XML 26 R16.htm IDEA: XBRL DOCUMENT v3.19.2

Marketable Securities (Tables)

9 Months Ended

Jun. 30, 2019

Investments, Debt and Equity Securities [Abstract]

Company's Marketable Securities Measured at Fair Value

The following table sets forth, by level, within the fair value hierarchy, the Company’s marketable securities measured at fair value as of June 30, 2019:

		Fair Value Measurements
		Level 1				Level 2				Level 3				Total
Equities		$	10,476,000			$	—			$	—			$	10,476,000
Mutual Funds			3,980,000				—				—				3,980,000
Exchange-Traded Funds			4,447,000				—				—				4,447,000
Corporate Bonds			—				40,075,000				—				40,075,000
Government Securities			45,147,000				—				—				45,147,000
Cash and Money Funds			642,000				—				—				642,000
Total		$	64,692,000			$	40,075,000			$	—			$	104,767,000

Changes in net unrealized gains and (losses) included in the condensed consolidated statements of income for the quarter and nine months ended June 30, 2019, on trading securities still held as of June 30, 2019, were $(123,000) and $684,000, respectively. There were no transfers of investments between Level 1 and Level 2 during the nine months ended June 30, 2019.

The following table sets forth by level, within the fair value hierarchy, the Company’s assets measured at fair value as of September 30, 2018:

		Fair Value Measurements
		Level 1				Level 2				Level 3				Total
Equities		$	11,768,000			$	—			$	—			$	11,768,000
Mutual Funds			3,811,000				—				—				3,811,000
Exchange-Traded Funds			4,148,000				—				—				4,148,000
Corporate Bonds			—				29,884,000				—				29,884,000
Government Securities			53,883,000				—				—				53,883,000
Cash and Money Funds			564,000				—				—				564,000
Total		$	74,174,000			$	29,884,000			$	—			$	104,058,000

Changes in net unrealized gains and (losses) included in the condensed consolidated statements of income for the quarter and nine months ended June 30, 2018, on trading securities still held as of June 30, 2018, were $(577,000) and $(2,012,000), respectively. There were no transfers of investments between Level 1 and Level 2 during the nine months ended June 30, 2018.

X

- Definition

Tabular disclosure of assets measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258

+ Details

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

X

- References

No definition available.

+ Details

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