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Balance Sheet Components
6 Months Ended
Jun. 30, 2015
Balance Sheet Components Disclosure [Abstract]  
Balance Sheet Components
Balance Sheet Components
Content Library
Content library consisted of the following:
 
As of
 
June 30,
2015
 
December 31,
2014
 
(in thousands)
Total content library, gross
$
10,253,672

 
$
8,497,403

Accumulated amortization
(4,101,959
)
 
(3,598,375
)
Total content library, net
6,151,713

 
4,899,028

Current content library, net
2,510,946

 
2,125,702

Non-current content library, net
$
3,640,767

 
$
2,773,326



Content library includes costs capitalized for licensed streaming content, for production of original content and for DVD content.
Property and Equipment, Net
Property and equipment and accumulated depreciation consisted of the following:
 
 
As of
 
 
 
 
June 30,
2015
 
December 31,
2014
 
Estimated Useful Lives

 
 
(in thousands)
 
 
Information technology assets
 
$
185,943

 
$
189,274

 
3 years
Furniture and fixtures
 
25,825

 
25,758

 
3 years
Building
 
40,681

 
40,681

 
30 years
Leasehold improvements
 
61,453

 
57,339

 
Over life of lease
DVD operations equipment
 
89,132

 
89,144

 
5 years
Capital work-in-progress
 
50,135

 
12,495

 

Property and equipment, gross
 
453,169

 
414,691

 
 
Less: Accumulated depreciation
 
(281,773
)
 
(264,816
)
 
 
Property and equipment, net
 
$
171,396

 
$
149,875

 
 


Capital work-in-progress as of June 30, 2015 consists primarily of $41.5 million of leasehold improvements and furniture for the Company's headquarters expansion not yet placed into service.