XML 22 R9.htm IDEA: XBRL DOCUMENT v3.20.2

Marketable Investment Securities

12 Months Ended

Jun. 30, 2020

Investments Debt And Equity Securities [Abstract]

Marketable Investment Securities

2. MARKETABLE INVESTMENT SECURITIES

The amortized cost, gross unrealized holding gains, gross unrealized holding losses, and fair value debt securities classified as available-for-sale securities by major security type and class of security at June 30, 2020 and 2019 were as follows:

						Gross				Gross
						unrealized				unrealized
		Amortized				holding				holding				Estimated
		cost				gains				losses				fair value
At June 30, 2020:
Cash and cash equivalents:
Cash		$	132.8			$	—			$	—			$	132.8
Cash equivalents			30.9				—				—				30.9
Total cash and cash equivalents			163.7				—				—				163.7
Available-for-sale:
Corporate bonds and notes			50.1				0.8				—				50.9
Municipal bonds			17.8				0.2				—				18.0
Federal agency issues			5.5				0.1				—				5.6
US government securities			16.4				0.2				—				16.6
Total		$	253.5			$	1.3			$	—			$	254.8

						Gross				Gross
						unrealized				unrealized
		Amortized				holding				holding				Estimated
		cost				gains				losses				fair value
At June 30, 2019:
Cash and cash equivalents:
Cash		$	68.7			$	—			$	—			$	68.7
Cash equivalents			24.5				—				—				24.5
Total cash and cash equivalents			93.2				—				—				93.2
Available-for-sale:
Corporate bonds and notes			64.0				0.6				—				64.6
Municipal bonds			15.3				—				—				15.3
Federal agency issues			9.0				—				—				9.0
US government securities			9.7				—				—				9.7
Total		$	191.2			$	0.6			$	—			$	191.8

Cash, cash equivalents, and maturities of debt securities classified as available-for-sale are as follows at June 30, 2020:

		Amortized				Estimated
		cost				fair value
Cash			132.8				132.8
Cash equivalents			30.9				30.9
Available-for-sale:
Due within one year			53.7				54.1
Due after one year through five years			36.1				37.0
Due after five years			—				—
Total		$	253.5			$	254.8

There were no debt securities classified as available-for-sale in a gross unrealized loss position as of June 30, 2020 or 2019.

           Additional information relating to fair value of marketable investment securities can be found in Note 3.

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2209399

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2324412

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-URI http://asc.fasb.org/topic&trid=2196928

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 940
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2176304

+ Details

Name:	us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration