Citrix 2007 Annual Report Download - page 96

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CITRIX SYSTEMS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
4. CASH AND INVESTMENTS
Cash and cash equivalents and investments consist of the following:
December 31,
2007 2006
(In thousands)
Cash and cash equivalents:
Cash .............................................. $160,592 $ 28,761
Commercial paper ................................... 48,294 145,238
Agency securities ................................... 25,690 19,586
Money market funds ................................. 25,522 166,097
Corporate securities .................................. 1,424 2,769
Municipal securities ................................. — 2,854
Total ......................................... $261,522 $365,305
Reported as:
Cash and cash equivalents ............................. $223,749 $349,054
Restricted cash equivalents and investments .............. $ 37,773 $ 16,251
Short-term investments:
Corporate securities .................................. $198,419 $100,197
Municipal securities ................................. 83,027 11,150
Agency securities ................................... 53,334 55,709
Commercial paper ................................... 37,729 28,785
Total ......................................... $372,509 $195,841
Reported as:
Short-term investments ............................... $356,085 $152,652
Restricted cash equivalents and investments .............. $ 16,424 $ 43,189
Long-term investments:
Corporate securities .................................. $119,636 $159,879
Agency securities ................................... 88,203 76,774
Municipal securities ................................. 11,444 1,375
Government securities(1) .............................. 6,422 6,191
Other ............................................. 2,509 1,831
Total ......................................... $228,214 $246,050
Reported as:
Long-term investments ............................... $218,676 $241,675
Restricted cash equivalents and investments .............. $ 9,538 $ 4,375
(1) Includes investments issued by the United States government.
The Company’s investments are classified as available-for-sale and are recorded at fair value. Gross realized
gains and losses on sales of securities during 2007, 2006 and 2005 were not material. At December 31, 2007, the
average original contractual maturity of the Company’s short-term available-for-sale investments was
approximately 15 months. The Company’s long-term available-for-sale investments at December 31, 2007
F-22