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SEC Filings

10-K
AMAZON COM INC filed this Form 10-K on 01/30/2013
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Table of Contents

Scheduled vesting for outstanding restricted stock units at December 31, 2012 is as follows (in millions):

 

     Year Ended December 31,                
     2013      2014      2015      2016      2017      Thereafter      Total  

Scheduled vesting—restricted stock units

     4.8         5.2         3.2         1.7         0.3         0.2         15.4   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

As of December 31, 2012, there was $1.3 billion of net unrecognized compensation cost related to unvested stock-based compensation arrangements. This compensation is recognized on an accelerated basis with approximately half of the compensation expected to be expensed in the next twelve months, and has a weighted average recognition period of 1.2 years.

During 2012 and 2011, the fair value of restricted stock units that vested was $928 million and $1.0 billion.

As matching contributions under our 401(k) savings plan, we granted 0.1 million shares of common stock in 2012 and 2011. Shares granted as matching contributions under our 401(k) plan are included in outstanding common stock when issued.

Common Stock Available for Future Issuance

At December 31, 2012, common stock available for future issuance to employees is 149 million shares.

Note 10—ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Changes in the composition of accumulated other comprehensive income (loss) for 2012, 2011, and 2010 are as follows (in millions):

 

     Foreign currency
translation
adjustments
    Unrealized gains on
available-for-sale
securities
    Total  

Balances as of January 1, 2010

   $ (66   $ 10      $ (56

Other comprehensive income (loss)

     (137     3        (134
  

 

 

   

 

 

   

 

 

 

Balances as of December 31, 2010

   $ (203   $ 13      $ (190

Other comprehensive income (loss)

     (123     (3     (126
  

 

 

   

 

 

   

 

 

 

Balances as of December 31, 2011

   $ (326   $ 10      $ (316

Other comprehensive income (loss)

     76        1        77   
  

 

 

   

 

 

   

 

 

 

Balances as of December 31, 2012

   $ (250   $ 11      $ (239
  

 

 

   

 

 

   

 

 

 

Amounts included in accumulated other comprehensive income (loss) are recorded net of their related income tax effects.

Note 11—INCOME TAXES

In 2012, 2011, and 2010, we recorded net tax provisions of $428 million, $291 million, and $352 million. A majority of this provision is non-cash. We have tax benefits relating to excess stock-based compensation that are being utilized to reduce our U.S. taxable income. As such, cash taxes paid, net of refunds, were $112 million, $33 million, and $75 million for 2012, 2011, and 2010.

 

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