NetFlix 2004 Annual Report Download - page 66

NETFLIX, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ (DEFICIT) EQUITY AND COMPREHENSIVE INCOME (LOSS)
(in thousands, except share data)
Convertible
Preferred Stock Common Stock Additional
Paid-in
Capital
Deferred
Stock-Based
Compensation
Accumulated
Other
Comprehensive
Income
Accumulated
Deficit
Total
Stock-
holders’
(Deficit)
EquityShares Amount Shares Amount
Balances as of December 31, 2001 6,157,499 $ 6 4,323,710 $ 4 $ 52,414 $ (4,071) $ — $(138,857) $ (90,504)
Netloss ............................................ — — — — — — — (20,948) (20,948)
Net unrealized gains on available-for-sale securities ....... — — — — — — 774 — 774
Comprehensiveloss .................................. (20,174)
Exercise of options ................................... — — 877,676 1 1,286 — — — 1,287
Issuance of common stock under employee stock purchase
plan ............................................. — — 95,492 — 363 — — — 363
Repurchase of restricted stock .......................... — — (3,458) — (6) — — — (6)
Issuance of Series F non-voting preferred stock ............ 3,492,737 4 — — 1,314 — — — 1,318
Issuance of common stock, net of costs ................... — — 12,656,168 13 86,201 — — — 86,214
Conversion of preferred stock into common stock ........... (9,650,236) (10) 6,433,480 7 3 — — — —
Conversion of redeemable convertible preferred stock into
commonstock..................................... — — 19,319,400 19 101,811 — — — 101,830
Issuance of common stock upon exercise of warrants ........ — — 1,189,122 1 195 — — — 196
Deferred stock-based compensation, net .................. — — — — 16,463 (16,463) — — —
Stock-based compensation expense ...................... — — — — — 8,832 — — 8,832
Balances as of December 31, 2002 ......................... — — 44,891,590 45 260,044 (11,702) 774 (159,805) 89,356
Netincome ......................................... — — — — — — — 6,512 6,512
Net unrealized losses on available-for-sale securities ...... — — — — — — (178) — (178)
Comprehensiveincome ............................... 6,334
Exercise of options ................................... — — 2,657,934 3 4,938 — — — 4,941
Issuance of common stock under employee stock purchase
plan ............................................. — — 345,112 — 1,358 — — — 1,358
Issuance of common stock upon exercise of warrants ........ — — 2,954,734 3 (3) — — — —
Deferred stock-based compensation, net .................. — — — — 1,067 (1,067) — — —
Stock-based compensation expense ...................... — — — — 3,432 7,287 — — 10,719
Balances as of December 31, 2003 ......................... — — 50,849,370 51 270,836 (5,482) 596 (153,293) 112,708
Netincome ......................................... — — — — — — — 21,595 21,595
Net unrealized losses on available-for-sale securities ...... — — — — — — (870) — (870)
Reclassification adjustment for realized losses included in
netincome ..................................... — — — — — — 274 — 274
Cumulative translation adjustment ..................... — — — — — — (222) — (222)
Comprehensiveincome ............................... — — — — — — — — 20,777
Exercise of options ................................... — — 1,298,308 1 3,721 — — — 3,722
Issuance of common stock under employee stock purchase
plan ............................................. — — 495,455 1 2,312 — — — 2,313
Issuance of common stock upon exercise of warrants ........ — — 88,892 — — — — — —
Deferred stock-based compensation, net .................. — — — — 3,815 (3,815) — — —
Stock-based compensation expense ...................... — — — — 11,983 4,604 — — 16,587
Stock option income tax benefits ........................ — — — — 176 — — — 176
Balances as of December 31, 2004 ......................... — $— 52,732,025 $ 53 $292,843 $ (4,693) $(222) $(131,698) $156,283
See accompanying notes to consolidated financial statements.
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