Annual Report — Form 10-K Filing Table of Contents
Document/ExhibitDescriptionPagesSize
1: 10-K Annual Report HTML 1.36M
2: EX-21.1 Subsidiaries List HTML 32K
3: EX-23.1 Consent of Expert or Counsel HTML 27K
4: EX-31.1 Certification -- §302 - SOA'02 HTML 33K
5: EX-31.2 Certification -- §302 - SOA'02 HTML 33K
6: EX-32 Certification -- §906 - SOA'02 HTML 31K
13: R1 Cover Page HTML 92K
14: R2 Consolidated Balance Sheets HTML 114K
15: R3 Consolidated Balance Sheets (Parenthetical) HTML 41K
16: R4 Consolidated Statements of Operations HTML 91K
17: R5 Consolidated Statements of Comprehensive Income HTML 46K
18: R6 Consolidated Statements of Stockholders' Equity HTML 94K
19: R7 Consolidated Statements of Cash Flows HTML 114K
20: R8 Summary of Operations and Significant Accounting HTML 100K
Policies
21: R9 Fair Value Measurements and Other Long-term HTML 38K
Investments
22: R10 Sale of Webdam HTML 30K
23: R11 Property and Equipment HTML 42K
24: R12 Goodwill and Intangible Assets HTML 62K
25: R13 Accrued Expenses HTML 37K
26: R14 Stockholders' Equity HTML 39K
27: R15 Revenue HTML 46K
28: R16 Equity-Based Compensation HTML 90K
29: R17 Other Income / (Expense), net HTML 39K
30: R18 Income Taxes HTML 106K
31: R19 Net Income Per Share HTML 49K
32: R20 Segment and Geographic Information HTML 53K
33: R21 Leasing HTML 47K
34: R22 Commitments and Contingencies HTML 40K
35: R23 Unaudited Quarterly Financial Data HTML 102K
36: R24 Subsequent Events HTML 30K
37: R25 Summary of Operations and Significant Accounting HTML 146K
Policies (Policies)
38: R26 Summary of Operations and Significant Accounting HTML 69K
Policies (Tables)
39: R27 Property and Equipment (Tables) HTML 41K
40: R28 Goodwill and Intangible Assets (Tables) HTML 62K
41: R29 Accrued Expenses (Tables) HTML 37K
42: R30 Revenue (Tables) HTML 40K
43: R31 Equity-Based Compensation (Tables) HTML 90K
44: R32 Other Income / (Expense), net (Tables) HTML 39K
45: R33 Income Taxes (Tables) HTML 110K
46: R34 Net Income Per Share (Tables) HTML 48K
47: R35 Segment and Geographic Information (Tables) HTML 48K
48: R36 Leasing (Tables) HTML 47K
49: R37 Commitments and Contingencies (Tables) HTML 35K
50: R38 Unaudited Quarterly Financial Data (Tables) HTML 102K
51: R39 Summary of Operations and Significant Accounting HTML 37K
Policies - Cash, Cash Equivalents and Restricted
Cash (Details)
52: R40 Summary of Operations and Significant Accounting HTML 38K
Policies - Accounts Receivable and Allowance for
Doubtful Accounts (Details)
53: R41 Summary of Operations and Significant Accounting HTML 29K
Policies - Chargeback and Sales Refund Allowance
(Details)
54: R42 Summary of Operations and Significant Accounting HTML 35K
Policies - Property and Equipment (Details)
55: R43 Summary of Operations and Significant Accounting HTML 36K
Policies - Capitalized Internal Use Software and
Impairment of Long-Lived Assets (Details)
56: R44 Summary of Operations and Significant Accounting HTML 41K
Policies - Revenue Recognition (Details)
57: R45 Summary of Operations and Significant Accounting HTML 36K
Policies - Contributor Royalties and Internal
Sales Commissions (Details)
58: R46 Summary of Operations and Significant Accounting HTML 30K
Policies - Advertising Costs (Details)
59: R47 Summary of Operations and Significant Accounting HTML 45K
Policies - Equity-Based Compensation (Details)
60: R48 Summary of Operations and Significant Accounting HTML 29K
Policies - Employee Benefit Plans (Details)
61: R49 Summary of Operations and Significant Accounting HTML 30K
Policies - Reportable Segments (Details)
62: R50 Summary of Operations and Significant Accounting HTML 31K
Policies - Foreign Currency (Details)
63: R51 Summary of Operations and Significant Accounting HTML 36K
Policies - Recently Adopted Accounting Standard
Update (Details)
64: R52 Fair Value Measurements and Other Long-term HTML 57K
