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1. Snapchat reported net loss for the year of $1,255,911 thousand. Determine comprehensive income for the year. (Use a negative sign to indicate comprehensive loss,
1. Snapchat reported net loss for the year of $1,255,911 thousand. Determine comprehensive income for the year. (Use a negative sign to indicate comprehensive loss, if applicable.)
Comprehensive Income = ____________ Thousand
Snapchat reports the following information in its 2018 10-K report. The table below presents the changes in accumulated other comprehensive income (loss) ("AOCI") by component and the reclassifications out of AOCI: Changes in Accumulated Other Comprehensive Income (Loss) by Component Foreign Marketable Currency $ thousands Securities Translation total Balance at December 31, 2017 $(1,078) $15,235 $14,157 OCI before reclassifications 710 (11,720) (11,010) Amounts reclassified from AOCI Net current period OCI 710 (11,720) (11,010) Balance at December 31, 2018 $(368) $3,515 $3,147 Footnotes report the following information on Snapchat's marketable debt securities. $ thousands Cost or Gross Gross Total Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value $279,950 $- $ $279,950 Cash 735,988 12 735,825 (175) (36) 181,032 4 181,000 Level 1 securities U.S. government securities U.S. government agency securities Level 2 securities Corporate debt securities Commercial paper Certificates of deposit Total 35,819 1 33,193 13,293 $1,279,275 (18) 35,802 33,193 13,293 $(229) $1,279,063 $17 Snapchat reports the following information in its 2018 10-K report. The table below presents the changes in accumulated other comprehensive income (loss) ("AOCI") by component and the reclassifications out of AOCI: Changes in Accumulated Other Comprehensive Income (Loss) by Component Foreign Marketable Currency $ thousands Securities Translation total Balance at December 31, 2017 $(1,078) $15,235 $14,157 OCI before reclassifications 710 (11,720) (11,010) Amounts reclassified from AOCI Net current period OCI 710 (11,720) (11,010) Balance at December 31, 2018 $(368) $3,515 $3,147 Footnotes report the following information on Snapchat's marketable debt securities. $ thousands Cost or Gross Gross Total Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value $279,950 $- $ $279,950 Cash 735,988 12 735,825 (175) (36) 181,032 4 181,000 Level 1 securities U.S. government securities U.S. government agency securities Level 2 securities Corporate debt securities Commercial paper Certificates of deposit Total 35,819 1 33,193 13,293 $1,279,275 (18) 35,802 33,193 13,293 $(229) $1,279,063 $17
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