ISTA » Topics » Comprehensive Income

This excerpt taken from the ISTA 10-K filed Mar 16, 2007.

Comprehensive Income

Statement of Financial Accounting Standard, or SFAS, No. 130, “Reporting Comprehensive Income”, requires reporting and displaying comprehensive income (loss) and its components, which, for ISTA, includes net loss and unrealized gains and losses on investments and foreign currency translation gains and losses. Total comprehensive loss for the year ended December 31, 2006 and 2005 was $38.4 million and $38.5 million, respectively. In accordance with SFAS No. 130, the accumulated balance of unrealized gains (losses) on investments and the accumulated balance of foreign currency translation adjustments are disclosed as separate components of stockholders’ equity.

As of December 31, 2006 and 2005, accumulated foreign currency translation adjustments were ($25,000) and ($24,000), respectively, and accumulated unrealized gains (losses) on investments were $1,000 and ($60,000), respectively. Comprehensive loss is reflected in the consolidated statements of stockholders’ equity.

This excerpt taken from the ISTA 10-K filed Mar 6, 2006.

Comprehensive Income

Statement of Financial Accounting Standard, or SFAS, No. 130, “Reporting Comprehensive Income”, requires reporting and displaying comprehensive income (loss) and its components, which, for ISTA, includes net loss and unrealized gains and losses on investments and foreign currency translation gains and losses. Total comprehensive loss for the year ended December 31, 2005 and 2004 was $38,482,000 and $40,478,000, respectively. In accordance with SFAS No. 130, the

 

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accumulated balance of unrealized gains (losses) on investments and the accumulated balance of foreign currency translation adjustments are disclosed as separate components of stockholders’ equity.

As of December 31, 2005 and 2004, accumulated foreign currency translation adjustments were ($37,000) and ($24,000), respectively, and accumulated unrealized gains (losses) on investments were ($47,000) and ($58,000), respectively. Comprehensive loss is reflected in the consolidated statements of stockholders’ equity.

This excerpt taken from the ISTA 10-K filed Mar 15, 2005.

Comprehensive Income

 

The Company has adopted the provisions of SFAS No. 130, “Reporting Comprehensive Income”, which establishes standards for reporting comprehensive income and its components in financial statements. Comprehensive income, as defined, includes all changes in equity (net assets) during a period from non-owner sources. Net loss and other comprehensive loss, including foreign currency translation adjustment and unrealized gains and losses on investments shall be reported, net of their related tax effect, to arrive at comprehensive loss.

 

As of December 31, 2004 and 2003, accumulated foreign currency translation adjustments were ($24,000) and ($25,000), respectively, and accumulated unrealized losses on investments were ($58,000) and ($3,000), respectively. Comprehensive loss is reflected in the consolidated statements of stockholders’ equity.

 

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