224 17,897
Accrued liabilities 35,465 37,185
Accrued content acquisition costs 93,723 97,390
Accrued compensation 60,353 43,788
Deferred revenue 28,359 19,939
Other current liabilities 20,993 15,632
Total current liabilities 254,117 231,831
Long-term debt, net 342,247 234,577
Other long-term liabilities 34,187 30,862
Total liabilities 630,551 497,270
Stockholders’ equity    
Common stock, $0.0001 par value, 1,000,000,000 shares authorized: 224,970,412 shares issued and outstanding at December 31, 2015 and 235,162,757 at December 31, 2016 24 23
Additional paid-in capital 1,264,693 1,110,539
Accumulated deficit (709,636) (366,658)
Accumulated other comprehensive loss (822) (517)
Total stockholders’ equity 554,259 743,387
Total liabilities and stockholders’ equity $ 1,184,810 $ 1,240,657