NetFlix 2010 Annual Report Download - page 49

NETFLIX, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE INCOME
(in thousands, except share data)
Common Stock Additional
Paid-in
Capital
Treasury
Stock
Accumulated
Other
Comprehensive
Income
Retained
Earnings
Total
Stockholders’
EquityShares Amount
Balances as of December 31, 2007 ........................................ 64,912,915 $ 65 $ 402,710 $ — $ 1,611 $ 25,426 $ 429,812
Net income ........................................................ — — — — — 83,026 83,026
Unrealized gains on available-for-sale securities, net of taxes ............... — — — — (1,527) — (1,527)
Comprehensive income, net of taxes .................................... — — — — — — 81,499
Issuance of common stock upon 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 of common stock ......................................... (3,847,062) (3) (99,881) — — — (99,884)
Repurchases of common stock to be held in treasury ........................ (3,491,084) — — (100,020) — — (100,020)
Stock-based compensation expense ..................................... — — 12,264 — — — 12,264
Excess 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
Net income ........................................................ — — — — — 115,860 115,860
Unrealized gains on available-for-sale securities, net of taxes ............... — — — — 189 — 189
Comprehensive income, net of taxes .................................... — — — — — — 116,049
Issuance of common stock upon exercise of options ........................ 1,724,110 1 29,508 — — — 29,509
Issuance of common stock under employee stock purchase plan ............... 224,799 — 5,765 — — — 5,765
Repurchases of common stock and retirement of outstanding treasury stock ..... (7,371,314) (10) (398,850) 100,020 — (25,495) (324,335)
Stock-based compensation expense ..................................... — — 12,618 — — — 12,618
Excess stock option income tax benefits ................................. — — 12,382 — — — 12,382
Balances as of December 31, 2009 ........................................ 53,440,073 $ 53 $ — $ — $ 273 $ 198,817 $ 199,143
Net income ........................................................ — — — — — 160,853 160,853
Unrealized gains on available-for-sale securities, net of taxes ............... — — — — 477 — 477
Comprehensive income, net of taxes .................................... — — — — — — 161,330
Issuance of common stock upon exercise of options ........................ 1,902,073 2 47,080 — — — 47,082
Issuance of common stock under employee stock purchase plan ............... 46,112 — 2,694 — — — 2,694
Repurchases of common stock ......................................... (2,606,309) (2) (88,326) — — (121,931) (210,259)
Stock-based compensation expense ..................................... — — 27,996 — — — 27,996
Excess stock option income tax benefits ................................. — — 62,178 — — — 62,178
Balances as of December 31, 2010 ........................................ 52,781,949 $ 53 $ 51,622 $ — $ 750 $ 237,739 $ 290,164
See accompanying notes to consolidated financial statements.
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