OPTV » Topics » Comprehensive Income (loss)

This excerpt taken from the OPTV 10-K filed Mar 10, 2009.

Comprehensive Income (Loss)

We account for comprehensive income in accordance with the provisions of SFAS No. 130, “Reporting Comprehensive Income.” This statement requires companies to classify items of comprehensive income by their nature in the consolidated financial statements and display the accumulated balance of other comprehensive income separately from retained earnings and additional paid-in capital in the equity section of the consolidated balance sheets. Accordingly, we reported foreign currency translation adjustments and the unrealized gain (loss) on marketable securities in comprehensive income (loss).

These excerpts taken from the OPTV 10-K filed Mar 11, 2008.

Comprehensive Income (loss)

We account for comprehensive income in accordance with the provisions of SFAS No. 130, “Reporting Comprehensive Income.” This statement requires companies to classify items of comprehensive income by their nature in the consolidated financial statements and display the accumulated balance of other comprehensive income separately from retained earnings and additional paid-in capital in the equity section of the consolidated balance sheets. Accordingly, we reported foreign currency translation adjustments and the unrealized gain (loss) on marketable securities in comprehensive income (loss).

Comprehensive Income (loss)

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">We account for comprehensive income in accordance with the provisions of SFAS No. 130, “Reporting Comprehensive Income.” This
statement requires companies to classify items of comprehensive income by their nature in the consolidated financial statements and display the accumulated balance of other comprehensive income separately from retained earnings and additional
paid-in capital in the equity section of the consolidated balance sheets. Accordingly, we reported foreign currency translation adjustments and the unrealized gain (loss) on marketable securities in comprehensive income (loss).

STYLE="margin-top:18px;margin-bottom:0px; margin-left:2%">Foreign Currency Translation

SIZE="2">The functional currency of our foreign subsidiaries is generally the local currency. Assets and liabilities are translated into United States dollars at the balance sheet date exchange rate. Revenues and expenses are translated at the
average exchange rate prevailing during the period. The related gains and losses from translation are recorded as a translation adjustment in a separate component of shareholders’ equity. Foreign currency transaction gains and losses are
included in results of operations.

This excerpt taken from the OPTV 10-K filed Mar 15, 2007.
Comprehensive Income (loss)
 
We account for comprehensive income in accordance with the provisions of SFAS No. 130, “Reporting Comprehensive Income.” This statement requires companies to classify items of comprehensive income by their nature in the consolidated financial statements and display the accumulated balance of other comprehensive income separately from retained earnings and additional paid-in capital in the equity section of the consolidated balance sheets. Accordingly, we reported foreign currency translation adjustments and the unrealized gain (loss) on marketable securities in comprehensive income (loss).
 
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