NetFlix 2008 Annual Report Download - page 54

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NETFLIX, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE INCOME
(in thousands, except share data)
Additional
Paid-in
Capital
Treasury
Stock
Accumulated
Other
Comprehensive
Income
Retained Earnings
(Accumulated
Deficit)
Total
Stockholders’
Equity
Common Stock
Shares Amount
Balances as of December 31, 2005 ................................... 54,755,731 $ 55 $315,868 $ — $ — $ (90,021) $ 225,902
Net income and comprehensive income ............................. — — — — — 48,839 48,839
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 $ — $ — $ (41,182) $ 413,618
Net income ................................................... — — — — — 66,608 66,608
Net unrealized gains on available-for-sale securities, net of tax ........ — — — — 1,611 — 1,611
Comprehensive income .......................................... — — — — — — 68,219
Exercise of options ............................................. 828,824 — 5,822 — — — 5,822
Issuance of common stock under employee stock purchase plan .......... 205,416 — 3,787 — — — 3,787
Repurchases and retirement of common stock ........................ (4,733,788) (4) (99,854) — (99,858)
Stock-based compensation expense ................................ — — 11,976 — — — 11,976
Stock option income tax benefits .................................. — — 26,248 — — — 26,248
Balances as of December 31, 2007 ................................... 64,912,915 $ 65 $402,710 $ — $ 1,611 $ 25,426 $ 429,812
Net income ................................................... — — — — — 83,026 83,026
Net unrealized loss on available-for-sale securities, net of tax .......... — — — — (1,527) — (1,527)
Comprehensive income .......................................... — — — — — — 81,499
Exercise of options ............................................. 1,056,641 — 14,019 — — — 14,019
Issuance of common stock under employee stock purchase plan .......... 231,068 — 4,853 — — — 4,853
Repurchases and retirement of common stock ........................ (3,847,062) (3) (99,881) — — — (99,884)
Repurchases of common stock to be held as treasury stock .............. (3,491,084) — — (100,020) — — (100,020)
Stock-based compensation expense ................................ — — 12,264 — — — 12,264
Stock option income tax benefits .................................. — — 4,612 — — — 4,612
Balances as of December 31, 2008 ................................... 58,862,478 $ 62 $338,577 $(100,020) $ 84 $108,452 $ 347,155
See accompanying notes to consolidated financial statements.
F-5