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The Company incurred termination costs of $19.9 million and $3.4 million for the three-months ended March 31, 2017 and 2016, respectively.   In the normal course of business, amounts received pursuant to new and/or amended distribution agreements entered into with certain distributors, relating to the costs associated with terminating agreements with the Company’s prior distributors, are accounted for as deferred revenue and are recognized as revenue ratably over the anticipated life of the respective distribution agreement, generally 20 years. Revenue recognized was $10.0 million and $8.2 million for the three-months ended March 31, 2017 and 2016, respectively.   <div /></div> </div> P20Y 3400000 19900000 111400000 22400000 P3Y2M12D P2Y 0 0 2364278000 1334494000 28035000 1001749000 2364529000 1337398000 26956000 1000175000 22300000 37600000 -2853000 315000 13136000 14111000 1656000 951000 608000 658000 223144000 6003000 2403000 3917000 4003000 40382000 140379000 26057000 209904000 13808000 478000 3917000 4002000 4003000 3164000 50623000 119833000 10076000 1.05 3600000 6200000 <div> <div>   2.         RECENT ACCOUNTING PRONOUNCEMENTS   In January 2017, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business”, which clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. This amendment is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact of ASU No. 2017-01 on its financial position, results of operations and liquidity.   In January 2017, the FASB issued ASU No. 2017-04, “Intangibles and Other (Topic 350): Simplifying the Test for Goodwill Impairment”, which eliminates the requirement to calculate the implied fair value of goodwill but rather requires an entity to record an impairment charge based on the excess of a reporting unit’s carrying value over its fair value. This amendment is effective for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted. The Company is currently evaluating the impact of ASU No. 2017-04 on its financial position, results of operations and liquidity.   In October 2016, the FASB issued ASU No. 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory”, in an effort to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. Current GAAP prohibits the recognition of current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party. FASB ASU No. 2016-16 establishes the requirement that an entity recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. ASU No. 2016-16 is effective for financial statements issued for annual periods beginning after December 15, 2017 and interim periods within those annual periods. Earlier application is permitted as of the beginning of an interim or annual reporting period, with any adjustments reflected as of the beginning of the fiscal year of adoption. The Company is currently evaluating the impact of ASU No. 2016-16 on its financial position, results of operations and liquidity.   In August 2016, the FASB issued ASU No. 2016-15, “Statement of Cash Flows (Topic 230)”. The new guidance is intended to reduce diversity in practice in how certain transactions are classified in the statement of cash flows. ASU No. 2016-15 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. Early adoption is permitted, provided that all of the amendments are adopted in the same period. The guidance requires application using a retrospective transition method. The Company is currently evaluating the impact of ASU No. 2016-15 on its financial position, results of operations and liquidity.   In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”. The accounting standard changes the methodology for measuring credit losses on financial instruments and the timing when such losses are recorded. ASU No. 2016-13 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2019. Early adoption is permitted for fiscal years, and interim periods within those years, beginning after December 15, 2018. The Company is currently evaluating the impact of ASU No. 2016-13 on its financial position, results of operations and liquidity.   In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842)”. This update is intended to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This update is effective for annual and interim reporting periods beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact of ASU No. 2016-02 on its financial position, results of operations and liquidity.   In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)”, which supersedes previous revenue recognition guidance. ASU No. 2014-09 requires that a company recognize revenue at an amount that reflects the consideration to which the company expects to be entitled in exchange for transferring goods or services to a customer. In applying the new guidance, a company will (i) identify the contract(s) with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the contract’s performance obligations; and (v) recognize revenue when (or as) the entity satisfies a performance obligation. ASU No. 2014-09 was to be effective for reporting periods beginning after December 15, 2016.  However, on July 9, 2015, the FASB voted to approve a one-year deferral of the effective date. This new guidance is effective for the Company beginning January 1, 2018 and can be adopted using either a full retrospective or modified approach. The Company is in the very early stages of evaluating the amended revenue recognition guidance in Topic 606. The evaluation has yet to progress to a stage where there is sufficient information for a preliminary position of the impact on the Company’s consolidated financial statements. Therefore, the Company is unable at this time to provide (i) qualitative financial statement disclosures of the potential impact that this standard will have on its financial statements when adopted, (ii) a description of the effects of the accounting policies it expects to apply, (iii) a comparison to its current revenue recognition policies and (iv) a method for adoption.   <div /></div> </div> 1397 2 P1Y 39100000 2 <div> <div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 93.00%;margin-left:36pt;"> <tr> <td valign="top" style="width:61.84%;padding:0pt;">   </td> <td valign="top" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:14.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> March 31, 2017 </td> <td valign="top" style="width:04.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:14.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2016 </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:61.84%;padding:0pt;"> Amortizing intangibles </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.56%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>71,330 </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.18%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.82%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>71,290 </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:61.84%;padding:0pt;"> Accumulated amortization </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(17,497) </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(14,535) </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:61.84%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:14.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:14.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:61.84%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>53,833 </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,755 </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:61.84%;padding:0pt;"> Non-amortizing intangibles </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>979,053 </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>975,880 </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:61.84%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:14.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:14.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:61.84%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.56%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,032,886 </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.18%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.82%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,032,635 </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:61.84%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div> 2000 20.69

