2013 Q1 Form 10-Q Financial Statement

#000106528013000020 Filed on April 26, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q1
Revenue $1.024B $869.8M
YoY Change 17.72% 21.05%
Cost Of Revenue $737.0M $623.9M
YoY Change 18.11% 42.4%
Gross Profit $287.0M $245.9M
YoY Change 16.74% -12.32%
Gross Profit Margin 28.03% 28.27%
Selling, General & Admin $163.2M $165.0M
YoY Change -1.08% 29.65%
% of Gross Profit 56.87% 67.11%
Research & Development $91.98M $82.80M
YoY Change 11.08% 62.66%
% of Gross Profit 32.05% 33.68%
Depreciation & Amortization $12.05M $371.1M
YoY Change -96.75% 202.44%
% of Gross Profit 4.2% 150.94%
Operating Expenses $255.2M $247.8M
YoY Change 2.98% 39.08%
Operating Profit $31.82M -$1.935M
YoY Change -1744.55% -101.89%
Interest Expense $6.740M $4.974M
YoY Change 35.5% 2.24%
% of Operating Profit 21.18%
Other Income/Expense, Net $977.0K -$5.090M
YoY Change -119.19% 27.25%
Pretax Income $930.0K -$7.025M
YoY Change -113.24% -107.15%
Income Tax -$1.759M -$2.441M
% Of Pretax Income -189.14%
Net Earnings $2.689M -$4.584M
YoY Change -158.66% -107.61%
Net Earnings / Revenue 0.26% -0.53%
Basic Earnings Per Share $0.05 -$0.08
Diluted Earnings Per Share $0.05 -$0.08
COMMON SHARES
Basic Shares Outstanding 55.97M shares 55.46M shares
Diluted Shares Outstanding 60.15M shares 55.46M shares

Balance Sheet

Concept 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.026B $805.0M
YoY Change 27.45% 134.69%
Cash & Equivalents $418.1M $396.0M
Short-Term Investments $608.0M $409.0M
Other Short-Term Assets $82.47M $45.76M
YoY Change 80.22% -58.02%
Inventory
Prepaid Expenses
Receivables $1.392B $1.155B
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.557B $2.059B
YoY Change 24.21% 187.13%
LONG-TERM ASSETS
Property, Plant & Equipment $129.3M $128.2M
YoY Change 0.88% -5.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $100.2M $67.25M
YoY Change 49.0% 68.12%
Total Long-Term Assets $1.806B $1.422B
YoY Change 27.04% 281.16%
TOTAL ASSETS
Total Short-Term Assets $2.557B $2.059B
Total Long-Term Assets $1.806B $1.422B
Total Assets $4.363B $3.480B
YoY Change 25.37% 219.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $102.8M $83.12M
YoY Change 23.7% -72.39%
Accrued Expenses $52.00M $49.11M
YoY Change 5.9% 11.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.689B $1.447B
YoY Change 16.73% 195.24%
LONG-TERM LIABILITIES
Long-Term Debt $700.0M $400.0M
YoY Change 75.0% 70.94%
Other Long-Term Liabilities $78.23M $62.20M
YoY Change 25.76% -31.65%
Total Long-Term Liabilities $78.23M $62.20M
YoY Change 25.76% -80.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.689B $1.447B
Total Long-Term Liabilities $78.23M $62.20M
Total Liabilities $3.550B $2.817B
YoY Change 26.03% 246.08%
SHAREHOLDERS EQUITY
Retained Earnings $442.8M $418.3M
YoY Change 5.84%
Common Stock $369.9M $243.5M
YoY Change 51.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $812.9M $663.4M
YoY Change
Total Liabilities & Shareholders Equity $4.363B $3.480B
YoY Change 25.37% 219.31%

