10-Q Filing

DREAMWORKS ANIMATION SKG, INC. CIK: 1297401 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001297401-11-000006`
Period End Date	20110630
Filing Date	20110727
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	dwa-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 64 Cash Flow Statement 62

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$113.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$231.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$163.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.92M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNet`	$25.12M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNet`	$40.14M	USD	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	$310.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	$9.00M	USD	Point-in-time
Receivable from Paramount, net of allowance for doubtful accounts	`ReceivableFromPayableToParamountNetOfAllowanceForDoubtfulAccounts`	$230.18M	USD	Point-in-time
Receivable from Paramount, net of allowance for doubtful accounts	`ReceivableFromPayableToParamountNetOfAllowanceForDoubtfulAccounts`	$242.63M	USD	Point-in-time
Film and other inventory costs, net	`FilmCosts`	$853.94M	USD	Point-in-time
Film and other inventory costs, net	`FilmCosts`	$772.67M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$21.80M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$21.89M	USD	Point-in-time
Other assets	`OtherAssets`	$9.89M	USD	Point-in-time
Other assets	`OtherAssets`	$8.68M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$174.80M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$176.27M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxAssetsNet`	$295.60M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxAssetsNet`	$268.90M	USD	Point-in-time
Goodwill	`Goodwill`	$34.22M	USD	Point-in-time
Goodwill	`Goodwill`	$34.22M	USD	Point-in-time
Total assets	`Assets`	$1.76B	USD	Point-in-time
Total assets	`Assets`	$1.74B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$3.92M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$3.52M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$143.10M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$107.39M	USD	Point-in-time
Payable to former stockholder	`PayableToReceivableFromFormerStockholder`	$329.59M	USD	Point-in-time
Payable to former stockholder	`PayableToReceivableFromFormerStockholder`	$296.93M	USD	Point-in-time
Deferred revenue and other advances	`DeferredRevenue`	$32.96M	USD	Point-in-time
Deferred revenue and other advances	`DeferredRevenue`	$20.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$497.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$441.20M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.00B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$979.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.01B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$966.93M	USD	Point-in-time
Less: Class A Treasury common stock	`TreasuryStockValue`	$714.02M	USD	Point-in-time
Less: Class A Treasury common stock	`TreasuryStockValue`	$688.32M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.26B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.30B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.74B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.76B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$326.29M	USD	2 Qtrs
Revenues	`Revenues`	$218.25M	USD	1 Quarter
Revenues	`Revenues`	$158.09M	USD	1 Quarter
Revenues	`Revenues`	$320.24M	USD	2 Qtrs
Costs of revenues	`CostOfRevenue`	$213.34M	USD	2 Qtrs
Costs of revenues	`CostOfRevenue`	$204.92M	USD	2 Qtrs
Costs of revenues	`CostOfRevenue`	$98.73M	USD	1 Quarter
Costs of revenues	`CostOfRevenue`	$141.31M	USD	1 Quarter
Gross profit	`GrossProfit`	$59.36M	USD	1 Quarter
Gross profit	`GrossProfit`	$76.94M	USD	1 Quarter
Gross profit	`GrossProfit`	$115.32M	USD	2 Qtrs
Gross profit	`GrossProfit`	$112.95M	USD	2 Qtrs
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$607.00K	USD	2 Qtrs
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$423.00K	USD	2 Qtrs
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$255.00K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$422.00K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$51.26M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$59.68M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$27.75M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$29.55M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$63.45M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$47.13M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$31.19M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$52.85M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$44.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$260.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$171.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$230.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.06M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$4.10M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$4.06M	USD	2 Qtrs
Decrease (increase) in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$-175.00K	USD	1 Quarter
Decrease (increase) in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$-4.76M	USD	2 Qtrs
Decrease (increase) in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$8.67M	USD	1 Quarter
Decrease (increase) in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$16.86M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$49.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$61.93M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$50.92M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$24.70M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$15.34M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.28M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$720.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$34.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$45.64M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$42.87M	USD	2 Qtrs