193270000

178093000

41210000

35869000

236000

924000

151756000

161440000

448051000

509477000

7657000

8749000

79526000

92043000

764000

74000

109909000

116430000

-23249000

-193000

-23056000

-21917000

-62000

-21855000

4051245000

4072508000

10100000

13100000

1800000

3000000

4200000

8000000

1000000

4153471000

4349747000

1432270000

1616816000

600002000

355084000

244918000

47855000

76112000

157617000

26051000

13923000

76112000

47855000

157617000

26051000

13923000

787030000

499694000

287336000

37189000

54443000

211237000

159054000

10070000

25730000

211237000

37189000

54443000

159054000

10070000

25730000

222948000

40382000

2394000

140198000

26051000

13923000

209843000

3164000

50623000

477000

119779000

10070000

25730000

2000

196000

9000

181000

6000

63000

1000

56000

6000

223144000

40382000

2403000

140379000

26057000

13923000

209904000

3164000

50623000

478000

119833000

10076000

25730000

196000

9000

181000

6000

61000

1000

54000

6000

0.10

300000

4300000

1200000

1000000

278972000

288457000

2175417000

377582000

2528109000

377582000

355084000

22498000

576337000

499694000

76643000

352692000

198755000

0.005

1250000000

623201000

624405000

566566000

567769000

3116000

3122000

170312000

179312000

0.46

0.34

153400000

257088000

261272000

People's Bank of China

41672000

42625000

353173000

349697000

8200000

10000000

159556000

158739000

9024000

5779000

1770000

1475000

11183000

6541000

1153000

1796000

1693000

22314000

2138000

7915000

4094000

2330000

22748000

18255000

3692000

35972000

21556000

1477000

21483000

173000

28000

24000

9000

2000

63000

76000

6000

291000

4000

5000

479000

528000

74000

3000

325000

57000

4000

5000

296000

-850000

7000

22000

4000

3000

38000

317000

-5028000

15135000

3138000

29621000

7718000

25864000

2076000

20405000

3869000

4779000

2233000

374000

6383000

P1M

7321000

-764000

30043000

14275000

4000000

13600000

1600000

9400000

310100000

255800000

<div> <div>   4.         FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES   ASC 820 provides a framework for measuring fair value and requires disclosures regarding fair value measurements. ASC 820 defines fair value as the price that would be received on the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available. The three levels of inputs required by the standard that the Company uses to measure fair value are summarized below.   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"></td><td valign="top" align="left" style="width: 18.00pt; display: inline;"> · </td><td style="width:0pt;"></td><td align="left" valign="top"> Level 1: Quoted prices in active markets for identical assets or liabilities.</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"></td><td valign="top" align="left" style="width: 18.00pt; display: inline;"> · </td><td style="width:0pt;"></td><td align="left" valign="top"> Level 2: Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"></td><td valign="top" align="left" style="width: 18.00pt; display: inline;"> · </td><td style="width:0pt;"></td><td align="left" valign="top"> Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.</td></tr></table></div>   ASC 820 requires the use of observable market inputs (quoted market prices) when measuring fair value and requires a Level 1 quoted price to be used to measure fair value whenever possible.   The following tables present the fair value of the Company’s financial assets and liabilities that are recorded at fair value on a recurring basis, segregated among the appropriate levels within the fair value hierarchy at:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="top" style="width:42.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> March 31, 2017 </td> <td valign="bottom" style="width:02.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Cash </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>288,457 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>288,457 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Money market funds </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>211,237 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>211,237 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Certificates of deposit </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,189 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,189 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>54,443 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>54,443 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Variable rate demand notes </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,730 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,730 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>159,054 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>159,054 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,070 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,070 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Foreign currency derivatives </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>850 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>850 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>499,694 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>287,336 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>787,030 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Amounts included in: </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Cash and cash equivalents </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>499,694 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>76,643 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>576,337 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Short-term investments </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>209,366 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>209,366 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Accounts receivable, net </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>924 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>924 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Investments </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>477 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>477 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Accrued liabilities </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(74 </td> <td valign="bottom" style="width:02.00%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(74 </td> <td valign="bottom" style="width:01.00%;"> ) </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>499,694 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>287,336 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>787,030 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2016 </td> <td valign="bottom" style="width:02.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Cash </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>278,972 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>278,972 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Money market funds </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>76,112 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>76,112 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>47,855 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>47,855 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Variable rate demand notes </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,923 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,923 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>157,617 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>157,617 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,051 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,051 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Foreign currency derivatives </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(528 </td> <td valign="bottom" style="width:02.00%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(528 </td> <td valign="bottom" style="width:01.00%;"> ) </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>355,084 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>244,918 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>600,002 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Amounts included in: </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Cash and cash equivalents </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>355,084 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,498 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>377,582 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Short-term investments </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>220,554 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>220,554 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Accounts receivable, net </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>236 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>236 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Investments </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,394 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,394 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Accrued liabilities </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(764 </td> <td valign="bottom" style="width:02.00%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(764 </td> <td valign="bottom" style="width:01.00%;"> ) </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>355,084 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>244,918 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>600,002 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> </table></div>   All of the Company’s short-term investments are classified within Level 1 or Level 2 of the fair value hierarchy.  The Company’s valuation of its Level 1 investments, which include money market funds, is based on quoted market prices in active markets for identical securities. The Company’s valuation of its Level 2 investments, which include municipal securities, commercial paper, certificates of deposit, VRDNs and U.S. government agency securities, is based on other observable inputs, specifically a market approach which utilizes valuation models, pricing systems, mathematical tools and other relevant information for the same or similar securities. The Company’s valuation of its Level 2 foreign currency exchange contracts is based on quoted market prices of the same or similar instruments, adjusted for counterparty risk. There were no transfers between Level 1 and Level 2 measurements during the three-months ended March 31, 2017 or the year ended December 31, 2016, and there were no changes in the Company’s valuation techniques.   <div /></div> </div>