Cashflow Statement

Concept 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $2.689M -$4.584M
YoY Change -158.66% -107.61%
Depreciation, Depletion And Amortization $12.05M $371.1M
YoY Change -96.75% 202.44%
Cash From Operating Activities -$12.25M $19.11M
YoY Change -164.11% -83.57%
INVESTING ACTIVITIES
Capital Expenditures $12.12M $4.766M
YoY Change 154.26% -70.8%
Acquisitions
YoY Change
Other Investing Activities -$4.050M -$1.334M
YoY Change 203.6% -5.99%
Cash From Investing Activities -$179.2M -$135.8M
YoY Change 31.97% 84.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$1.224M
YoY Change -101.2%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $321.6M $4.032M
YoY Change 7875.74% -104.65%
NET CHANGE
Cash From Operating Activities -$12.25M $19.11M
Cash From Investing Activities -$179.2M -$135.8M
Cash From Financing Activities $321.6M $4.032M
Net Change In Cash $130.1M -$112.7M
YoY Change -215.46% 155.62%
FREE CASH FLOW
Cash From Operating Activities -$12.25M $19.11M
Capital Expenditures $12.12M $4.766M
Free Cash Flow -$24.37M $14.34M
YoY Change -269.89% -85.66%

Facts In Submission

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CY2013Q1 us-gaap Reclassifications
Reclassifications
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform to the current period presentation in the Consolidated Statements of Operations. Payroll and related expenses of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$6.0 million</font><font style="font-family:inherit;font-size:10pt;"> associated with corporate marketing personnel, previously classified in "Marketing" on the Consolidated Statements of Operations, have been reclassified as "General and administrative" for the period ended March 31, 2012. Historically these costs were substantially all recorded in the Domestic streaming segment and impacted segment contribution profit. Management and the Company's chief operating decision maker consider such employee costs to be global corporate costs rather than direct marketing costs and as such are not indicative of any given segment's performance. Accordingly, such costs have been reclassified as "General and administrative" expenses which are not a component of contribution profit. There was no impact to operating income (loss) in any period.</font></div></div>
CY2013Q1 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
-200000000 USD
CY2012Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
-200000000 USD
CY2013Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
403000 USD
CY2012Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
559000 USD
CY2013Q1 us-gaap Research And Development Arrangement With Federal Government Customer Funding To Offset Costs Incurred
ResearchAndDevelopmentArrangementWithFederalGovernmentCustomerFundingToOffsetCostsIncurred
3100000 USD
CY2013Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
91975000 USD
CY2012Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
82801000 USD
CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
442771000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
440082000 USD
CY2013Q1 us-gaap Revenues
Revenues
1023961000 USD
CY2012Q1 us-gaap Revenues
Revenues
869791000 USD
CY2013Q1 us-gaap Senior Long Term Notes
SeniorLongTermNotes
500000000 USD
CY2012Q4 us-gaap Senior Long Term Notes
SeniorLongTermNotes
200000000 USD
CY2012Q1 us-gaap Share Based Compensation
ShareBasedCompensation
19332000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
17746000 USD
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.65
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.54
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0197
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0187
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3804983 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4049037 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11700000 USD
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
50000000 USD
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
244054 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
55.65
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
72.71
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
502450000 USD
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4572952 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4260187 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
75.09
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
71.33
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
502450000 USD
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
