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10-Q Filing

DREAMWORKS ANIMATION SKG, INC. CIK: 1297401 Q1 2013
Filing Information
Form Type 10-Q
Accession Number 0001297401-13-000013
Period End Date 20130331
Filing Date 20130502
Fiscal Year 2013
Fiscal Period Q1
XBRL Instance dwa-20130331.xml
Filing Contents
Balance Sheet 54 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $76.23M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $116.09M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $89.44M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $59.25M USD Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts AccountsReceivableNet $99.95M USD Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts AccountsReceivableNet $109.10M USD Point-in-time
Receivable from distributors, net of allowance for doubtful accounts ReceivableFromDistributorsNet $266.19M USD Point-in-time
Receivable from distributors, net of allowance for doubtful accounts ReceivableFromDistributorsNet $213.96M USD Point-in-time
Film and other inventory costs, net FilmCosts $820.48M USD Point-in-time
Film and other inventory costs, net FilmCosts $880.58M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrentAndNoncurrent $18.59M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrentAndNoncurrent $22.84M USD Point-in-time
Other assets OtherAssets $24.44M USD Point-in-time
Other assets OtherAssets $24.65M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation and amortization PropertyPlantAndEquipmentNet $187.66M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation and amortization PropertyPlantAndEquipmentNet $188.99M USD Point-in-time
Deferred taxes, net DeferredTaxAssetsLiabilitiesNet $238.01M USD Point-in-time
Deferred taxes, net DeferredTaxAssetsLiabilitiesNet $237.78M USD Point-in-time
Intangible assets, net of accumulated amortization IntangibleAssetsNetExcludingGoodwill $148.23M USD Point-in-time
Intangible assets, net of accumulated amortization IntangibleAssetsNetExcludingGoodwill $143.23M USD Point-in-time
Goodwill Goodwill $71.41M USD Point-in-time
Goodwill Goodwill $71.41M USD Point-in-time
Total assets Assets $1.94B USD Point-in-time
Total assets Assets $1.96B USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $6.61M USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $9.38M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrentAndNoncurrent $123.89M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrentAndNoncurrent $127.89M USD Point-in-time
Payable to former stockholder PayableToReceivableFromFormerStockholder $251.93M USD Point-in-time
Payable to former stockholder PayableToReceivableFromFormerStockholder $277.63M USD Point-in-time
Deferred revenue and other advances DeferredRevenue $25.52M USD Point-in-time
Deferred revenue and other advances DeferredRevenue $62.13M USD Point-in-time
Revolving credit facility LineOfCreditFacilityAmountOutstanding $165.00M USD Point-in-time
Revolving credit facility LineOfCreditFacilityAmountOutstanding $165.00M USD Point-in-time
Total liabilities Liabilities $598.65M USD Point-in-time
Total liabilities Liabilities $616.33M USD Point-in-time
Commitments and contingencies (Note 16) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 16) CommitmentsAndContingencies - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.07B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.06B USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $313.00K USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.18M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.02B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.02B USD Point-in-time
Less: Class A Treasury common stock, at cost, 26,538,509 and 25,661,817 shares, as of March 31, 2013 and December 31, 2012, respectively TreasuryStockValue $730.57M USD Point-in-time
Less: Class A Treasury common stock, at cost, 26,538,509 and 25,661,817 shares, as of March 31, 2013 and December 31, 2012, respectively TreasuryStockValue $747.07M USD Point-in-time
Total DreamWorks Animation SKG, Inc. stockholders equity StockholdersEquity $1.34B USD Point-in-time
Total DreamWorks Animation SKG, Inc. stockholders equity StockholdersEquity $1.35B USD Point-in-time
Non-controlling interests MinorityInterest $1.17M USD Point-in-time
Non-controlling interests MinorityInterest $630.00K USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.34B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.35B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.94B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.96B USD Point-in-time
Income Statement 36 line items
Line Item Tag Value Unit Period
Revenues Revenues $134.65M USD 1 Quarter
Revenues Revenues $136.08M USD 1 Quarter
Costs of revenues CostOfRevenue $85.52M USD 1 Quarter
Costs of revenues CostOfRevenue $96.50M USD 1 Quarter
Gross profit GrossProfit $49.13M USD 1 Quarter
Gross profit GrossProfit $39.58M USD 1 Quarter
Product development ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost $963.00K USD 1 Quarter
Product development ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost $1.13M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $42.79M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $27.46M USD 1 Quarter
Operating income OperatingIncomeLoss $5.38M USD 1 Quarter
Operating income OperatingIncomeLoss $10.98M USD 1 Quarter
Interest income, net InterestIncomeExpenseNonoperatingNet $568.00K USD 1 Quarter
Interest income, net InterestIncomeExpenseNonoperatingNet $863.00K USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $992.00K USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $2.52M USD 1 Quarter
(Increase) decrease in income tax benefit payable to former stockholder ExpenseGainIncomeTaxBenefitPayableToFormerStockholder $-109.00K USD 1 Quarter
(Increase) decrease in income tax benefit payable to former stockholder ExpenseGainIncomeTaxBenefitPayableToFormerStockholder $698.00K USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $14.18M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $6.53M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $5.10M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $418.00K USD 1 Quarter
Net income ProfitLoss $6.11M USD 1 Quarter
Net income ProfitLoss $9.07M USD 1 Quarter
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-537.00K USD 1 Quarter