14535000

17497000

71290000

71330000

56755000

53833000

P7Y

P5Y

-46000

268000

1331643000

693644000

637999000

1331643000

693644000

637999000

423098000

480874000

255321000

-50833000

255321000

267094000

39060000

264920000

-57925000

264920000

279335000

1416000

42094000

0.27

0.31

0.26

0.31

137186000

66094000

91444000

86940000

36086000

-19317000

58550000

-7441000

-34791000

-5506000

12239000

6788000

3092000

-4454000

-9147000

-15802000

7639000

7793000

12841000

11368000

10535000

-25601000

11886000

10454000

975880000

979053000

1032635000

1032886000

16000

19000

103313000

101258000

161971000

171290000

58658000

70032000

222948000

6003000

2394000

3917000

4003000

40382000

140198000

26051000

209843000

13808000

477000

3917000

4002000

4003000

3164000

50623000

119779000

10070000

<div> <div>   3.         INVESTMENTS   The following table summarizes the Company’s investments at:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:27.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> March 31, 2017 </td> <td valign="top" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Amortized Cost </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gross Unrealized Holding Gains </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gross Unrealized Holding Losses </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fair Value </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Continuous Unrealized Loss Position less than 12 Months </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Continuous Unrealized Loss Position greater than 12 Months </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Available-for-sale </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Short-term: </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Commercial paper </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.66%;padding:0pt;">   $ </td> <td valign="top" style="width:07.34%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>50,623 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.16%;padding:0pt;">   $ </td> <td valign="top" style="width:06.86%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.48%;padding:0pt;">   $ </td> <td valign="top" style="width:06.52%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.56%;padding:0pt;">   $ </td> <td valign="top" style="width:07.44%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>50,623 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.06%;padding:0pt;">   $ </td> <td valign="top" style="width:06.94%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.74%;padding:0pt;">   $ </td> <td valign="top" style="width:07.24%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Certificates of deposit </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,164 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,164 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>119,833 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>119,779 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>54 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> U.S. government agency securities </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,076 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,070 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Variable rate demand notes </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,730 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,730 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Long-term: </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>478 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>477 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Total </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.66%;padding:0pt;">   $ </td> <td valign="top" style="width:07.34%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>209,904 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.16%;padding:0pt;">   $ </td> <td valign="top" style="width:06.86%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.48%;padding:0pt;">   $ </td> <td valign="top" style="width:06.52%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>63 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.56%;padding:0pt;">   $ </td> <td valign="top" style="width:07.44%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>209,843 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.06%;padding:0pt;">   $ </td> <td valign="top" style="width:06.94%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>61 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.74%;padding:0pt;">   $ </td> <td valign="top" style="width:07.24%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:07.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:06.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:06.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:07.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:06.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:27.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2016 </td> <td valign="top" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Amortized Cost </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gross Unrealized Holding Gains </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gross Unrealized Holding Losses </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fair Value </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Continuous Unrealized Loss Position less than 12 Months </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Continuous Unrealized Loss Position greater than 12 Months </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Available-for-sale </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Short-term: </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Commercial paper </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.66%;padding:0pt;">   $ </td> <td valign="top" style="width:07.34%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,382 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.16%;padding:0pt;">   $ </td> <td valign="top" style="width:06.86%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.48%;padding:0pt;">   $ </td> <td valign="top" style="width:06.52%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.56%;padding:0pt;">   $ </td> <td valign="top" style="width:07.44%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,382 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.06%;padding:0pt;">   $ </td> <td valign="top" style="width:06.94%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.74%;padding:0pt;">   $ </td> <td valign="top" style="width:07.24%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>140,379 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>181 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>140,198 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>181 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> U.S. government agency securities </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,057 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,051 