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MRVL » Topics » Fair Value of Financial Instruments

This excerpt taken from the MRVL 10-K filed Apr 13, 2006.

Fair Value of Financial Instruments

The fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties. The carrying amounts for cash and cash equivalents, accounts receivable, prepaid expenses and other current assets, accounts payable, accrued liabilities, accrued employee compensation and accrued acquisition costs approximate their respective fair values because of the short-term nature of these items.

This excerpt taken from the MRVL 10-K filed Apr 14, 2005.

Fair Value of Financial Instruments

        The fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties. The carrying amounts for cash and cash equivalents, accounts receivable, prepaid expenses and other current assets, accounts payable, accrued liabilities, accrued employee compensation and accrued acquisition costs approximate their respective fair values because of the short-term nature of these items.

EXCERPTS ON THIS PAGE:

10-K
Apr 13, 2006
10-K
Apr 14, 2005

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