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Other Comprehensive Income (Loss)
6 Months Ended
Dec. 31, 2018
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Other Comprehensive Income (Loss)

6. Other Comprehensive Income (Loss)

 

The Company’s other comprehensive income is comprised solely of unrealized gains and losses on available-for-sale securities. The following is a summary of the accumulated other comprehensive income balances, net of tax:

 

   Six months
ended
December 31,
2018
 
     
Beginning balance  $      -- 
Current year change   1 
Ending balance  $1 

  

Other comprehensive income (loss) components and related tax effects for the periods indicated were as follows:

 

   Six months ended
December 31,
 
(in thousands)  2018   2017 
         
Unrealized holding gains (losses) on available-for-sale securities  $1   $1 
Tax effect   --    -- 
Net-of-tax amount  $1   $1 

 

   Three months ended
December 31,
 
(in thousands)  2018   2017 
         
Unrealized holding gains (losses) on available-for-sale securities  $2   $1 
Tax effect   1    -- 
Net-of-tax amount  $1   $1