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June 30, 2016 and 2015, respectively. The Company incurred termination costs of $28.7 million and $218.2 million for the six-months ended June 30, 2016 and 2015, respectively. Such termination costs have been expensed in full and are included in operating expenses for the three- and six-months ended June 30, 2016 and 2015.   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 $12.1 million and $3.2 million for the three-months ended June 30, 2016 and 2015, respectively. Revenue recognized was $20.2 million and $46.5 million for the six-months ended June 30, 2016 and 2015, respectively.  Included in the $12.1 million and $20.2 million of revenue recognized for the three- and six-months ended June 30, 2016 was $5.0 million related to the accelerated amortization of the deferred revenue balances associated with certain of the Company’s prior distributors who were sent notices of termination during the second quarter of 2016. There was no acceleration of deferred revenue in the three-months ended June 30, 2015. Included in the $46.5 million of revenue recognized for the six-months ended June 30, 2015 was $39.8 million related to the accelerated amortization of the deferred revenue balances associated with certain of the Company’s prior distributors who were sent notices of termination during the first quarter of 2015. </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div> P20Y 218200000 12200000 28700000 25300000 15134000 11536000 106900000 19300000 P3Y2M12D P2Y 0 0 375000000 312500000 250000000 187500000 125000000 62500000 1707701000 699346000 1008355000 2365794000 1330493000 30306000 1004995000 759958000 44319000 296000 7000 759725000 44317000 63000 5000 296000 7000 64767000 13822000 18038000 27238000 -191000 1716000 218000 -1015000 386000 -222000 759958000 11071000 4277000 3978000 709207000 23369000 8056000 44319000 44319000 <div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;">     3.RECENT ACCOUNTING PRONOUNCEMENTS   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 March 2016, the FASB issued ASU No. 2016-09, “Compensation - Stock Compensation: Improvements to Employee Share-Based Payment Accounting”, which changes how companies account for certain aspects of share-based payments to employees. The new guidance identifies areas for simplification involving several aspects of accounting for share-based payment transactions, including income tax consequences, classification of awards as either equity or liabilities, an option to recognize gross stock compensation expense with actual forfeitures recognized as they occur, and certain classifications on the statement of cash flows. The update is effective for annual reporting periods beginning after December 15, 2016, including interim periods within those annual reporting periods with early application permitted. The Company early adopted the standards update effective January 1, 2016, electing (i) retrospective adjustment in the statement of cash flows and (ii) continued recognition of stock compensation based on estimated forfeitures.  For the six-months ended June 30, 2015, each of net cash provided by operating activities and net cash used in financing activities increased by $300.3 million, respectively, as a result of such retrospective adjustment. For the three-and six-months ended June 30, 2016, the Company recorded $2.0 million and $3.6 million of excess tax benefits in net income that previously would have been recorded in additional paid-in-capital. The adoption of ASU No. 2016-09 did not have a material impact on the Company’s financial position, results of operations or 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 November 2015, the FASB issued ASU No. 2015-17, “Income Taxes (Topic 740), Balance Sheet Classification of Deferred Taxes”. The amendments under the new guidance require that deferred tax liabilities and assets be classified as noncurrent in the classified balance sheets. The guidance is effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The Company adopted the standards update effective December 31, 2015, electing to apply it retrospectively to all periods presented.   In July 2015, the FASB issued ASU No. 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory”.  ASU No. 2015-11 requires entities to measure inventory at the lower of cost or net realizable value. Net realizable value is defined as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. ASU No. 2015-11 is effective for annual periods, and interim periods within those years, beginning after December 15, 2016. Early adoption is permitted. The adoption of ASU No. 2015-11 is not expected to have a material impact on the Company’s financial position, results of operations or liquidity.   In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers”, 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 currently evaluating the impact of ASU No. 2014-09 on its financial position, results of operations and liquidity. </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div> 2 1585 2 0.40 0.50 0.60 0.70 0.80 0.90 0.95 0.89 P1Y 179658000 39000000 12600000 2 <div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;">   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 80.00%;margin-left:54pt;"> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> Percentage Transitioned </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Escrow Release </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 40% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Amounts in excess of $375 million </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 50% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Amounts in excess of $312.5 million </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 60% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Amounts in excess of $250 million </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 70% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Amounts in excess of $187.5 million </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 80% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Amounts in excess of $125 million </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 90% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Amounts in excess of $62.5 million </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 95% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> All remaining amounts </td> </tr> </table></div>   </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div> <div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;"> <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="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;"> June 30, 2016 </td> <td valign="bottom" style="width:04.00%;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;"> December 31, 2015 </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>71,213 </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>35,263 </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="bottom" 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>(8,612) </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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>(3,899) </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="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:04.00%;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: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="bottom" 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>62,601 </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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>31,364 </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="bottom" 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>1,019,550 </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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>396,622 </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="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:04.00%;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: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>1,082,151 </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>427,986 </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 style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div> <div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;">   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 80.00%;margin-left:18pt;"> <tr> <td valign="top" style="width:62.52%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Three-Months Ended June 30, 2015 </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Six-Months Ended June 30, 2015 </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Net sales: </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Amortization of deferred revenue </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.16%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.84%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,089 </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.26%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,897 </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Net income: </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Amortization of deferred revenue </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.16%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.84%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,089 </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.26%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,897 </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> To record sales commissions </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,431) </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(15,470) </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> To record amortization of definite lived KO Energy intangibles </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,400) </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,126) </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> To eliminate TCCC Transaction expenses </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,536 </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,134 </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Estimated provision for income taxes on pro forma adjustments </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,616) </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,322) </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Estimated provision for income taxes on KO Energy income </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(15,837) </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(38,721) </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;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:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;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:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Total </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.16%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.84%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(11,659) </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.26%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(36,608) </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.16%;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="bottom" style="width:10.84%;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:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;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="bottom" style="width:11.26%;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:01.24%;padding:0pt;">   </td> </tr> </table></div>   </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div> 1000 57.45 125000000

