10-Q Filing

DREAMWORKS ANIMATION SKG, INC. CIK: 1297401 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001297401-12-000017`
Period End Date	20120331
Filing Date	20120503
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	dwa-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 32 Cash Flow Statement 54 Comprehensive Income 6

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$89.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$116.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$163.82M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNet`	$61.75M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNet`	$72.46M	USD	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	$3.35M	USD	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	$3.96M	USD	Point-in-time
Receivable from Paramount, net of allowance for doubtful accounts	`ReceivableFromPayableToParamountNetOfAllowanceForDoubtfulAccounts`	$214.65M	USD	Point-in-time
Receivable from Paramount, net of allowance for doubtful accounts	`ReceivableFromPayableToParamountNetOfAllowanceForDoubtfulAccounts`	$227.22M	USD	Point-in-time
Film and other inventory costs, net	`FilmCosts`	$928.68M	USD	Point-in-time
Film and other inventory costs, net	`FilmCosts`	$882.65M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$20.84M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$33.18M	USD	Point-in-time
Other assets	`OtherAssets`	$13.02M	USD	Point-in-time
Other assets	`OtherAssets`	$12.82M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$179.76M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$172.51M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxAssetsNet`	$248.52M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxAssetsNet`	$243.56M	USD	Point-in-time
Goodwill	`Goodwill`	$34.22M	USD	Point-in-time
Goodwill	`Goodwill`	$34.22M	USD	Point-in-time
Total assets	`Assets`	$1.78B	USD	Point-in-time
Total assets	`Assets`	$1.81B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$3.28M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$4.52M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$100.05M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$105.50M	USD	Point-in-time
Payable to former stockholder	`PayableToReceivableFromFormerStockholder`	$294.40M	USD	Point-in-time
Payable to former stockholder	`PayableToReceivableFromFormerStockholder`	$280.09M	USD	Point-in-time
Deferred revenue and other advances	`DeferredRevenue`	$53.74M	USD	Point-in-time
Deferred revenue and other advances	`DeferredRevenue`	$19.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$422.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$438.40M	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`	$1.03B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.04M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-540.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.06B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.05B	USD	Point-in-time
Less: Class A Treasury common stock, at cost, 25,153,437 and 25,139,548 shares, as of March 31, 2012 and December 31, 2011, respectively	`TreasuryStockValue`	$720.50M	USD	Point-in-time
Less: Class A Treasury common stock, at cost, 25,153,437 and 25,139,548 shares, as of March 31, 2012 and December 31, 2011, respectively	`TreasuryStockValue`	$720.75M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.78B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.81B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$108.04M	USD	1 Quarter
Revenues	`Revenues`	$136.08M	USD	1 Quarter
Costs of revenues	`CostOfRevenue`	$96.50M	USD	1 Quarter
Costs of revenues	`CostOfRevenue`	$72.03M	USD	1 Quarter
Gross profit	`GrossProfit`	$36.01M	USD	1 Quarter
Gross profit	`GrossProfit`	$39.58M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$168.00K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$1.13M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$30.13M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$27.46M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.71M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$10.98M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$216.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$568.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.52M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.00M	USD	1 Quarter
Decrease in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$-109.00K	USD	1 Quarter
Decrease in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$-4.59M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$12.52M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.18M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.10M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.79M	USD	1 Quarter
Basic net income per share	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic net income per share	`EarningsPerShareBasic`	$0.11	USD	1 Quarter
Diluted net income per share	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Diluted net income per share	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	84.14M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	83.95M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.16M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.84M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$9.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.79M	USD	1 Quarter
Amortization and write-off of film and other inventory costs	`AmortizationAndWriteOffOfFilmAndOtherInventoryCosts`	$54.91M	USD	1 Quarter
Amortization and write-off of film and other inventory costs	`AmortizationAndWriteOffOfFilmAndOtherInventoryCosts`	$81.59M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$7.02M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$5.14M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$927.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$726.00K	USD	1 Quarter
Revenue earned against deferred revenue and other advances	`RecognitionOfDeferredRevenue`	$2.32M	USD	1 Quarter
Revenue earned against deferred revenue and other advances	`RecognitionOfDeferredRevenue`	$3.13M	USD	1 Quarter
Deferred taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$8.10M	USD	1 Quarter
Deferred taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$4.96M	USD	1 Quarter
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-11.80M	USD	1 Quarter
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.57M	USD	1 Quarter
Receivable from Paramount	`IncreaseDecreaseInReceivableFromParamount`	$12.57M	USD	1 Quarter
Receivable from Paramount	`IncreaseDecreaseInReceivableFromParamount`	$-6.52M	USD	1 Quarter
Film and other inventory costs	`IncreaseDecreaseInFilmCosts`	$-111.81M	USD	1 Quarter
Film and other inventory costs	`IncreaseDecreaseInFilmCosts`	$-116.71M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.36M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.49M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-39.93M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.26M	USD	1 Quarter
Payable to former stockholder	`IncreaseDecreasePayableToFormerStockholder`	$-14.31M	USD	1 Quarter
Payable to former stockholder	`IncreaseDecreasePayableToFormerStockholder`	$-32.49M	USD	1 Quarter
Income taxes payable/receivable, net	`IncreaseDecreaseInIncomeTaxesReceivable`	$-502.00K	USD	1 Quarter
Income taxes payable/receivable, net	`IncreaseDecreaseInIncomeTaxesReceivable`	$4.14M	USD	1 Quarter
Deferred revenue and other advances	`IncreaseDecreaseInDeferredRevenue`	$57.94M	USD	1 Quarter
Deferred revenue and other advances	`IncreaseDecreaseInDeferredRevenue`	$42.11M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-14.65M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-44.17M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.82M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.07M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.82M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.07M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$255.00K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$25.44M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-255.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-25.44M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-25.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$73.00K	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-77.71M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-26.66M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$89.44M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$86.11M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$116.09M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$163.82M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$89.44M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$86.11M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$116.09M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$163.82M	USD	Point-in-time
Cash paid during the period for income taxes, net of amounts refunded	`IncomeTaxesPaidNet`	$455.00K	USD	1 Quarter
Cash paid during the period for income taxes, net of amounts refunded	`IncomeTaxesPaidNet`	$180.00K	USD	1 Quarter
Cash paid during the period for interest, net of amounts capitalized	`InterestPaidNet`	$120.00K	USD	1 Quarter
Cash paid during the period for interest, net of amounts capitalized	`InterestPaidNet`	$278.00K	USD	1 Quarter

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$9.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.79M	USD	1 Quarter
Foreign currency translation gains	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$106.00K	USD	1 Quarter
Foreign currency translation gains	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$501.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$8.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$9.57M	USD	1 Quarter

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