NetFlix 2005 Annual Report Download - page 67

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NETFLIX, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE INCOME
(in thousands, except share data)
Common Stock Additional
Paid-in
Capital
Deferred
Stock-Based
Compensation
Accumulated
Other
Comprehensive
Income
Accumulated
Deficit
Total
Stock-
holders’
EquityShares Amount
Balances as of December 31, 2002 ................................... 44,891,590 $ 45 $260,044 $(11,702) $ 774 $(159,805) $ 89,356
Net income .................................................... — — — — — 6,512 6,512
Net unrealized losses on available-for-sale securities ................. — — — — (178) — (178)
Comprehensive income .......................................... 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
Net income .................................................... — — — — — 21,595 21,595
Net unrealized losses on available-for-sale securities ................. — — — — (870) — (870)
Reclassification adjustment for realized losses included in net income . . . — — — — 274 — 274
Cumulative translation adjustment ............................... — — — — (222) — (222)
Comprehensive income .......................................... 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
Net income .................................................... — — — — — 42,027 42,027
Reclassification adjustment for cumulative translation adjustment ...... — — — — 222 — 222
Comprehensive income ........................................ 42,249
Exercise of options ........................................... 1,629,115 2 10,117 — — — 10,119
Issuance of common stock under employee stock purchase plan .......... 349,229 — 2,824 — — — 2,824
Issuance of common stock upon exercise of warrants .................. 45,362 — 450 — — — 450
Deferred stock-based compensation, net ............................. — — 226 (226) — — —
Stock-based compensation expense ................................ — — 10,734 3,593 — — 14,327
Balances as of December 31, 2005 ................................... 54,755,731 $ 55 $317,194 $ (1,326) $ — $ (89,671) $226,252
See accompanying notes to consolidated financial statements.
F-7