Abstract: A method, a statistics subsystem, and a system use a combination of commercially available high speed memory and high density low speed memory to mitigate cost, space, control, and power issues associated with storing counters for statistics updates, while meeting the growing width and depth needs of multi-hundred gigabit Carrier Class data network devices. The method, statistics subsystem, and system offer a Counter Management Algorithm (CMA) that relies on rollover bits stored within data of counters. An update to the low speed memory is substantially faster than a rollover time for the counter in the high speed memory thereby allowing statistics to be cached in the high speed memory while updates take place to the low speed memory.