10-Q Filing

DREAMWORKS ANIMATION SKG, INC. CIK: 1297401 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001297401-11-000021`
Period End Date	20110930
Filing Date	20111026
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	dwa-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 64 Cash Flow Statement 64

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
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`	$169.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$149.60M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNet`	$40.14M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNet`	$28.84M	USD	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	$310.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	$2.39M	USD	Point-in-time
Receivable from Paramount, net of allowance for doubtful accounts	`ReceivableFromPayableToParamountNetOfAllowanceForDoubtfulAccounts`	$177.25M	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`	$772.67M	USD	Point-in-time
Film and other inventory costs, net	`FilmCosts`	$896.76M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$21.80M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$24.84M	USD	Point-in-time
Other assets	`OtherAssets`	$13.90M	USD	Point-in-time
Other assets	`OtherAssets`	$9.89M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$171.33M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$174.80M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxAssetsNet`	$268.10M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxAssetsNet`	$295.60M	USD	Point-in-time
Goodwill	`Goodwill`	$34.22M	USD	Point-in-time
Goodwill	`Goodwill`	$34.22M	USD	Point-in-time
Total assets	`Assets`	$1.77B	USD	Point-in-time
Total assets	`Assets`	$1.76B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$3.52M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$2.48M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$110.63M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$143.10M	USD	Point-in-time
Payable to former stockholder	`PayableToReceivableFromFormerStockholder`	$296.37M	USD	Point-in-time
Payable to former stockholder	`PayableToReceivableFromFormerStockholder`	$329.59M	USD	Point-in-time
Deferred revenue and other advances	`DeferredRevenue`	$27.23M	USD	Point-in-time
Deferred revenue and other advances	`DeferredRevenue`	$20.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$436.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$497.00M	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`	$1.01B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$979.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.03B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$966.93M	USD	Point-in-time
Less: Class A Treasury common stock, at cost, 24,815,433 and 23,834,081 shares, as of September 30, 2011 and December 31, 2010, respectively	`TreasuryStockValue`	$714.37M	USD	Point-in-time
Less: Class A Treasury common stock, at cost, 24,815,433 and 23,834,081 shares, as of September 30, 2011 and December 31, 2010, respectively	`TreasuryStockValue`	$688.32M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.26B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.76B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.77B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$509.12M	USD	3 Qtrs
Revenues	`Revenues`	$188.88M	USD	1 Quarter
Revenues	`Revenues`	$160.76M	USD	1 Quarter
Revenues	`Revenues`	$487.05M	USD	3 Qtrs
Costs of revenues	`CostOfRevenue`	$312.58M	USD	3 Qtrs
Costs of revenues	`CostOfRevenue`	$107.66M	USD	1 Quarter
Costs of revenues	`CostOfRevenue`	$321.30M	USD	3 Qtrs
Costs of revenues	`CostOfRevenue`	$107.97M	USD	1 Quarter
Gross profit	`GrossProfit`	$165.75M	USD	3 Qtrs
Gross profit	`GrossProfit`	$196.54M	USD	3 Qtrs
Gross profit	`GrossProfit`	$52.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$81.22M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$2.06M	USD	3 Qtrs
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$1.45M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$1.15M	USD	3 Qtrs
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$724.00K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$86.53M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$26.48M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$26.85M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$77.74M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$116.74M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$53.29M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$25.22M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$78.07M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$160.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$403.00K	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$142.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$390.00K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.33M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.34M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$5.39M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$6.44M	USD	3 Qtrs
Decrease (increase) in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$-555.00K	USD	1 Quarter
Decrease (increase) in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$-5.32M	USD	3 Qtrs
Decrease (increase) in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$18.01M	USD	1 Quarter
Decrease (increase) in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$34.87M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$88.70M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$37.78M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$27.25M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$89.19M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$26.66M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$7.60M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-1.98M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$3.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$62.52M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$19.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.41M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$39.76M	USD	1 Quarter
