VRSN » Topics » Minority interest

This excerpt taken from the VRSN 10-K filed Jul 12, 2007.

Minority interest

 

Minority interest represents the portion of net income belonging to minority shareholders of our consolidated subsidiaries.

 

A comparison of minority interest for the years ended December 31 2006, 2005 and 2004 is presented below:

 

     2006    2005    2004
     (Dollars in thousands)

Minority interest

   $ 2,875    $ 4,702    $ 2,618

 

2006 compared to 2005:    Minority interest decreased primarily from decreased net income from our VeriSign Japan subsidiary primarily due to a decrease in the install base of website security certificates and a decrease in demand for managed security services in Japan.

 

2005 compared to 2004:    Minority interest increased primarily from increased net income from our VeriSign Japan subsidiary primarily due to an increase in the install base of website security certificates and increased demand for managed security services in Japan.

 

This excerpt taken from the VRSN 10-Q filed Jul 12, 2007.

Minority interest

Minority interest represents the portion of net income belonging to minority shareholders of our consolidated subsidiaries.

A comparison of minority interest for the three and six months ended June 30, 2006 and 2005 is presented below:

 

     2006     2005    

%

Change

 
     (Dollars in thousands)  

Three months ended:

      

Minority interest

   $ (758 )   $ (1,048 )   28 %

Six months ended:

      

Minority interest

   $ (1,405 )   $ (2,176 )   35 %

Minority interest decreased during the three and six months ended June 30, 2006, respectively, as compared to the same periods last year primarily from decreased net income from our VeriSign Japan subsidiary for the respective periods.

This excerpt taken from the VRSN 10-Q filed Jul 12, 2007.

Minority interest

Minority interest represents the portion of net income belonging to minority shareholders of our consolidated subsidiaries.

 

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A comparison of minority interest for the three and nine months ended September 30, 2006 and 2005 is presented below:

 

     2006     2005    

%

Change

 
     (Dollars in thousands)  

Three months ended:

      

Minority interest

   $ (719 )   $ (1,221 )   (41 )%

Nine months ended:

      

Minority interest

   $ (2,124 )   $ (3,397 )   (37 )%

Minority interest decreased during the three and nine months ended September 30, 2006, respectively, as compared to the same periods last year primarily from a decreased net income from our VeriSign Japan subsidiary for the respective periods.

This excerpt taken from the VRSN 10-Q filed May 10, 2006.

Minority interest

Minority interest represents the portion of net income belonging to minority shareholders of our consolidated subsidiaries.

A comparison of minority interest for the three months ended March 31, 2006 and 2005 is presented below:

 

     2006     2005    

%

Change

 
     (Dollars in thousands)  

Three months ended:

      

Minority interest

   $ (647 )   $ (1,128 )   43 %

Minority interest increased during the three months ended March 31, 2006 primarily from increased net income from our VeriSign Japan subsidiary.

This excerpt taken from the VRSN 10-K filed Mar 13, 2006.

Minority interest

 

Minority interest represents the portion of net income belonging to minority shareholders of our consolidated subsidiaries.

 

 

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A comparison of minority interest for the years ended December 31 2005, 2004 and 2003 is presented below:

 

     2005

   %
Change


    2004

   %
Change


    2003

     (Dollars in thousands)

Minority interest

   $ 4,702    80 %   $ 2,618    452 %   $ 474

 

Fiscal 2005 compared to fiscal 2004: Minority interest increased primarily from increased net income from our VeriSign Japan subsidiary primarily due to an increase in the installed base of website security certificates and increased demand for managed security services in Japan.

 

Fiscal 2004 compared to fiscal 2003: Minority interest increased in primarily from increased net income from our VeriSign Japan subsidiary. In June 2004, we acquired the remaining 49% minority interest in VeriSign Australia, which is now a wholly-owned subsidiary.

 

This excerpt taken from the VRSN 10-Q filed Nov 9, 2005.

Minority interest

 

Minority interest represents the portion of net income belonging to minority shareholders of our consolidated subsidiaries.

 

A comparison of minority interest for the three and nine months ended September 30, 2005 and 2004 is presented below:

 

     2005

   2004

   %
Change


 
     (Dollars in thousands)  

Three months ended:

                    

Minority interest

   $ 1,221    $ 748    63 %

Nine months ended:

                    

Minority interest

   $ 3,397    $ 1,877    81 %

 

Minority interest increased during the three and nine months ended September 30, 2005 primarily from increased net income from our VeriSign Japan subsidiary. In June 2004, we acquired the remaining 49% minority interest in VeriSign Australia, which is now a wholly-owned subsidiary.

 

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Table of Contents
This excerpt taken from the VRSN 10-Q filed Aug 9, 2005.

Minority interest

 

Minority interest represents the portion of net income belonging to minority shareholders of our consolidated subsidiaries.

 

A comparison of minority interest for the three and six months ended June 30, 2005 and 2004 is presented below:

 

     2005

    2004

    %
Change


 
     (Dollars in thousands)  

Three months ended:

                      

Minority interest

   $ (1,048 )   $ (836 )   (25 )%

Percentage of revenues

     0.2 %     0.3 %      

Six months ended:

                      

Minority interest

   $ (2,176 )   $ (1,129 )   (93 )%

Percentage of revenues

     0.3 %     0.2 %      

 

Minority interest increased during the three and six months ended June 30, 2005 primarily from increased net income from our VeriSign Japan subsidiary. In June 2004, we acquired the remaining 49% minority interest in VeriSign Australia, which is now a wholly-owned subsidiary.

 

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Table of Contents
This excerpt taken from the VRSN 10-Q filed May 10, 2005.

Minority interest

 

Minority interest represents the portion of net income belonging to minority shareholders of our consolidated subsidiaries.

 

A comparison of minority interest for the three months ended March 31, 2005 and 2004 is presented below:

 

     2005

    2004

    Change

 
     (In thousands)  

Three months ended:

                      

Minority interest

   $ (1,128 )   $ (293 )   (285 )%

Percentage of revenues

     0.3 %     0.1 %      

 

Minority interest increased during the three months ended March 31, 2005 primarily from increased net income from our VeriSign Japan subsidiary. In June 2004, we acquired the remaining 49% minority interest in VeriSign Australia which is now a wholly-owned subsidiary.

 

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