Ross 2011 Annual Report Download - page 46

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44
Assets measured at fair value at January 28, 2012 are summarized below:
Fair Value Measurements at Reporting Date
Quoted prices Significant
in active markets other Significant
for identical observable unobservable
assets inputs inputs
($000) January 28, 2012 (Level 1) (Level 2) (Level 3)
Investments
Corporate securities $ 5,503 $ — $ 5,503 $ —
Mortgage-backed securities 757 — 757 —
Total investments 6,260 — 6,260 —
Restricted Investments
Corporate securities 1,451 — 1,451 —
U.S. government and agency securities 4,200 4,200 — —
Total restricted investments 5,651 4,200 1,451 —
Total assets measured at fair value $ 11,911 $ 4,200 $ 7,711 $ —
Assets measured at fair value at January 29, 2011 are summarized below:
Fair Value Measurements at Reporting Date
Quoted prices Significant
in active markets other Significant
for identical observable unobservable
assets inputs inputs
($000) January 29, 2011 (Level 1) (Level 2) (Level 3)
Corporate securities $ 8,062 $ — $ 8,062 $ —
U.S. government and agency securities 8,031 8,031 — —
Mortgage-backed securities 1,193 — 1,193 —
Total assets measured at fair value $ 17,286 $ 8,031 $ 9,255 $ —
The maturities of investment securities at January 28, 2012 were:
Investments Restricted Investments
Estimated Estimated
($000) Cost basis fair value Cost basis fair value
Maturing in one year or less $ 639 $ 658 $ — $ —
Maturing after one year through five years 4,070 4,269 1,500 1,600
Maturing after five years through ten years 1,099 1,333 3,626 4,051
Total $ 5,808 $ 6,260 $ 5,126 $ 5,651