Other Balance Sheet Items

Other Current Assets

Other current assets consist of the following:



	March 31,		December 31,
	2016		2015
	(In thousands)
Prepaid expenses	$	15,718	$	14,823
Income tax receivables	13,948		23,098
Other	4,374		1,935
Total other current assets	$	34,040	$	39,856

Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities consist of the following:



	March 31,		December 31,
	2016		2015
	(In thousands)
Accounts payable	$	19,117	$	23,298
Accrued employee compensation	32,248		51,851
Customer deposits, net	44,538		48,307
Interest Payable	32,779		27,701
Income taxes payable and other tax liabilities	4,137		16,943
Other accrued liabilities	15,858		20,071
Total accounts payable and accrued liabilities	$	148,677	$	188,171

Accrued employee compensation primarily consists of liabilities for employee leave, salaries, payroll taxes, employee contributions to the employee stock purchase plan, and incentive compensation. Accrued employee incentive compensation as of December 31, 2015, was paid during the three months ended March 31, 2016. Income taxes payable and other tax liabilities decreased in the three months ended March 31, 2016 as a result of payments made for income taxes in certain non-U.S. jurisdictions. Interest payable includes coupon interest on the Subordinated Convertible Debentures, the 2023 Senior Notes and the 2025 Senior Notes.