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Variable rate demand notes </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,923 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,923 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Long-term: </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,403 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,394 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Total </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.66%;padding:0pt;">   $ </td> <td valign="top" style="width:07.34%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>223,144 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.16%;padding:0pt;">   $ </td> <td valign="top" style="width:06.86%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.48%;padding:0pt;">   $ </td> <td valign="top" style="width:06.52%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>196 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.56%;padding:0pt;">   $ </td> <td valign="top" style="width:07.44%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,948 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.06%;padding:0pt;">   $ </td> <td valign="top" style="width:06.94%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>196 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.74%;padding:0pt;">   $ </td> <td valign="top" style="width:07.24%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:07.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:06.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:06.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:07.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:06.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> </table></div>   During the three-months ended March 31, 2017 and 2016, realized gains or losses recognized on the sale of investments were not significant.   The Company’s investments at March 31, 2017 and December 31, 2016 in commercial paper, certificates of deposit, municipal securities, U.S. government agency securities and/or variable rate demand notes (“VRDNs”) carried investment grade credit ratings. VRDNs are floating rate municipal bonds with embedded put options that allow the bondholder to sell the security at par plus accrued interest. All of the put options are secured by a pledged liquidity source. While they are classified as marketable investment securities, the put option allows the VRDNs to be liquidated at par on a same day, or more generally, on a seven day settlement basis.   The following table summarizes the underlying contractual maturities of the Company’s investments at:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 93.00%;margin-left:36pt;"> <tr> <td valign="top" style="width:37.60%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:28.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> March 31, 2017 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:28.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2016 </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Amortized Cost </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fair Value </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Amortized Cost </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fair Value </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Less than 1 year: </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.90%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.08%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>50,623 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.82%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.04%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>50,623 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.58%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.42%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,382 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.84%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,382 </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Certificates of deposit </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,164 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,164 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>119,833 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>119,779 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>140,379 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>140,198 </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,076 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,070 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,057 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,051 </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Due 1 -10 years: </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>478 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>477 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,403 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,394 </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Variable rate demand notes </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,917 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,917 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,917 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,917 </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Due 11 - 20 years: </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Variable rate demand notes </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,808 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,808 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,003 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,003 </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Due 21 - 30 years: </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Variable rate demand notes </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,002 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,002 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,003 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,003 </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Due 31 - 40 years: </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Variable rate demand notes </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,003 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,003 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.90%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.08%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>209,904 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.82%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.04%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>209,843 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.58%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.42%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>223,144 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.84%;;font-family:Times New Roman,Times,serif;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,948 </td> </tr> <tr> <td valign="top" style="width:37.60%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