Net income attributable to DreamWorks Animation SKG, Inc NetIncomeLoss $5.58M USD 1 Quarter
Net income attributable to DreamWorks Animation SKG, Inc NetIncomeLoss $9.07M USD 1 Quarter
Basic net income per share (in dollars per share) EarningsPerShareBasic $0.11 USD 1 Quarter
Basic net income per share (in dollars per share) EarningsPerShareBasic $0.07 USD 1 Quarter
Diluted net income per share (in dollars per share) EarningsPerShareDiluted $0.11 USD 1 Quarter
Diluted net income per share (in dollars per share) EarningsPerShareDiluted $0.07 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 84.67M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 83.95M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 85.27M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 84.84M shares 1 Quarter
Cash Flow Statement 64 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $6.11M USD 1 Quarter
Net income ProfitLoss $9.07M USD 1 Quarter
Amortization and write-off of film and other inventory costs AmortizationAndWriteOffOfFilmAndOtherInventoryCosts $81.59M USD 1 Quarter
Amortization and write-off of film and other inventory costs AmortizationAndWriteOffOfFilmAndOtherInventoryCosts $60.04M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets - USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $1.69M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $4.08M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $5.14M USD 1 Quarter
Provision for doubtful accounts and returns reserves ProvisionForDoubtfulAccountsAndReturnsReserves $-175.00K USD 1 Quarter
Provision for doubtful accounts and returns reserves ProvisionForDoubtfulAccountsAndReturnsReserves $-8.18M USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts - USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $85.00K USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $842.00K USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $983.00K 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 $11.15M USD 1 Quarter
Deferred taxes, net DeferredIncomeTaxesAndTaxCredits $4.96M USD 1 Quarter
Deferred taxes, net DeferredIncomeTaxesAndTaxCredits $231.00K USD 1 Quarter
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $-5.57M USD 1 Quarter
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $-12.29M USD 1 Quarter
Receivable from distributors IncreaseDecreaseInReceivableFromDistributors $12.40M USD 1 Quarter
Receivable from distributors IncreaseDecreaseInReceivableFromDistributors $-52.23M USD 1 Quarter
Film and other inventory costs IncreaseDecreaseInFilmCosts $-116.71M USD 1 Quarter
Film and other inventory costs IncreaseDecreaseInFilmCosts $-109.35M USD 1 Quarter
Intangible assets IncreaseDecreaseInIntangibleAssets $1.01M USD 1 Quarter
Intangible assets IncreaseDecreaseInIntangibleAssets - USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $6.37M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $12.36M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-6.26M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $6.59M USD 1 Quarter
Payable to former stockholder IncreaseDecreasePayableToFormerStockholder $-25.70M USD 1 Quarter
Payable to former stockholder IncreaseDecreasePayableToFormerStockholder $-14.31M USD 1 Quarter
Income taxes payable/receivable, net IncreaseDecreaseInIncomeTaxesReceivable $-502.00K USD 1 Quarter
Income taxes payable/receivable, net IncreaseDecreaseInIncomeTaxesReceivable $-2.52M USD 1 Quarter
Deferred revenue and other advances IncreaseDecreaseInDeferredRevenue $42.11M USD 1 Quarter
Deferred revenue and other advances IncreaseDecreaseInDeferredRevenue $54.64M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $41.68M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-14.65M USD 1 Quarter
Investment in unconsolidated affiliate PaymentsToAcquireInterestInSubsidiariesAndAffiliates - USD 1 Quarter
Investment in unconsolidated affiliate PaymentsToAcquireInterestInSubsidiariesAndAffiliates $500.00K USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $11.82M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $8.09M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-11.82M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-8.59M USD 1 Quarter
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock $16.55M USD 1 Quarter
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock $255.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-255.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-16.55M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $73.00K USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $447.00K USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $16.99M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-26.66M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $76.23M 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 $89.44M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $59.25M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $76.23M 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 $89.44M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $59.25M USD Point-in-time
Cash (refunded) paid during the period for income taxes, net IncomeTaxesPaidNet $180.00K USD 1 Quarter
Cash (refunded) paid during the period for income taxes, net IncomeTaxesPaidNet $-2.28M USD 1 Quarter
Cash paid during the period for interest, net of amounts capitalized InterestPaidNet $217.00K USD 1 Quarter
Cash paid during the period for interest, net of amounts capitalized InterestPaidNet $278.00K USD 1 Quarter
Comprehensive Income 10 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $6.11M USD 1 Quarter
Net income ProfitLoss $9.07M USD 1 Quarter
Foreign currency translation (losses) gains OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $501.00K USD 1 Quarter
Foreign currency translation (losses) gains OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.49M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.62M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $9.57M USD 1 Quarter
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $537.00K USD 1 Quarter
Comprehensive income attributable to DreamWorks Animation SKG, Inc. ComprehensiveIncomeNetOfTax $3.08M USD 1 Quarter
Comprehensive income attributable to DreamWorks Animation SKG, Inc. ComprehensiveIncomeNetOfTax $9.57M USD 1 Quarter

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

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