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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 27,658 $ 23,696
Adjustments to reconcile net income to net cash used in operating activities:    
Additions to streaming content assets 2,316,599 1,640,217
Change in streaming content liabilities 905,723 626,325
Amortization of streaming content assets 1,058,521 749,518
Amortization of DVD content assets 20,441 21,185
Depreciation and amortization of property, equipment and intangibles 14,798 15,167
Stock-based compensation expense 42,422 27,441
Excess tax benefits from stock-based compensation (11,316) (29,001)
Other non-cash items 12,757 6,306
Deferred taxes (16,603) (37,042)
Changes in operating assets and liabilities:    
Other current assets 14,308 51,401
Accounts payable (19,898) (10,625)
Accrued expenses 41,232 35,922
Deferred revenue 27,502 10,754
Other non-current assets and liabilities (29,536) 21,788
Net cash used in operating activities (228,590) (127,382)
Cash flows from investing activities:    
Acquisition of DVD content assets (23,207) (22,906)
Purchases of property and equipment (8,425) (13,036)
Change in other assets (356) 225
Purchases of short-term investments (34,962) (90,940)
Proceeds from sale of short-term investments 8,188 51,948
Proceeds from maturities of short-term investments 63,025 31,887
Net cash provided by (used in) investing activities 4,263 (42,822)
Cash flows from financing activities:    
Proceeds from issuance of common stock 3,536 10,916
Proceeds from issuance of debt 0 1,500,000
Issuance costs 0 (17,232)
Excess tax benefits from stock-based compensation 11,316 29,001
Other financing activities 55 (251)
Net cash provided by financing activities 14,907 1,522,434
Effect of exchange rate changes on cash and cash equivalents 5,334 (11,061)
Net (decrease) increase in cash and cash equivalents (204,086) 1,341,169
Cash and cash equivalents, beginning of period 1,809,330 1,113,608
Cash and cash equivalents, end of period 1,605,244 2,454,777
Supplemental disclosure of non-cash investing activities:    
Investing activities included in liabilities $ 18,121 $ 20,706