28400000

37600000

5700000

4153471000

4349747000

470589000

469824000

4000000

9000000

2394000

477000

39800000

1500000

3400000

19900000

1600000

2200000

1540000

12857000

234272000

-6302000

109559000

192964000

163877000

177980000

1900000

7900000

1332000

131000

1201000

168385000

216612000

254713000

-51406000

254713000

267044000

39075000

264262000

-58691000

264262000

279431000

1416000

42106000

18900000

<div> <div>   1.         BASIS OF PRESENTATION   Reference is made to the Notes to Consolidated Financial Statements, in Monster Beverage Corporation and Subsidiaries (the “Company”) Annual Report on Form 10-K for the year ended December 31, 2016 (“Form 10-K”) for a summary of significant accounting policies utilized by the Company and its consolidated subsidiaries and other disclosures, which should be read in conjunction with this Quarterly Report on Form 10-Q (“Form 10-Q”).   The Company’s condensed consolidated financial statements included in this Form 10-Q have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and Securities and Exchange Commission (“SEC”) rules and regulations applicable to interim financial reporting.  They do not include all the information and footnote disclosures normally included in annual financial statements prepared in accordance with GAAP.  The information set forth in these interim condensed consolidated financial statements for the three-months ended March 31, 2017 and 2016, respectively, is unaudited and reflects all adjustments, which include only normal recurring adjustments and which in the opinion of management are necessary to make the interim condensed consolidated financial statements not misleading.  Results of operations for periods covered by this report may not necessarily be indicative of results of operations for the full year.   The preparation of financial statements in conformity with GAAP necessarily requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.  Actual results could differ from these estimates.   <div /></div> </div>