144763000

183084000

58579000

63337000

371000

184000

172201000

197764000

352955000

465708000

106662000

5651000

81786000

90400000

588000

906000

92520000

98066000

-21878000

-14477000

3991857000

4021613000

300300000

115600000

14800000

8500000

21600000

21500000

11500000

300000

3126000

300000

1400000

4600000

2900000

800000

1100000

1600000

2000000

1000000

75425

5675189000

4038056000

3582602000

1292825000

2935158000

919728000

2015430000

85007000

430605000

664005000

731744000

508256000

260035000

664005000

85007000

430605000

731744000

508256000

260035000

478366000

434257000

44109000

163023000

44831000

163023000

44831000

11800000

34040534

0.10

688485000

618000000

641000

30100000

200000

500000

27600000

1175000

688485000

900000

1900000

255723000

271234000

370323000

1696295000

2175417000

919728000

1255689000

434769000

434257000

512000

1325972000

-1740648000

0.005

240000000

207019000

207298000

202900000

190341000

1035000

1036000

225797000

231364000

355498000

185185000

0.40

0.45

0.44

0.42

136700000

557048000

299214000

566762000

309674000

32271000

33053000

351590000

348289000

46500000

3200000

20200000

12100000

261310000

261319000

13249000

10148000

231000

345000

2525000

6780000

5093000

92000

345000

1250000

19329000

11573000

1136000

3548000

3072000

10306000

5795000

1135000

1778000

1598000

2478000

1351000

18146000

2173000

17411000

28473000

6734000

16141000

49000

1000

168000

9000

144000

57000

17000

110000

217000

15000

429000

30000

82000

12000

2000

15000

3000

722000

204000

91000

40000

188000

36000

347000

-1919000

-63000

458000

141000

2804000

39578000

3837000

14040000

3519000

2495000

8122000

1978000

17578000

3121000

1672000

6739000

2314000

13385000

P1M

-5330000

4358000

22159000

16265000

41700000

22700000

8100000

4100000

300300000

115600000

3600000

2000000

529900000

311000000

659200000

344000000

3600000

2000000

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;"> <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:40.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, 2016 </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 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> <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:02.50%;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 2 </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 3 </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;"> Total </td> <td valign="bottom" style="width:01.50%;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:40.00%;padding:0pt;"> Cash </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>271,234 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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:02.50%;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>271,234 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Money market funds </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>163,023 </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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>163,023 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Certificates of deposit </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> U.S. Treasuries </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>44,831 </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:02.50%;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>44,831 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Foreign currency derivatives </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(722 </td> <td valign="bottom" style="width:02.50%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(722 </td> <td valign="bottom" style="width:01.50%;"> ) </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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;">   </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;">   </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;">   </td> <td valign="bottom" style="width:01.50%;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:40.00%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>434,257 </td> <td valign="bottom" style="width:02.50%;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>44,109 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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>478,366 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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:02.50%;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:02.50%;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:01.50%;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:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Amounts included in: </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Cash and cash equivalents </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>434,257 </td> <td valign="bottom" style="width:02.50%;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>512 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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>434,769 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Short-term investments </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>44,319 </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:02.50%;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>44,319 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Accounts receivable, net </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>184 </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:02.50%;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>184 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Investments </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Accrued liabilities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(906 </td> <td valign="bottom" style="width:02.50%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(906 </td> <td valign="bottom" style="width:01.50%;"> ) </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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;">   </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;">   </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;">   </td> <td valign="bottom" style="width:01.50%;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:40.00%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>434,257 </td> <td valign="bottom" style="width:02.50%;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>44,109 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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>478,366 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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:02.50%;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:02.50%;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:01.50%;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:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> December 31, 2015 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;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 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> <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:02.50%;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;">   </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;">   </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;">   </td> <td valign="bottom" style="width:01.50%;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:40.00%;padding:0pt;"> Cash </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>255,723 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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:02.50%;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>255,723 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Money market funds </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>664,005 </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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>664,005 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Certificates of deposit </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>85,007 </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:02.50%;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>85,007 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>430,605 </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:02.50%;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>430,605 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> U.S. Treasuries </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>260,035 </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:02.50%;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>260,035 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>731,744 </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:02.50%;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>731,744 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>508,256 </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:02.50%;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>508,256 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Foreign currency derivatives </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(217 </td> <td valign="bottom" style="width:02.50%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(217 </td> <td valign="bottom" style="width:01.50%;"> ) </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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;">   </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;">   </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;">   </td> <td valign="bottom" style="width:01.50%;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:40.00%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>919,728 </td> <td valign="bottom" style="width:02.50%;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>2,015,430 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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>2,935,158 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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:02.50%;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:02.50%;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:01.50%;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:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Amounts included in: </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Cash and cash equivalents </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>919,728 </td> <td valign="bottom" style="width:02.50%;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>1,255,689 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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>2,175,417 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Short-term investments </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>744,610 </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:02.50%;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>744,610 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Accounts receivable, net </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>371 </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:02.50%;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>371 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Investments </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>15,348 </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:02.50%;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>15,348 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Accrued liabilities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(588 </td> <td valign="bottom" style="width:02.50%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(588 </td> <td valign="bottom" style="width:01.50%;"> ) </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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;">   </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;">   </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;">   </td> <td valign="bottom" style="width:01.50%;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:40.00%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>919,728 </td> <td valign="bottom" style="width:02.50%;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>2,015,430 </td> <td valign="bottom" style="width:02.50%;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:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.86%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,935,158 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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:02.50%;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:02.50%;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:10.86%;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:01.50%;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 style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;">   5.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 Company’s held-to-maturity investments at amortized cost and 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:40.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, 2016 </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 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> <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:02.50%;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 2 </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 3 </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;"> Total </td> <td valign="bottom" style="width:01.50%;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:40.00%;padding:0pt;"> Cash </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>271,234 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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:02.50%;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>271,234 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Money market funds </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>163,023 </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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>163,023 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Certificates of deposit </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> U.S. Treasuries </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>44,831 </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:02.50%;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>44,831 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Foreign currency derivatives </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(722 </td> <td valign="bottom" style="width:02.50%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(722 </td> <td valign="bottom" style="width:01.50%;"> ) </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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;">   </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;">   </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;">   </td> <td valign="bottom" style="width:01.50%;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:40.00%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>434,257 </td> <td valign="bottom" style="width:02.50%;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>44,109 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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>478,366 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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:02.50%;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:02.50%;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:01.50%;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:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Amounts included in: </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Cash and cash equivalents </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>434,257 </td> <td valign="bottom" style="width:02.50%;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>512 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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>434,769 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Short-term investments </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>44,319 </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:02.50%;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>44,319 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Accounts receivable, net </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>184 </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:02.50%;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>184 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Investments </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Accrued liabilities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(906 </td> <td valign="bottom" style="width:02.50%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(906 </td> <td valign="bottom" style="width:01.50%;"> ) </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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;">   </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;">   </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;">   </td> <td valign="bottom" style="width:01.50%;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:40.00%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>434,257 </td> <td valign="bottom" style="width:02.50%;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>44,109 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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>478,366 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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:02.50%;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:02.50%;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:01.50%;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:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> December 31, 2015 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;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 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> <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:02.50%;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;">   </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;">   </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;">   </td> <td valign="bottom" style="width:01.50%;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:40.00%;padding:0pt;"> Cash </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>255,723 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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:02.50%;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>255,723 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Money market funds </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>664,005 </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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>664,005 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Certificates of deposit </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>85,007 </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:02.50%;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>85,007 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>430,605 </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:02.50%;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>430,605 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> U.S. Treasuries </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>260,035 </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:02.50%;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>260,035 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>731,744 </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:02.50%;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>731,744 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>508,256 </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:02.50%;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>508,256 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Foreign currency derivatives </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(217 </td> <td valign="bottom" style="width:02.50%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(217 </td> <td valign="bottom" style="width:01.50%;"> ) </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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;">   </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;">   </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;">   </td> <td valign="bottom" style="width:01.50%;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:40.00%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>919,728 </td> <td valign="bottom" style="width:02.50%;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>2,015,430 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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>2,935,158 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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:02.50%;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:02.50%;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:01.50%;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:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Amounts included in: </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:02.50%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Cash and cash equivalents </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>919,728 </td> <td valign="bottom" style="width:02.50%;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>1,255,689 </td> <td valign="bottom" style="width:02.50%;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:02.50%;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>2,175,417 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Short-term investments </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>744,610 </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:02.50%;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>744,610 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Accounts receivable, net </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>371 </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:02.50%;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>371 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Investments </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>15,348 </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:02.50%;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>15,348 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;"> Accrued liabilities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(588 </td> <td valign="bottom" style="width:02.50%;"> ) </td> <td colspan="2" valign="bottom" style="width:12.00%;padding:0pt;"> - </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>(588 </td> <td valign="bottom" style="width:01.50%;"> ) </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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;">   </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;">   </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;">   </td> <td valign="bottom" style="width:01.50%;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:40.00%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;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>919,728 </td> <td valign="bottom" style="width:02.50%;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>2,015,430 </td> <td valign="bottom" style="width:02.50%;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:02.50%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.86%;;font-family:Times New Roman,Times,serif;font-size:11pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,935,158 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:40.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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> <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:02.50%;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:02.50%;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:02.50%;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:10.86%;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:01.50%;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 at June 30, 2016 and commercial paper, U.S. Treasuries, certificates of deposit, municipal securities and U.S. government agency securities at December 31, 2015, 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 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 six-months ended June 30, 2016 or the year ended December 31, 2015, and there were no changes in the Company’s valuation techniques. </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