4260187 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
75.09
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
244054 shares
CY2013Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
70.30
CY2013Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
134.56
CY2013Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y8M19D
CY2013Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P6Y8M19D
CY2013Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
556819 shares
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
812919000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
744673000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
43300000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3300000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
8600000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
43600000 USD
CY2013Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (&#8220;GAAP&#8221;) requires management to make estimates and judgments that affect the amounts reported in the consolidated financial statements and accompanying notes. Significant items subject to such estimates and assumptions include the amortization policy for the streaming content library; the recognition and measurement of income tax assets and liabilities; and the valuation of stock-based compensation. The Company bases its estimates on historical experience and on various other assumptions that the Company believes to be reasonable under the circumstances. Actual results may differ from these estimates.</font></div></div>
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55456000 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60146000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55972000 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55456000 shares
CY2013Q1 nflx Additions To Streaming Content Library
AdditionsToStreamingContentLibrary
591941000 USD
CY2012Q1 nflx Additions To Streaming Content Library
AdditionsToStreamingContentLibrary
764893000 USD
CY2012Q1 nflx Amortization Of Content Library
AmortizationOfContentLibrary
359782000 USD
CY2013Q1 nflx Amortization Of Content Library
AmortizationOfContentLibrary
503977000 USD
CY2013Q1 nflx Amortization Of Dvd Content Library
AmortizationOfDvdContentLibrary
18237000 USD
CY2012Q1 nflx Amortization Of Dvd Content Library
AmortizationOfDvdContentLibrary
20046000 USD
CY2013Q1 nflx Amortization Of Streaming Content Library
AmortizationOfStreamingContentLibrary
485740000 USD
CY2012Q1 nflx Amortization Of Streaming Content Library
AmortizationOfStreamingContentLibrary
339736000 USD
CY2013Q1 nflx Change In Streaming Content Liabilities
ChangeInStreamingContentLiabilities
9700000 USD
CY2012Q1 nflx Change In Streaming Content Liabilities
ChangeInStreamingContentLiabilities
397553000 USD
CY2013Q1 nflx Content Accounts Payable Current
ContentAccountsPayableCurrent
1355010000 USD
CY2012Q4 nflx Content Accounts Payable Current
ContentAccountsPayableCurrent
1366847000 USD
CY2012Q4 nflx Content Accounts Payable Noncurrent
ContentAccountsPayableNoncurrent
1076622000 USD
CY2013Q1 nflx Content Accounts Payable Noncurrent
ContentAccountsPayableNoncurrent
1083427000 USD
CY2013Q1 nflx Content Library Accumulated Amortization
ContentLibraryAccumulatedAmortization
2408502000 USD
CY2012Q4 nflx Content Library Accumulated Amortization
ContentLibraryAccumulatedAmortization
2127354000 USD
CY2012Q4 nflx Content Library Gross
ContentLibraryGross
5001524000 USD
CY2013Q1 nflx Content Library Gross
ContentLibraryGross
5376681000 USD
CY2013Q1 nflx Content Library Net
ContentLibraryNet
2968179000 USD
CY2012Q4 nflx Content Library Net
ContentLibraryNet
2874170000 USD
CY2013Q1 nflx Content Library Net Current
ContentLibraryNetCurrent
1391505000 USD
CY2012Q4 nflx Content Library Net Current
ContentLibraryNetCurrent
1368162000 USD
CY2013Q1 nflx Content Library Net Noncurrent
ContentLibraryNetNoncurrent
1576674000 USD
CY2012Q4 nflx Content Library Net Noncurrent
ContentLibraryNetNoncurrent
1506008000 USD
CY2013Q1 nflx Deferred Tax Assets Other Current Assets
DeferredTaxAssetsOtherCurrentAssets
11600000 USD
CY2012Q4 nflx Deferred Tax Assets Other Current Assets
DeferredTaxAssetsOtherCurrentAssets
11000000 USD
CY2013Q1 nflx Deferred Tax Assets Other Non Current Assets
DeferredTaxAssetsOtherNonCurrentAssets
63200000 USD
CY2012Q4 nflx Deferred Tax Assets Other Non Current Assets
DeferredTaxAssetsOtherNonCurrentAssets
56900000 USD
CY2012Q1 nflx Number Of Subscriptions At End Of Period
NumberOfSubscriptionsAtEndOfPeriod
0 subscription
CY2013Q1 nflx Number Of Subscriptions At End Of Period