21630000

19555000

131000

6435000

1201000

1332000

131000

1201000

6435000

1332000

131000

7000000

8800000

7200000

8200000

-142000

52000

2016000

64000

100000

58314000

152050000

2342000

848000

8205000

19093000

32562000

46703000

66550000

41143000

4078000

13621000

396346000

71553000

381000

452000

16000000

12300000

283252000

11701000

69547000

114230000

3635000

46596000

2687000

3274000

31582000

306061000

11917000

81837000

120459000

3710000

47373000

3115000

2917000

34733000

173343000

189631000

173343000

189631000

125000000

62500000

100000

200000

6700000

5900000

522000

700000

2107548000

2285528000

680186000

149100000

680186000

621734000

58452000

742146000

190900000

742146000

668571000

5539000

68036000

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="top" style="width:42.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> March 31, 2017 </td> <td valign="bottom" style="width:02.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Cash </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>288,457 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>288,457 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Money market funds </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>211,237 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>211,237 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Certificates of deposit </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,189 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,189 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>54,443 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>54,443 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Variable rate demand notes </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,730 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,730 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>159,054 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>159,054 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,070 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,070 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Foreign currency derivatives </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>850 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>850 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>499,694 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>287,336 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>787,030 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Amounts included in: </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Cash and cash equivalents </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>499,694 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>76,643 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>576,337 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Short-term investments </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>209,366 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>209,366 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Accounts receivable, net </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>924 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>924 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Investments </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>477 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>477 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Accrued liabilities </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(74 </td> <td valign="bottom" style="width:02.00%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(74 </td> <td valign="bottom" style="width:01.00%;"> ) </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>499,694 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>287,336 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>787,030 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2016 </td> <td valign="bottom" style="width:02.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Cash </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>278,972 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>278,972 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Money market funds </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>76,112 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>76,112 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>47,855 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>47,855 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Variable rate demand notes </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,923 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,923 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>157,617 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>157,617 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,051 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,051 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Foreign currency derivatives </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(528 </td> <td valign="bottom" style="width:02.00%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(528 </td> <td valign="bottom" style="width:01.00%;"> ) </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>355,084 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>244,918 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>600,002 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Amounts included in: </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Cash and cash equivalents </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>355,084 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,498 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>377,582 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Short-term investments </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>220,554 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>220,554 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Accounts receivable, net </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>236 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>236 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Investments </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,394 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,394 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Accrued liabilities </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(764 </td> <td valign="bottom" style="width:02.00%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(764 </td> <td valign="bottom" style="width:01.00%;"> ) </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>355,084 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>244,918 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>600,002 </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:42.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

<div> <div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 73.00%;margin-left:0pt;"> <tr> <td valign="top" style="width:59.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:37.50%;padding:0pt;"> Three-Months Ended </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:37.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> March 31, </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2017 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2016 </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;"> Net sales: </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.36%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.74%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;"> Monster Energy® Drinks(1) </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.86%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.52%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>668,571 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.30%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>621,734 </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.36%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>68,036 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.74%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>58,452 </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;"> Other </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.36%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,539 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.74%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.36%;padding:0pt;"> - </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.74%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.86%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.52%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>742,146 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.30%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>680,186 </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 73.00%;margin-left:0pt;"> <tr> <td valign="top" style="width:59.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:37.50%;padding:0pt;"> Three-Months Ended </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:37.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> March 31, </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2017 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2016 </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;"> Operating Income: </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.38%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;"> Monster Energy® Drinks(1) (2) </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.86%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.52%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>279,431 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.28%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>267,044 </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.38%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>42,106 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>39,075 </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;"> Other </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.38%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,416 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.38%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(58,691) </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(51,406) </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.86%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.52%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>264,262 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.28%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>254,713 </td> </tr> <tr> <td valign="top" style="width:59.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 73.00%;margin-left:0pt;"> <tr> <td valign="top" style="width:57.38%;padding:0pt;">   </td> <td valign="bottom" style="width:03.64%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:38.98%;padding:0pt;"> Three-Months Ended </td> </tr> <tr> <td valign="top" style="width:57.38%;padding:0pt;">   </td> <td valign="bottom" style="width:03.64%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:38.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> March 31, </td> </tr> <tr> <td valign="top" style="width:57.38%;padding:0pt;">   </td> <td valign="bottom" style="width:03.64%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2017 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2016 </td> </tr> <tr> <td valign="top" style="width:57.38%;padding:0pt;"> Income before tax: </td> <td valign="bottom" style="width:03.64%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.86%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.38%;padding:0pt;"> Monster Energy® Drinks(1) (2) </td> <td valign="bottom" style="width:03.64%;padding:0pt;">   </td> <td valign="bottom" style="width:05.34%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.52%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>279,335 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.28%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>267,094 </td> </tr> <tr> <td valign="top" style="width:57.38%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:03.64%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.86%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>42,094 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>39,060 </td> </tr> <tr> <td valign="top" style="width:57.38%;padding:0pt;"> Other </td> <td valign="bottom" style="width:03.64%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.86%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,416 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:57.38%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:03.64%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.86%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(57,925) </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(50,833) </td> </tr> <tr> <td valign="top" style="width:57.38%;padding:0pt;">   </td> <td valign="bottom" style="width:03.64%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.38%;padding:0pt;">   </td> <td valign="bottom" style="width:03.64%;padding:0pt;">   </td> <td valign="bottom" style="width:05.34%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.52%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>264,920 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.28%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>255,321 </td> </tr> <tr> <td valign="top" style="width:57.38%;padding:0pt;">   </td> <td valign="bottom" style="width:03.64%;padding:0pt;">   </td> <td valign="bottom" style="width:05.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"></td><td valign="top" align="left" style="width: 16.00pt; display: inline;"> (1) </td><td style="width:2pt;"></td><td align="left" valign="top"> Includes $10.0 million and $8.2 million for the three-months ended March 31, 2017 and 2016, respectively, related to the recognition of deferred revenue.</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"></td><td valign="top" align="left" style="width: 16.00pt; display: inline;"> (2) </td><td style="width:2pt;"></td><td align="left" valign="top"> Includes $19.9 million and $3.4 million for the three-months ended March 31, 2017 and 2016, respectively, related to distributor termination costs.</td></tr></table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 73.00%;margin-left:0pt;"> <tr> <td valign="top" style="width:57.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:39.10%;padding:0pt;"> Three-Months Ended </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:39.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> March 31, </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2017 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2016 </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;"> Depreciation and amortization: </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.02%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.68%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;"> Monster Energy® Drinks </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.58%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,541 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.36%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.30%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,779 </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,796 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.68%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,770 </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;"> Other </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,153 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.68%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,693 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.68%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,475 </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.58%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,183 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.36%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.30%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,024 </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 73.00%;margin-left:0pt;"> <tr> <td valign="top" style="width:57.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> March 31, 2017 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2016 </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;"> Goodwill and other intangible assets: </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.70%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;"> Monster Energy® Drinks </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:05.02%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,337,398 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.82%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.88%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,334,494 </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,000,175 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.70%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,001,749 </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;"> Other </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,956 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.70%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,035 </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.70%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:05.02%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,364,529 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.64%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.06%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:7.2pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,364,278 </td> </tr> <tr> <td valign="top" style="width:57.50%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:05.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:04.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