3899000

8612000

35263000

71213000

31364000

62601000

P7Y

P5Y

P7Y

P5Y

161470000

161500000

108000

120000

1279715000

641716000

637999000

3928000

1283643000

645644000

637999000

3928000

763464000

394508000

940912000

517814000

63000

5000

8000

192000

25000

58000

13000

7000

3978000

11071000

709207000

4277000

23369000

8056000

44319000

8000

192000

25000

58000

13000

7000

3978000

11063000

709078000

4252000

23311000

8043000

44317000

373985000

-108194000

373985000

307435000

165660000

9084000

365124000

-59361000

365124000

251740000

163661000

9084000

543623000

-110199000

543623000

566412000

342000

87068000

288301000

-59367000

288301000

298974000

686000

48008000

1.35

1.29

1.72

0.92

1.31

1.26

1.69

0.90

76285000

315177000

140568000

136120000

195526000

104082000

38.5

72124000

35005000

95235000

103303000

-7533000

-100728000

12482000

6780000

-40792000

-2753000

-3493000

-6077000

28919000

-11613000

3322000

2515000

84147000

18694000

4551000

4432000

3986000

3989000

396622000

1019550000

427986000

1082151000

12000

34000

104078000

104590000

156121000

174401000

52043000

69811000

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;"> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 95.00%;margin-left:23.85pt;"> <tr> <td valign="top" style="width:38.30%;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:27.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, 2016 </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:28.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2015 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;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:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;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:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;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:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;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:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Less than 1 year: </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;">   </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;">   </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;padding:0pt;">   </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td valign="bottom" style="width:04.86%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.28%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td valign="bottom" style="width:05.86%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.80%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,978 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.72%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,978 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,319 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,317 </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>709,207 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>709,078 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,369 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,311 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> U.S. Treasuries </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,056 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,043 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Due 1 -10 years: </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;">   </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;">   </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;padding:0pt;">   </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,071 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,063 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,277 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,252 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Due 11 - 20 years: </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;">   </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;">   </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;padding:0pt;">   </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;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:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;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:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;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:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;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:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,319 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td valign="bottom" style="width:04.86%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.28%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,317 </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td valign="bottom" style="width:05.86%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.80%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>759,958 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.72%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>759,725 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.00%;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:09.08%;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:02.10%;padding:0pt;">   </td> <td valign="bottom" style="width:04.86%;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:07.28%;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:02.44%;padding:0pt;">   </td> <td valign="bottom" style="width:05.86%;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:07.80%;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:02.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;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:09.72%;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:00.98%;padding:0pt;">   </td> </tr> </table></div>   </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

759725000

11063000

4252000

3978000

709078000

23311000

8043000

44317000

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;">   4.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;"> June 30, 2016 </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: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;"> Held-to-Maturity </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Short-term: </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.92%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.26%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.52%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.14%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.86%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.26%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.32%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.66%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,319 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,317 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> U.S. Treasuries </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Long-term: </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.92%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,319 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.26%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.52%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.14%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.86%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,317 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.26%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.32%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.66%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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:07.92%;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%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;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:06.26%;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:03.48%;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="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.14%;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: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="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" 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="bottom" style="width:07.26%;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:03.32%;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:06.66%;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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:27.00%;padding:0pt;"> December 31, 2015 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;"> Amortized Cost </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> Gross Unrealized Holding Gains </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> Gross Unrealized Holding Losses </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> Fair Value </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> Continuous Unrealized Loss Position less than 12 Months </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> Continuous Unrealized Loss Position greater than 12 Months </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;">   </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: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;">   </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;">   </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;">   </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;">   </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;">   </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;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Held-to-Maturity </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Short-term: </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.92%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,978 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.26%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.52%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.14%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.86%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,978 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.26%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.32%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.66%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>709,207 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>63 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>192 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>709,078 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>192 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,369 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>58 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,311 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>58 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> U.S. Treasuries </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,056 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,043 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Long-term: </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,071 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,063 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,277 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,252 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.92%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>759,958 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.26%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>63 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.52%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>296 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.14%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.86%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>759,725 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.26%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>296 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.32%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.66%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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:07.92%;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%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;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:06.26%;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:03.48%;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="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.14%;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: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="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" 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="bottom" style="width:07.26%;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:03.32%;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:06.66%;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- and six-months ended June 30, 2016 and 2015, realized gains or losses recognized on the sale of investments were not significant.   The Company’s investments at June 30, 2016 and December 31, 2015 in commercial paper, U.S. Treasuries, municipal securities and U.S. government agency securities carried investment grade credit ratings.   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: 95.00%;margin-left:23.85pt;"> <tr> <td valign="top" style="width:38.30%;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:27.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, 2016 </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:28.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2015 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;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:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;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:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;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:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;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:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Less than 1 year: </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;">   </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;">   </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;padding:0pt;">   </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td valign="bottom" style="width:04.86%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.28%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td valign="bottom" style="width:05.86%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.80%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,978 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.72%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,978 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,319 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,317 </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>709,207 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>709,078 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,369 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,311 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> U.S. Treasuries </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,056 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,043 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Due 1 -10 years: </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;">   </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;">   </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;padding:0pt;">   </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,071 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,063 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> U.S. government agency securities </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,277 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,252 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Due 11 - 20 years: </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;">   </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;">   </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;padding:0pt;">   </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;padding:0pt;"> - </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;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:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.14%;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:02.44%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.66%;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:02.10%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.08%;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:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.00%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,319 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td valign="bottom" style="width:04.86%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.28%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,317 </td> <td valign="bottom" style="width:02.44%;padding:0pt;">   </td> <td valign="bottom" style="width:05.86%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.80%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>759,958 </td> <td valign="bottom" style="width:02.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.72%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>759,725 </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:38.30%;padding:0pt;">   </td> <td valign="bottom" style="width:02.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.00%;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:09.08%;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:02.10%;padding:0pt;">   </td> <td valign="bottom" style="width:04.86%;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:07.28%;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:02.44%;padding:0pt;">   </td> <td valign="bottom" style="width:05.86%;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:07.80%;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:02.10%;padding:0pt;">   </td> <td valign="bottom" style="width:03.36%;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:09.72%;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:00.98%;padding:0pt;">   </td> </tr> </table></div>   </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

