NFLX » Topics » Financial forecasting by us and financial analysts who may publish estimates of our performance may differ materially from actual results.

These excerpts taken from the NFLX 10-K filed Feb 25, 2009.

Financial forecasting by us and financial analysts who may publish estimates of our performance may differ materially from actual results.

Given the dynamic nature of our business, the current uncertain economic climate and the inherent limitations in predicting the future, forecasts of our revenues, gross margin, operating expenses, number of paying subscribers, number of DVDs shipped per day and other financial and operating data may differ materially from actual results. Such discrepancies could cause a decline in the trading price of our common stock.

 

Item 1B. Unresolved Staff Comments

None.

 

Item 2. Properties

We do not own any real estate. The following table sets forth the location, approximate square footage, lease expiration and the primary use of each of our principal properties:

 

Location

   Estimated
Square
Footage
   Lease
Expiration Date
  

Primary Use

Los Gatos, California

   165,000    March 2013   

Corporate office, general and administrative, marketing and technology and development

Sunnyvale, California

   115,000    April 2009   

Receiving and storage center, processing and shipping center for the San Francisco Bay Area

Columbus, Ohio

   90,000    July 2016   

Receiving and storage center, processing and shipping center for the Columbus Area

Hillsboro, Oregon

   49,000    April 2011   

Customer service center

Beverly Hills, California

   20,000    August 2010   

Content acquisition, general and administrative

We operate a nationwide network of distribution centers that serve major metropolitan areas throughout the United States. These fulfillment centers are under lease agreements that expire at various dates through July 2016. We also operate a data center in a leased third-party facility in Santa Clara, California.

In the second quarter of 2009, our central receiving and storage center will be moved from its current location in Sunnyvale, California to Columbus, Ohio. We believe our properties are suitable and adequate for our present needs, and we periodically evaluate whether additional facilities are necessary.

 

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Item 3. Legal Proceedings

Information with respect to this item may be found in Note 5 of the Notes to the Consolidated Financial Statements in Item 8, which information is incorporated herein by reference.

 

Item 4. Submission of Matters to a Vote of Securities Holders

None.

 

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Financial forecasting by us and financial analysts who may publish estimates of our performance may differ materially from actual results.

Given the dynamic nature of our business, the current uncertain economic climate and the inherent limitations in predicting the future, forecasts of our revenues, gross margin, operating expenses, number of paying subscribers, number of DVDs shipped per day and other financial and operating data may differ materially from actual results. Such discrepancies could cause a decline in the trading price of our common stock.

 

Item 1B. Unresolved Staff Comments

None.

 

Item 2. Properties

We do not own any real estate. The following table sets forth the location, approximate square footage, lease expiration and the primary use of each of our principal properties:

 

Location

   Estimated
Square
Footage
   Lease
Expiration Date
  

Primary Use

Los Gatos, California

   165,000    March 2013   

Corporate office, general and administrative, marketing and technology and development

Sunnyvale, California

   115,000    April 2009   

Receiving and storage center, processing and shipping center for the San Francisco Bay Area

Columbus, Ohio

   90,000    July 2016   

Receiving and storage center, processing and shipping center for the Columbus Area

Hillsboro, Oregon

   49,000    April 2011   

Customer service center

Beverly Hills, California

   20,000    August 2010   

Content acquisition, general and administrative

We operate a nationwide network of distribution centers that serve major metropolitan areas throughout the United States. These fulfillment centers are under lease agreements that expire at various dates through July 2016. We also operate a data center in a leased third-party facility in Santa Clara, California.

In the second quarter of 2009, our central receiving and storage center will be moved from its current location in Sunnyvale, California to Columbus, Ohio. We believe our properties are suitable and adequate for our present needs, and we periodically evaluate whether additional facilities are necessary.

 

20


Table of Contents
Item 3. Legal Proceedings

Information with respect to this item may be found in Note 5 of the Notes to the Consolidated Financial Statements in Item 8, which information is incorporated herein by reference.

