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These excerpts taken from the NFLX 10-K filed Feb 25, 2009. Other Assets Other assets consisted of the following:
As of December 31, 2008 and 2007, other assets included restricted cash of $1.9 million, respectively, related to workers’ compensation insurance deposits. In the second quarter of 2008, the Company paid $2.4 million for plaintiffs’ attorneys’ fees and expenses in the Chavez vs. Netflix, Inc. lawsuit, of which $2.3 million was included in other current assets as of December 31, 2007. Intangible assets and accumulated amortization consisted of the following:
The weighted-average remaining estimated lives of the patents are approximately 9 years. Amortization expense related to intangible assets was $0.2 million, $0.2 million and $0.1 million respectively for the years ended December 31, 2008, 2007, and 2006. Additionally, the Company expensed $0.4 million related to historical use of patents acquired in the year ended December 31, 2008. The annual amortization expense of the patents that existed as of December 31, 2008 is expected to be approximately $0.2 million for each of the five succeeding years. Other Assets Other assets consisted of the following:
As of December 31, 2008 and 2007, other assets included restricted cash of $1.9 million, respectively, related to workers’ compensation insurance deposits. In the second quarter of 2008, the Company paid $2.4 million for plaintiffs’ attorneys’ fees and expenses in the Chavez vs. Netflix, Inc. lawsuit, of which $2.3 million was included in other current assets as of December 31, 2007. Intangible assets and accumulated amortization consisted of the following:
The weighted-average remaining estimated lives of the patents are approximately 9 years. Amortization expense related to intangible assets was $0.2 million, $0.2 million and $0.1 million respectively for the years ended December 31, 2008, 2007, and 2006. Additionally, the Company expensed $0.4 million related to historical use of patents acquired in the year ended December 31, 2008. The annual amortization expense of the patents that existed as of December 31, 2008 is expected to be approximately $0.2 million for each of the five succeeding years. Other Assets
As of December 31, 2008 and 2007, other assets included restricted cash of $1.9 million, Intangible assets and accumulated amortization consisted of the
The weighted-average remaining estimated lives of the patents are approximately 9 years. The annual amortization expense of the patents that existed as of Other Assets
As of December 31, 2008 and 2007, other assets included restricted cash of $1.9 million, Intangible assets and accumulated amortization consisted of the
The weighted-average remaining estimated lives of the patents are approximately 9 years. The annual amortization expense of the patents that existed as of Other Assets
As of December 31, 2008 and 2007, other assets included restricted cash of $1.9 million, Intangible assets and accumulated amortization consisted of the
The weighted-average remaining estimated lives of the patents are approximately 9 years. The annual amortization expense of the patents that existed as of | EXCERPTS ON THIS PAGE:
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