2012 Q1 Form 10-Q Financial Statement

#000144530512001242 Filed on April 27, 2012

View on sec.gov

Income Statement

Concept 2012 Q1 2011 Q1
Revenue $869.8M $718.6M
YoY Change 21.05% 45.54%
Cost Of Revenue $623.9M $438.2M
YoY Change 42.4% 42.63%
Gross Profit $245.9M $280.4M
YoY Change -12.32% 50.35%
Gross Profit Margin 28.27% 39.02%
Selling, General & Admin $165.0M $127.3M
YoY Change 29.65% 37.71%
% of Gross Profit 67.11% 45.38%
Research & Development $82.80M $50.91M
YoY Change 62.66% 36.11%
% of Gross Profit 33.68% 18.15%
Depreciation & Amortization $371.1M $122.7M
YoY Change 202.44% 67.62%
% of Gross Profit 150.94% 43.76%
Operating Expenses $247.8M $178.2M
YoY Change 39.08% 37.25%
Operating Profit -$1.935M $102.2M
YoY Change -101.89% 80.35%
Interest Expense $4.974M $4.865M
YoY Change 2.24% -221.63%
% of Operating Profit 4.76%
Other Income/Expense, Net -$5.090M -$4.000M
YoY Change 27.25%
Pretax Income -$7.025M $98.24M
YoY Change -107.15% 80.59%
Income Tax -$2.441M $38.01M
% Of Pretax Income 38.69%
Net Earnings -$4.584M $60.23M
YoY Change -107.61% 86.48%
Net Earnings / Revenue -0.53% 8.38%
Basic Earnings Per Share -$0.08 $1.14
Diluted Earnings Per Share -$0.08 $1.11
COMMON SHARES
Basic Shares Outstanding 55.46M shares 52.76M shares
Diluted Shares Outstanding 55.46M shares 54.25M shares

Balance Sheet

Concept 2012 Q1 2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $805.0M $343.0M
YoY Change 134.69% 28.95%
Cash & Equivalents $396.0M $150.4M
Short-Term Investments $409.0M $192.0M
Other Short-Term Assets $45.76M $109.0M
YoY Change -58.02% 87.93%
Inventory
Prepaid Expenses
Receivables $1.155B $266.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.059B $717.0M
YoY Change 187.13% 88.68%
LONG-TERM ASSETS
Property, Plant & Equipment $128.2M $135.0M
YoY Change -5.04% 6.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $67.25M $40.00M
YoY Change 68.12% 25.0%
Total Long-Term Assets $1.422B $373.0M
YoY Change 281.16% 39.18%
TOTAL ASSETS
Total Short-Term Assets $2.059B $717.0M
Total Long-Term Assets $1.422B $373.0M
Total Assets $3.480B $1.090B
YoY Change 219.31% 68.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $83.12M $301.0M
YoY Change -72.39% 189.42%
Accrued Expenses $49.11M $44.00M
YoY Change 11.6% 12.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.000M
YoY Change 0.0%
Total Short-Term Liabilities $1.447B $490.0M
YoY Change 195.24% 100.0%
LONG-TERM LIABILITIES
Long-Term Debt $400.0M $234.0M
YoY Change 70.94% -0.85%
Other Long-Term Liabilities $62.20M $91.00M
YoY Change -31.65% 333.33%
Total Long-Term Liabilities $62.20M $325.0M
YoY Change -80.86% 26.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.447B $490.0M
Total Long-Term Liabilities $62.20M $325.0M
Total Liabilities $2.817B $814.0M
YoY Change 246.08% 62.15%
SHAREHOLDERS EQUITY
Retained Earnings $418.3M
YoY Change
Common Stock $243.5M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $663.4M $276.0M
YoY Change
Total Liabilities & Shareholders Equity $3.480B $1.090B
YoY Change 219.31% 68.21%

Cashflow Statement

Concept 2012 Q1 2011 Q1
OPERATING ACTIVITIES
Net Income -$4.584M $60.23M
YoY Change -107.61% 86.48%
Depreciation, Depletion And Amortization $371.1M $122.7M
YoY Change 202.44% 67.62%
Cash From Operating Activities $19.11M $116.3M
YoY Change -83.57% 50.68%
INVESTING ACTIVITIES
Capital Expenditures $4.766M $16.32M
YoY Change -70.8% -137.69%
Acquisitions
YoY Change
Other Investing Activities -$1.334M -$1.419M
YoY Change -5.99% -156.76%
Cash From Investing Activities -$135.8M -$73.68M
YoY Change 84.35% 80.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$1.224M $101.9M
YoY Change -101.2%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $4.032M -$86.73M
YoY Change -104.65% -4.38%
NET CHANGE
Cash From Operating Activities $19.11M $116.3M
Cash From Investing Activities -$135.8M -$73.68M
Cash From Financing Activities $4.032M -$86.73M
Net Change In Cash -$112.7M -$44.08M
YoY Change 155.62% -18.82%
FREE CASH FLOW
Cash From Operating Activities $19.11M $116.3M
Capital Expenditures $4.766M $16.32M
Free Cash Flow $14.34M $100.0M
YoY Change -85.66% -17.01%

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ProceedsFromIssuanceOfCommonStock
6762000 USD
CY2011Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
650000 USD
CY2012Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
8275000 USD
CY2012Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
172335000 USD
CY2011Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
14961000 USD
CY2012Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1200000 USD
CY2011Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6800000 USD
CY2011Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
306038000 USD
CY2012Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
306284000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
136353000 USD
CY2012Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
128197000 USD
CY2012Q1 us-gaap Reclassifications
Reclassifications
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;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 current period presentation. These reclassifications did not impact total assets, total liabilities, stockholders&#8217; equity, results of operations or cash flows.</font></div></div>
CY2012Q1 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
-200000000 USD
CY2011Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
-200000000 USD
CY2011Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
501000 USD
CY2012Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
559000 USD
CY2012Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
82801000 USD
CY2011Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
50905000 USD
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4496000 USD
CY2012Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4868000 USD
CY2012Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
4900000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
422930000 USD
CY2012Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
418346000 USD
CY2012Q1 us-gaap Retention Payable
RetentionPayable
3684070000 USD
CY2012Q1 us-gaap Retention Payable Due Five Years Or More
RetentionPayableDueFiveYearsOrMore
74155000 USD
CY2012Q1 us-gaap Retention Payable Due One Year Or Less
RetentionPayableDueOneYearOrLess
729628000 USD
CY2011Q1 us-gaap Revenues
Revenues
718553000 USD
CY2012Q1 us-gaap Revenues
Revenues
869791000 USD
CY2011Q4 us-gaap Senior Long Term Notes
SeniorLongTermNotes
200000000 USD
CY2012Q1 us-gaap Senior Long Term Notes
SeniorLongTermNotes
200000000 USD
CY2012Q1 us-gaap Share Based Compensation
ShareBasedCompensation
19332000 USD
CY2011Q1 us-gaap Share Based Compensation
ShareBasedCompensation
12264000 USD
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2011Q1 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
CY2011Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.52
CY2011Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0342
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0197
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
7013508 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
5505468 shares
CY2011Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
44100000 USD
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11700000 USD
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
10.47
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
48 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
35.95
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
347367 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
97.75
CY2011Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
109.21
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
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
183361000 USD
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2957754 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3188057 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
72.04
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
66.59
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
183361000 USD
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
3188057 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
72.04
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm
6.61 Y
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
347367 shares
CY2012Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
6.61 Y
CY2012Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
117016 shares
CY2010Q2 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
300000000 USD
CY2012Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
41000000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
642810000 USD
CY2012Q1 us-gaap Stockholders Equity
StockholdersEquity
663402000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
28100000 USD
CY2012Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2600000 USD
CY2012Q1 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
1400000 USD
CY2012Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
23300000 USD
CY2012Q1 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 of the Company&#8217;s content library; the valuation of stock-based compensation; and the recognition and measurement of income tax assets and liabilities. The Company bases its estimates on historical experience and on various other assumptions that the Company believes to be reasonable under the circumstances. The actual results experienced by the Company may differ from management&#8217;s estimates.</font></div></div>
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55456000 shares
CY2011Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54246000 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55456000 shares