 

Item 4. Submission of Matters to a Vote of Securities Holders

None.

 

21


Table of Contents
These excerpts taken from the NFLX 10-K filed Feb 28, 2008.

Financial forecasting by us and financial analysts who may publish estimates of our performance may differ materially from actual results.

Given the dynamic nature of our business and the inherent limitations in predicting the future, forecasts of our revenues, gross margin, operating expenses, number of paying subscribers, number of DVDs shipped per day and other financial and operating data may differ materially from actual results. Such discrepancies could cause a decline in the trading price of our common stock.

 

Item 1B. Unresolved Staff Comments

None.

 

22


Table of Contents
Item 2. Properties

We do not own any real estate. The following table sets forth the location, approximate square footage, lease expiration and the primary use of each of our principal properties:

 

Location

   Estimated
Square
Footage
   Lease
Expiration Date
  

Primary Use

Sunnyvale, California

   115,000    April 2009   

Receiving and storage center, processing and shipping center for the San Francisco Bay Area

Los Gatos, California

   81,000    December 2012   

Corporate office, general and administrative, marketing and technology and development

Hillsboro, Oregon

   49,000    April 2011   

Customer service center

Beverly Hills, California

   18,000    August 2010   

Content acquisition, general and adminstrative

We operate a nationwide network of distribution centers that serve major metropolitan areas throughout the United States. These fulfillment centers are under lease agreements that expire at various dates through September 2012. We also operate a datacenter in a leased third-party facility in Santa Clara, California.

In March 2006, we exercised our option to lease a building adjacent to our headquarters in Los Gatos, California. The building will comprise approximately 80,000 square feet of office space and have an initial term of 5 years. The building is expected to be completed in the first quarter of 2008.

We believe our properties are suitable and adequate for our present needs, and we periodically evaluate whether additional facilities are necessary.

 

Item 3. Legal Proceedings

Information with respect to this item may be found in Note 5 of the Notes to the Consolidated Financial Statements in Item 8, which information is incorporated herein by reference.

 

Item 4. Submission of Matters to a Vote of Securities Holders

None.

 

23


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Financial
forecasting by us and financial analysts who may publish estimates of our performance may differ materially from actual results.

Given
the dynamic nature of our business and the inherent limitations in predicting the future, forecasts of our revenues, gross margin, operating expenses, number of paying subscribers, number of DVDs shipped per day and other financial and operating
data may differ materially from actual results. Such discrepancies could cause a decline in the trading price of our common stock.

 






Item 1B.
Unresolved Staff Comments

None.

STYLE="margin-top:0px;margin-bottom:0px"> 


22







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Item 2.
Properties

We do not own any real estate. The
following table sets forth the location, approximate square footage, lease expiration and the primary use of each of our principal properties:

 




















































Location

  Estimated
Square
Footage
  Lease
Expiration Date
  

Primary Use

Sunnyvale, California

  115,000  April 2009  

Receiving and storage center, processing and shipping center for the San Francisco Bay Area

Los Gatos, California

  81,000  December 2012  

Corporate office, general and administrative, marketing and technology and development

Hillsboro, Oregon

  49,000  April 2011  

Customer service center

Beverly Hills, California

  18,000  August 2010  

Content acquisition, general and adminstrative

We operate a nationwide network of distribution centers that serve major metropolitan areas
throughout the United States. These fulfillment centers are under lease agreements that expire at various dates through September 2012. We also operate a datacenter in a leased third-party facility in Santa Clara, California.

STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">In March 2006, we exercised our option to lease a building adjacent to our headquarters in Los Gatos, California. The building will comprise
approximately 80,000 square feet of office space and have an initial term of 5 years. The building is expected to be completed in the first quarter of 2008.

FACE="Times New Roman" SIZE="2">We believe our properties are suitable and adequate for our present needs, and we periodically evaluate whether additional facilities are necessary.

