Salesforce.com 2009 Annual Report Download - page 67

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Table of Contents
salesforce.com, inc.
Notes to Consolidated Financial Statements—(Continued)
(1) Included in "cash and cash equivalents" in the accompanying Consolidated Balance Sheet as of January 31, 2010, in addition to $112,691 of cash.
(2) Included in "prepaid expenses and other current assets" in the accompanying Consolidated Balance Sheet as of January 31, 2010.
(3) Included in "accrued expenses and other current liabilities" in the accompanying Consolidated Balance Sheet as of January 31, 2010.
The following table presents the Company's assets measured at fair value using significant unobservable inputs (Level 3) at January 31, 2010. These
assets consist of the Company's investment in the Reserve Primary Fund. During fiscal 2009, the Reserve Primary Fund suspended redemptions and is in the
process of being liquidated. During fiscal 2010, the Company received redemptions in the amount of the Company's estimated fair value of the Company's
investment in the Reserve Primary Fund (in thousands):
Balance at February 1, 2009 $ 18,294
Redemptions (18,294)
Balance at January 31, 2010 $ —
The following table presents information about the Company's assets that are measured at fair value on a recurring basis as of January 31, 2009 and
indicates the fair value hierarchy of the valuation (in thousands):
Description
Quoted Prices in
Active Markets
for Identical Assets
(Level 1)
Significant Other
Observable
Inputs (Level 2)
Significant
Unobservable
Inputs
(Level 3)
Balances as of
January 31, 2009
Cash equivalents (1):
Time deposits $ 402 $ — $ — $ 402
Money market mutual funds 279,246 — — 279,246
Corporate notes and obligations — 7,990 — 7,990
U.S. agency obligations — 87,852 — 87,852
Marketable securities:
Corporate notes and obligations — 215,140 — 215,140
U.S. agency obligations — 165,297 — 165,297
Money market mutual funds — — 18,294 18,294
Foreign currency derivative contracts (2) — 1,054 — 1,054
Total Assets $ 279,648 $ 477,333 $ 18,294 $ 775,275
Liabilities
Foreign currency derivative contracts (3) $ — $ 2,058 $ — $ 2,058
Total liabilities $ — $ 2,058 $ — $ 2,058
(1) Included in "cash and cash equivalents" in the accompanying Consolidated Balance Sheet as of January 31, 2009, in addition to $108,344 of cash.
(2) Included in "prepaid expenses and other current assets" in the accompanying Consolidated Balance Sheet as of January 31, 2009.
(3) Included in "accrued expenses and other current liabilities" in the accompanying Consolidated Balance Sheet as of January 31, 2009.
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