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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income $ 112,403 $ 17,152 $ 226,126
Adjustments to reconcile net income to net cash provided by operating activities:      
Additions to streaming content library (3,049,758) (2,515,506) (2,320,732)
Change in streaming content liabilities 673,785 762,089 1,463,955
Amortization of streaming content library 2,121,981 1,591,218 699,128
Amortization of DVD content library 71,325 65,396 96,744
Depreciation and amortization of property, equipment and intangibles 48,374 45,469 43,747
Stock-based compensation expense 73,100 73,948 61,582
Excess tax benefits from stock-based compensation (81,663) (4,543) (45,784)
Other non-cash items 5,332 (8,392) (4,050)
Loss on extinguishment of debt 25,129 0 0
Deferred taxes (22,044) (30,071) (18,597)
Changes in operating assets and liabilities:      
Other current assets 62,234 (5,432) 1,436
Accounts payable 18,374 (4,943) 23,968
Accrued expenses 1,941 9,806 65,560
Deferred revenue 46,295 20,676 21,613
Other non-current assets and liabilities (8,977) 4,719 3,016
Net cash provided by operating activities 97,831 21,586 317,712
Cash flows from investing activities:      
Acquisition of DVD content library (65,927) (48,275) (85,154)
Purchases of property and equipment (54,143) (40,278) (49,682)
Other assets 5,939 8,816 3,674
Purchases of short-term investments (550,264) (477,321) (223,750)
Proceeds from sale of short-term investments 347,502 282,953 50,993
Proceeds from maturities of short-term investments 60,925 29,365 38,105
Net cash used in investing activities (255,968) (244,740) (265,814)
Cash flows from financing activities:      
Proceeds from issuance of common stock 124,557 4,124 19,614
Proceeds from public offering of common stock, net of issuance costs 0 (464) 199,947
Proceeds from issuance of debt, net of issuance costs 490,586 (295) 198,060
Repurchases of common stock 0 0 (199,666)
Redemption of debt (219,362) 0 0
Excess tax benefits from stock-based compensation 81,663 4,543 45,784
Principal payments of lease financing obligations (1,180) (2,319) (2,083)
Net cash provided by financing activities 476,264 5,589 261,656
Effect of exchange rate changes on cash and cash equivalents (3,453) (197) 0
Net increase (decrease) in cash and cash equivalents 314,674 (217,762) 313,554
Cash and cash equivalents, beginning of year 290,291 508,053 194,499
Cash and cash equivalents, end of year 604,965 290,291 508,053
Supplemental disclosure:      
Income taxes paid 7,465 28,853 79,069
Interest paid $ 19,114 $ 19,009 $ 19,395