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Investments
9 Months Ended
Sep. 30, 2015
Investments [Abstract]  
Investments

Note 4.   Investments 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

Gross

 

 

 

 

 

 

 

 

unrealized

 

unrealized

 

Fair

 

 

Cost

 

gain

 

loss

 

value

September 30, 2015

 

 

 

 

 

 

 

 

 

 

 

 

Money Market

 

$

1,984 

 

$

 

$

 

$

1,984 

Commercial Paper

 

 

271 

 

 

 

 

 

 

271 

Treasury Bills

 

 

6,137 

 

 

 

 

 

 

6,141 

Equity Securities

 

 

54 

 

 

 

 

(54)

 

 

 

 

 

8,446 

 

 

 

 

(54)

 

 

8,396 

Less Cash Equivalents

 

 

2,255 

 

 

 

 

 

 

2,255 

Total Investments, September 30, 2015

 

$

6,191 

 

$

 

$

(54)

 

$

6,141 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

Money Market

 

$

510 

 

$

 

$

 

$

510 

Commercial Paper

 

 

345 

 

 

 

 

 

 

345 

Treasury Bills

 

 

6,542 

 

 

 

 

 

 

6,542 

Equity Securities

 

 

72 

 

 

1,238 

 

 

(54)

 

 

1,256 

 

 

 

7,469 

 

 

1,238 

 

 

(54)

 

 

8,653 

Less Cash Equivalents

 

 

855 

 

 

 

 

 

 

855 

Total Investments, December 31, 2014

 

$

6,614 

 

$

1,238 

 

$

(54)

 

$

7,798 

 

 

At December 31, 2014, the Company’s significant investment in equity securities was 122,649 shares of Rudolph Technologies, Inc. (“Rudolph”), accounted for under the available-for-sale method.  As of December 31, 2014, the aggregate value of the Company’s Rudolph shares as reported on the Nasdaq Stock Exchange (ticker symbol RTEC) was approximately $1,254, with an approximate cost of $16.  During the three-month period ended September 30, 2014, the Company sold  25,700 shares of Rudolph stock and realized gains of $258 in non-operating income.  During the nine-month periods ended September 30, 2015 and 2014, the Company sold  122,649 and 93,119 shares, respectively, of Rudolph stock and realized gains of $1,447 and $1,008, respectively, in non-operating income.  As of September 30, 2015, the Company owned no shares of Rudolph stock.