56900000

28300000

59500000

31100000

5675189000

4038056000

514189000

497356000

15348000

29000000

300000

218200000

12200000

28700000

25300000

3400000

1100000

3800000

2200000

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;">   2.ACQUISITIONS AND DIVESTITURES   American Fruits & Flavors   On April 1, 2016, the Company completed its acquisition of flavor supplier and long-time business partner American Fruits & Flavors (“AFF”), in an asset acquisition that brought the Company’s primary flavor supplier in-house, secured the intellectual property of the Company’s most important flavors in perpetuity and further enhanced its flavor development and global flavor footprint capabilities (the “AFF Transaction”). Pursuant to the terms of the AFF Transaction, the Company purchased AFF for $688.5 million in cash.   The Company accounted for the AFF Transaction in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 805 “Business Combinations”.   The following table summarizes the AFF Transaction consideration preliminary fair value allocations:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 93.00%;margin-left:36pt;"> <tr> <td valign="bottom" style="width:63.58%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Identifiable Assets Acquired and Liabilities Assumed </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Consideration Transferred </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;"> Intangibles - flavor formulas (non-amortizing)¹ </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.38%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.62%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>618,000 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.56%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;"> Intangibles - flavor formulas (amortizing) </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>641 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;"> Intangibles - customer relationships (amortizing) </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,100 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;"> Intangibles - trademarks (amortizing) </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>500 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;"> Intangibles - other (amortizing) </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>200 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;"> Working capital (excluding inventory) </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,861 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;"> Inventory </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>27,600 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;"> Property and equipment, net </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,175 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;"> Favorable leases </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,480 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;"> Goodwill </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,928 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;"> Cash </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>688,485 </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;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:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;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:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.38%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.62%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>688,485 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:04.44%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.56%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>688,485 </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:63.58%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.38%;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:11.62%;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:02.68%;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:10.56%;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:01.06%;padding:0pt;">   </td> </tr> </table></div>   1Represents proprietary formulas for the Company’s principal products.   The fair value analysis has yet to progress to a stage where there is sufficient information for a definitive measurement of the respective fair values. Accordingly, the respective fair value allocations are preliminary and are based on valuations derived from estimated fair value assumptions used by management. The Company expects to complete its fair value analysis at a level of detail necessary to finalize the underlying fair value allocation as soon as practicable, but no later than twelve months from the closing of the AFF Transaction.   The Company determined the estimated fair values as follows:   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 18.00pt; display: inline;"> · </td><td style="width:0pt;"></td><td align="left" valign="top"> Flavor formulas (non-amortizing) – multi-period excess earnings method</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 18.00pt; display: inline;"> · </td><td style="width:0pt;"></td><td align="left" valign="top"> Flavor formulas (amortizing) – replacement cost method</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 18.00pt; display: inline;"> · </td><td style="width:0pt;"></td><td align="left" valign="top"> Customer relationships – multi-period excess earnings method</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 18.00pt; display: inline;"> · </td><td style="width:0pt;"></td><td align="left" valign="top"> Trademarks – relief-from-royalty method</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 18.00pt; display: inline;"> · </td><td style="width:0pt;"></td><td align="left" valign="top"> Inventory – comparative sales method and replacement cost method</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 18.00pt; display: inline;"> · </td><td style="width:0pt;"></td><td align="left" valign="top"> Property and equipment, net – replacement cost method</td></tr></table></div>   <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"></td><td valign="top" align="left" style="width: 18.00pt; display: inline;"> · </td><td style="width:0pt;"></td><td align="left" valign="top"> Favorable leases – discounted cash flow method</td></tr></table></div>   The preliminary book value of the working capital (excluding inventory) approximates fair value.   The Company has determined goodwill in accordance with ASC 805-30-30-1, “Business Combinations,” which requires the recognition of goodwill for the excess of the aggregate consideration over the net amounts of identifiable assets acquired and liabilities assumed as of the acquisition date.   For tax purposes, the AFF Transaction was recorded as an asset purchase.  As such, the Company received a step-up in tax basis of the AFF assets, net, equal to the purchase price.   In accordance with Regulation S-X, pro forma unaudited condensed financial information for the AFF Transaction has not been provided as the impact of the transaction on the Company’s financial position, results of operations and liquidity was not material.   The Coca-Cola Company   On June 12, 2015, the Company completed the transactions contemplated by the definitive agreements entered into with The Coca-Cola Company (“TCCC”) on August 14, 2014 (the “TCCC Transaction”), which provided for a long-term strategic relationship in the global energy drink category.   In consequence of the TCCC Transaction, (1) the Company issued to TCCC 34,040,534 newly issued Company common shares representing approximately 16.7% of the total number of outstanding Company common shares (after giving effect to such issuance) at such time and TCCC appointed two individuals to the Company’s Board of Directors, (2) TCCC transferred all of its rights in and to TCCC’s worldwide energy drink business (“KO Energy”) to the Company, (3) the Company transferred all of its rights in and to its non-energy drink business (“Monster Non-Energy”) to TCCC, (4) the Company and TCCC amended the distribution coordination agreements previously existing between them to govern the transition of third parties’ rights to distribute the Company’s energy products in most territories in the United States (“U.S.”) to members of TCCC’s distribution network, which consists of owned or controlled bottlers/distributors and independent bottling/distribution partners, and (5) TCCC and one of its subsidiaries made an aggregate net cash payment to the Company of $2.15 billion, $125.0 million of which was held in escrow through June 17, 2016, subject to release upon the achievement of milestones relating to the transition of distribution rights to TCCC’s distribution network.   Under the terms of the escrow agreement and the transition payment agreement entered into in connection therewith, if the distribution rights in the U.S. transitioned to TCCC’s distribution network represented case sales in excess of the following percentages of a target case sale amount agreed to by the parties, amounts in the escrow fund in excess of the applicable amounts below would be released to the Company:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 80.00%;margin-left:54pt;"> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> Percentage Transitioned </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Escrow Release </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 40% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Amounts in excess of $375 million </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 50% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Amounts in excess of $312.5 million </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 60% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Amounts in excess of $250 million </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 70% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Amounts in excess of $187.5 million </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 80% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Amounts in excess of $125 million </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 90% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> Amounts in excess of $62.5 million </td> </tr> <tr> <td valign="top" style="width:36.28%;padding:0pt;"> 95% </td> <td valign="top" style="width:02.50%;padding:0pt;">   </td> <td valign="top" style="width:61.22%;padding:0pt;"> All remaining amounts </td> </tr> </table></div>   As of June 30, 2016, distribution rights in the U.S. representing approximately 89% of the target case sales had been transitioned to TCCC’s distribution network.  As a result, on the one-year anniversary of the closing of the TCCC Transaction, the then-remaining escrow amount of $125 million was released to TCCC. Going forward TCCC will directly pay to the Company the amounts described above that become payable as a result of future target case sale transitions.  The Company expects to transition sufficient additional distribution rights to receive all such amounts.   The following unaudited pro forma condensed combined financial information is presented as if the TCCC Transaction had closed on January 1, 2015:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 86.00%;margin-left:18pt;"> <tr> <td valign="bottom" style="width:20.20%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="14" valign="bottom" style="width:76.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Three-Months Ended June 30, 2015 </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:20.20%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.46%;padding:0pt;">   </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:29.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Pro Forma Adjustments </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.60%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:20.20%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Monster Beverage Corporation as reported¹ </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> KO Energy² </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Disposal of Monster Non- Energy³ </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Other </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Pro Forma Combined </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:20.20%;padding:0pt;"> Net sales </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.50%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.96%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>693,722 </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td valign="bottom" style="width:04.16%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.34%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>57,422 </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td valign="bottom" style="width:02.82%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.66%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(29,516) </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td valign="bottom" style="width:03.42%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,089 </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td valign="bottom" style="width:03.16%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.44%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>724,717 </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:20.20%;padding:0pt;"> Net income </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.46%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>229,004 </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.50%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>41,136 </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.48%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(100,652) </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.50%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(11,659) </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.60%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>157,829 </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:20.20%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.46%;padding:0pt;">   </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.48%;padding:0pt;">   </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.60%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:20.20%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="14" valign="bottom" style="width:76.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Six-Months Ended June 30, 2015 </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:20.20%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.46%;padding:0pt;">   </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.50%;padding:0pt;">   </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:29.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Pro Forma Adjustments </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.60%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:20.20%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Monster Beverage Corporation as reported¹ </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> KO Energy² </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Disposal of Monster Non- Energy³ </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Other </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Pro Forma Combined </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:20.20%;padding:0pt;"> Net sales </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.50%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.96%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,320,512 </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td valign="bottom" style="width:04.16%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.34%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>138,127 </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td valign="bottom" style="width:02.82%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.66%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(60,824) </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td valign="bottom" style="width:03.42%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.08%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,897 </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td valign="bottom" style="width:03.16%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.44%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,404,712 </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:20.20%;padding:0pt;"> Net income </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.46%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>233,417 </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.50%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>100,575 </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.48%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(101,881) </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.50%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(36,608) </td> <td valign="bottom" style="width:02.24%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.60%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>195,503 </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> </tr> </table></div>   1 Includes net sales of $13.0 million and net income of $5.8 million related to the acquired KO Energy assets from June 12, 2015 (the date of acquisition) through June 30, 2015.   2 Includes results through June 12, 2015, the date the TCCC Transaction was finalized. The $41.1 million and $100.6 million of net income for KO Energy for the three- and six-months ended June 30, 2015, respectively, is presented before tax. The associated estimated provision for income taxes is included in the “Other” category.   3 Includes results through June 12, 2015. Net income includes the gain recognized on the sale of Monster Non-Energy of $161.5 million.   Pro-Forma Adjustments – Other include the following:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 80.00%;margin-left:18pt;"> <tr> <td valign="top" style="width:62.52%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Three-Months Ended June 30, 2015 </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Six-Months Ended June 30, 2015 </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Net sales: </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Amortization of deferred revenue </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.16%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.84%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,089 </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.26%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,897 </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Net income: </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Amortization of deferred revenue </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.16%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.84%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,089 </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.26%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,897 </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> To record sales commissions </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,431) </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(15,470) </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> To record amortization of definite lived KO Energy intangibles </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,400) </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,126) </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> To eliminate TCCC Transaction expenses </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,536 </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,134 </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Estimated provision for income taxes on pro forma adjustments </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,616) </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,322) </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Estimated provision for income taxes on KO Energy income </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(15,837) </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(38,721) </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;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:03.12%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:15.00%;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:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;"> Total </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.16%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.84%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(11,659) </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.26%;;font-family:Tms Rmn;font-size:10.5pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(36,608) </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:62.52%;padding:0pt;">   </td> <td valign="bottom" style="width:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:04.16%;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="bottom" style="width:10.84%;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:03.12%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;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="bottom" style="width:11.26%;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:01.24%;padding:0pt;">   </td> </tr> </table></div>   For purposes of the unaudited pro forma financial information, a combined U.S. Federal and state statutory tax rate of 38.5% has been used. This rate does not reflect the Company’s expected effective tax rate, which includes other tax charges and benefits, and does not take into account any historical or possible future tax events that may impact the combined company.   The unaudited pro forma financial information is presented for information purposes only and is not intended to represent or be indicative of the combined results of operations that the Company would have reported had the TCCC Transaction been completed as of the date and for the periods presented, and should not be taken as representative of the Company’s consolidated results of operations following the completion of the TCCC Transaction. In addition, the unaudited pro forma financial information is not intended to project the future financial results of operations of the combined company. The unaudited pro forma combined financial information does not reflect any cost savings, operational synergies or revenue enhancements that the combined company may achieve as a result of the TCCC Transaction, or the costs to combine the operations or costs necessary to achieve cost savings, operating synergies and revenue enhancements. </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

