Shutterfly 2014 Annual Report Download - page 3

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Shutterfly, Inc.
Table of Contents
Page
Number
PA RT I
ITEM 1. Business ........................................................ 3
ITEM 1A. Risk Factors ..................................................... 14
ITEM 1B. Unresolved Staff Comments .......................................... 44
ITEM 2. Properties ....................................................... 45
ITEM 3. Legal Proceedings ................................................. 46
ITEM 4. Mine Safety Disclosures ............................................. 46
PA RT I I
ITEM 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer
Purchases of Equity Securities ........................................ 47
ITEM 6. Selected Financial Data ............................................. 48
ITEM 7. Management’s Discussion and Analysis of Financial Condition and Results of
Operations ...................................................... 49
ITEM 7A. Quantitative and Qualitative Disclosures about Market Risk .................. 70
ITEM 8. Financial Statements and Supplementary Data ............................ 71
ITEM 9. Changes in and Disagreements with Accountants on Accounting and Financial
Disclosure ....................................................... 112
ITEM 9A. Controls and Procedures ............................................ 112
ITEM 9B. Other Information ................................................. 113
PART III
ITEM 10. Directors, Executive Officers and Corporate Governance ..................... 114
ITEM 11. Executive Compensation ............................................ 114
ITEM 12. Security Ownership of Certain Beneficial Owners and Management and Related
Stockholder Matters ............................................... 114
ITEM 13. Certain Relationships and Related Transactions, and Director Independence ....... 114
ITEM 14. Principal Accounting Fees and Services .................................. 115
PA RT I V
ITEM 15. Exhibits and Financial Statement Schedule ............................... 116
2