XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Fair Value Disclosure (Tables) | 3 Months Ended
--- | ---
Sep. 30, 2016
Fair Value Disclosures [Abstract] |
Schedule of cash equivalents and long-term investments measured at fair value on a recurring basis | The following table sets forth the Company’s cash equivalents and long-term investments as of September 30, 2016 and June 30, 2016 which are measured at fair value on a recurring basis by level within the fair value hierarchy. These are classified based on the lowest level of input that is significant to the fair value measurement (in thousands):
September 30, 2016 | Level 1 |  | Level 2 |  | Level 3 |  | Asset at Fair Value
Money market funds | $ | 312 |  |  | $ | — |  |  | $ | — |  |  | $ | 312 |
Auction rate securities | — |  |  | — |  |  | 2,643 |  |  | 2,643 |
Total | $ | 312 |  |  | $ | — |  |  | $ | 2,643 |  |  | $ | 2,955 |
June 30, 2016 | Level 1 |  | Level 2 |  | Level 3 |  | Asset at Fair Value
Money market funds | $ | 315 |  |  | $ | — |  |  | $ | — |  |  | $ | 315 |
Auction rate securities | — |  |  | — |  |  | 2,643 |  |  | 2,643 |
Total | $ | 315 |  |  | $ | — |  |  | $ | 2,643 |  |  | $ | 2,958 |
Reconciliation of financial assets measured at fair value on a recurring basis | The following table provides a reconciliation of the Company’s financial assets measured at fair value on a recurring basis, consisting of long-term auction rate securities, using significant unobservable inputs (Level 3) for the three months ended September 30, 2016 and 2015 (in thousands):
| Three Months Ended September 30,
| 2016 |  | 2015
Balance as of beginning of period | $ | 2,643 |  |  | $ | 2,633 |
Total realized gains or (losses) included in net income | — |  |  | — |
Total unrealized gains or (losses) included in other comprehensive income | — |  |  | — |
Sales and settlements at par | — |  |  | — |
Transfers in and/or out of Level 3 | — |  |  | — |
Balance as of end of period | $ | 2,643 |  |  | $ | 2,633 |
Summary of long-term investments | The following is a summary of the Company’s long-term investments as of September 30, 2016 and June 30, 2016 (in thousands):
| September 30, 2016
| Amortized Cost |  | Gross Unrealized Holding Gains |  | Gross Unrealized Holding Losses |  | Fair Value
Auction rate securities | $ | 2,750 |  |  | $ | — |  |  | $ | (107 | ) |  | $ | 2,643 |
| June 30, 2016
| Amortized Cost |  | Gross Unrealized Holding Gains |  | Gross Unrealized Holding Losses |  | Fair Value
Auction rate securities | $ | 2,750 |  |  | $ | — |  |  | $ | (107 | ) |  | $ | 2,643 |

X
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration