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EXCEL - IDEA: XBRL DOCUMENT - Medical Information Technology, Inc.Financial_Report.xls
10-K - 2012 ANNUAL REPORT - Medical Information Technology, Inc.tenk.htm
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EX-32 - SECTION 1350 CERTIFICATIONS - Medical Information Technology, Inc.ex32.htm
EX-21 - SUBSIDIARIES OF THE COMPANY - Medical Information Technology, Inc.ex21.htm
EX-23 - CONSENT OF ERNST & YOUNG LLP - Medical Information Technology, Inc.ex23.htm
EX-31 - RULE 13A-14(A) CERTIFICATIONS - Medical Information Technology, Inc.ex31.htm
v2.4.0.6
Comprehensive Income Presentation:
12 Months Ended
Dec. 31, 2012
Comprehensive Income Presentation:
Note 15. Comprehensive Income Presentation:

Effective January 1, 2012 MEDITECH adopted the provisions of ASU 2011-05, Presentation of Comprehensive Income, which establishes standards for reporting comprehensive income and its components in financial statements. Comprehensive income is the total of net income and all other non-owner changes in equity including items such as net unrealized gains or losses on marketable securities classified as available for sale, foreign currency translation adjustments and minimum pension liability adjustments. In MEDITECH’s case net income plus the change in net unrealized security gains or losses is shown as comprehensive income in the income statement.

 201020112012
 


Change in unrealized gains$13,961,060$17,642,621$13,711,490
Reclassification of realized gains(3,411,936) (3,871,475)
 


Change in net unrealized gains$10,549,124$17,642,621$9,840,015