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MARKETABLE SECURITIES
 3 Months Ended
Sep. 30, 2012
MARKETABLE SECURITIES [Abstract]  
MARKETABLE SECURITIES
NOTE 3:- MARKETABLE SECURITIES

As of September 30, 2012, all of the Company's marketable securities were classified as available-for-sale.

 
September 30, 2012

June 30,2012
 
Amortized cost

Gross
unrealized
gain

Gross
unrealized
loss

Fair
value

Amortized cost

Gross
unrealized
gain

Gross
unrealized
loss

Fair
value
Available-for-sale - matures within one year:























Stock and index linked notes
$ 1,294

$ 105

$ (36 )
$ 1,363

$ 1,264

$ 57

$ (56 )
$ 1,265
Government debentures - fixed interest rate

152


4


-


156


57


-


-


57
Corporate debentures - fixed interest rate

304


6


(1 )

309


303


2


(2 )

303
 
$ 1,750

$ 115

$ (37 )
$ 1,828

$ 1,624

$ 59

$ (58 )
$ 1,625
Available-for-sale - matures after one year through five years:































Government debentures - fixed interest rate

1,366


18


(37 )

1,347


1,417


12


(42 )

1,387
Corporate debentures - fixed interest rate

4,042


89


(33 )

4,098


2,829


20


(57 )

2,792
 
$ 5,408

$ 107

$ (70 )
$ 5,445

$ 4,246

$ 32

$ (99 )
$ 4,179
Available-for-sale - matures after five years through ten years:































Government debentures - fixed interest rate

427


2


(12 )

417


467


-


(23 )

444
Corporate debentures - fixed interest rate

445


2


(8 )

439


816


3


(44 )

775
 
$ 872

$ 4

$ (20 )
$ 856

$ 1,283

$ 3

$ (67 )
$ 1,219
 
$ 8,030

$ 226

$ (127 )
$ 8,129

$ 7,153

$ 94

$ (224 )
$ 7,023

The Company typically invests in highly-rated securities. When evaluating the investments for other-than-temporary impairment, the Company reviews factors such as the length of time and extent to which fair value has been below cost basis, the financial condition of the issuer and any changes thereto, and the Company's intent to sell, or whether it is more likely than not it will be required to sell, the investment before recovery of the investment's amortized cost basis. Based on the above factors, the Company concluded that unrealized losses on all available-for-sale securities were not other-than-temporary and no credit loss was present for any of its investments. As such, the Company did not recognize any impairment charges on outstanding securities during the three months ended September 30, 2012.