Starbucks 2007 Annual Report Download - page 53

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Note 3: Short-term and Long-term Investments
The Company’s short-term and long-term investments consist of the following (in thousands):
Amortized
Cost
Gross
Unrealized
Holding
Gains
Gross
Unrealized
Holding
Losses
Fair
Value
September 30, 2007
Short-term investments — available-for-sale
securities:
State and local government obligations ........ $ 81,366 $— $ (21) $ 81,345
U.S. government agency obligations .......... 2,500 — — 2,500
Total ............................... 83,866 $— $ (21) 83,845
Short-term investments — trading securities ...... 67,837 73,588
Total short-term investments . . ............... $151,703 $157,433
Long-term investments — available-for-sale
securities:
U.S. government agency obligations .......... $ 21,000 $22 $ — $ 21,022
October 1, 2006
Short-term investments — available-for-sale
securities:
State and local government obligations ........ $ 75,379 $ 9 $(332) $ 75,056
U.S. government agency obligations .......... 10,000 — — 10,000
Corporate debt securities . . . ............... 2,488 — (2) 2,486
Total ............................... 87,867 $ 9 $(334) 87,542
Short-term investments — trading securities ...... 55,265 53,496
Total short-term investments . . ............... $143,132 $141,038
Long-term investments — available-for-sale
securities:
State and local government obligations ........ $ 5,893 $— $ (82) $ 5,811
For available-for-sale securities, proceeds from sales were $47 million, $431 million and $626 million, in fiscal
years 2007, 2006 and 2005, respectively. Gross realized gains from sales were $3.8 million and $0.1 million in fiscal
years 2006 and 2005, respectively. Gross realized losses from sales were $0.1 million and $1.7 million in fiscal
years 2006 and 2005, respectively. For fiscal 2007, there were no realized losses and an immaterial amount of
realized gains from sales.
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