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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:        
Net income $ 31,822 $ 7,675 $ 63,982 $ 9,255
Adjustments to reconcile net income to net cash provided by (used in) operating activities:        
Additions to streaming content library (878,314) (744,714) (2,063,709) (1,883,859)
Change in streaming content liabilities 310,191 274,196 327,175 631,802
Amortization of streaming content library 553,394 410,947 1,549,384 1,126,680
Amortization of DVD content library 17,546 13,132 53,492 49,482
Depreciation and amortization of property, equipment and intangibles 11,452 11,128 35,529 33,506
Stock-based compensation expense 18,477 18,472 54,178 56,254
Excess tax benefits from stock-based compensation (20,492) (111) (52,475) (4,173)
Other non-cash items 1,994 (2,078) 4,932 (5,176)
Loss on extinguishment of debt 0 0 25,129 0
Deferred taxes (2,424) (15,606) (11,212) (26,449)
Changes in operating assets and liabilities:        
Prepaid content 1,542 15,358 29,407 22,855
Other current assets 8,378 (3,476) 8,548 188
Accounts payable (5,877) (9,727) 6,004 (11,167)
Accrued expenses (11,451) 15,294 (5,089) 23,931
Deferred revenue 9,252 2,356 26,351 6,350
Other non-current assets and liabilities (10,797) 4,229 4,760 6,112
Net cash provided by (used in) operating activities 34,693 (2,925) 56,386 35,591
Cash flows from investing activities:        
Acquisitions of DVD content library (15,471) (8,586) (50,687) (30,126)
Purchases of property and equipment (10,828) (10,808) (31,034) (18,933)
Other assets (1,329) 1,857 3,808 6,323
Purchases of short-term investments (116,116) (67,779) (497,789) (430,549)
Proceeds from sale of short-term investments 81,185 52,172 196,392 272,680
Proceeds from maturities of short-term investments 48,890 2,695 58,720 23,685
Net cash used in investing activities (13,669) (30,449) (320,590) (176,920)
Cash flows from financing activities:        
Proceeds from issuance of common stock 25,561 318 93,553 2,066
Proceeds from issuance of debt 0 0 500,000 0
Issuance costs 0 0 (9,414) (759)
Redemption of debt 0 0 (219,362) 0
Excess tax benefits from stock-based compensation 20,492 111 52,475 4,173
Principal payments of lease financing obligations (258) (587) (916) (1,723)
Net cash provided by (used in) financing activities 45,795 (158) 416,336 3,757
Effect of exchange rate changes on cash and cash equivalents 1,559 1,579 (3,367) (183)
Net increase (decrease) in cash and cash equivalents 68,378 (31,953) 148,765 (137,755)
Cash and cash equivalents, beginning of period 370,678 402,251 290,291 508,053
Cash and cash equivalents, end of period $ 439,056 $ 370,298 $ 439,056 $ 370,298