Basic net income per share	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Basic net income per share	`EarningsPerShareBasic`	$0.28	USD	1 Quarter
Basic net income per share	`EarningsPerShareBasic`	$0.53	USD	2 Qtrs
Basic net income per share	`EarningsPerShareBasic`	$0.51	USD	2 Qtrs
Diluted net income per share	`EarningsPerShareDiluted`	$0.51	USD	2 Qtrs
Diluted net income per share	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Diluted net income per share	`EarningsPerShareDiluted`	$0.51	USD	2 Qtrs
Diluted net income per share	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	86.74M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	85.71M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	83.76M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	83.38M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.85M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	87.58M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	88.97M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.56M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$34.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$45.64M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$42.87M	USD	2 Qtrs
Amortization and write-off of film and other inventory costs	`AmortizationAndWriteOffOfFilmAndOtherInventoryCosts`	$183.29M	USD	2 Qtrs
Amortization and write-off of film and other inventory costs	`AmortizationAndWriteOffOfFilmAndOtherInventoryCosts`	$172.57M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$15.55M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$15.21M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$8.53M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$8.54M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.69M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.53M	USD	2 Qtrs
Revenue earned against deferred revenue and other advances	`RecognitionOfDeferredRevenue`	$53.50M	USD	2 Qtrs
Revenue earned against deferred revenue and other advances	`RecognitionOfDeferredRevenue`	$49.36M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$26.70M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$563.00K	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-15.02M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.38M	USD	2 Qtrs
Receivable from Paramount	`IncreaseDecreaseInReceivableFromParamount`	$-12.45M	USD	2 Qtrs
Receivable from Paramount	`IncreaseDecreaseInReceivableFromParamount`	$-10.03M	USD	2 Qtrs
Film and other inventory costs	`IncreaseDecreaseInFilmCosts`	$-223.42M	USD	2 Qtrs
Film and other inventory costs	`IncreaseDecreaseInFilmCosts`	$-233.97M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.37M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.54M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-9.35M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-35.20M	USD	2 Qtrs
Payable to former stockholder	`IncreaseDecreasePayableToFormerStockholder`	$-5.71M	USD	2 Qtrs
Payable to former stockholder	`IncreaseDecreasePayableToFormerStockholder`	$-32.66M	USD	2 Qtrs
Income Taxes Receivable, net	`IncreaseDecreaseInIncomeTaxesReceivable`	$8.74M	USD	2 Qtrs
Income Taxes Receivable, net	`IncreaseDecreaseInIncomeTaxesReceivable`	$4.85M	USD	2 Qtrs
Deferred revenue and other advances	`IncreaseDecreaseInDeferredRevenue`	$35.55M	USD	2 Qtrs
Deferred revenue and other advances	`IncreaseDecreaseInDeferredRevenue`	$71.17M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.31M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-23.93M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.35M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.59M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.35M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.59M	USD	2 Qtrs
Receipts from exercise of stock options	`ProceedsFromStockOptionsExercised`	$8.79M	USD	2 Qtrs
Receipts from exercise of stock options	`ProceedsFromStockOptionsExercised`	$8.00K	USD	2 Qtrs
Excess tax benefits from employee equity awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$673.00K	USD	2 Qtrs
Excess tax benefits from employee equity awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$24.00K	USD	2 Qtrs
Deferred financing costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Deferred financing costs	`PaymentsOfDebtIssuanceCosts`	$338.00K	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$113.27M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$25.69M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-103.81M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-26.00M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-50.66M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-154.33M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$113.16M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$231.25M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$163.82M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$76.92M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$113.16M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$231.25M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$163.82M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$76.92M	USD	Point-in-time
Cash paid during the period for income taxes, net of amounts refunded	`IncomeTaxesPaidNet`	$8.89M	USD	2 Qtrs
Cash paid during the period for income taxes, net of amounts refunded	`IncomeTaxesPaidNet`	$1.38M	USD	2 Qtrs
Cash paid during the period for interest, net of amounts capitalized	`InterestPaidNet`	$281.00K	USD	2 Qtrs
Cash paid during the period for interest, net of amounts capitalized	`InterestPaidNet`	$290.00K	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.