10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NETFLIX INC | |||
Ticker: NFLX Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF OPERATIONS | |||
Period Ending Dec 31, 2010 10-K (Filed: Feb 18, 2011) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Revenues | $ 2,162,625 | 1,670,269 | 1,364,661 |
| Cost of revenues: | |||
| Subscription | 1,154,109 | 909,461 | 761,133 |
| Fulfillment expenses | 203,246 | 169,810 | 149,101 |
| Total cost of revenues | 1,357,355 | 1,079,271 | 910,234 |
| Gross profit | 805,270 | 590,998 | 454,427 |
| Operating expenses: | |||
| Technology and development | 163,329 | 114,542 | 89,873 |
| Marketing | 293,839 | 237,744 | 199,713 |
| General and administrative | 70,555 | 51,333 | 49,662 |
| Gain on disposal of DVDs | (6,094) | (4,560) | (6,327) |
| Total operating expenses | 521,629 | 399,059 | 332,921 |
| Operating income | 283,641 | 191,939 | 121,506 |
| Other income (expense): | |||
| Interest expense | (19,629) | (6,475) | (2,458) |
| Interest and other income | 3,684 | 6,728 | 12,452 |
| Income before income taxes | 267,696 | 192,192 | 131,500 |
| Provision for income taxes | 106,843 | 76,332 | 48,474 |
| Net income | 160,853 | 115,860 | 83,026 |
| Net income per share: | |||
| Basic | 3.06 | 2.05 | 1.36 |
| Diluted | 2.96 | 1.98 | 1.32 |
| Weighted-average common shares outstanding: | |||
| Basic | 52,529 | 56,560 | 60,961 |
| Diluted | 54,304 | 58,416 | 62,836 |
| External Links | |
| NETFLIX INC (NFLX) Fiscal Year 2010 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |