$SSTK
Shutterstock, Inc. Stock $sstk

$sstk Overview Financials Valuation SEC Filings Company Website

2014 Q1 Form 10-Q Financial Statement

#000110465914037047 Filed on May 09, 2014

Income Statement

Concept	2014 Q1	2013 Q4	2013 Q1
Revenue	$72.78M	$68.03M	$51.12M
YoY Change	42.37%	38.4%	36.04%
Cost Of Revenue	$29.11M	$26.10M	$19.82M
YoY Change	46.87%	38.88%	37.75%
Gross Profit	$43.67M	$41.93M	$31.30M
YoY Change	39.52%	38.09%	34.98%
Gross Profit Margin	60.0%	61.63%	61.22%
Selling, General & Admin	$26.81M	$22.97M	$16.76M
YoY Change	60.01%	5.71%	4.92%
% of Gross Profit	61.41%	54.79%	53.55%
Research & Development	$7.777M	$6.464M	$4.555M
YoY Change	70.74%	13.9%	33.23%
% of Gross Profit	17.81%	15.42%	14.55%
Depreciation & Amortization	$1.551M	$1.200M	$779.0K
YoY Change	99.1%	71.43%	47.54%
% of Gross Profit	3.55%	2.86%	2.49%
Operating Expenses	$34.59M	$29.44M	$21.31M
YoY Change	62.3%	7.41%	9.91%
Operating Profit	$9.074M	$12.49M	$9.983M
YoY Change	-9.11%	322.49%	163.13%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	$46.00K	$24.00K	-$12.00K
YoY Change	-483.33%	-148.98%	-500.0%
Pretax Income	$9.120M	$12.52M	$9.971M
YoY Change	-8.53%	330.43%	162.6%
Income Tax	$4.203M	$4.660M	$4.406M
% Of Pretax Income	46.09%	37.23%	44.19%
Net Earnings	$4.917M	$7.900M	$5.600M
YoY Change	-12.2%	-72.76%	51.35%
Net Earnings / Revenue	6.76%	11.61%	10.96%
Basic Earnings Per Share	$0.14	$0.22	$0.17
Diluted Earnings Per Share	$0.14	$0.22	$0.16
COMMON SHARES
Basic Shares Outstanding	35.03M shares	34.94M shares	33.40M shares
Diluted Shares Outstanding	35.84M shares	35.62M shares	33.85M shares

Balance Sheet

Concept	2014 Q1	2013 Q4	2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$213.0M	$209.8M	$107.0M
YoY Change	99.04%	105.47%
Cash & Equivalents	$158.0M	$155.4M	$107.0M
Short-Term Investments	$54.99M	$54.43M
Other Short-Term Assets	$26.40M	$25.20M	$22.90M
YoY Change	15.28%	21.15%
Inventory
Prepaid Expenses
Receivables	$8.143M	$6.081M	$2.618M
Other Receivables	$3.100M	$2.100M	$2.200M
Total Short-Term Assets	$250.5M	$243.2M	$134.7M
YoY Change	85.94%	93.04%
LONG-TERM ASSETS
Property, Plant & Equipment	$25.80M	$20.26M	$5.660M
YoY Change	355.8%	285.46%
Goodwill	$10.19M	$1.423M	$1.423M
YoY Change	615.81%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$2.095M	$2.048M	$14.90M
YoY Change	-85.94%	1025.27%
Total Long-Term Assets	$56.21M	$35.30M	$22.97M
YoY Change	144.78%	66.99%
TOTAL ASSETS
Total Short-Term Assets	$250.5M	$243.2M	$134.7M
Total Long-Term Assets	$56.21M	$35.30M	$22.97M
Total Assets	$306.8M	$278.5M	$157.7M
YoY Change	94.51%	89.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.446M	$4.164M	$2.792M
YoY Change	95.06%	59.79%
Accrued Expenses	$19.00M	$23.64M	$14.37M
YoY Change	32.21%	51.47%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change		-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$98.09M	$91.93M	$73.29M
YoY Change	33.83%	32.67%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$9.552M	$3.961M	$871.0K
YoY Change	996.67%	345.56%
Total Long-Term Liabilities	$9.552M	$3.961M	$871.0K
YoY Change	996.67%	345.56%
TOTAL LIABILITIES
Total Short-Term Liabilities	$98.09M	$91.93M	$73.29M
Total Long-Term Liabilities	$9.552M	$3.961M	$871.0K
Total Liabilities	$107.6M	$95.89M	$74.16M
YoY Change	45.14%	36.63%
SHAREHOLDERS EQUITY
Retained Earnings	$59.71M	$54.80M	$33.88M
YoY Change	76.24%	93.51%
Common Stock	$139.4M	$127.8M	$49.67M
YoY Change	180.65%	162.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$199.1M	$182.6M	$83.55M
YoY Change
Total Liabilities & Shareholders Equity	$306.8M	$278.5M	$157.7M
YoY Change	94.51%	89.3%

