NetFlix 2015 Annual Report Download - page 72

Download and view the complete annual report

Please find page 72 of the 2015 NetFlix annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 80

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80

The following tables represent segment information for the year ended December 31, 2014:
As of/Year ended December 31, 2014
Domestic
Streaming
International
Streaming
Domestic
DVD Consolidated
(in thousands)
Total memberships at end of period (1) ..... 39,114 18,277 5,767
Revenues ............................ $3,431,434 $1,308,061 $765,161 $5,504,656
Cost of revenues ....................... 2,201,761 1,154,117 396,882 3,752,760
Marketing ............................ 293,453 313,733 607,186
Contribution profit (loss) ............ $ 936,220 $ (159,789) $368,279 $1,144,710
Other operating expenses ................ 742,062
Operating income .................. 402,648
Other income (expense) ................. (53,279)
Provision for income taxes ............... 82,570
Net income ....................... $ 266,799
As of/Year ended December 31, 2014
Domestic
Streaming
International
Streaming
Domestic
DVD Consolidated
(in thousands)
Amortization of content assets ............ 1,657,673 998,606 71,491 2,727,770
The following tables represent segment information for the year ended December 31, 2013:
As of/Year ended December 31, 2013
Domestic
Streaming
International
Streaming
Domestic
DVD Consolidated
(in thousands)
Total memberships at end of period (1) ..... 33,420 10,930 6,930
Revenues ............................ $2,751,375 $ 712,390 $910,797 $4,374,562
Cost of revenues ....................... 1,863,376 782,304 471,523 3,117,203
Marketing ............................ 265,232 204,418 292 469,942
Contribution profit (loss) ............ $ 622,767 $(274,332) $438,982 $ 787,417
Other operating expenses ................ 559,070
Operating income .................. 228,347
Other income (expense) ................. (57,273)
Provision for income taxes ............... 58,671
Net income ....................... $ 112,403
As of/Year ended December 31, 2013
Domestic
Streaming
International
Streaming
Domestic
DVD Consolidated
(in thousands)
Amortization of content assets ............ 1,420,076 701,905 71,325 2,193,306
(1) A membership (also referred to as a subscription or a member) is defined as the right to receive the Netflix
service following sign-up and a method of payment being provided. Memberships are assigned to territories
based on the geographic location used at time of sign-up as determined by our internal systems, which
utilize industry standard geo-location technology. We offer free-trial memberships to new and certain
rejoining members. Total members include those who are on a free-trial as long as a method of payment has
68