0.167

-300300000

1276373000

-1995186000

-105867000

2625000

300300000

160796000

247555000

233417000

-101881000

-36608000

195503000

100575000

229004000

-100652000

-11659000

41136000

5800000

348097000

157829000

184219000

1800000

10900000

8300000

551167000

189839000

397675000

229291000

373767000

-108149000

373767000

307172000

165660000

9084000

366139000

-58157000

366139000

251551000

163661000

9084000

543237000

-110529000

543237000

566329000

342000

87095000

288523000

-59124000

288523000

298942000

686000

48019000

20300000

10874000

15556000

-7620000

2360000

7401000

966000

-7401000

-7620000

2360000

7401000

966000

14900000

8100000

15200000

8700000

1214000

2377000

412217000

2002254000

2000000

200000

688485000

944193000

152664000

3566000

4881000

15827000

17813000

26967000

28081000

1532000

20547000

198008000

1689120000

8167000

480281000

868304000

100000

161000

541000

725000

36300000

21800000

35500000

19600000

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;">   8.PROPERTY AND EQUIPMENT, NET   Property and equipment consist of the following 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:65.56%;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;"> June 30, 2016 </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;"> December 31, 2015 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Land </td> <td valign="bottom" style="width:02.68%;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>6,792 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,792 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Leasehold improvements </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,756 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,804 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Furniture and fixtures </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,602 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,551 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Office and computer equipment </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,764 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,080 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Computer software </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,768 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,530 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Equipment </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>102,225 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>93,465 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Buildings </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,983 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>39,848 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Vehicles </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,738 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>29,804 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;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:02.68%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;">   </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>200,628 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>189,874 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Less: accumulated depreciation and amortization </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:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(98,066) </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:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(92,520) </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;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:02.68%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;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>102,562 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>97,354 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;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:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;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:10.54%;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:01.08%;padding:0pt;">   </td> </tr> </table></div>   </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

189874000

11080000

39848000

93465000

3551000

6792000

2804000

2530000

29804000

200628000

10764000

40983000

102225000

3602000

6792000

2756000

2768000

30738000

97354000

102562000

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;"> <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:65.56%;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;"> June 30, 2016 </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;"> December 31, 2015 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Land </td> <td valign="bottom" style="width:02.68%;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>6,792 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,792 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Leasehold improvements </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,756 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,804 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Furniture and fixtures </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,602 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,551 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Office and computer equipment </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,764 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,080 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Computer software </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,768 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,530 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Equipment </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>102,225 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>93,465 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Buildings </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,983 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>39,848 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Vehicles </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,738 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>29,804 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;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:02.68%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;">   </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>200,628 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>189,874 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;"> Less: accumulated depreciation and amortization </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:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(98,066) </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:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(92,520) </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;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:02.68%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;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>102,562 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>97,354 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.56%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;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:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;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:10.54%;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:01.08%;padding:0pt;">   </td> </tr> </table></div>   </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