Cashflow Statement

Concept	2014 Q1	2013 Q4	2013 Q1
OPERATING ACTIVITIES
Net Income	$4.917M	$7.900M	$5.600M
YoY Change	-12.2%	-72.76%	51.35%
Depreciation, Depletion And Amortization	$1.551M	$1.200M	$779.0K
YoY Change	99.1%	71.43%	47.54%
Cash From Operating Activities	$15.60M	$23.90M	$13.80M
YoY Change	13.04%	89.68%	40.82%
INVESTING ACTIVITIES
Capital Expenditures	-$10.90M	-$9.300M	$1.127M
YoY Change	-1067.17%	1450.0%	-14.17%
Acquisitions
YoY Change
Other Investing Activities	-$10.70M	-$54.20M	-$1.800M
YoY Change	494.44%	27000.0%
Cash From Investing Activities	-$21.50M	-$63.50M	-$2.900M
YoY Change	641.38%	6955.56%	93.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	8.500M	-600.0K	-6.000M
YoY Change	-241.67%	-100.98%	-28.57%
NET CHANGE
Cash From Operating Activities	15.60M	23.90M	13.80M
Cash From Investing Activities	-21.50M	-63.50M	-2.900M
Cash From Financing Activities	8.500M	-600.0K	-6.000M
Net Change In Cash	2.600M	-40.20M	4.900M
YoY Change	-46.94%	-154.92%	-5000.0%
FREE CASH FLOW
Cash From Operating Activities	$15.60M	$23.90M	$13.80M
Capital Expenditures	-$10.90M	-$9.300M	$1.127M
Free Cash Flow	$26.50M	$33.20M	$12.67M
YoY Change	109.11%	151.52%	49.32%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	6379000	USD
CY2013Q4	sstk	Accrued Royalty Tax Withholdings Current AccruedRoyaltyTaxWithholdingsCurrent	5305000	USD
CY2013Q4	us-gaap	Construction Payable Current ConstructionPayableCurrent	4501000	USD
CY2013Q4	sstk	Accrued Nonincome Taxes Current AccruedNonincomeTaxesCurrent	3994000	USD
CY2013Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	605000	USD
CY2013Q4	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	475000	USD
CY2013Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	2379000	USD
CY2013Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	23638000	USD
CY2014Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.461	pure
CY2013Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.442	pure
CY2013Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.044	pure
CY2013Q1	sstk	Effective Income Tax Rate Before Adjustments Of State And Local Income Taxes EffectiveIncomeTaxRateBeforeAdjustmentsOfStateAndLocalIncomeTaxes	0.398	pure
CY2014Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.062	pure
CY2014Q1	sstk	Accrued Royalty Tax Withholdings Current AccruedRoyaltyTaxWithholdingsCurrent	5433000	USD
CY2014Q1	us-gaap	Construction Payable Current ConstructionPayableCurrent	945000	USD
CY2014Q1	sstk	Effective Income Tax Rate Before Adjustments Of State And Local Income Taxes EffectiveIncomeTaxRateBeforeAdjustmentsOfStateAndLocalIncomeTaxes	0.399	pure
CY2014Q1	us-gaap	Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions	1500000	USD
CY2014Q1	sstk	Accrued Nonincome Taxes Current AccruedNonincomeTaxesCurrent	4204000	USD
CY2014Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	487000	USD
CY2014Q1	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	729000	USD
CY2013	us-gaap	Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions	1500000	USD
CY2014Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	18999000	USD
CY2014Q1	us-gaap	Goodwill Goodwill	10186000	USD
CY2014Q1	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	8763000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	5640000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	923000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	4717000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1729000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	876000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	853000	USD
CY2014Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	47000	USD
CY2013Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	56000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	499000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	666000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	666000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	666000	USD
CY2014Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	4267000	USD
CY2014Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	7865000	USD
CY2013Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	7109000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	25798000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	20256000	USD
CY2014Q1	us-gaap	Depreciation Depreciation	1504000	USD
CY2014Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2934000	USD
CY2013Q1	us-gaap	Depreciation Depreciation	723000	USD
CY2014Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	367000	USD
CY2013Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	666000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	1554000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	33663000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	27365000	USD
CY2014Q1	us-gaap	Defined Contribution Plan Employer Matching Contribution Percent DefinedContributionPlanEmployerMatchingContributionPercent	0.03	pure
CY2014Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	22000	USD
CY2013Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	9000	USD
CY2014Q1	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	209000	USD
CY2013Q1	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	139000	USD
CY2014Q1	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	1192000	USD
