ServiceMagic 2012 Annual Report Download - page 82

IAC/INTERACTIVECORP AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
The net unrealized gains in the tables above are included in "Accumulated other comprehensive loss" in the accompanying consolidated
balance sheet.
The contractual maturities of debt securities classified as available-for-sale at December 31, 2012 are as follows:
At December 31, 2012 there are no investments in marketable securities that are in an unrealized loss position. At December 31, 2011 ,
there are no investments in marketable securities that have been in a continuous unrealized loss position for twelve months or longer. The
following table summarizes investments in marketable debt securities at December 31, 2011 that have been in a continuous unrealized loss
position for less than twelve months:
The following table presents the proceeds from maturities and sales of current and non-current available-for-sale marketable securities and
the related gross realized gains and losses:
Gross realized gains and losses from the maturities and sales of available-for-sale marketable securities are included in "Other (expense)
income, net" in the accompanying consolidated statement of operations.
Unrealized gains, net of tax, reclassified out of accumulated other comprehensive income (loss) into other (expense) income, net related to
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
(In thousands)
Corporate debt securities
$
48,621
$
99
$
(15
)
$
48,705
States of the U.S. and state political subdivisions
111,758
587
(22
)
112,323
Total debt securities
160,379
686
(37
)
161,028
Equity security
4,656
11
—
4,667
Total marketable securities
$
165,035
$
697
$
(37
)
$
165,695
Amortized
Cost
Estimated
Fair Value
(In thousands)
Due in one year or less
$
12,606
$
12,607
Due after one year through two years
1,002
1,020
Total
$
13,608
$
13,627
Fair
Value
Gross
Unrealized
Losses
(In thousands)
Corporate debt securities
$
12,920
$
(15
)
States of the U.S. and state political subdivisions
11,711
(22
)
Total
$
24,631
$
(37
)
December 31,
2012
2011 2010
(In thousands)
Proceeds from maturities and sales of available-for-sale marketable securities
$
205,944
$
600,149
$
768,650
Gross realized gains
4,075
2,482
4,802
Gross realized losses
(5
)
(41
)
(19
)