10062000

13142000

252000

43.99

46.27

556000

594000

39.95

42.76

212000

39.77

0.000

P5Y8M12D

P6Y1M6D

0.362

0.366

0.015

0.021

423110000

13205000

14.13

P3Y10M24D

10500000

32400000

107000

40.16

1319000

15.88

18.00

474739000

480827000

22643000

22862000

23.55

25.19

P5Y9M18D

P5Y10M24D

475332000

21438000

500000

24.04

P5Y8M12D

13.72

45.94

220554000

209366000

3329709000

3530226000

993000

500000000

56635000

56636000

2808951000

2809015000

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:27.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> March 31, 2017 </td> <td valign="top" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Amortized Cost </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gross Unrealized Holding Gains </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gross Unrealized Holding Losses </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fair Value </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Continuous Unrealized Loss Position less than 12 Months </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Continuous Unrealized Loss Position greater than 12 Months </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Available-for-sale </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Short-term: </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Commercial paper </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.66%;padding:0pt;">   $ </td> <td valign="top" style="width:07.34%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>50,623 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.16%;padding:0pt;">   $ </td> <td valign="top" style="width:06.86%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.48%;padding:0pt;">   $ </td> <td valign="top" style="width:06.52%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.56%;padding:0pt;">   $ </td> <td valign="top" style="width:07.44%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>50,623 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.06%;padding:0pt;">   $ </td> <td valign="top" style="width:06.94%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.74%;padding:0pt;">   $ </td> <td valign="top" style="width:07.24%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Certificates of deposit </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,164 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,164 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>119,833 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>119,779 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>54 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> U.S. government agency securities </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,076 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,070 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Variable rate demand notes </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,730 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,730 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Long-term: </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>478 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>477 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Total </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.66%;padding:0pt;">   $ </td> <td valign="top" style="width:07.34%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>209,904 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.16%;padding:0pt;">   $ </td> <td valign="top" style="width:06.86%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.48%;padding:0pt;">   $ </td> <td valign="top" style="width:06.52%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>63 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.56%;padding:0pt;">   $ </td> <td valign="top" style="width:07.44%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>209,843 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.06%;padding:0pt;">   $ </td> <td valign="top" style="width:06.94%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>61 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.74%;padding:0pt;">   $ </td> <td valign="top" style="width:07.24%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:07.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:06.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:06.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:07.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:06.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:27.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2016 </td> <td valign="top" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Amortized Cost </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gross Unrealized Holding Gains </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gross Unrealized Holding Losses </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fair Value </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Continuous Unrealized Loss Position less than 12 Months </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1.5pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Continuous Unrealized Loss Position greater than 12 Months </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Available-for-sale </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Short-term: </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Commercial paper </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.66%;padding:0pt;">   $ </td> <td valign="top" style="width:07.34%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,382 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.16%;padding:0pt;">   $ </td> <td valign="top" style="width:06.86%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.48%;padding:0pt;">   $ </td> <td valign="top" style="width:06.52%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.56%;padding:0pt;">   $ </td> <td valign="top" style="width:07.44%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,382 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.06%;padding:0pt;">   $ </td> <td valign="top" style="width:06.94%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.74%;padding:0pt;">   $ </td> <td valign="top" style="width:07.24%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>140,379 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>181 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>140,198 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>181 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> U.S. government agency securities </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,057 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,051 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Variable rate demand notes </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,923 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,923 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Long-term: </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,403 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,394 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="top" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Total </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.66%;padding:0pt;">   $ </td> <td valign="top" style="width:07.34%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>223,144 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.16%;padding:0pt;">   $ </td> <td valign="top" style="width:06.86%;padding:0pt;"> - </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.48%;padding:0pt;">   $ </td> <td valign="top" style="width:06.52%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>196 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.56%;padding:0pt;">   $ </td> <td valign="top" style="width:07.44%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,948 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.06%;padding:0pt;">   $ </td> <td valign="top" style="width:06.94%;;font-family:Times New Roman,Times,serif;font-size:8pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>196 </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.74%;padding:0pt;">   $ </td> <td valign="top" style="width:07.24%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:07.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:06.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:06.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:07.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:03.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:06.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:02.00%;padding:0pt;">   </td> <td valign="top" style="width:02.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="top" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

9000

6540000

9000

1100000

6540000

27056000

33296000

620724000

582032000

608838000

571578000