THQ 2009 Annual Report Download - page 77

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The following table summarizes the amortized cost and fair value of our investment securities, classified by
stated maturity as of March 31, 2009 (in thousands):
Amortized Fair
Cost Value
Short-term investments:
Due in one year or less ............................ $ 8,802 $ 8,804
Due after one year through two years .................. — —
Total short-term investments ....................... 8,802 8,804
Long-term investments:
Due after one year through five years .................. 500 490
Due after five years through ten years .................. — —
Due after ten years ............................... 4,975 4,535
Total long-term investments ....................... 5,475 5,025
Total investment securities ............................ $14,277 $13,829
The following table summarizes our available-for-sale investment securities and their related
inception-to-date gross unrealized gains and (losses), as of March 31, 2008 (in thousands):
Gross Gross
Amortized Unrealized Unrealized Fair
Cost Gains Losses Value
Short-term investments:
U.S. agency securities ............ $ 3,501 $ — $ — $ 3,501
Municipal securities ............. 58,381 527 — 58,908
Corporate notes ................ 7,493 — (218) 7,275
Total short-term investments ..... 69,375 527 (218) 69,684
Long-term investments:
U.S. agency securities ............ — — — —
Municipal securities(1) ........... 47,185 — (1,176) 46,009
Corporate securities(1) ........... 6,800 — (210) 6,590
Total long-term investments ...... 53,985 — (1,386) 52,599
Total investment securities .......... $123,360 $527 $(1,604) $122,283
(1) The municipal and corporate securities included in the table above and classified as
long-term are all auction rate securities with most collateralized by student loans guaranteed
by the U.S. government under the Federal Family Education Loan Program and the majority
of the remaining securities backed by monoline bond insurance companies
During the year ended March 31, 2008 there were $0.1 million of realized gains and no realized losses from
sales of available-for-sale securities. During the year ended March 31, 2007 there were no realized gains or
(losses) from sales of available-for-sale securities. In addition to the net unrealized loss of $1.0 million
during the year ended March 31, 2008 from our investment securities, we had a pre-tax unrealized holding
gain on our investment in Yuke’s Co., Ltd. (‘‘Yuke’s’’) which is classified as available-for-sale and is
included in other long-term assets (see ‘‘Note 8—Other Long-Term Assets’’).
The gross unrealized losses on our available-for-sale investments in the above table were primarily caused
by a decrease in the fair value of the investments as a result of an increase in market interest rates. None of
the available-for-sale securities included in the above table have been in an unrealized loss position for
more than 12 months.
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