125000000

1200000

300000

200000

1100000

14700000

8000000

530000

1099000

1394863000

1742960000

-15470000

-6431000

1320512000

264300000

1320512000

1246710000

60824000

12978000

-60824000

6897000

1404712000

138127000

693722000

151300000

693722000

651228000

29516000

12978000

-29516000

3089000

724717000

57422000

13000000

1507674000

349300000

1507674000

1365381000

6441000

135852000

827488000

200200000

827488000

743453000

6635000

77400000

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;"> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 73.00%;margin-left:72pt;"> <tr> <td valign="top" style="width:75.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.18%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:20.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Currency Translation Losses </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:75.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.18%;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;padding:0pt;">   </td> <td valign="bottom" style="width:13.42%;padding:0pt;">   </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:75.00%;padding:0pt;"> Balance at December 31, 2015 </td> <td valign="bottom" style="width:03.18%;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;padding:0pt;">   $ </td> <td valign="bottom" style="width:13.42%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21,878 </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:75.00%;padding:0pt;"> Other comprehensive (gain) before reclassifications </td> <td valign="bottom" style="width:03.18%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:20.46%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:75.00%;padding:0pt;"> Amounts reclassified from accumulated other comprehensive loss </td> <td valign="bottom" style="width:03.18%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:20.46%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:75.00%;padding:0pt;"> Net current-period other comprehensive (gain) </td> <td valign="bottom" style="width:03.18%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:20.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(7,401) </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:75.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.18%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:20.46%;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:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:75.00%;padding:0pt;"> Balance at June 30, 2016 </td> <td valign="bottom" style="width:03.18%;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;padding:0pt;">   $ </td> <td valign="bottom" style="width:13.42%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,477 </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:75.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.18%;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;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:13.42%;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:01.36%;padding:0pt;">   </td> </tr> </table></div>   </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;"> <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:32.10%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Monster Energy® Drinks </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Other </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.46%;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:00.96%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:32.10%;padding:0pt;"> Balance at December 31, 2015 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.52%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.40%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>641,716 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.62%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.30%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>637,999 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.38%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.54%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,279,715 </td> <td valign="bottom" style="width:00.96%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:32.10%;padding:0pt;"> Acquisitions </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.92%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,928 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.92%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.92%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,928 </td> <td valign="bottom" style="width:00.96%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:32.10%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.92%;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:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.92%;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:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.92%;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:02.68%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.46%;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:00.96%;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:32.10%;padding:0pt;"> Balance at June 30, 2016 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.52%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.40%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>645,644 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.62%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.30%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>637,999 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.38%;padding:0pt;">   $ </td> <td valign="bottom" style="width:11.54%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,283,643 </td> <td valign="bottom" style="width:00.96%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:32.10%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.52%;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:11.40%;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:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.62%;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:11.30%;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:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.38%;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:11.54%;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:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:02.46%;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:12.00%;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:00.96%;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 style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;"> <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:65.54%;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;"> June 30, 2016 </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;"> December 31, 2015 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.54%;padding:0pt;"> Raw materials </td> <td valign="bottom" style="width:02.68%;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>69,811 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>52,043 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.54%;padding:0pt;"> Finished goods </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>104,590 </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:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>104,078 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.54%;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:02.68%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.54%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;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>174,401 </td> <td valign="bottom" style="width:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.75pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>156,121 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:65.54%;padding:0pt;">   </td> <td valign="bottom" style="width:02.68%;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:02.68%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;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:10.54%;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:01.08%;padding:0pt;">   </td> </tr> </table></div>   </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;"> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 63.00%;margin-left:36pt;"> <tr> <td valign="top" style="width:56.58%;padding:0pt;">   </td> <td valign="bottom" style="width:03.94%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, 2016 </td> <td valign="bottom" style="width:02.52%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2015 </td> <td valign="bottom" style="width:01.58%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:56.58%;padding:0pt;">   </td> <td valign="bottom" style="width:03.94%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.44%;padding:0pt;">   </td> <td valign="bottom" style="width:02.52%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:56.58%;padding:0pt;"> Accounts receivable, net </td> <td valign="bottom" style="width:03.94%;padding:0pt;">   </td> <td valign="bottom" style="width:03.94%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.50%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:3.6pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>197,764 </td> <td valign="bottom" style="width:02.52%;padding:0pt;">   </td> <td valign="bottom" style="width:04.98%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.96%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:3.6pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>172,201 </td> <td valign="bottom" style="width:01.58%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:56.58%;padding:0pt;"> Accounts payable </td> <td valign="bottom" style="width:03.94%;padding:0pt;">   </td> <td valign="bottom" style="width:03.94%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.50%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:3.6pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>63,337 </td> <td valign="bottom" style="width:02.52%;padding:0pt;">   </td> <td valign="bottom" style="width:04.98%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.96%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:3.6pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>58,579 </td> <td valign="bottom" style="width:01.58%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:56.58%;padding:0pt;"> Accrued promotional allowances </td> <td valign="bottom" style="width:03.94%;padding:0pt;">   </td> <td valign="bottom" style="width:03.94%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.50%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:3.6pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>39,037 </td> <td valign="bottom" style="width:02.52%;padding:0pt;">   </td> <td valign="bottom" style="width:04.98%;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.96%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:3.6pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>27,544 </td> <td valign="bottom" style="width:01.58%;padding:0pt;">   </td> </tr> </table></div>   </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;"> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 88.00%;margin-left:7.2pt;"> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.26%;padding:0pt;"> Three-Months Ended </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.26%;padding:0pt;"> Six-Months Ended </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;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;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:02.26%;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;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Net sales: </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Monster Energy® Drinks(1) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.60%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>743,453 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>651,228 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,365,381 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,246,710 </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>77,400 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,978 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>135,852 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,978 </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Other </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,635 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>29,516 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,441 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>60,824 </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;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:02.26%;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:02.26%;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:02.26%;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:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.60%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>827,488 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>693,722 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,507,674 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,320,512 </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;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:09.60%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;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:10.54%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;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:10.46%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;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:09.98%;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:01.10%;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 88.00%;margin-left:7.2pt;"> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.24%;padding:0pt;"> Three-Months Ended </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.28%;padding:0pt;"> Six-Months Ended </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;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;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Operating Income: </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Monster Energy® Drinks(1) (2) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.60%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>298,942 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>251,551 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>566,329 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>307,172 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>48,019 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,084 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>87,095 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,084 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Other(3) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>686 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>163,661 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>342 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>165,660 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(59,124) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(58,157) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(110,529) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(108,149) </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;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:02.26%;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:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;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:02.26%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.60%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>288,523 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>366,139 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>543,237 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>373,767 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;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:09.60%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;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:10.54%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;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:10.46%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;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:09.98%;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:01.08%;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 88.00%;margin-left:7.2pt;"> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.24%;padding:0pt;"> Three-Months Ended </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.28%;padding:0pt;"> Six-Months Ended </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;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;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Income before tax: </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Monster Energy® Drinks(1) (2) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.60%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>298,974 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>251,740 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>566,412 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>307,435 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>48,008 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,084 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>87,068 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,084 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Other(3) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>686 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>163,661 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>342 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>165,660 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(59,367) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(59,361) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(110,199) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(108,194) </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;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:02.26%;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:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;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:02.26%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.60%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>288,301 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>365,124 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>543,623 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>373,985 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;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:09.60%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;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:10.54%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;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:10.46%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;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:09.98%;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:01.08%;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 $12.1 million and $3.2 million for the three-months ended June 30, 2016 and 2015, respectively, related to the recognition of deferred revenue. Includes $20.2 million and $46.5 million for the six-months ended June 30, 2016 and 2015, 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 $25.3 million and $12.2 million for the three-months ended June 30, 2016 and 2015, respectively, related to distributor termination costs. Includes $28.7 million and $218.2 million for the six-months ended June 30, 2016 and 2015, respectively, related to distributor termination costs.</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;"> (3) </td><td style="width:2pt;"></td><td align="left" valign="top"> Includes $161.5 million gain on the sale of Monster Non-Energy for the three- and six-months ended June 30, 2015.</td></tr></table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 88.00%;margin-left:7.2pt;"> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:30.26%;padding:0pt;"> Three-Months Ended </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.26%;padding:0pt;"> Six-Months Ended </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:30.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2016 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" 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;"> 2015 </td> <td valign="bottom" style="width:02.26%;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;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:33.86%;padding:0pt;"> Depreciation and amortization </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:33.86%;padding:0pt;"> Monster Energy® Drinks </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="top" style="width:04.20%;padding:0pt;">   $ </td> <td valign="top" style="width:09.82%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,795 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.34%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.66%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,093 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,573 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:05.80%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.20%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,148 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:33.86%;padding:0pt;"> Strategic Brands </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="4" valign="top" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,778 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>345 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,548 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>345 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:33.86%;padding:0pt;"> Other </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="4" valign="top" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,135 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>92 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,136 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>231 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:33.86%;padding:0pt;"> Corporate and unallocated </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="4" valign="top" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,598 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,250 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,072 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,525 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:33.86%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="4" valign="top" style="width:14.02%;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:02.26%;padding:0pt;">   </td> <td colspan="3" 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:02.26%;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:02.26%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="top" style="width:04.20%;padding:0pt;">   $ </td> <td valign="top" style="width:09.82%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,306 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.34%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.66%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,780 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>19,329 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:05.80%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.20%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,249 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="top" style="width:04.20%;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:09.82%;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:02.26%;padding:0pt;">   </td> <td colspan="2" 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:08.66%;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="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;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:09.98%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:05.80%;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:08.20%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;padding:0pt;"> June 30, 2016 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;"> December 31, 2015 </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;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:02.26%;padding:0pt;">   </td> <td colspan="3" 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:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;"> Goodwill and other intangible assets: </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;"> Monster Energy® Drinks </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,330,493 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.04%;padding:0pt;">   $ </td> <td colspan="2" valign="bottom" style="width:09.96%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>699,346 </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,004,995 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,008,355 </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;"> Other </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,306 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;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:02.26%;padding:0pt;">   </td> <td colspan="3" 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:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td valign="bottom" style="width:02.54%;padding:0pt;">   $ </td> <td colspan="3" valign="bottom" style="width:11.48%;padding:0pt;"> 2,365,794 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.04%;padding:0pt;">   $ </td> <td