ORCL » Topics » Marketable and Non-Marketable Securities

These excerpts taken from the ORCL 10-K filed Jun 29, 2009.
Marketable and Non-Marketable Securities
 
In accordance with FASB Statement No. 115, Accounting for Certain Investments in Debt and Equity Securities, and based on our intentions regarding these instruments, we classify substantially all of our marketable debt and equity securities as available-for-sale. Marketable debt and equity securities are reported at fair value, with all unrealized gains (losses) reflected net of tax in stockholders’ equity. If we determine that an investment has an other than temporary decline in fair value, we recognize the investment loss in non-operating income, net in the accompanying consolidated statements of operations. We periodically evaluate our investments to determine if impairment charges are required.
 
We hold investments in certain non-marketable equity securities in which we do not have a controlling interest or significant influence. These equity securities are recorded at cost and included in other assets in the accompanying consolidated balance sheets. Our non-marketable securities are subject to periodic impairment reviews and we had nominal impairment losses related to non-marketable equity securities and other investments in fiscal 2009, 2008 and 2007.
 
Marketable
and Non-Marketable Securities



 



In accordance with FASB Statement No. 115, Accounting
for Certain Investments in Debt and Equity Securities,
and
based on our intentions regarding these instruments, we classify
substantially all of our marketable debt and equity securities
as available-for-sale. Marketable debt and equity securities are
reported at fair value, with all unrealized gains (losses)
reflected net of tax in stockholders’ equity. If we
determine that an investment has an other than temporary decline
in fair value, we recognize the investment loss in non-operating
income, net in the accompanying consolidated statements of
operations. We periodically evaluate our investments to
determine if impairment charges are required.


 



We hold investments in certain non-marketable equity securities
in which we do not have a controlling interest or significant
influence. These equity securities are recorded at cost and
included in other assets in the accompanying consolidated
balance sheets. Our non-marketable securities are subject to
periodic impairment reviews and we had nominal impairment losses
related to non-marketable equity securities and other
investments in fiscal 2009, 2008 and 2007.


 




These excerpts taken from the ORCL 10-K filed Jul 2, 2008.
Marketable and Non-Marketable Securities
 
In accordance with FASB Statement No. 115, Accounting for Certain Investments in Debt and Equity Securities, and based on our intentions regarding these instruments, we classify our marketable debt and equity securities as available-for-sale. Marketable debt and equity securities are reported at fair value, with all unrealized gains (losses) reflected net of tax in stockholders’ equity. If we determine that an investment has an other than temporary decline in fair value, we recognize the investment loss in non-operating income, net in the accompanying consolidated statements of operations. We periodically evaluate our investments to determine if impairment charges are required.
 
We hold investments in certain non-marketable equity securities which we do not have a controlling interest or significant influence, which are recorded at cost and included in other assets in the accompanying consolidated balance sheets. Our non-marketable securities are subject to periodic impairment reviews and we had nominal impairment losses related to non-marketable equity securities and other investments in fiscal 2008, 2007 and 2006.
 
Marketable
and Non-Marketable Securities



 



In accordance with FASB Statement No. 115, Accounting
for Certain Investments in Debt and Equity Securities,
and
based on our intentions regarding these instruments, we classify
our marketable debt and equity securities as available-for-sale.
Marketable debt and equity securities are reported at fair
value, with all unrealized gains (losses) reflected net of tax
in stockholders’ equity. If we determine that an investment
has an other than temporary decline in fair value, we recognize
the investment loss in non-operating income, net in the
accompanying consolidated statements of operations. We
periodically evaluate our investments to determine if impairment
charges are required.


 



We hold investments in certain non-marketable equity securities
which we do not have a controlling interest or significant
influence, which are recorded at cost and included in other
assets in the accompanying consolidated balance sheets. Our
non-marketable securities are subject to periodic impairment
reviews and we had nominal impairment losses related to
non-marketable equity securities and other investments in fiscal
2008, 2007 and 2006.


 




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