Investments (Details)
65: R53 Sale of Webdam (Details) HTML 44K
66: R54 Property and Equipment - Summary of Property and HTML 42K
Equipment (Details)
67: R55 Property and Equipment - Narrative (Details) HTML 44K
68: R56 Goodwill and Intangible Assets - Narrative HTML 52K
(Details)
69: R57 Goodwill and Intangible Assets - Changes in HTML 32K
Goodwill (Details)
70: R58 Goodwill and Intangible Assets - Schedule of HTML 52K
Intangible Assets (Details)
71: R59 Accrued Expenses (Details) HTML 38K
72: R60 Stockholders? Equity - Stock Offering (Details) HTML 41K
73: R61 Stockholders' Equity (Details) HTML 77K
74: R62 Revenue - Narrative (Details) HTML 31K
75: R63 Revenue - Revenue by Distribution Channel HTML 43K
(Details)
76: R64 Equity-Based Compensation - Summary of Non-cash HTML 45K
Equity-based Compensation Expense (Details)
77: R65 Equity-Based Compensation - Narrative (Details) HTML 80K
78: R66 Equity-Based Compensation - Summary of Stock HTML 55K
Option Awards and Weighted Average Exercise Price
per Option (Details)
79: R67 Equity-Based Compensation - Intrinsic Value of HTML 35K
Stock Options (Details)
80: R68 Equity-Based Compensation - Weighted Average HTML 41K
Assumptions (Details)
81: R69 Equity-Based Compensation - Summary of RSUs HTML 56K
Activity (Details)
82: R70 Other Income / (Expense), net (Details) HTML 38K
83: R71 Income Taxes - Income (Loss) Before Income Taxes HTML 38K
(Details)
84: R72 Income Taxes - Consolidated Provision for Income HTML 52K
Taxes (Details)
85: R73 Income Taxes - Tax Rate Reconciliation (Details) HTML 55K
86: R74 Income Taxes - Narrative (Details) HTML 46K
87: R75 Income Taxes - Deferred Tax Assets and Liabilities HTML 52K
(Details)
88: R76 Income Taxes - Changes in Unrecognized Tax HTML 40K
Benefits (Details)
89: R77 Net Income Per Share (Details) HTML 68K
90: R78 Segment and Geographic Information - Schedule of HTML 52K
Segment Reporting Information, by Segment
(Details)
91: R79 Segment and Geographic Information - Revenue from HTML 43K
External Customers by Geographic Areas (Details)
92: R80 Segment and Geographic Information - Narrative HTML 39K
(Details)
93: R81 Segment and Geographic Information - Long-lived HTML 36K
Assets by Geographic Areas (Details)
94: R82 Leasing - Narrative (Details) HTML 49K
95: R83 Leasing - Balance Sheet Information (Details) HTML 38K
96: R84 Leasing - Maturities of Lease Liabilities HTML 47K
(Details)
97: R85 Commitments and Contingencies - Schedule of Other HTML 41K
Non-Lease Obligations (Details)
98: R86 Commitments and Contingencies - Narrative HTML 32K
(Details)
99: R87 Unaudited Quarterly Financial Data (Details) HTML 97K
100: R88 Subsequent Events (Details) HTML 34K
102: XML IDEA XML File -- Filing Summary XML 192K
12: XML XBRL Instance -- sstk-20201231_htm XML 2.13M
101: EXCEL IDEA Workbook of Financial Reports XLSX 125K
8: EX-101.CAL XBRL Calculations -- sstk-20201231_cal XML 269K
9: EX-101.DEF XBRL Definitions -- sstk-20201231_def XML 606K
10: EX-101.LAB XBRL Labels -- sstk-20201231_lab XML 1.74M
11: EX-101.PRE XBRL Presentations -- sstk-20201231_pre XML 1.08M
7: EX-101.SCH XBRL Schema -- sstk-20201231 XSD 173K
103: JSON XBRL Instance as JSON Data -- MetaLinks 441± 648K
104: ZIP XBRL Zipped Folder -- 0001549346-21-000012-xbrl Zip 453K
1. I have reviewed this annual report on Form 10-K of Shutterstock, Inc.;
2. Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant’s other certifying officer(s) and I are responsible
for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report
is being prepared;
(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)Disclosed
in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent
evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b)Any fraud, whether or not material,
that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
