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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 186,678 $ 122,641 $ 266,799
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Additions to streaming content assets (8,653,286) (5,771,652) (3,773,019)
Change in streaming content liabilities 1,772,650 1,162,413 593,125
Amortization of streaming content assets 4,788,498 3,405,382 2,656,279
Amortization of DVD content assets 78,952 79,380 71,491
Depreciation and amortization of property, equipment and intangibles 57,528 62,283 54,028
Stock-based compensation expense 173,675 124,725 115,239
Excess tax benefits from stock-based compensation (65,121) (80,471) (89,341)
Other non-cash items 40,909 31,628 15,282
Deferred taxes (46,847) (58,655) (30,063)
Changes in operating assets and liabilities:      
Other current assets 46,970 18,693 (9,198)
Other current assets 32,247 51,615 83,812
Accrued expenses 68,706 48,810 55,636
Deferred revenue 96,751 72,135 58,819
Other non-current assets and liabilities (52,294) (18,366) (52,406)
Net cash (used in) provided by operating activities (1,473,984) (749,439) 16,483
Cash flows from investing activities:      
Acquisition of DVD content assets (77,177) (77,958) (74,790)
Purchases of property and equipment (107,653) (91,248) (69,726)
Other assets (941) (1,912) 1,334
Purchases of short-term investments (187,193) (371,915) (426,934)
Proceeds from sale of short-term investments 282,484 259,079 385,300
Proceeds from maturities of short-term investments 140,245 104,762 141,950
Net cash provided by (used in) investing activities 49,765 (179,192) (42,866)
Cash flows from financing activities:      
Proceeds from issuance of debt 1,000,000 1,500,000 400,000
Issuance costs (10,700) (17,629) (7,080)
Proceeds from issuance of common stock 36,979 77,980 60,544
Excess tax benefits from stock-based compensation 65,121 80,471 89,341
Other financing activities 230 (545) (1,093)
Net cash provided by financing activities 1,091,630 1,640,277 541,712
Effect of exchange rate changes on cash and cash equivalents (9,165) (15,924) (6,686)
Net (decrease) increase in cash and cash equivalents (341,754) 695,722 508,643
Cash and cash equivalents, beginning of year 1,809,330 1,113,608 604,965
Cash and cash equivalents, end of year 1,467,576 1,809,330 1,113,608
Supplemental disclosure:      
Income taxes paid 26,806 27,658 50,573
Interest paid 138,566 111,761 41,085
Change in investing activities included in liabilities $ 27,504 $ (4,978) $ 12,295