Earthlink 2004 Annual Report Download - page 57

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rates as of December 31, 2003 and 2004. This table does not include money market funds because those funds are not subject to market risk.
*
The maturity of asset-backed, auction rate securities for purposes of this calculation is the date of the next auction.
54
As of December 31, 2003
As of December 31, 2004
Estimated
Estimated
Fair
Fair
Cost
Value
Cost
Value
(dollars in thousands)
Included in cash and cash equivalents
$
17,787
$
17,787
$
$
Weighted average interest rate
1.1
%
Weighted average maturity (mos.)
0.8
Included in marketable securities
-
short
-
term
$
230,205
$
230,088
$
254,220
$
253,572
Weighted average interest rate
1.4
%
2.1
%
Weighted average maturity (mos.)*
3.0
3.7
Included in marketable securities
-
long
-
term
$
49,037
$
49,037
$
58,680
$
58,488
Weighted average interest rate
1.7
%
2.5
%
Weighted average maturity (mos.)
14.1
19.5