QVC Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2012

The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable and accrued expenses approximate fair value because of the short maturity of these items. The following table summarizes the fair value of HSNi’s other financial assets and liabilities which are carried at cost (in thousands):


	September 30, 2012
	Carrying				Fair Value Measurement Category
	Value		Fair Value		Level 1		Level 2		Level 3
Secured credit agreement expiring April 24, 2017:
Term Loan	$	250,000	$	250,000	$	—	$	250,000	$	—


	December 31, 2011
	Carrying				Fair Value Measurement Category
	Value		Fair Value		Level 1		Level 2		Level 3
Secured credit agreement terminated April 24, 2012:
Term loan	$	—	$	—	$	—	$	—	$	—
Senior Notes		240,000		264,000		264,000		—		—


	September 30, 2011
	Carrying				Fair Value Measurement Category
	Value		Fair Value		Level 1		Level 2		Level 3
Secured credit agreement terminated April 24, 2012:
Term loan	$	69,841	$	69,609	$	—	$	69,609	$	—
Senior Notes		240,000		264,000		264,000		—		—

- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

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+ Details