ServiceMagic 2014 Annual Report Download - page 84

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IAC/INTERACTIVECORP AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
NOTE 5—MARKETABLE SECURITIES
At December 31, 2014 , current available-for-sale marketable securities are as follows:
The unrealized loss of $0.3 million in the table above relates to fifty-eight securities with an aggregate fair value of $123.2 million . There are
no investments in current available-for-
sale marketable debt securities that have been in a continuous unrealized loss position for longer than twelve
months as of December 31, 2014 .
All of the Company’s marketable debt securities are rated investment grade. The gross unrealized losses on the marketable debt securities
relate principally to changes in interest rates. Because the Company does not intend to sell any marketable debt securities and it is not more likely
than not that the Company will be required to sell any marketable debt securities before recovery of their amortized cost bases, which may be
maturity, the Company does not consider any of its marketable debt securities to be other-than-temporarily impaired at December 31, 2014 .
At December 31, 2013 , current available-for-sale marketable securities are as follows:
The unrealized gains and losses 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 current available-for-sale at December 31, 2014 are as follows:
The following table presents the proceeds from maturities and sales of current and non-current available-for-
sale marketable securities and the
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
(In thousands)
Corporate debt securities
$
159,418
$
34
$
(255
)
$
159,197
Total debt securities
159,418
34
(255
)
159,197
Equity security
98
1,353
—
1,451
Total marketable securities
$
159,516
$
1,387
$
(255
)
$
160,648
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
(In thousands)
Corporate debt security
$
1,004
$
4
$
—
$
1,008
Total debt security
1,004
4
—
1,008
Equity securities
216
4,780
—
4,996
Total marketable securities
$
1,220
$
4,784
$
—
$
6,004
Amortized
Cost
Fair
Value
(In thousands)
Due in one year or less
$
54,502
$
54,455
Due after one year through five years
104,916
104,742
Total
$
159,418
$
159,197