Netflix, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the fourth quarter, the company reported revenue of $875,575,000 compared to $595,922,000 a year ago. Operating income was $70,872,000 compared to $78,453,000 a year ago. Income before income taxes was $65,835,000 compared to $74,559,000 a year ago. Net income was $40,732,000 or $0.73 per diluted share compared to $47,095,000 or $0.87 per diluted share a year ago. Net cash provided by operating activities was $65,466,000 compared to $96,717,000 a year ago. Purchases of property and equipment were $10,656,000 compared to $14,431,000 a year ago. Non-GAAP free cash flow was $33,921,000 compared to $51,433,000 a year ago. For the full year, the company reported revenue of $3,204,577,000 compared to $2,162,625,000 a year ago. Operating income was $385,068,000 compared to $283,641,000 a year ago. Income before income taxes was $368,522,000 compared to $267,696,000 a year ago. Net income was $231,639,000 or $4.26 per diluted share compared to $160,853,000 or $2.96 per diluted share a year ago. Net cash provided by operating activities was $317,712,000 compared to $276,401,000 a year ago. Purchases of property and equipment were $49,682,000 compared to $33,837,000 a year ago. Non-GAAP free cash flow was $186,550,000 compared to $131,007,000 a year ago.