NetFlix 2014 Annual Report Download - page 50

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Table of Contents
NETFLIX, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands, except share and per share data)
See accompanying notes to consolidated financial statements.
44
As of December 31,
2014
2013
Assets
Current assets:
Cash and cash equivalents
$
1,113,608
$
604,965
Short-term investments
494,888
595,440
Current content library, net
2,125,702
1,706,421
Other current assets
206,271
151,937
Total current assets
3,940,469
3,058,763
Non-current content library, net
2,773,326
2,091,071
Property and equipment, net
149,875
133,605
Other non-current assets
192,981
129,124
Total assets
$
7,056,651
$
5,412,563
Liabilities and Stockholders’ Equity
Current liabilities:
Current content liabilities
$
2,117,241
$
1,775,983
Accounts payable
201,581
108,435
Accrued expenses
69,746
54,018
Deferred revenue
274,586
215,767
Total current liabilities
2,663,154
2,154,203
Non-current content liabilities
1,575,832
1,345,590
Long-term debt
900,000
500,000
Other non-current liabilities
59,957
79,209
Total liabilities
5,198,943
4,079,002
Commitments and contingencies (Note 6)
Stockholders’ equity:
Preferred stock, $0.001 par value; 10,000,000 shares authorized at December 31, 2014 and
2013; no shares issued and outstanding at December 31, 2014 and 2013
—
—
Common stock, $0.001 par value; 160,000,000 shares authorized at December 31, 2014 and
2013; 60,415,841 and 59,607,001 issued and outstanding at December 31, 2014 and 2013,
respectively
60
60
Additional paid-in capital
1,042,810
777,441
Accumulated other comprehensive (loss) income
(4,446
)
3,575
Retained earnings
819,284
552,485
Total stockholders’ equity
1,857,708
1,333,561
Total liabilities and stockholders’ equity
$
7,056,651
$
5,412,563