Basic net income per share	`EarningsPerShareBasic`	$1.00	USD	3 Qtrs
Basic net income per share	`EarningsPerShareBasic`	$0.24	USD	1 Quarter
Basic net income per share	`EarningsPerShareBasic`	$0.75	USD	3 Qtrs
Basic net income per share	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Diluted net income per share	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted net income per share	`EarningsPerShareDiluted`	$0.74	USD	3 Qtrs
Diluted net income per share	`EarningsPerShareDiluted`	$0.47	USD	1 Quarter
Diluted net income per share	`EarningsPerShareDiluted`	$0.98	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	83.95M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	83.64M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	83.41M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	85.49M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	87.50M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.76M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.79M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.50M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$62.52M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$19.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.41M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$39.76M	USD	1 Quarter
Amortization and write-off of film and other inventory costs	`AmortizationAndWriteOffOfFilmAndOtherInventoryCosts`	$257.40M	USD	3 Qtrs
Amortization and write-off of film and other inventory costs	`AmortizationAndWriteOffOfFilmAndOtherInventoryCosts`	$269.84M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.19M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.59M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$22.40M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$22.13M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.69M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.60M	USD	3 Qtrs
Revenue earned against deferred revenue and other advances	`RecognitionOfDeferredRevenue`	$69.29M	USD	3 Qtrs
Revenue earned against deferred revenue and other advances	`RecognitionOfDeferredRevenue`	$56.70M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$27.50M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$-1.24M	USD	3 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-13.78M	USD	3 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.13M	USD	3 Qtrs
Receivable from Paramount	`IncreaseDecreaseInReceivableFromParamount`	$-65.38M	USD	3 Qtrs
Receivable from Paramount	`IncreaseDecreaseInReceivableFromParamount`	$-51.29M	USD	3 Qtrs
Film and other inventory costs	`IncreaseDecreaseInFilmCosts`	$-342.50M	USD	3 Qtrs
Film and other inventory costs	`IncreaseDecreaseInFilmCosts`	$-350.78M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$17.13M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.62M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-33.42M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$9.31M	USD	3 Qtrs
Payable to former stockholder	`IncreaseDecreasePayableToFormerStockholder`	$-33.22M	USD	3 Qtrs
Payable to former stockholder	`IncreaseDecreasePayableToFormerStockholder`	$12.30M	USD	3 Qtrs
Income taxes payable/receivable, net	`IncreaseDecreaseInIncomeTaxesReceivable`	$2.20M	USD	3 Qtrs
Income taxes payable/receivable, net	`IncreaseDecreaseInIncomeTaxesReceivable`	$2.14M	USD	3 Qtrs
Deferred revenue and other advances	`IncreaseDecreaseInDeferredRevenue`	$45.74M	USD	3 Qtrs
Deferred revenue and other advances	`IncreaseDecreaseInDeferredRevenue`	$89.28M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$46.05M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$80.15M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.93M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$37.78M	USD	3 Qtrs
Investment in unconsolidated affiliate	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$5.00M	USD	3 Qtrs
Investment in unconsolidated affiliate	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.78M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-33.93M	USD	3 Qtrs
Receipts from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.00K	USD	3 Qtrs
Receipts from exercise of stock options	`ProceedsFromStockOptionsExercised`	$8.80M	USD	3 Qtrs
Excess tax benefits from employee equity awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.14M	USD	3 Qtrs
Excess tax benefits from employee equity awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$30.00K	USD	3 Qtrs
Deferred financing costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Deferred financing costs	`PaymentsOfDebtIssuanceCosts`	$338.00K	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$113.95M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$26.04M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-26.35M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-104.01M	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-14.22M	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-61.65M	USD	3 Qtrs
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`	$169.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$149.60M	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`	$169.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$149.60M	USD	Point-in-time
Cash paid during the period for income taxes, net of amounts refunded	`IncomeTaxesPaidNet`	$1.79M	USD	3 Qtrs
Cash paid during the period for income taxes, net of amounts refunded	`IncomeTaxesPaidNet`	$5.51M	USD	3 Qtrs
Cash paid during the period for interest, net of amounts capitalized	`InterestPaidNet`	$404.00K	USD	3 Qtrs
Cash paid during the period for interest, net of amounts capitalized	`InterestPaidNet`	$484.00K	USD	3 Qtrs

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