BBND » Topics » Foreign Currency Translation

These excerpts taken from the BBND 10-K filed Mar 10, 2009.
Foreign Currency Translation
 
The functional currency of the Company’s foreign subsidiaries is the U.S. dollar. Translation adjustments resulting from remeasuring the foreign currency denominated financial statements of subsidiaries into U.S. dollars are included in the Company’s consolidated statements of operations. Translation gains and losses have not been significant to date.
 
Foreign
Currency Translation



 



The functional currency of the Company’s foreign
subsidiaries is the U.S. dollar. Translation adjustments
resulting from remeasuring the foreign currency denominated
financial statements of subsidiaries into U.S. dollars are
included in the Company’s consolidated statements of
operations. Translation gains and losses have not been
significant to date.


 




These excerpts taken from the BBND 10-K filed Mar 12, 2008.

Foreign Currency Translation

The functional currency of the Company’s foreign subsidiaries is the U.S. dollar. Translation adjustments resulting from remeasuring the foreign currency denominated financial statements of subsidiaries into U.S. dollars are included in the Company’s consolidated statements of operations. Translation gains and losses have not been significant to date.

Foreign Currency Translation

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">The functional currency of the Company’s foreign subsidiaries is the U.S. dollar. Translation adjustments resulting from remeasuring the foreign
currency denominated financial statements of subsidiaries into U.S. dollars are included in the Company’s consolidated statements of operations. Translation gains and losses have not been significant to date.

STYLE="margin-top:18px;margin-bottom:0px; margin-left:4%">Comprehensive Income (Loss)

SFAS
No. 130, Reporting Comprehensive Income, requires components of other comprehensive income to be included as part of total comprehensive income. Components of comprehensive income (loss) include unrealized gains and losses on
available-for-sale securities, unrealized gains from derivatives designated as cash flow hedges, and realized gains from derivatives designated as cash flow hedges but not yet reclassified to operating expenses. Comprehensive income (loss) for the
years ended December 31, 2007, 2006 and 2005 are as follows (in thousands):

 























































































   Years ended
December 31,
   2007  2006

Net income (loss)

  $(25,367) $8,877

Unrealized gain on available-for-sale securities

   194   27

Unrealized gain on derivatives designated as cash flow hedges

   3   —  

Realized gain on derivatives designated as cash flow hedges not yet reclassified to operating expenses

   42   —  
        

Comprehensive income (loss)

  $(25,128) $8,904
        
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