|
|
 | | | |
- close
- close
- close
- close
| |||||||||
These excerpts taken from the FADV 10-K filed Feb 26, 2009. Fair Value of Financial Instruments The carrying amount of the Company’s financial instruments at December 31, 2008 and 2007, which includes cash and cash equivalents, marketable equity securities and accounts receivable, approximates fair value because of the short maturity of those instruments. The Company’s marketable equity securities are classified as available for sale securities. Unrealized holding gains and losses for available for sale securities are excluded from earnings and reported, net of taxes, as accumulated other comprehensive (loss) income. The Company considers its variable rate debt to be representative of current market rates and, accordingly, estimates that the recorded amounts approximate fair market value. Fair value estimates of its fixed rate debt were determined using discounted cash flow methods with a discount rate of 3.25% and 7.25%, which are the estimated rates that similar instruments could be negotiated at December 31, 2008 and 2007, respectively. The estimated fair values of the Company’s financial instruments, none of which are held for trading purposes, are summarized as follows:
Fair Value of Financial Instruments The carrying amount of the Company’s financial instruments at December 31, 2008 and 2007, which includes cash and cash equivalents, marketable equity securities and accounts receivable, approximates fair value because of the short maturity of those instruments. The Company’s marketable equity securities are classified as available for sale securities. Unrealized holding gains and losses for available for sale securities are excluded from earnings and reported, net of taxes, as accumulated other comprehensive (loss) income. The Company considers its variable rate debt to be representative of current market rates and, accordingly, estimates that the recorded amounts approximate fair market value. Fair value estimates of its fixed rate debt were determined using discounted cash flow methods with a discount rate of 3.25% and 7.25%, which are the estimated rates that similar instruments could be negotiated at December 31, 2008 and 2007, respectively. The estimated fair values of the Company’s financial instruments, none of which are held for trading purposes, are summarized as follows:
Fair Value The carrying amount of the Company’s financial instruments at December 31, 2008 and 2007, which SIZE="2">The estimated fair values of the Company’s financial instruments, none of which are held for trading purposes, are summarized as follows:
Fair Value The carrying amount of the Company’s financial instruments at December 31, 2008 and 2007, which SIZE="2">The estimated fair values of the Company’s financial instruments, none of which are held for trading purposes, are summarized as follows:
These excerpts taken from the FADV 10-K filed Feb 28, 2008. Fair Value of Financial Instruments The carrying amount of the Company’s financial instruments at December 31, 2007 and 2006, which includes cash and cash equivalents, marketable equity securities and accounts receivable, approximates fair value because of the short maturity of those instruments. The Company’s marketable equity securities are classified as available for sale securities. Unrealized holding gains and losses for available for sale securities are excluded from earnings and reported, net of taxes, as accumulated other comprehensive income (loss). The Company considers its variable rate debt to be representative of current market rates and, accordingly, estimates that the recorded amounts approximate fair market value. Fair value estimates of its fixed rate debt were determined using discounted cash flow methods with a discount rate of 7.25% and 8.25%, which are the estimated rates that similar instruments could be negotiated at December 31, 2007 and 2006, respectively. The estimated fair values of the Company’s financial instruments, none of which are held for trading purposes, are summarized as follows:
Fair Value of Financial Instruments equity securities and accounts receivable, approximates fair value because of the short maturity of those instruments. The Company’s marketable equity securities are classified as available for sale securities. Unrealized holding gains and losses for available for sale securities are excluded from earnings and reported, net of taxes, as accumulated other comprehensive income (loss). The Company considers its variable rate debt to be representative of current market rates and, accordingly, estimates that the recorded amounts approximate fair market value. Fair value estimates of its fixed rate debt were determined using discounted cash flow methods with a discount rate of 7.25% and 8.25%, which are the estimated rates that similar instruments could be negotiated at December 31, 2007 and 2006, respectively. The estimated fair values of the
This excerpt taken from the FADV 10-K filed Mar 1, 2007. Fair Value of Financial Instruments The carrying amount of the Company’s financial instruments at December 31, 2006 and 2005, which includes cash and cash equivalents and accounts receivable, approximates fair value because of the short maturity of those instruments. The Company considers the variable rate debt to be representative of current market rates and, accordingly, estimates that the recorded amounts approximate fair market value. Fair value estimates of the fixed rate debt were determined using discounted cash flow methods with a discount rate of 8.25% and 7.25%, which estimates the rate that similar instruments could be negotiated at December 31, 2006 and 2005, respectively. The estimated fair values of the Company’s financial instruments, none of which are held for trading purposes, are summarized as follows:
49
First Advantage Corporation Notes to Consolidated Financial Statements—(Continued) For the Years Ended December 31, 2006, 2005 and 2004
This excerpt taken from the FADV 10-K filed Mar 31, 2006. Fair Value of Financial Instruments
The carrying amount of the Company’s financial instruments at December 31, 2004 and 2003, which includes cash and cash equivalents and accounts receivable, approximates fair value because of the short maturity of those instruments. The Company considers the variable rate debt to be representative of current market rates and, accordingly, estimates that the recorded amounts approximate fair market value. Fair value estimates of the fixed rate debt were determined using discounted cash flow methods with a discount rate of 5.25% and 4.0%, which is the rate that similar instruments could be negotiated at December 31, 2004 and 2003, respectively.
36
First Advantage Corporation
Notes to Consolidated Financial Statements—(Continued) For the Years Ended December 31, 2004, 2003 and 2002
The estimated fair values of the Company’s financial instruments, none of which are held for trading purposes, are summarized as follows:
This excerpt taken from the FADV 10-K filed Mar 16, 2006. Fair Value of Financial Instruments The carrying amount of the Company’s financial instruments at December 31, 2005 and 2004, which includes cash and cash equivalents and accounts receivable, approximates fair value because of the short maturity of those instruments. The Company considers the variable rate debt to be representative of current market rates and, accordingly, estimates that the recorded amounts approximate fair market value. Fair value estimates of the fixed rate debt were determined using discounted cash flow methods with a discount rate of 7.25% and 5.25%, which is the rate that similar instruments could be negotiated at December 31, 2005 and 2004, respectively. The estimated fair values of the Company’s financial instruments, none of which are held for trading purposes, are summarized as follows:
This excerpt taken from the FADV 8-K filed Dec 20, 2005. Fair Value of Financial Instruments
The carrying amount of the Company’s financial instruments at December 31, 2004, which includes cash and cash equivalents, accounts receivable, and accounts payable, approximates fair value because of the short maturity of those instruments.
This excerpt taken from the FADV DEF 14A filed Aug 8, 2005. Fair Value of Financial Instruments
The carrying amount of the Company’s financial instruments at December 31, 2004 and 2003, which includes cash and cash equivalents, accounts receivable, and notes receivable approximates fair value because of the short maturity of those instruments. The Company considers the variable rate debt to be representative of current market rates and, accordingly, estimates that the recorded amounts approximate fair market value.
This excerpt taken from the FADV 10-K filed Mar 10, 2005. Fair Value of Financial Instruments
The carrying amount of the Company’s financial instruments at December 31, 2004 and 2003, which includes cash and cash equivalents and accounts receivable, approximates fair value because of the short maturity
33
First Advantage Corporation
Notes to Consolidated Financial Statements—(Continued) For the Years Ended December 31, 2004, 2003 and 2002
of those instruments. The Company considers the variable rate debt to be representative of current market rates and, accordingly, estimates that the recorded amounts approximate fair market value. Fair value estimates of the fixed rate debt were determined using discounted cash flow methods with a discount rate of 5.25% and 4.0%, which is the rate that similar instruments could be negotiated at December 31, 2004 and 2003, respectively.
The estimated fair values of the Company’s financial instruments, none of which are held for trading purposes, are summarized as follows:
| EXCERPTS ON THIS PAGE:
RELATED TOPICS for FADV: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||
