SONO » Topics » Other income (loss)

This excerpt taken from the SONO 10-Q filed Nov 10, 2008.

Other income (loss)

     Total other income (loss) was a loss of $1.7 million for the three months ended September 30, 2008 compared to income of $2.5 million for the three months ended September 30, 2007.  Total other income (loss) was a loss of $2.8 million for the nine months ended September 30, 2008 compared to income of $5.0 million for the nine months ended September 30, 2007. The decrease was attributable to the fixed interest expense related to the long-term debt issued in July 2007, as compared to the interest rate received on the related cash balances, as well as the impact of foreign currency rate changes of $1.2 million for the three months ended September 30, 2008 and $1.9 million for year to date.

     We anticipate that other income (loss) will decrease in 2008 compared to 2007 due to fixed interest expense related to our long-term debt, a decline in market interest rates for our investment securities, the impact of foreign currency rate changes and the imputed interest on the contingent liability incurred as part of the LumenVu acquisition.

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This excerpt taken from the SONO 10-Q filed Aug 11, 2008.

Other income (loss)

     Total other income (loss) was a loss of $1.0 million for the three months ended June 30, 2008 compared to income of $1.3 million for the three months ended June 30, 2007.  Total other income (loss) was a loss of $1.1 million for the six months ended June 30, 2008 compared to income of $2.6 million for the six months ended June 30, 2007. The decrease was attributable to the fixed interest expense related to the long-term debt issued in July 2007, as compared to the interest rate received on the related cash balances.

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     We anticipate that other income (loss) will decrease in 2008 compared to 2007 due to fixed interest expense related to our long-term debt, a decline in market interest rates for our investment securities, the cost of foreign currency hedges and the imputed interest on the contingent liability incurred as part of the LumenVu acquisition.

These excerpts taken from the SONO 10-K filed Mar 17, 2008.

Other income (loss)

Total other income was $6.6 million in 2007, compared to $4.0 million in 2006 and $1.0 million in 2005. The increase in 2007 compared to 2006 was due to increased interest income, resulting from higher cash and investment balances, and higher foreign currency gains, offset by interest expense from our convertible senior notes. The increase in 2006 compared to 2005 was primarily due to an increase in interest income, which was attributable to our increased cash and investment balances.

Other income (loss)

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">Total other income was $6.6 million in 2007, compared to $4.0 million in 2006 and $1.0 million in 2005. The increase in 2007 compared to 2006 was due to
increased interest income, resulting from higher cash and investment balances, and higher foreign currency gains, offset by interest expense from our convertible senior notes. The increase in 2006 compared to 2005 was primarily due to an increase in
interest income, which was attributable to our increased cash and investment balances.

This excerpt taken from the SONO 10-K filed Mar 15, 2007.

Other income (loss)

     Total other income was $4.0 million in 2006, compared to $1.0 million in 2005 and $0.4 million in 2004. The increase in 2006 compared to 2005 was primarily due to an increase in interest income, which was attributable to our increasing cash reserves. The increase in 2005 compared to 2004 was primarily due to an increase in interest income, which was caused by an increase in the return on our investments due to higher average interest rates during the year.

This excerpt taken from the SONO 10-K filed Apr 20, 2006.

Other income (loss)

    Total other income (loss) was $1.0 million in 2005, compared to $0.4 million in 2004 and $1.3 million in 2003. The increase in 2005 compared to 2004 was primarily due to an increase in interest income, which was caused by an increase in the return on our investments due to higher average interest rates during the year. The decrease in 2004 compared to 2003 was primarily due to net foreign currency losses of $0.6 million in 2004 compared to net gains of $0.3 million in 2003.

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This excerpt taken from the SONO 10-K filed Mar 16, 2006.

Other income (loss)

    Total other income (loss) was $1.0 million in 2005, compared to $0.4 million in 2004 and $1.3 million in 2003. The increase in 2005 compared to 2004 was primarily due to an increase in interest income, which was caused by an increase in the return on our investments due to higher average interest rates during the year. The decrease in 2004 compared to 2003 was primarily due to net foreign currency losses of $0.6 million in 2004 compared to net gains of $0.3 million in 2003.

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This excerpt taken from the SONO 10-Q filed May 10, 2005.

Other income (loss)

      For other income and loss, we reported a loss of $0.2 million for the three months ended March 31, 2005 compared to incomeof $0.3 million for the three months ended March 31, 2004. The decrease in 2005 compared to 2004 was primarily due to net foreign currency losses of approximately $0.5 million in 2005 compared to gains of $0.1 million in 2004.

This excerpt taken from the SONO 10-K filed Mar 16, 2005.

Other income (loss)

For other income and loss, we reported income of $0.4 million in 2004 compared to $1.3 million in 2003. The decrease in 2004 compared to 2003 was primarily due to net foreign currency losses of approximately $560,000 in 2004 compared to gains of $346,000 in 2003.

We reported income of $1.3 million in 2003 compared to $0.7 million in 2002. The increase in 2003 compared to 2002 was primarily due to net foreign currency gains of approximately $346,000 and net realized gains on investments of approximately $117,000 in 2003.

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