colspan="2" valign="bottom" style="width:09.96%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,707,701 </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td valign="bottom" style="width:02.54%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:11.48%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.04%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.96%;padding:0pt;">   </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:11.48%;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="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.96%;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:02.16%;padding:0pt;">   </td> </tr> </table></div>   </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;"> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 73.00%;margin-left:36pt;"> <tr> <td valign="top" style="width:59.12%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td 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;"> Number of Shares (in thousands) </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;"> Weighted Average Grant-Date Fair Value </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:59.12%;padding:0pt;"> Non-vested at January 1, 2016 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:16.36%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>178 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   $ </td> <td valign="top" style="width:12.62%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>99.58 </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:59.12%;padding:0pt;"> Granted 01/01/16- 03/31/16 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:16.36%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>82 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   $ </td> <td valign="top" style="width:12.62%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>131.96 </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:59.12%;padding:0pt;"> Granted 04/01/16- 06/30/16 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:16.36%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   $ </td> <td valign="top" style="width:12.62%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>148.94 </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:59.12%;padding:0pt;"> Vested </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:16.36%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(68) </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   $ </td> <td valign="top" style="width:12.62%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>104.32 </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:59.12%;padding:0pt;"> Forfeited/cancelled </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:16.36%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1) </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   $ </td> <td valign="top" style="width:12.62%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>57.45 </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:59.12%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td 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 valign="bottom" style="width:03.74%;padding:0pt;">   </td> <td valign="top" style="width:12.62%;padding:0pt;">   </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:59.12%;padding:0pt;"> Non-vested at June 30, 2016 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:16.36%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>203 </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   $ </td> <td valign="top" style="width:12.62%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>114.26 </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:59.12%;padding:0pt;">   </td> <td valign="bottom" style="width:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:16.36%;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:03.40%;padding:0pt;">   </td> <td valign="bottom" style="width:03.74%;padding:0pt;">   </td> <td valign="top" style="width:12.62%;padding:0pt;">   </td> <td valign="bottom" style="width:01.36%;padding:0pt;">   </td> </tr> </table></div>   </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;">   17.SEGMENT INFORMATION   During the second quarter of 2016, the Company renamed and revised its reportable segments to reflect management’s current view of the business and to align its external financial reporting with its operating and internal financial model. Historical segment information has been revised to reflect the effect of this change.   The Company has three operating and reportable segments, (i) Monster Energy® Drinks segment (“Monster Energy® Drinks”), which is comprised of the Company’s Monster Energy® drink products (previously the Finished Products segment), (ii) Strategic Brands (“Strategic Brands”), which include the various energy drink brands acquired from TCCC as a result of the TCCC Transaction (previously the Concentrate segment) and (iii) Other, (“Other”) the principal products of which include the brands disposed of as a result of the TCCC Transaction as well as certain products acquired as part of the AFF Transaction that are sold to independent third-parties.   The Company’s Monster Energy® Drinks segment generates net operating revenues by selling ready-to-drink packaged energy drinks to full service beverage distributors, retail grocery and specialty chains, wholesalers, club stores, drug chains, mass merchandisers, convenience chains, health food distributors, food service customers and the military.   The Company’s Strategic Brands segment primarily generates net operating revenues by selling “concentrates” and/or “beverage bases” to authorized bottling and canning operations. Such bottlers generally combine the concentrates and/or beverage bases with sweeteners and water, which are then filled in authorized containers bearing the Company’s respective trademarks and sold to customers directly (or in some cases through wholesalers or other bottlers). To a lesser extent, the Company’s Strategic Brands segment generates net operating revenues by selling ready-to-drink packaged energy drinks to full service beverage distributors, retail grocery and specialty chains, wholesalers, club stores, drug chains, mass merchandisers, convenience chains, health food distributors, food service customers and the military.   Generally, the Monster Energy® Drinks segment generates higher per case net operating revenues, but lower per case gross profit margins than the Strategic Brands segment.   Corporate and unallocated amounts that do not relate to a reportable segment have been allocated to “Corporate & Unallocated.” No asset information, other than goodwill and other intangible assets, has been provided for in the Company’s reportable segments as management does not measure or allocate such assets on a segment basis.   The net revenues derived from the Company’s reportable segments and other financial information related thereto for the three- and six-months ended June 30, 2016 and 2015 are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 88.00%;margin-left:7.2pt;"> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.26%;padding:0pt;"> Three-Months Ended </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.26%;padding:0pt;"> Six-Months Ended </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;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;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:02.26%;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;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Net sales: </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Monster Energy® Drinks(1) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.60%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>743,453 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>651,228 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,365,381 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,246,710 </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>77,400 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,978 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>135,852 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,978 </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Other </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,635 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>29,516 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,441 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>60,824 </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;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:02.26%;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:02.26%;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:02.26%;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:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.60%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>827,488 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>693,722 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,507,674 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,320,512 </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;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:09.60%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;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:10.54%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;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:10.46%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;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:09.98%;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:01.10%;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 88.00%;margin-left:7.2pt;"> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.24%;padding:0pt;"> Three-Months Ended </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.28%;padding:0pt;"> Six-Months Ended </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;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;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Operating Income: </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Monster Energy® Drinks(1) (2) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.60%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>298,942 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>251,551 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>566,329 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>307,172 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>48,019 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,084 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>87,095 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,084 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Other(3) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>686 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>163,661 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>342 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>165,660 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(59,124) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(58,157) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(110,529) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(108,149) </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;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:02.26%;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:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;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:02.26%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.60%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>288,523 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>366,139 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>543,237 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>373,767 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;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:09.60%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;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:10.54%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;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:10.46%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;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:09.98%;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:01.08%;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 88.00%;margin-left:7.2pt;"> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.24%;padding:0pt;"> Three-Months Ended </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.28%;padding:0pt;"> Six-Months Ended </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;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;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Income before tax: </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Monster Energy® Drinks(1) (2) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.60%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>298,974 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>251,740 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>566,412 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>307,435 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>48,008 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,084 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>87,068 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,084 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Other(3) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>686 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>163,661 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>342 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>165,660 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(59,367) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(59,361) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(110,199) </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:1.45pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(108,194) </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;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:02.26%;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:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.02%;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:02.26%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.60%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>288,301 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.54%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>365,124 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;padding:0pt;">   $ </td> <td valign="bottom" style="width:10.46%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>543,623 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>373,985 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.40%;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:09.60%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.46%;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:10.54%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:03.56%;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:10.46%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;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:09.98%;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:01.08%;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 $12.1 million and $3.2 million for the three-months ended June 30, 2016 and 2015, respectively, related to the recognition of deferred revenue. Includes $20.2 million and $46.5 million for the six-months ended June 30, 2016 and 2015, 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 $25.3 million and $12.2 million for the three-months ended June 30, 2016 and 2015, respectively, related to distributor termination costs. Includes $28.7 million and $218.2 million for the six-months ended June 30, 2016 and 2015, respectively, related to distributor termination costs.</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;"> (3) </td><td style="width:2pt;"></td><td align="left" valign="top"> Includes $161.5 million gain on the sale of Monster Non-Energy for the three- and six-months ended June 30, 2015.</td></tr></table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 88.00%;margin-left:7.2pt;"> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:30.26%;padding:0pt;"> Three-Months Ended </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.26%;padding:0pt;"> Six-Months Ended </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:30.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> June 30, </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2016 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" 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;"> 2015 </td> <td valign="bottom" style="width:02.26%;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;"> 2016 </td> <td valign="bottom" style="width:02.26%;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;"> 2015 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:33.86%;padding:0pt;"> Depreciation and amortization </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:33.86%;padding:0pt;"> Monster Energy® Drinks </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="top" style="width:04.20%;padding:0pt;">   $ </td> <td valign="top" style="width:09.82%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,795 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.34%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.66%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,093 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,573 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:05.80%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.20%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,148 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:33.86%;padding:0pt;"> Strategic Brands </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="4" valign="top" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,778 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>345 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,548 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>345 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:33.86%;padding:0pt;"> Other </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="4" valign="top" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,135 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>92 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,136 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>231 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:33.86%;padding:0pt;"> Corporate and unallocated </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="4" valign="top" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,598 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,250 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,072 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,525 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:33.86%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="4" valign="top" style="width:14.02%;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:02.26%;padding:0pt;">   </td> <td colspan="3" 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:02.26%;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:02.26%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="top" style="width:04.20%;padding:0pt;">   $ </td> <td valign="top" style="width:09.82%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,306 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.34%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.66%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,780 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>19,329 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:05.80%;padding:0pt;">   $ </td> <td valign="bottom" style="width:08.20%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,249 </td> <td valign="bottom" style="width:01.08%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:33.86%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="top" style="width:04.20%;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:09.82%;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:02.26%;padding:0pt;">   </td> <td colspan="2" 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:08.66%;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="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.02%;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:09.98%;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:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:05.80%;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:08.20%;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:01.08%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;padding:0pt;"> June 30, 2016 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;"> December 31, 2015 </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;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:02.26%;padding:0pt;">   </td> <td colspan="3" 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:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;"> Goodwill and other intangible assets: </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;"> Monster Energy® Drinks </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:04.02%;padding:0pt;">   $ </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,330,493 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.04%;padding:0pt;">   $ </td> <td colspan="2" valign="bottom" style="width:09.96%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>699,346 </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;"> Strategic Brands </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,004,995 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,008,355 </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;"> Other </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,306 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;"> Corporate and unallocated </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:14.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:14.02%;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:02.26%;padding:0pt;">   </td> <td colspan="3" 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:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td valign="bottom" style="width:02.54%;padding:0pt;">   $ </td> <td colspan="3" valign="bottom" style="width:11.48%;padding:0pt;"> 2,365,794 </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.04%;padding:0pt;">   $ </td> <td colspan="2" valign="bottom" style="width:09.96%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,707,701 </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td valign="bottom" style="width:02.54%;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:11.48%;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.04%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.96%;padding:0pt;">   </td> <td valign="bottom" style="width:02.16%;padding:0pt;">   </td> </tr> <tr> <td colspan="2" valign="top" style="width:35.16%;padding:0pt;">   </td> <td valign="bottom" style="width:00.98%;padding:0pt;">   </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:11.48%;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="bottom" style="width:02.26%;padding:0pt;">   </td> <td valign="bottom" style="width:04.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.96%;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:02.16%;padding:0pt;">   </td> </tr> </table></div>   Corporate and unallocated expenses for the three-months ended June 30, 2016 include $31.1 million of payroll costs, of which $11.5 million was attributable to stock-based compensation expense (see Note 14, “Stock-Based Compensation”), as well as $19.6 million attributable to professional service expenses, including accounting and legal costs, and $8.7 million of other operating expenses.  Corporate and unallocated expenses for the three-months ended June 30, 2015 include $28.3 million of payroll costs, of which $8.5 million was attributable to stock-based compensation expense (see Note 14, “Stock-Based Compensation”), as well as $21.8 million attributable to professional service expenses, including accounting and legal costs, and $8.1 million of other operating expenses.   Corporate and unallocated expenses for the six-months ended June 30, 2016 include $59.5 million of payroll costs, of which $21.5 million was attributable to stock-based compensation expense (see Note 14, “Stock-Based Compensation”), as well as $35.5 million attributable to professional service expenses, including accounting and legal costs, and $15.2 million of other operating expenses.  Corporate and unallocated expenses for the six-months ended June 30, 2015 include $56.9 million of payroll costs, of which $14.8 million was attributable to stock-based compensation expense (see Note 14, “Stock-Based Compensation”), as well as $36.3 million attributable to professional service expenses, including accounting and legal costs, and $14.9 million of other operating expenses.   TCCC, through certain wholly-owned subsidiaries (the “TCCC Subsidiaries”), accounted for approximately 42% and 45% of the Company’s net sales for the three-months ended June 30, 2016 and 2015, respectively. The TCCC Subsidiaries accounted for approximately 44% and 40% of the Company’s net sales for the six-months ended June 30, 2016 and 2015, respectively.   Net sales to customers outside the United States amounted to $200.2 million and $151.3 million for the three-months ended June 30, 2016 and 2015, respectively. Net sales to customers outside the United States amounted to $349.3 million and $264.3 million for the six-months ended June 30, 2016 and 2015, respectively. </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

