Marketable Investment Securities (Tables)

9 Months Ended

Mar. 31, 2014

Schedule of Fair Value for Available-for-Sale Securities by Major Security Type and Class of Security

The amortized cost, gross unrealized holding gains, gross unrealized holding losses, and fair value for available-for-sale securities by major security type and class of security at March 31, 2014 and June 30, 2013 were as follows:


			Gross		Gross
			unrealized		unrealized
	Amortized		holding		holding			Estimated
(In thousands)	cost		gains		losses			fair value
At March 31, 2014:
Cash and cash equivalents:
Cash	$	82,536	$	—	$	—		$	82,536
Cash equivalents		3,262		—		—			3,262

Total cash and cash equivalents		85,798		—		—			85,798

Available-for-sale securities:
Corporate bonds and notes		49,396		43		(3	)		49,436
Municipal bonds		123,997		286		(8	)		124,275
Federal agency issues		18,187		17					18,204

Total available-for-sale securities		191,580		346		(11	)		191,915

Total cash, cash equivalents and available-for-sale securities	$	277,378	$	346	$	(11	)	$	277,713


			Gross		Gross
			unrealized		unrealized
	Amortized		holding		holding			Estimated
(In thousands)	cost		gains		losses			fair value
At June 30, 2013:
Cash and cash equivalents:
Cash	$	40,412	$	—	$	—		$	40,412
Cash equivalents		63,653		8		—			63,661

Total cash and cash equivalents		104,065		8		—			104,073

Available-for-sale securities:
Corporate bonds and notes		71,626		13		(15	)		71,624
Municipal bonds		251,513		109		(537	)		251,085
Federal agency issues		104,293		24		(35	)		104,282

Total available-for-sale securities		427,432		146		(587	)		426,991

Total cash, cash equivalents and available-for-sale securities	$	531,497	$	154	$	(587	)	$	531,064

Schedule of Maturities of Debt Securities Classified as Cash Equivalents and Available-For-Sale

Cash, cash equivalents, and maturities of debt securities classified as available-for-sale securities are as follows at March 31, 2014:


	Amortized		Estimated
(In thousands)	cost		fair value
Cash	$	82,536	$	82,536
Cash equivalents		3,262		3,262
Available-for-sale:
Due within one year		126,235		126,360
Due after one year through five years		65,345		65,555
Due after five years		—		—

	$	277,378	$	277,713