NetFlix 2004 Annual Report Download - page 86

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NETFLIX, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
(in thousands, except share, per share and percentages)
11. Selected Quarterly Financial Data (Unaudited)
Quarter Ended
March 31 June 30 September 30 December 31
2003
Totalrevenues...................................... $ 55,669 $ 63,187 $ 72,202 $ 81,185
Grossprofit ........................................ $ 25,662 $ 27,946 $ 33,554 $ 36,721
Netincome(loss) ................................... $ (2,375) $ 3,313 $ 3,303 $ 2,271
Net income (loss) per share (1):
Basic ......................................... $ (0.05) $ 0.07 $ 0.07 $ 0.05
Diluted ....................................... $ (0.05) $ 0.05 $ 0.05 $ 0.04
Subscribers at end of period ........................... 1,052 1,147 1,291 1,487
2004
Totalrevenues...................................... $100,370 $120,321 $141,644 $143,893
Grossprofit ........................................ $ 43,743 $ 50,533 $ 70,043 $ 65,451
Netincome(loss) ................................... $ (5,790) $ 2,891 $ 18,925 $ 5,569
Net income (loss) per share:
Basic ......................................... $ (0.11) $ 0.06 $ 0.36 $ 0.11
Diluted ....................................... $ (0.11) $ 0.04 $ 0.29 $ 0.09
Subscribers at end of period ........................... 1,932 2,093 2,229 2,610
(1) Amounts have been restated to reflect a two-for-one stock split in the form of a stock dividend to each
stockholder of record as of February 2, 2004.
F-26