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Marketable Securities | 9 Months Ended
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Jun. 30, 2014
Marketable Securities [Abstract] |
MARKETABLE SECURITIES | MARKETABLE SECURITIES Our marketable securities consist of certificates of deposit, corporate bonds and government municipal bonds. We analyze our available-for-sale marketable securities for impairment on an ongoing basis. When we perform this analysis, we consider factors such as the length of time and extent to which the securities have been in an unrealized loss position and the trend of any unrealized losses. We also consider whether an unrealized loss is a temporary loss or an other-than-temporary loss based on factors such as: (a) whether we have the intent to sell the security, (b) whether it is more likely than not that we will be required to sell the security before its anticipated recovery, or (c) permanent impairment due to bankruptcy or insolvency. In order to estimate the fair value for each security in our investment portfolio, we obtain quoted market prices and trading activity for each security where available. We obtain relevant information from our investment advisor and, if warranted, also may review the financial solvency of certain security issuers. As of June 30, 2014, 24 of our 65 securities that we held were trading below our amortized cost basis. We determined each decline in value to be temporary based upon the above described factors. We expect to realize the fair value of these securities, plus accrued interest, either at the time of maturity or when the security is sold. All of our current holdings are classified as available-for-sale marketable securities and are recorded at fair value on our consolidated balance sheet with the unrealized gains and losses recorded in accumulated other comprehensive loss. All of our current marketable securities will mature in less than one year and our non-current marketable securities will mature in less than three years. During the three months ended June 30, 2014 and 2013, we received proceeds from our available-for-sale marketable securities of $21.6 million and $13.6 million, respectively. During the nine months ended June 30, 2014 and 2013, we received proceeds from our available-for-sale marketable securities of $35.4 million and $51.8 million, respectively. 6. MARKETABLE SECURITIES (CONTINUED) At June 30, 2014 our marketable securities were (in thousands):
| Amortized Cost (1) |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value (1)
Current marketable securities: |  |  |  |  |  |  |
Corporate bonds | $ | 23,253 |  |  | $ | 2 |  |  | $ | (23 | ) |  | $ | 23,232 |
Certificates of deposit | 4,002 |  |  | 2 |  |  | (1 | ) |  | 4,003 |
Government municipal bonds | 5,094 |  |  | — |  |  | — |  |  | 5,094 |
Current marketable securities | 32,349 |  |  | 4 |  |  | (24 | ) |  | 32,329 |
Non-current marketable securities: |  |  |  |  |  |  |
Corporate bonds | 5,079 |  |  | — |  |  | (11 | ) |  | 5,068 |
Certificates of deposit | 7,253 |  |  | 21 |  |  | (4 | ) |  | 7,270 |
Non-current marketable securities | 12,332 |  |  | 21 |  |  | (15 | ) |  | 12,338 |
Total marketable securities | $ | 44,681 |  |  | $ | 25 |  |  | $ | (39 | ) |  | $ | 44,667 |
(1) | Included in amortized cost and fair value is purchased and accrued interest of $327.
At September 30, 2013 our marketable securities were (in thousands):
| Amortized Cost (1) |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value (1)
Current marketable securities: |  |  |  |  |  |  |
Corporate bonds | $ | 35,161 |  |  | $ | 10 |  |  | $ | (30 | ) |  | $ | 35,141 |
Certificates of deposit | 1,753 |  |  | — |  |  | (2 | ) |  | 1,751 |
Government municipal bonds | 10,115 |  |  | — |  |  | (1 | ) |  | 10,114 |
Current marketable securities | 47,029 |  |  | 10 |  |  | (33 | ) |  | 47,006 |
Non-current marketable securities: |  |  |  |  |  |  |
Corporate bonds | 6,439 |  |  | — |  |  | (6 | ) |  | 6,433 |
Certificates of deposit | 11,003 |  |  | — |  |  | (47 | ) |  | 10,956 |
Non-current marketable securities | 17,442 |  |  | — |  |  | (53 | ) |  | 17,389 |
Total marketable securities | $ | 64,471 |  |  | $ | 10 |  |  | $ | (86 | ) |  | $ | 64,395 |
(1) | Included in amortized cost and fair value is purchased and accrued interest of $629.
The following tables show the fair values and gross unrealized losses of our available-for-sale marketable securities that have been in a continuous unrealized loss position deemed to be temporary, aggregated by investment category (in thousands):
| June 30, 2014
| Less than 12 Months |  | More than 12 Months
| Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
Corporate bonds | $ | 19,874 |  |  | $ | (34 | ) |  | $ | — |  |  | $ | — |
Certificates of deposit | 498 |  |  | (2 | ) |  | 1,997 |  |  | (3 | )
Total | $ | 20,372 |  |  | $ | (36 | ) |  | $ | 1,997 |  |  | $ | (3 | )
6. MARKETABLE SECURITIES (CONTINUED)
| September 30, 2013
| Less than 12 Months |  | More than 12 Months
| Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
Corporate bonds | $ | 29,911 |  |  | $ | (35 | ) |  | $ | 2,001 |  |  | $ | (1 | )
Certificates of deposit | 12,451 |  |  | (49 | ) |  | — |  |  | — |
Government municipal bonds | 6,182 |  |  | (1 | ) |  | — |  |  | — |
Total | $ | 48,544 |  |  | $ | (85 | ) |  | $ | 2,001 |  |  | $ | (1 | )

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- Definition The entire disclosure for investments in certain debt and equity securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -Glossary Debt Security -URI http://asc.fasb.org/extlink&oid=6509901 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6379141&loc=d3e15032-111544 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27232-111563 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27405-111563 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -Glossary Equity Security -URI http://asc.fasb.org/extlink&oid=6511694 + Details
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