CY2011Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52759000 shares
CY2012Q1 nflx Additions To Streaming Content Library
AdditionsToStreamingContentLibrary
764893000 USD
CY2011Q1 nflx Additions To Streaming Content Library
AdditionsToStreamingContentLibrary
192307000 USD
CY2012Q1 nflx Amortization Of Dvd Content Library
AmortizationOfDvdContentLibrary
20046000 USD
CY2011Q1 nflx Amortization Of Dvd Content Library
AmortizationOfDvdContentLibrary
26990000 USD
CY2012Q1 nflx Amortization Of Streaming Content Library
AmortizationOfStreamingContentLibrary
339736000 USD
CY2011Q1 nflx Amortization Of Streaming Content Library
AmortizationOfStreamingContentLibrary
85937000 USD
CY2012Q1 nflx Change In Streaming Content Liabilities
ChangeInStreamingContentLiabilities
397553000 USD
CY2011Q1 nflx Change In Streaming Content Liabilities
ChangeInStreamingContentLiabilities
84048000 USD
CY2011Q4 nflx Content Accounts Payable Current
ContentAccountsPayableCurrent
935036000 USD
CY2012Q1 nflx Content Accounts Payable Current
ContentAccountsPayableCurrent
1163839000 USD
CY2011Q4 nflx Content Accounts Payable Noncurrent
ContentAccountsPayableNoncurrent
739628000 USD
CY2012Q1 nflx Content Accounts Payable Noncurrent
ContentAccountsPayableNoncurrent
908188000 USD
CY2011Q4 nflx Content Liabilities
ContentLiabilities
1674664000 USD
CY2012Q1 nflx Content Liabilities
ContentLiabilities
2072027000 USD
CY2011Q4 nflx Content Library Accumulated Amortization
ContentLibraryAccumulatedAmortization
1184796000 USD
CY2012Q1 nflx Content Library Accumulated Amortization
ContentLibraryAccumulatedAmortization
1365110000 USD
CY2012Q1 nflx Content Library Gross
ContentLibraryGross
3746827000 USD
CY2011Q4 nflx Content Library Gross
ContentLibraryGross
3151439000 USD
CY2012Q1 nflx Content Library Net
ContentLibraryNet
2381717000 USD
CY2011Q4 nflx Content Library Net
ContentLibraryNet
1966643000 USD
CY2012Q1 nflx Content Library Net Current
ContentLibraryNetCurrent
1155443000 USD
CY2011Q4 nflx Content Library Net Current
ContentLibraryNetCurrent
919709000 USD
CY2011Q4 nflx Content Library Net Noncurrent
ContentLibraryNetNoncurrent
1046934000 USD
CY2012Q1 nflx Content Library Net Noncurrent
ContentLibraryNetNoncurrent
1226274000 USD
CY2011Q1 nflx Cost Of Revenues And Marketing Expenses
CostOfRevenuesAndMarketingExpenses
542410000 USD
CY2012Q1 nflx Cost Of Revenues And Marketing Expenses
CostOfRevenuesAndMarketingExpenses
759833000 USD
CY2011Q1 nflx Fulfillment Expense
FulfillmentExpense
61159000 USD
CY2012Q1 nflx Fulfillment Expense
FulfillmentExpense
59918000 USD
CY2011Q1 nflx Gross Profit Net Of Marketing Expenses
GrossProfitNetOfMarketingExpenses
176143000 USD
CY2012Q1 nflx Gross Profit Net Of Marketing Expenses
GrossProfitNetOfMarketingExpenses
109958000 USD
CY2012Q1 nflx Increase Decrease In Content Library
IncreaseDecreaseInContentLibrary
415100000 USD
CY2012Q1 nflx Increase In Content Accounts Payable And Non Current Content Liabilities
IncreaseInContentAccountsPayableAndNonCurrentContentLiabilities
397400000 USD
CY2012Q1 nflx License Agreement Payment Terms Maximum
LicenseAgreementPaymentTermsMaximum
5 Y
CY2012Q1 nflx License Agreement Payment Terms Minimum
LicenseAgreementPaymentTermsMinimum
6 M
CY2011Q1 nflx Number Of Unique Subscribers At End Of Period
NumberOfUniqueSubscribersAtEndOfPeriod
23600000
CY2012Q1 nflx Number Of Unique Subscribers At End Of Period
NumberOfUniqueSubscribersAtEndOfPeriod
0
CY2012Q1 nflx Payments For Acquisitions Of Content Library
PaymentsForAcquisitionsOfContentLibrary
13528000 USD
CY2011Q1 nflx Payments For Acquisitions Of Content Library
PaymentsForAcquisitionsOfContentLibrary
22119000 USD
CY2012Q1 nflx Retention Payable Due One To Three Years
RetentionPayableDueOneToThreeYears
2374734000 USD
CY2012Q1 nflx Retention Payable Due Three To Five Years
RetentionPayableDueThreeToFiveYears
505553000 USD
CY2012Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Suboptimal Exercise Factor Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsSuboptimalExerciseFactorMaximum
3.65
CY2011Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Suboptimal Exercise Factor Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsSuboptimalExerciseFactorMaximum
3.39
CY2011Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Suboptimal Exercise Factor Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsSuboptimalExerciseFactorMinimum
2.17
CY2012Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Suboptimal Exercise Factor Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsSuboptimalExerciseFactorMinimum
2.26
CY2012Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Exercised In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantExercisedInPeriod
0 shares
CY2012Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantExpirationsInPeriod
1160721 shares
CY2012Q1 nflx Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantForfeituresInPeriod
48 shares
CY2012Q1 dei Amendment Flag
AmendmentFlag
false
CY2012Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2012Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2012Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012Q1 dei Document Period End Date
DocumentPeriodEndDate
2012-03-31
CY2012Q1 dei Document Type
DocumentType
10-Q
CY2012Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001065280
CY2012Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
55515631 shares
CY2012Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q1 dei Entity Registrant Name
EntityRegistrantName
NETFLIX INC

Files In Submission

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