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Table of Contents
NETFLIX, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(in thousands, except share data)
See accompanying notes to consolidated financial statements.
45
Common Stock
Additional
Paid-in
Capital
Accumulated
Other
Comprehensive
(Loss) Income
Retained
Earnings
Total
Stockholders’
Equity
Shares
Amount
Balances as of December 31, 2011
55,398,615
$
55
$
219,119
706
$
422,930
642,810
Net income
—
—
—
—
17,152
17,152
Other comprehensive income
—
—
—
2,213
—
2,213
Issuance of common stock upon exercise of
options
188,552
4,123
—
—
4,124
Stock-based compensation expense
—
—
73,948
—
—
73,948
Excess stock option income tax benefits
—
—
4,426
—
—
4,426
Balances as of December 31, 2012
55,587,167
$
56
$
301,616
2,919
$
440,082
744,673
Net income
—
—
—
—
112,403
112,403
Other comprehensive income
—
—
—
656
—
656
Issuance of common stock upon exercise of
options
1,688,774
124,555
—
—
124,557
Note conversion
2,331,060
198,206
—
—
198,208
Stock-based compensation expense
—
—
73,100
—
—
73,100
Excess stock option income tax benefits
—
—
79,964
—
—
79,964
Balances as of December 31, 2013
59,607,001
$
60
$
777,441
3,575
$
552,485
1,333,561
Net income
—
—
—
—
266,799
266,799
Other comprehensive loss
—
—
—
(
8,021
)
—
(
8,021
)
Issuance of common stock upon exercise of
options
808,840
—
61,190
—
—
61,190
Stock-based compensation expense
—
—
115,239
—
—
115,239
Excess stock option income tax benefits
—
—
88,940
—
—
88,940
Balances as of December 31, 2014
60,415,841
$
60
$
1,042,810
(4,446
)
$
819,284
1,857,708