Yahoo 2012 Annual Report Download - page 97

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In September 2012, the Company recorded a pre-tax gain of approximately $4.6 billion related to the sale of
Alibaba Group Shares. See Note 8—“Investments in Equity Interests” for additional information.
Other consists of gains and losses from sales or impairments of marketable debt securities and/or investments in
privately-held companies, foreign exchange gains and losses due to re-measurement of monetary assets and
liabilities denominated in non-functional currencies, foreign exchange gains and losses on balance sheet hedges,
and other non-operating items.
Reclassifications Out of Accumulated Other Comprehensive Income
Reclassifications out of accumulated other comprehensive income for the period ended December 31, 2012 were
as follows (in thousands):
Amount
Reclassified from
Accumulated
Other
Comprehensive
Income
Affected Line Item in the
Statement of Income
Realized losses on available-for-sale securities, net of tax ....... $ 9,088
Yahoo!’s share of earnings
in equity method investments
and Other income, net
Foreign currency translation adjustments (“CTA”):
Korea business closure CTA reclassification .............. $ (16,208) Restructuring charges, net
Alibaba Group Initial Repurchase related CTA
reclassification, net of $68 million in tax ............... (120,978) Other income, net
Total foreign currency translation adjustments, net of tax ........ $(137,186)
Total reclassifications for the period ........................ $(128,098)
Note 4 A
CQUISITIONS
The following table summarizes acquisitions (including business combinations and asset acquisitions) completed
during the three years ended December 31, 2012 (in millions):
Purchase
Price Goodwill
Amortizable
Intangibles
2010
All acquisitions ............................................... $159 $105 $ 50
2011
interclick .................................................... $259 $172 $ 79
Other acquisitions ............................................. $ 72 $ 49 $ 26
2012
All acquisitions ............................................... $ 7 $ 6 $—
Transactions completed in 2010
All Acquisitions—Business Combinations. During the year ended December 31, 2010, the Company acquired
four companies, which were accounted for as business combinations. The total purchase price for these
acquisitions was $159 million. The total cash consideration of $159 million less cash acquired of $2 million
resulted in a net cash outlay of $157 million. Of the total purchase price, $105 million was allocated to goodwill,
$50 million to amortizable intangible assets, $27 million to tangible assets, $2 million to cash acquired, and $25
million to net assumed liabilities. Goodwill represents the excess of the purchase price over the fair value of the
net tangible and intangible assets acquired and is not deductible for tax purposes.
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