Yahoo 2006 Annual Report Download - page 91

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Other long-term liabilities
As of December 31, Other long-term liabilities consisted of the following (in thousands):
2005 2006
Deferred income taxes (Note 10) .................................. $243,575 $19,204
Other ...................................................... 5 36,890
Total other long-term liabilities ................................. $243,580 $56,094
Accumulated other comprehensive income (loss)
As of December 31, the components of Accumulated other comprehensive income (loss) were as follows (in
thousands):
2004 2005 2006
Unrealized gains and losses on available-for-sale securities, net
oftax.......................................... $475,314 $(16,218) $ 21,800
Foreign currency translation, net of tax ................... 60,422 (19,747) 128,705
Accumulated other comprehensive income (loss) .......... $535,736 $(35,965) $150,505
Note 8 INVESTMENTS
The following tables summarize the investments in available-for-sale securities (in thousands):
Gross
Amortized
Costs
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
December 31, 2005
United States Government and agency
securities ........................... $1,057,960 $ 29 $(13,210) $1,044,779
Municipal bonds ....................... 9,760 — (166) 9,594
Corporate debt securities ................. 1,528,282 127 (12,627) 1,515,782
Corporate equity securities ................ 31,175 — (1,168) 30,007
Total investments in available-for-sale
securities ......................... $2,627,177 $156 $(27,171) $2,600,162
Gross
Amortized
Costs
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
December 31, 2006
United States Government and agency
securities ........................... $ 773,721 $ 180 $ (5,356) $ 768,545
Municipal bonds ....................... 10,879 — (100) 10,779
Corporate debt securities ................. 1,193,540 539 (5,989) 1,188,090
Corporate equity securities
(*)
.............. 68,441 47,099 (1,320) 114,220
(*)
Total investments in available-for-sale
securities ......................... $2,046,581 $47,818 $(12,765) $2,081,634
81
Yahoo! Inc.
Notes to Consolidated Financial Statements — (Continued)