Note 3. Investments

The cost and estimated fair value of the investments are as follows:



			Gross		Gross		Fair
			unrealized		unrealized		value
	Cost		gain		loss
December 31, 2014
Money Market Funds	$	510	$	0	$	0	$	510
Commercial Paper		345		0		0		345
Treasury Bills		6,542		0		0		6,542
Equity Securities		72		1,238		(54)		1,256
		7,469		1,238		(54)		8,653
Less Cash Equivalents		855		0		0		855
Total Investments, December 31, 2014	$	6,614	$	1,238	$	(54)	$	7,798


December 31, 2013
Money Market Funds	$	540	$	0	$	0	$	540
Commercial Paper		601		0		0		601
Treasury Bills		5,226		1		0		5,227
Equity Securities		86		2,686		(54)		2,718
		6,453		2,687		(54)		9,086
Less Cash Equivalents		1,141		0		0		1,141
Total Investments, December 31, 2013	$	5,312	$	2,687	$	(54)	$	7,945

Realized gains and losses on investments are as follows:



	Years Ended December 31,
	2014		2013

Gross Realized Gains	$	1,163	$	530
Gross Realized Losses		0		0
Net Realized Gain	$	1,163	$	530

At December 31, 2014 and 2013, the Company’s significant investment in equity securities is 122,649 and 231,336, respectively, shares of Rudolph, accounted for under the available-for-sale method. As of December 31, 2014 and 2013, the aggregate value of the Company’s Rudolph shares as reported on the Nasdaq Stock Exchange was approximately $1,254 and $2,716, respectively, with an approximate cost of $16 and $30, respectively. During the years ended December 31, 2014 and 2013, the Company sold 108,687 and 41,931 shares, respectively, of Rudolph stock and reported a gain of $1,163 and $529, respectively, in other income.

Changes in Accumulated Other Comprehensive Income

Changes in Accumulated Other Comprehensive Income are as follows:



	December 31,
	2014		2013

Unrealized Gains (Losses)
Unrealized holding losses arising during the period	$	(284)	$	(422)
Less: Reclassification of gains included in net income		1,163		530
		(1,447)		(952)

Deferred Taxes on Unrealized Gains (Losses):
Decrease in deferred taxes on unrealized losses arising during the period		(108)		(160)
Less: Reclassification of taxes on gains included in net income		442		201
		(550)		(361)

Net Change in Accumulated Other Comprehensive Income	$	(897)	$	(591)