Ross 2006 Annual Report Download - page 53

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35
Note B: Investments
The amortized cost and fair value of the Company’s available-for-sale securities as of February 3, 2007 were as follows:
($000) Amortized cost Unrealized gains Unrealized losses Fair value Short-term Long-term
Auction-rate securities $ 3,200 $ – $ – $ 3,200 $ 3,200 $ –
Asset-backed securities 2,788 – 13 2,775 299 2,476
Corporate securities 13,652 – 72 13,580 1,748 11,832
U.S. Government and
agency securities 11,297 – 80 11,217 – 11,217
Mortgage-backed
securities 5,609 2 – 5,611 – 5,611
Total $ 36,546 $ 2 $ 165 $ 36,383 $ 5,247 $ 31,136
The amortized cost and fair value of the Company’s available-for-sale securities as of January 28, 2006 were as follows:
($000) Amortized cost Unrealized gains Unrealized losses Fair value Short-term Long-term
Municipal securities $ 12,650 $ – $ – $ 12,650 $ 12,650 $ –
Corporate bonds 6,546 2 – 6,548 – 6,548
U.S. Government and
agency securities 1,952 9 – 1,961 – 1,961
Asset-backed securities 1,166 2 – 1,168 113 1,055
Mortgage-backed
securities 1,631 7 – 1,638 – 1,638
Total $ 23,945 $ 20 $ – $ 23,965 $ 12,763 $ 11,202
The maturities of investment securities at February 3, 2007 were as follows:
Cost Estimated
($000) basis fair value
Maturing in one year or less $ 5,249 $ 5,247
Maturing after one year through five years $ 18,906 18,861
Maturing after five years through ten years 12,391 12,275
Maturing after ten years − −
Total $ 36,546 $ 36,383
The maturities of investment securities at January 28, 2006 were as follows:
Cost Estimated
($000) basis fair value
Maturing in one year or less $ 12,763 $ 12,763
Maturing after one year through five years 7,297 7,310
Maturing after five years through ten years 3,078 3,084
Maturing after ten years 807 808
Total $ 23,945 $ 23,965