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Other Comprehensive Income (Loss)
6 Months Ended
Aug. 31, 2016
Equity [Abstract]  
Other Comprehensive Income (Loss)

NOTE 7: OTHER COMPREHENSIVE INCOME

 

As of August 31, 2016, certain of the Company’s marketable securities were in an unrealized gain 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 August 31, 2016, the unrealized gain on available-for-sale securities was $22,232.

 

The following table sets forth the changes in Accumulated Other Comprehensive Gain (Loss) for the six months ended August 31, 2016:

 

   Unrealized
Gain (Loss) on
Available for Sale
Securities
 
Beginning Balance February 29, 2016  $(70,140)
Current Period Unrealized Gains   92,372 
Ending Balance August 31, 2016  $22,232