NetFlix 2006 Annual Report Download - page 59
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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
Accumulated
Other
Comprehensive
Income
Accumulated
Deficit
Total
Stockholders’
EquityShares Amount
Balances as of December 31, 2003 ............................................... 50,849,370 $ 51 $265,354 $ 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 — — — — —
Stock-based compensation expense ............................................ — — 16,587 — — 16,587
Stock option income tax benefits .............................................. — — 176 — — 176
Balances as of December 31, 2004 ............................................... 52,732,025 $ 53 $288,150 $(222) $(131,698) $156,283
Net Income ............................................................... — — — — 42,027 42,027
Reclassification adjustment for realized losses included in net income ............... — — — 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
Stock-based compensation expense ............................................ — — 14,327 — — 14,327
Balances as of December 31, 2005 ............................................... 54,755,731 $ 55 $315,868 $ — $ (89,671) $226,252
Net Income and comprehensive income ......................................... — — — — 49,082 49,082
Exercise of options ......................................................... 1,379,012 2 8,372 — — 8,374
Issuance of common stock under employee stock purchase plan ...................... 378,361 — 3,724 — — 3,724
Issuance of common stock upon exercise of warrants .............................. 8,599,359 8 (8) — — —
Issuance of common stock, net of costs ......................................... 3,500,000 4 100,862 — — 100,866
Stock-based compensation expense ............................................ — — 12,696 — — 12,696
Stock option income tax benefits .............................................. — — 13,217 — — 13,217
Balances as of December 31, 2006 ............................................... 68,612,463 $ 69 $454,731 $ — $ (40,589) $414,211
See accompanying notes to consolidated financial statements.
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