10-Q Filing

DREAMWORKS ANIMATION SKG, INC. CIK: 1297401 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001297401-12-000025`
Period End Date	20120630
Filing Date	20120801
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	dwa-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 64 Cash Flow Statement 62 Comprehensive Income 12

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$81.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$116.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$113.16M	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`	$72.46M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNet`	$69.98M	USD	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	$3.96M	USD	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	$4.47M	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`	$203.87M	USD	Point-in-time
Film and other inventory costs, net	`FilmCosts`	$960.50M	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`	$30.94M	USD	Point-in-time
Other assets	`OtherAssets`	$12.05M	USD	Point-in-time
Other assets	`OtherAssets`	$13.02M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$172.51M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$193.21M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxAssetsNet`	$248.52M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxAssetsNet`	$237.27M	USD	Point-in-time
Goodwill	`Goodwill`	$34.22M	USD	Point-in-time
Goodwill	`Goodwill`	$34.22M	USD	Point-in-time
Total assets	`Assets`	$1.83B	USD	Point-in-time
Total assets	`Assets`	$1.78B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$3.28M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$5.56M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$113.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$105.50M	USD	Point-in-time
Payable to former stockholder	`PayableToReceivableFromFormerStockholder`	$279.80M	USD	Point-in-time
Payable to former stockholder	`PayableToReceivableFromFormerStockholder`	$294.40M	USD	Point-in-time
Deferred revenue and other advances	`DeferredRevenue`	$35.33M	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`	$433.69M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.04B	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`	$-918.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.08B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.05B	USD	Point-in-time
Less: Class A Treasury common stock, at cost, 25,369,756 and 25,139,548 shares, as of June 30, 2012 and December 31, 2011, respectively	`TreasuryStockValue`	$720.50M	USD	Point-in-time
Less: Class A Treasury common stock, at cost, 25,369,756 and 25,139,548 shares, as of June 30, 2012 and December 31, 2011, respectively	`TreasuryStockValue`	$724.71M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.39B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.78B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.83B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$298.89M	USD	2 Qtrs
Revenues	`Revenues`	$162.80M	USD	1 Quarter
Revenues	`Revenues`	$218.25M	USD	1 Quarter
Revenues	`Revenues`	$326.29M	USD	2 Qtrs
Costs of revenues	`CostOfRevenue`	$141.31M	USD	1 Quarter
Costs of revenues	`CostOfRevenue`	$114.25M	USD	1 Quarter
Costs of revenues	`CostOfRevenue`	$213.34M	USD	2 Qtrs
Costs of revenues	`CostOfRevenue`	$210.75M	USD	2 Qtrs
Gross profit	`GrossProfit`	$48.56M	USD	1 Quarter
Gross profit	`GrossProfit`	$88.14M	USD	2 Qtrs
Gross profit	`GrossProfit`	$112.95M	USD	2 Qtrs
Gross profit	`GrossProfit`	$76.94M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$1.34M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$423.00K	USD	2 Qtrs
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$2.47M	USD	2 Qtrs
Product development	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$255.00K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$59.68M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$58.28M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$30.82M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$29.55M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$16.40M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$52.85M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$47.13M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$27.39M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$44.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$616.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$1.18M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$260.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.33M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.06M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$3.84M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$4.06M	USD	2 Qtrs
Decrease in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$-175.00K	USD	1 Quarter
Decrease in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$-4.76M	USD	2 Qtrs
Decrease in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$-392.00K	USD	2 Qtrs
Decrease in income tax benefit payable to former stockholder	`ExpenseGainIncomeTaxBenefitPayableToFormerStockholder`	$-283.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$61.93M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$49.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$32.80M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.62M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.96M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.85M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.07M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$15.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.85M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$42.87M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$34.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.77M	USD	1 Quarter
Basic net income per share	`EarningsPerShareBasic`	$0.26	USD	2 Qtrs
Basic net income per share	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Basic net income per share	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
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`	$0.40	USD	1 Quarter
Diluted net income per share	`EarningsPerShareDiluted`	$0.26	USD	2 Qtrs
Diluted net income per share	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	84.03M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	83.38M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	83.76M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	84.12M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.56M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.81M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.85M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.89M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$21.85M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$42.87M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$34.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.77M	USD	1 Quarter
Amortization and write-off of film and other inventory costs	`AmortizationAndWriteOffOfFilmAndOtherInventoryCosts`	$172.57M	USD	2 Qtrs
Amortization and write-off of film and other inventory costs	`AmortizationAndWriteOffOfFilmAndOtherInventoryCosts`	$176.99M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$10.52M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$8.53M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$5.38M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$15.55M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.05M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.69M	USD	2 Qtrs
Revenue earned against deferred revenue and other advances	`RecognitionOfDeferredRevenue`	$32.54M	USD	2 Qtrs
Revenue earned against deferred revenue and other advances	`RecognitionOfDeferredRevenue`	$49.36M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$11.25M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$26.70M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.57M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-15.52M	USD	2 Qtrs
Receivable from Paramount	`IncreaseDecreaseInReceivableFromParamount`	$-10.79M	USD	2 Qtrs
Receivable from Paramount	`IncreaseDecreaseInReceivableFromParamount`	$-12.45M	USD	2 Qtrs
Film and other inventory costs	`IncreaseDecreaseInFilmCosts`	$-233.50M	USD	2 Qtrs
Film and other inventory costs	`IncreaseDecreaseInFilmCosts`	$-233.90M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.75M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.37M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-35.45M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.80M	USD	2 Qtrs
Payable to former stockholder	`IncreaseDecreasePayableToFormerStockholder`	$-32.66M	USD	2 Qtrs
Payable to former stockholder	`IncreaseDecreasePayableToFormerStockholder`	$-14.59M	USD	2 Qtrs
Income taxes payable/receivable, net	`IncreaseDecreaseInIncomeTaxesReceivable`	$276.00K	USD	2 Qtrs
Income taxes payable/receivable, net	`IncreaseDecreaseInIncomeTaxesReceivable`	$8.74M	USD	2 Qtrs
Deferred revenue and other advances	`IncreaseDecreaseInDeferredRevenue`	$71.17M	USD	2 Qtrs
Deferred revenue and other advances	`IncreaseDecreaseInDeferredRevenue`	$58.50M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.98M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.67M	USD	2 Qtrs
Purchases of non-marketable securities	`PaymentsToAcquireOtherInvestments`	-	USD	2 Qtrs
Purchases of non-marketable securities	`PaymentsToAcquireOtherInvestments`	$150.00K	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.35M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.35M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.35M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.50M	USD	2 Qtrs
Deferred financing costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Deferred financing costs	`PaymentsOfDebtIssuanceCosts`	$338.00K	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$4.17M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$25.66M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-26.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.17M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-331.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$79.00K	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-34.92M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-50.66M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$81.18M	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`	$113.16M	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`	$81.18M	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`	$113.16M	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`	$610.00K	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`	$290.00K	USD	2 Qtrs
Cash paid during the period for interest, net of amounts capitalized	`InterestPaidNet`	$395.00K	USD	2 Qtrs

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$21.85M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$42.87M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$34.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.77M	USD	1 Quarter
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$123.00K	USD	2 Qtrs
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-232.00K	USD	2 Qtrs
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-338.00K	USD	1 Quarter
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-378.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$42.63M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$21.97M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.39M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$33.73M	USD	1 Quarter

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