NOTE 6 — INVESTMENT (INCOME), NET
Investment (income), net, consists of the following components:
|
|
Three Months Ended |
|
|
|
August 31, |
|
|
August 31, |
|
(In thousands) |
|
2020 |
|
|
2019 |
|
Interest (income) |
|
$ |
(667 |
) |
|
$ |
(1,348 |
) |
Net (gain) on marketable securities |
|
|
(11,784 |
) |
|
|
(3,540 |
) |
Dividend (income) |
|
|
(312 |
) |
|
|
(497 |
) |
Investment (income), net |
|
$ |
(12,763 |
) |
|
$ |
(5,385 |
) |
Net (Gain) on Marketable Securities
|
|
Three Months Ended |
|
|
|
August 31, |
|
|
August 31, |
|
(In thousands) |
|
2020 |
|
|
2019 |
|
Unrealized (gains) on marketable equity securities |
|
$ |
(13,956 |
) |
|
$ |
(3,476 |
) |
Realized (gains) losses on marketable equity securities |
|
|
2,169 |
|
|
|
(68 |
) |
Realized losses on available-for-sale debt securities |
|
|
3 |
|
|
|
4 |
|
Net (gain) on marketable securities |
|
$ |
(11,784 |
) |
|
$ |
(3,540 |
) |
|