Bed, Bath and Beyond 2012 Annual Report Download - page 29

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The following tables present the valuation of the Company’s financial assets as of March 2, 2013 and February 25, 2012,
measured at fair value on a recurring basis by input level:
As of March 2, 2013
(in millions)
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
Significant
Unobservable
Inputs
(Level 3) Total
Long term − available-for-sale securities:
Auction rate securities $ — $49.0 $49.0
Long term − trading securities:
Nonqualified deferred compensation plan assets 28.3 — 28.3
Total $28.3 $49.0 $77.3
As of February 25, 2012
(in millions)
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
Significant
Unobservable
Inputs
(Level 3) Total
Short term − available-for-sale securities:
Auction rate securities $ — $ 6.5 $ 6.5
Long term − available-for-sale securities:
Auction rate securities — 73.7 73.7
Long term − trading securities:
Nonqualified deferred compensation plan assets 22.1 — 22.1
Total $22.1 $80.2 $102.3
The following table presents the changes in the Company’s financial assets that are measured at fair value on a recurring basis
using significant unobservable inputs (Level 3):
(in millions)
Auction Rate
Securities
Balance on February 25, 2012, net of temporary valuation adjustment $ 80.2
Change in temporary valuation adjustment included in accumulated other
comprehensive loss 1.6
Realized loss included in earnings
(1)
(1.1)
Redemptions (31.7)
Balance on March 2, 2013, net of temporary valuation adjustment $ 49.0
(1)
None of the losses for the period that are included in earnings relate to assets still held on March 2, 2013.
BED BATH & BEYOND 2012 ANNUAL REPORT
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