v2.3.0.15
Investments
3 Months Ended
Sep. 30, 2011
Investments [Abstract] 
Investments

Note 6 – Investments

Short-Term Investments

The following schedule summarizes the unrealized gains and losses on the Company’s short-term investments:

 

                                 
    Amortized
Cost		     Gross Unrealized     Estimated
Fair  Value		  
      Gains     Losses    
    (in thousands)  

September 30, 2011

                                

Corporate bonds

   $ 78,424     $ 48     $ (1,114 )    $ 77,358  
         

June 30, 2011

                                

Corporate bonds

   $ 102,730     $ 223     $ (1,028 )    $ 101,925  

U.S. Government securities

     1,001       —         —         1,001  
   

 

 

    

 

 

    

 

 

    

 

 

  
    $ 103,731     $ 223     $ (1,028 )    $ 102,926  
   

 

 

    

 

 

    

 

 

    

 

 

  

The following schedule summarizes the contractual maturities of the Company’s short-term investments:

 

                                 
    September 30, 2011     June 30, 2011  
    Amortized
Cost		     Market
value		     Amortized
Cost		     Market
Value		  
    (in thousands)  

Due in less than one year

   $ 56,494     $ 55,564     $ 68,091     $ 67,260  

Due after one year through five years

     21,930       21,794       35,640       35,666  
   

 

 

    

 

 

    

 

 

    

 

 

  
    $ 78,424     $ 77,358     $ 103,731     $ 102,926  
   

 

 

    

 

 

    

 

 

    

 

 

  

The corporate bonds and U.S. government securities are classified as “available-for-sale.”