TiVo 2013 Annual Report Download - page 83

Download and view the complete annual report

Please find page 83 of the 2013 TiVo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 125

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125

Table of Contents
Cash equivalents and available-for-sale marketable securities (including asset and mortgage-backed securities) are reported at their fair
value. Additionally, carrying amounts of certain of the Company’s financial instruments including accounts receivable, accounts payable, and
accrued expenses approximate their fair value because of their short maturities. The Company has financial liabilities for which it is obligated
to repay the carrying value, unless the holder agrees to a lesser amount which include our convertible debt. The fair values of TiVo's
convertible debt are influenced by interest rates, TiVo's stock price and stock price volatility and are determined by Level 2 inputs, including
prices for the convertible debt observed in market trading. The carrying value of these financial liabilities at January 31, 2014 and January 31,
2013 was $172.5 million (for both years) and the fair value was $228.5 million and $241.6 million, based on the bond's quoted market price
as of January 31, 2014 and 2013, respectively.
On a quarterly basis, TiVo measures at fair value certain financial assets and liabilities. The fair value of those financial assets and
liabilities was determined using the following levels of inputs as of January 31, 2014 and January 31, 2013:
80