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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 290,291 $ 508,053
Short-term investments 457,787 289,758
Current content library, net 1,368,162 919,709
Prepaid content 59,929 56,007
Other current assets 64,622 57,330
Total current assets 2,240,791 1,830,857
Non-current content library, net 1,506,008 1,046,934
Property and equipment, net 131,681 136,353
Other non-current assets 89,410 55,052
Total assets 3,967,890 3,069,196
Current liabilities:    
Current content liabilities 1,366,847 935,036
Accounts payable 86,468 86,992
Accrued expenses 53,139 54,231
Deferred revenue 169,472 148,796
Total current liabilities 1,675,926 1,225,055
Non-current content liabilities 1,076,622 739,628
Long-term debt 200,000 200,000
Long-term debt due to related party 200,000 200,000
Other non-current liabilities 70,669 61,703
Total liabilities 3,223,217 2,426,386
Commitments and contingencies (Note 5)      
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at December 31, 2012 and 2011; no shares issued and outstanding at December 31, 2012 and 2011 0 0
Common stock, $0.001 par value; 160,000,000 shares authorized at December 31, 2012 and 2011; 55,587,167 and 55,398,615 issued and outstanding at December 31, 2012 and 2011, respectively 56 55
Additional paid-in capital 301,616 219,119
Accumulated other comprehensive income 2,919 706
Retained earnings 440,082 422,930
Total stockholders’ equity 744,673 642,810
Total liabilities and stockholders’ equity $ 3,967,890 $ 3,069,196