NetFlix 2015 Annual Report Download - page 67

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9. Accumulated Other Comprehensive (Loss) Income
The following table summarizes the changes in accumulated balances of other comprehensive (loss) income,
net of tax:
Foreign
currency
Change in
unrealized gains
on available-for-
sale securities Total
(in thousands)
Balance as of December 31, 2013 ..................... $ 3,153 $ 422 $ 3,575
Other comprehensive (loss) income before
reclassifications ............................. (7,768) 337 (7,431)
Amounts reclassified from accumulated other
comprehensive (loss) income ................... — (590) (590)
Net decrease in other comprehensive (loss)
income ................................ (7,768) (253) (8,021)
Balance as of December 31, 2014 ..................... $ (4,615) $ 169 $ (4,446)
Other comprehensive (loss) income before
reclassifications ............................. (37,887) (771) (38,658)
Amounts reclassified from accumulated other
comprehensive (loss) income ................... — (204) (204)
Net decrease in other comprehensive (loss)
income ................................ (37,887) (975) (38,862)
Balance as of December 31, 2015 ..................... $(42,502) $(806) $(43,308)
As discussed in Note 1, other comprehensive (loss) income for the year ended December 31, 2015 includes
the impact of the change in functional currency for certain of the Company’s European entities.
All amounts reclassified from accumulated other comprehensive (loss) income related to realized gains on
available-for-sale securities. These reclassifications impacted “Interest and other income (expense)” on the
Consolidated Statements of Operations.
10. Income Taxes
Income before provision for income taxes was as follows:
Year Ended December 31,
2015 2014 2013
(in thousands)
United States ......................................... $ 95,644 $325,081 $159,126
Foreign .............................................. 46,241 24,288 11,948
Income before income taxes ......................... $141,885 $349,369 $171,074
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