14837000

21590000

82000

12000

135.48

131.96

134.14

148.94

178000

203000

99.58

114.26

68000

104.32

0.000

P5Y9M18D

P6Y3M18D

P6Y4M24D

0.371

0.370

0.362

0.016

0.015

0.014

0.013

563212000

4350000

31.24

P3Y10M24D

829700000

314000000

21400000

10900000

81000

94.97

961000

219000

50.14

49.72

50.66

52.33

646497000

725436000

6590000

7479000

50.85

63.72

P5Y7M6D

P5Y9M18D

706495000

7031000

200000

60.23

P5Y7M6D

38.89

132.06

138.53

744610000

44319000

4809410000

21878000

3192411000

14477000

210000

2000000000

250000000

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;"> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 66.00%;margin-left:54pt;"> <tr> <td valign="top" style="width:57.64%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:37.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Gross Unrecognized Tax Benefits </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.64%;padding:0pt;"> Balance at December 31, 2015 </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   </td> <td valign="bottom" style="width:08.12%;padding:0pt;">   $ </td> <td valign="bottom" style="width:28.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>471 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.64%;padding:0pt;"> Additions for tax positions related to the current year </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:37.10%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.64%;padding:0pt;"> Additions for tax positions related to the prior year </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:37.10%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.64%;padding:0pt;"> Decreases related to settlement with taxing authority </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:37.10%;padding:0pt;"> - </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.64%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:37.10%;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:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.64%;padding:0pt;"> Balance at June 30, 2016 </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   </td> <td valign="bottom" style="width:08.12%;padding:0pt;">   $ </td> <td valign="bottom" style="width:28.98%;;font-family:Times New Roman,Times,serif;font-size:11pt;padding-right:5.05pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>471 </td> <td valign="bottom" style="width:01.50%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:57.64%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   </td> <td valign="bottom" style="width:08.12%;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:28.98%;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:01.50%;padding:0pt;">   </td> </tr> </table></div>   </div><div style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

156.00

4119000

16957000

12820512

41500000

556467000

2558721000

<div> <div style="margin-left:0%;margin-right:0%;"></div><div style="margin-left:0%;margin-right:0%;"> <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;"> June 30, 2016 </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: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;"> Held-to-Maturity </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Short-term: </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.92%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.26%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.52%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.14%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.86%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.26%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.32%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.66%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,319 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,317 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> U.S. Treasuries </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Long-term: </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.92%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,319 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.26%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.52%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.14%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.86%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>44,317 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.26%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.32%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.66%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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:07.92%;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%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;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:06.26%;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:03.48%;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="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.14%;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: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="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" 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="bottom" style="width:07.26%;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:03.32%;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:06.66%;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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:27.00%;padding:0pt;"> December 31, 2015 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;"> Amortized Cost </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> Gross Unrealized Holding Gains </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> Gross Unrealized Holding Losses </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> Fair Value </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;"> Continuous Unrealized Loss Position less than 12 Months </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> Continuous Unrealized Loss Position greater than 12 Months </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;">   </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: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;">   </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;">   </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;">   </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;">   </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;">   </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;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Held-to-Maturity </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Short-term: </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Commercial paper </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.92%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,978 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.26%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.52%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.14%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.86%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,978 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.26%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.32%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.66%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>709,207 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>63 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>192 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>709,078 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>192 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,369 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>58 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,311 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>58 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> U.S. Treasuries </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,056 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,043 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Long-term: </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;"> Municipal securities </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,071 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,063 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,277 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;padding:0pt;"> - </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,252 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.00%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.98%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td colspan="2" valign="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.08%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.92%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>759,958 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.26%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>63 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.48%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.52%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>296 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.14%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.86%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>759,725 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.74%;padding:0pt;">   $ </td> <td valign="bottom" style="width:07.26%;;font-family:Tms Rmn;font-size:8.5pt;padding-right:4.3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>296 </td> <td valign="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.32%;padding:0pt;">   $ </td> <td valign="bottom" style="width:06.66%;padding:0pt;"> - </td> </tr> <tr> <td valign="top" style="width:27.00%;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;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:07.92%;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%;padding:0pt;">   </td> <td valign="bottom" style="width:03.76%;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:06.26%;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:03.48%;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="bottom" 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="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" style="width:03.14%;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: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="bottom" style="width:02.00%;padding:0pt;">   </td> <td valign="bottom" 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="bottom" style="width:07.26%;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:03.32%;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:06.66%;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 style="margin-left:0%;margin-right:0%;"> </div><div style="margin-left:0%;margin-right:0%;"></div> </div>

471000

200000

27544000

39037000

177998000

181417000

205948000

204968000

173447000

176985000

201962000

200979000