QIAGEN N.V. Annual Report 2001

in-process research and development. These pro forma amounts are intended for informational purposes only and are
not necessarily indicative of the results of operations that would have occurred had the purchase been made at the
beginning of the periods presented or of the future results of the combined operations.
Years ended December 31,
Net Sales
Net Income
Basic Earnings per Share
Diluted Earnings per Share
1999
$ 158,612,000
$ 15,422,000
$ 0.11
$ 0.11
1998
$ 121,103,000
$ 10,399,000
$ 0.07
$ 0.07
6. COMPREHENSIVE INCOME
42
On January 1, 1998, the Company adopted SFAS No. 130, ”Reporting Comprehensive Income.” SFAS No. 130
requires that comprehensive income, which is the total of net income and all other non-owner changes in equity, be
displayed in the financial statements. The adoption of SFAS No. 130 had no impact on total shareholders’ equity.
The components of the Company’s comprehensive income or loss as presented in the Consolidated Statements of
Shareholders’ Equity include net income, unrealized gains and losses from foreign currency translation, and
unrealized gains and losses from available-for-sale marketable securities. The Company does not expect any tax
impacts from realized gains or losses on marketable securities. The following table is a summary of the components
of accumulated other comprehensive loss:
Net unrealized gain on marketable securities
Foreign currency translation adjustments
Accumulated other comprehensive loss
2001
$ 1,064,000
(9,942,000)
$ (8,878,000)
2000
$ 5,966,000
(6,367,000)
$ (401,000)
7. MARKETABLE SECURITIES
At December 31, 2001 and 2000 the investments in the following table are classified as current, as the Company’s
plan is generally not to hold its investments until maturity to take advantage of market conditions.
The contractual maturities of corporate debt securities at December 31, 2001 and 2000 are as follows:
Maturities due:
Within one year
One to five years
Five to ten years
Over ten years
Cost
$ –
6,007,000
15,040,000
1,500,000
$ 22,547,000
2001 2000
Fair Value
Cost
Fair Value
$ –
$ 3,564,000 $ 3,526,000
5,995,000
15,768,000 15,762,000
15,028,000
16,536,000 16,532,000
1,489,000
1,500,000 1,487,000
$ 22,512,000
$ 37,368,000 $ 37,307,000
Marketable securities maturing within one year consist of commercial paper and corporate securities. Marketable
securities maturing after one year consist of corporate securities. At December 31, 2001, the Company recognized
unrealized gains of $46,000 and unrealized losses of $77,000, and realized previously unrealized losses of
$60,000. At December 31, 2000, the Company recognized unrealized gains of $146,000 and unrealized losses of
$40,000. Unrealized gains and losses, net of any realized amounts are included in other comprehensive income or loss.