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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:        
Net income $ 7,675 $ 62,460 $ 9,255 $ 190,907
Adjustments to reconcile net income to net cash provided by operating activities:        
Additions to streaming content library (744,714) (539,285) (1,883,859) (1,344,187)
Change in streaming content liabilities 274,196 313,781 631,802 819,909
Amortization of streaming content library 410,947 187,446 1,126,680 417,849
Amortization of DVD content library 13,132 23,000 49,482 73,990
Depreciation and amortization of property, equipment and intangibles 11,128 11,913 33,506 31,921
Stock-based compensation expense 18,472 15,705 56,254 43,505
Excess tax benefits from stock-based compensation (111) (11,761) (4,173) (45,283)
Other non-cash items (2,078) (1,745) (5,176) (3,472)
Deferred taxes (15,606) (5,281) (26,449) (14,190)
Changes in operating assets and liabilities:        
Prepaid content 15,358 (17,335) 22,855 (14,928)
Other current assets (3,476) (8,578) 188 4,935
Accounts payable (6,652) (7,052) (7,807) 3,949
Accrued expenses 15,294 23,489 23,931 59,241
Deferred revenue 2,356 13,992 6,350 33,746
Other non-current assets and liabilities 4,229 (11,218) 6,112 (5,646)
Net cash provided by operating activities 150 49,531 38,951 252,246
Cash flows from investing activities:        
Acquisitions of DVD content library (8,586) (20,826) (30,126) (62,010)
Purchases of short-term investments (67,779) (7,673) (430,549) (100,536)
Proceeds from sale of short-term investments 52,172 37 272,680 31,508
Proceeds from maturities of short-term investments 2,695 1,805 23,685 18,440
Purchases of property and equipment (13,883) (14,080) (22,293) (39,026)
Other assets 1,857 (844) 6,323 1,419
Net cash used in investing activities (33,524) (41,581) (180,280) (150,205)
Cash flows from financing activities:        
Proceeds from issuance of common stock upon exercise of options 318 4,409 2,066 18,589
Financing costs 0 0 (759) 0
Repurchases of common stock 0 (39,602) 0 (199,666)
Excess tax benefits from stock-based compensation 111 11,761 4,173 45,283
Principal payments of lease financing obligations (587) (526) (1,723) (1,547)
Net cash provided by (used in) financing activities (158) (23,958) 3,757 (137,341)
Effect of exchange rate changes on cash and cash equivalents 1,579 0 (183) 0
Net decrease in cash and cash equivalents (31,953) (16,008) (137,755) (35,300)
Cash and cash equivalents, beginning of period 402,251 175,207 508,053 194,499
Cash and cash equivalents, end of period $ 370,298 $ 159,199 $ 370,298 $ 159,199