CY2013Q1	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	498000	USD
CY2014Q1	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	1829000	USD
CY2014Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1829000	USD
CY2013Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1829000	USD
CY2014Q1	us-gaap	Lessee Leasing Arrangements Operating Leases Term Of Contract LesseeLeasingArrangementsOperatingLeasesTermOfContract	P11Y
CY2014Q1	us-gaap	Accrued Royalties Current AccruedRoyaltiesCurrent	10942000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	38200000	USD
CY2014Q1	us-gaap	Long Term Purchase Commitment Amount LongTermPurchaseCommitmentAmount	0	USD
CY2014Q1	us-gaap	Unrecorded Unconditional Purchase Obligation Balance Sheet Amount UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount	10522000	USD
CY2013Q4	us-gaap	Unrecorded Unconditional Purchase Obligation Balance Sheet Amount UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount	5864000	USD
CY2014Q1	us-gaap	Unrecorded Unconditional Purchase Obligation Due In Remainder Of Fiscal Year UnrecordedUnconditionalPurchaseObligationDueInRemainderOfFiscalYear	4668000	USD
CY2014Q1	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary	4447000	USD
CY2014Q1	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary	1343000	USD
CY2014Q1	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary	64000	USD
CY2013Q4	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On First Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary	3454000	USD
CY2013Q4	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary	1845000	USD
CY2013Q4	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary	565000	USD
CY2014Q1	sstk	Maximum Indemnification Obligation And Liability Per Customer MaximumIndemnificationObligationAndLiabilityPerCustomer	10000	USD
CY2014Q1	sstk	Indemnification Liability IndemnificationLiability	0	USD
CY2013Q4	sstk	Indemnification Liability IndemnificationLiability	0	USD
CY2014Q1	sstk	Chargeback And Sales Refund Allowance ChargebackAndSalesRefundAllowance	470000	USD
CY2013Q4	sstk	Chargeback And Sales Refund Allowance ChargebackAndSalesRefundAllowance	425000	USD
CY2014Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	179883	shares
CY2013Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	53750	shares
CY2014Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2088181	shares
CY2013Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1837251	shares
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	33398797	shares
CY2013Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	442258	shares
CY2014Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Use of Estimates</font></i></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company’s management to make a number of estimates and assumptions relating to the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the period. The Company evaluates its significant estimates on an ongoing basis, including, but not limited to allowance for doubtful accounts, sales refund reserve, goodwill, intangibles, non-cash equity-based compensation, income tax provision and for certain non-income tax accruals. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates.</font></p> </div>
CY2012Q4	sstk	Number Of Shares Of Stock Exchanged Upon Reorganization NumberOfSharesOfStockExchangedUponReorganization	28338281	shares
CY2013Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	54431000	USD
CY2014Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35027480	shares
CY2014Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	705980	shares
CY2013	us-gaap	Available For Sale Debt Securities Gross Unrealized Loss AvailableForSaleDebtSecuritiesGrossUnrealizedLoss	2000	USD
CY2014Q1	sstk	Incremental Common Shares Attributable To Unvested Restricted Stock Awards IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards	105393	shares
CY2013Q1	sstk	Incremental Common Shares Attributable To Unvested Restricted Stock Awards IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards	10788	shares
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	33851843	shares
CY2014Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	35838853	shares
CY2014Q1	sstk	Number Of Subscription Or Usage Based Plans NumberOfSubscriptionOrUsageBasedPlans	3	item
CY2013Q4	us-gaap	Available For Sale Securities Debt Securities Current AvailableForSaleSecuritiesDebtSecuritiesCurrent	54429000	USD
CY2014Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	54997000	USD
CY2014Q1	us-gaap	Available For Sale Debt Securities Gross Unrealized Loss AvailableForSaleDebtSecuritiesGrossUnrealizedLoss	3000	USD
CY2014Q1	us-gaap	Available For Sale Securities Debt Securities Current AvailableForSaleSecuritiesDebtSecuritiesCurrent	54994000	USD
CY2014Q1	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	72777000	USD
CY2013Q1	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	51117000	USD
CY2014Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1845000	USD
CY2014Q1	us-gaap	Liabilities Current LiabilitiesCurrent	98087000	USD
CY2013Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	2846000	USD
CY2014Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3137000	USD
CY2013Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1016000	USD
CY2014Q1	dei	Entity Registrant Name EntityRegistrantName	Shutterstock, Inc.
CY2014Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001549346
CY2014Q1	dei	Document Type DocumentType	10-Q
CY2014Q1	dei	Document Period End Date DocumentPeriodEndDate	2014-03-31
CY2014Q1	dei	Amendment Flag AmendmentFlag	false
CY2014Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2014Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2014Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	157978000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	155355000	USD
CY2014Q1	sstk	Credit Card Receivables Current CreditCardReceivablesCurrent	3012000	USD
CY2013Q4	sstk	Credit Card Receivables Current CreditCardReceivablesCurrent	2083000	USD
CY2014Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	8143000	USD
CY2013Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6081000	USD
CY2014Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	22472000	USD
CY2013Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	19809000	USD
CY2014Q1	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	3948000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	5431000	USD
CY2014Q1	us-gaap	Assets Current AssetsCurrent	250547000	USD
CY2013Q4	us-gaap	Assets Current AssetsCurrent	243188000	USD
CY2014Q1	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	13417000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	10720000	USD
CY2014Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2095000	USD
CY2013Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2048000	USD
CY2014Q1	us-gaap	Assets Assets	306760000	USD
CY2013Q4	us-gaap	Assets Assets	278488000	USD
CY2014Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	5446000	USD
CY2013Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	4164000	USD
CY2013Q4	us-gaap	Accrued Royalties Current AccruedRoyaltiesCurrent	9180000	USD
CY2014Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	60855000	USD
CY2013Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	52100000	USD
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	351000	USD
CY2013Q4	us-gaap	Liabilities Current LiabilitiesCurrent	91928000	USD
CY2014Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	9552000	USD
CY2013Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	3961000	USD
CY2014Q1	us-gaap	Liabilities Liabilities	107639000	USD
CY2013Q4	us-gaap	Liabilities Liabilities	95889000	USD
CY2014Q1	us-gaap	Common Stock Value CommonStockValue	352000	USD
CY2014Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	139035000	USD
CY2013Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	127443000	USD
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	20000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	9000	USD
CY2014Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	59714000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	54796000	USD
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	199121000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	182599000	USD
CY2014Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	306760000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	278488000	USD
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2014Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	35196000	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	35071000	shares
CY2014Q1	us-gaap	Cost Of Services CostOfServices	29108000	USD
CY2013Q1	us-gaap	Cost Of Services CostOfServices	19821000	USD
CY2014Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	19276000	USD
CY2013Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	11978000	USD
CY2014Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	7777000	USD
CY2013Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	4555000	USD
CY2014Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7517000	USD
CY2013Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4780000	USD
CY2014Q1	us-gaap	Costs And Expenses CostsAndExpenses	63678000	USD
CY2013Q1	us-gaap	Costs And Expenses CostsAndExpenses	41134000	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	9099000	USD
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	9983000	USD
CY2014Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	21000	USD
CY2013Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-12000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	9120000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	9971000	USD
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4202000	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4406000	USD
CY2014Q1	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	4918000	USD
CY2013Q1	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	5565000	USD
CY2014Q1	us-gaap	Undistributed Earnings Allocated To Participating Securities UndistributedEarningsAllocatedToParticipatingSecurities	11000	USD
CY2013Q1	us-gaap	Undistributed Earnings Allocated To Participating Securities UndistributedEarningsAllocatedToParticipatingSecurities	19000	USD
CY2014Q1	sstk	Preferred Interest Distributed PreferredInterestDistributed	0	USD
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	4907000	USD
CY2013Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5546000	USD
CY2014Q1	us-gaap	Earnings Per Share Basic Undistributed EarningsPerShareBasicUndistributed	0.14
CY2013Q1	us-gaap	Earnings Per Share Basic Undistributed EarningsPerShareBasicUndistributed	0.17
CY2014Q1	us-gaap	Earnings Per Share Basic Distributed EarningsPerShareBasicDistributed	0.00
CY2014Q1	us-gaap	Earnings Per Share Diluted Undistributed EarningsPerShareDilutedUndistributed	0.14
CY2013Q1	us-gaap	Earnings Per Share Diluted Undistributed EarningsPerShareDilutedUndistributed	0.16
CY2014Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2014Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	4000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	7000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	11000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	4929000	USD
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	5565000	USD
CY2014Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1551000	USD
CY2014Q1	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	367000	USD
CY2014Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-402000	USD
CY2014Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3137000	USD
CY2014Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	6345000	USD
CY2014Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	62000	USD
CY2014Q1	sstk	Chargeback Reserve And Recovery ChargebackReserveAndRecovery	45000	USD
CY2014Q1	sstk	Increase Decrease In Credit Card Receivable IncreaseDecreaseInCreditCardReceivable	928000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2124000	USD
CY2014Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-3693000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	2221000	USD
CY2014Q1	us-gaap	Increase Decrease In Royalties Payable IncreaseDecreaseInRoyaltiesPayable	1762000	USD
CY2014Q1	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	70492000	USD
CY2014Q1	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	69935000	USD
CY2014Q1	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	10056000	USD
CY2014Q1	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	-49000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-21543000	USD
CY2014Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	6345000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	8533000	USD
CY2014Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	4000	USD
CY2014Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	3473000	USD
CY2013Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	779000	USD
CY2013Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1692000	USD
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1016000	USD
CY2013Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	84000	USD
CY2013Q1	sstk	Chargeback Reserve And Recovery ChargebackReserveAndRecovery	20000	USD
CY2013Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	125000	USD
CY2013Q1	sstk	Increase Decrease In Credit Card Receivable IncreaseDecreaseInCreditCardReceivable	845000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	964000	USD
CY2013Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	259000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1069000	USD
CY2013Q1	us-gaap	Increase Decrease In Royalties Payable IncreaseDecreaseInRoyaltiesPayable	1002000	USD
CY2013Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	4626000	USD
CY2013Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	5402000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	13790000	USD
CY2013Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1127000	USD
CY2013Q1	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	-1779000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-2906000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-5967000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	4917000	USD
CY2013Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	53000	USD
CY2013Q1	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	6000000	USD
CY2013Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	20000	USD
CY2013Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	1264000	USD
CY2013Q1	us-gaap	Interest Paid InterestPaid	34000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	102096000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	107013000	USD
CY2014Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	55000	USD

Files In Submission

Name	View Source	Status
0001104659-14-037047-index-headers.html	Edgar Link	pending
0001104659-14-037047-index.html	Edgar Link	pending
0001104659-14-037047.txt	Edgar Link	pending
0001104659-14-037047-xbrl.zip	Edgar Link	pending
a14-9808_110q.htm	Edgar Link	pending
a14-9808_1ex31d1.htm	Edgar Link	pending
a14-9808_1ex31d2.htm	Edgar Link	pending
a14-9808_1ex32d1.htm	Edgar Link	pending
a14-9808_1ex32d2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
sstk-20140331.xml	Edgar Link	completed
sstk-20140331.xsd	Edgar Link	pending
sstk-20140331_cal.xml	Edgar Link	unprocessable
sstk-20140331_def.xml	Edgar Link	unprocessable
sstk-20140331_lab.xml	Edgar Link	unprocessable
sstk-20140331_pre.xml	Edgar Link	unprocessable

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2014 Q1 Form 10-Q Financial Statement

#000110465914037047 Filed on May 09, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SSTK Shutterstock, Inc. Stock $sstk

2014 Q1 Form 10-Q Financial Statement

#000110465914037047 Filed on May 09, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SSTK
Shutterstock, Inc. Stock $sstk