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Other Comprehensive Income (Loss)
9 Months Ended
Nov. 30, 2016
Equity [Abstract]  
Other Comprehensive Income (Loss)

NOTE 7: OTHER COMPREHENSIVE INCOME (LOSS)

 

As of November 30, 2016, certain of the Company’s marketable securities were in an unrealized loss position. Unrealized gains and losses are principally due to changes in fair value of the investments held as available-for-sale. The Company has the ability and intent to hold the securities until maturity, or for the foreseeable future as classified as available-for-sale. The Company does not deem these unrealized gains or losses to be other than temporary.

 

As of November 30, 2016, the unrealized loss on available-for-sale securities was $9,043.

 

The following table sets forth the changes in Accumulated Other Comprehensive Gain (Loss) for the nine months ended November 30, 2016:

 

   Unrealized Gain (Loss) on Available for Sale Securities
Beginning Balance February 29, 2016  $(70,140)
Current Period Unrealized Gains   61,097 
Ending Balance November 30, 2016  $(9,043)