Marketable Investment Securities (Tables)

6 Months Ended

Dec. 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 December 31, 2014 and June 30, 2014 were as follows:


(In thousands)	Amortized cost		Gross unrealized holding gains		Gross unrealized holding losses			Estimated fair value
At December 31, 2014:
Cash and cash equivalents:
Cash	$	57,010	$	—	$	—		$	57,010
Cash equivalents		2,699		—		—			2,699
Restricted cash		22,138		—		—			22,138

Total cash, cash equivalents and restricted cash		81,847		—		—			81,847

Available-for-sale securities:
Corporate bonds and notes		45,181		5		(18	)		45,168
Municipal bonds		83,506		141		(40	)		83,607
Federal agency issues		18,933		2		(4	)		18,931

Total available-for-sale securities		147,620		148		(62	)		147,706

Total cash, cash equivalents, restricted cash and available-for-sale securities	$	229,467	$	148	$	(62	)	$	229,553


(In thousands)	Amortized cost		Gross unrealized holding gains		Gross unrealized holding losses			Estimated fair value
At June 30, 2014:
Cash and cash equivalents:
Cash	$	45,181	$	—	$	—		$	45,181
Cash equivalents		19,639		1		—			19,640

Total cash and cash equivalents		64,820		1		—			64,821

Available-for-sale securities:
Corporate bonds and notes		44,449		36		(11	)		44,474
Municipal bonds		137,821		334		(3	)		138,152
Federal agency issues		23,134		12		(7	)		23,139

Total available-for-sale securities		205,404		382		(21	)		205,765

Total cash, cash equivalents and available-for-sale securities	$	270,224	$	383	$	(21	)	$	270,586

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

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


(In thousands)	Amortized cost		Estimated fair value
Cash	$	57,010	$	57,010
Cash equivalents		2,699		2,699
Restricted cash		22,138		22,138
Available-for-sale:
Due within one year		105,370		105,406
Due after one year through five years		42,250		42,300
Due after five years		—		—

	$	229,467	$	229,553