STYLE="font-size:18px;margin-top:0px;margin-bottom:0px"> 






Item 3.
Legal Proceedings

Information with respect to this
item may be found in Note 5 of the Notes to the Consolidated Financial Statements in Item 8, which information is incorporated herein by reference.

 






Item 4.
Submission of Matters to a Vote of Securities Holders

SIZE="2">None.

 


23







Table of Contents


This excerpt taken from the NFLX 10-K filed Feb 28, 2007.

Financial forecasting by us and financial analysts who may publish estimates of our performance may differ materially from actual results.

Given the dynamic nature of our business and the inherent limitations in predicting the future, forecasts of our revenues, gross margin, operating expenses, number of paying subscribers, number of DVDs shipped per day and other financial and operating data may differ materially from actual results. Such discrepancies could cause a decline in the trading price of our common stock.

 

Item 1B. Unresolved Staff Comments

None.

 

Item 2. Properties

We do not own any real estate. The following table sets forth the location, approximate square footage, lease expiration and the primary use of each of our principal properties:

 

Location

   Estimated
Square
footage
  

Lease

expiration date

  

Primary Use

Los Gatos, California

   81,000    December 2012   

Corporate Office, general and administrative, marketing and technology and development

Beverly Hills, California

   18,000    August 2009   

Content acquisition, general and administrative

Sunnyvale, California

   115,000    April 2009   

Receiving and storage center, processing and shipping center for San Francisco Bay Area

Hillsboro, Oregon

   27,000    November 2009   

Customer service center

Burbank, California

   18,000    April 2012   

Encoding

We operate a nationwide network of distribution centers that serve major metropolitan areas throughout the United States. These fulfillment centers are under lease agreements that expire at various dates through October 2011. We also operate a datacenter in a leased third-party facility in Santa Clara, California.

In March 2006, we exercised our option to lease a building adjacent to our headquarters in Los Gatos, California. The building will comprise approximately 80,000 square feet of office space and have an initial term of 5 years. The building is expected to be completed in the first quarter of 2008.

We believe our properties are suitable and adequate for our present needs, and we periodically evaluate whether additional facilities are necessary.

 

Item 3. Legal Proceedings

Information with respect to this item may be found in Note 6 of the Notes to the Consolidated Financial Statements in Item 8, which information is incorporated herein by reference.

 

Item 4. Submission of Matters to a Vote of Securities Holders

None.

 

22


Table of Contents
This excerpt taken from the NFLX 10-K filed Mar 16, 2006.

Financial forecasting by us and financial analysts who may publish estimates of our performance may differ materially from actual results.

 

Given the dynamic nature of our business and the inherent limitations in predicting the future, forecasts of our revenues, gross margin, operating expenses, number of paying subscribers, number of DVDs shipped per day and other financial and operating data may differ materially from actual results. Such discrepancies could cause a decline in the trading price of our common stock.

 

Item 1B. Unresolved Staff Comments

 

None.

 

Item 2. Properties

 

We do not own any real estate. The following table sets forth the location, approximate square footage and the primary use of each of our principal properties:

 

Location


   Estimated
Square
footage


  

Lease

expiration date


  

Primary Use


Los Gatos, California

   80,000    December 2012   

Corporate Office, general and administrative, marketing, and technology and development

Beverly Hills, California

   18,000    August 2009    Content acquisition, general and administrative

Sunnyvale, California

   115,000    April 2009   

Customer service center, receiving and storage center, processing and shipping center for San Francisco Bay Area

 

We operate a nationwide network of distribution centers that serve major metropolitan areas throughout the United States. These fulfillment centers are under lease agreements that expire at various dates through December 2010. We also operate a datacenter in a leased third-party facility in Santa Clara, California.

 

We believe our properties are suitable and adequate for our present needs, and we periodically evaluate whether additional facilities are necessary.

 

Item 3. Legal Proceedings

 

Information with respect to this item may be found in Note 6 of the Notes to the Consolidated Financial Statements in Item 8, which information is incorporated herein by reference.

 

Item 4. Submission of Matters to a Vote of Securities Holders

 

None.

 

20


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