NumberOfSubscriptionsAtEndOfPeriod
0 subscription
CY2013Q1 nflx Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-2584000 USD
CY2013Q1 nflx Payments For Acquisitions Of Content Library
PaymentsForAcquisitionsOfContentLibrary
21193000 USD
CY2012Q1 nflx Payments For Acquisitions Of Content Library
PaymentsForAcquisitionsOfContentLibrary
13528000 USD
CY2013Q1 nflx Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
44000 USD
CY2013Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Employee Groups Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEmployeeGroupsNumber
2 employee_groups
CY2013Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Exercise Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardExercisePeriod
P10Y
nflx Share Based Compensation Arrangement By Share Based Payment Award Exercise Period After Employment Termination
ShareBasedCompensationArrangementByShareBasedPaymentAwardExercisePeriodAfterEmploymentTermination
P1Y
CY2004Q2 nflx Share Based Compensation Arrangement By Share Based Payment Award Exercise Period After Employment Termination
ShareBasedCompensationArrangementByShareBasedPaymentAwardExercisePeriodAfterEmploymentTermination
P3M
CY2012Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Suboptimal Exercise Factor Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsSuboptimalExerciseFactorMaximum
3.65
CY2013Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Suboptimal Exercise Factor Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsSuboptimalExerciseFactorMaximum
3.59
CY2012Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Suboptimal Exercise Factor Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsSuboptimalExerciseFactorMinimum
2.26
CY2013Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Suboptimal Exercise Factor Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsSuboptimalExerciseFactorMinimum
2.33
CY2013Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Exercised In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantExercisedInPeriod
0 shares
CY2012Q4 nflx Unrecorded And Recorded Unconditional Purchase Obligation Amount
UnrecordedAndRecordedUnconditionalPurchaseObligationAmount
5633685000 USD
CY2013Q1 nflx Unrecorded And Recorded Unconditional Purchase Obligation Amount
UnrecordedAndRecordedUnconditionalPurchaseObligationAmount
5672486000 USD
CY2012Q4 nflx Unrecorded And Recorded Unconditional Purchase Obligation Due After Five Years
UnrecordedAndRecordedUnconditionalPurchaseObligationDueAfterFiveYears
78483000 USD
CY2013Q1 nflx Unrecorded And Recorded Unconditional Purchase Obligation Due After Five Years
UnrecordedAndRecordedUnconditionalPurchaseObligationDueAfterFiveYears
63713000 USD
CY2013Q1 nflx Unrecorded And Recorded Unconditional Purchase Obligation Due In Next Twelve Months
UnrecordedAndRecordedUnconditionalPurchaseObligationDueInNextTwelveMonths
2376260000 USD
CY2012Q4 nflx Unrecorded And Recorded Unconditional Purchase Obligation Due In Next Twelve Months
UnrecordedAndRecordedUnconditionalPurchaseObligationDueInNextTwelveMonths
2299562000 USD
CY2012Q4 nflx Unrecorded And Recorded Unconditional Purchase Obligation Due One To Three Years
UnrecordedAndRecordedUnconditionalPurchaseObligationDueOneToThreeYears
2715294000 USD
CY2013Q1 nflx Unrecorded And Recorded Unconditional Purchase Obligation Due One To Three Years
UnrecordedAndRecordedUnconditionalPurchaseObligationDueOneToThreeYears
2696896000 USD
CY2012Q4 nflx Unrecorded And Recorded Unconditional Purchase Obligation Due Three To Five Years
UnrecordedAndRecordedUnconditionalPurchaseObligationDueThreeToFiveYears
540346000 USD
CY2013Q1 nflx Unrecorded And Recorded Unconditional Purchase Obligation Due Three To Five Years
UnrecordedAndRecordedUnconditionalPurchaseObligationDueThreeToFiveYears
535617000 USD
CY2013Q1 dei Amendment Flag
AmendmentFlag
false
CY2013Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2013Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013Q1 dei Document Period End Date
DocumentPeriodEndDate
2013-03-31
CY2013Q1 dei Document Type
DocumentType
10-Q
CY2013Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001065280
CY2013Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
56143986 shares
CY2013Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q1 dei Entity Registrant Name
EntityRegistrantName
NETFLIX INC

Files In Submission

Name View Source Status
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nflx-033113x10qxdoc.htm Edgar Link completed
nflx-20130331.xml Edgar Link completed
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