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Short-term Investments
12 Months Ended
Sep. 30, 2018
Investments Debt And Equity Securities [Abstract]  
Short-term Investments

3. Short-term Investments

During the fiscal years ended September 30, 2018, 2017 and 2016 the Company realized losses of $11,000, $3,000 and $5,000, respectively, from the sale of short-term investments.  The realized losses are recorded in Other Income (Expense) on the consolidated statements of operations.  The Company’s short-term investments were composed of the following (in thousands):

 

 

 

 

AS OF SEPTEMBER 30, 2018

 

 

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Estimated

Fair Value

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

17,851

 

 

$

 

 

$

(60

)

 

$

17,791

 

Government bonds

 

 

7,702

 

 

 

 

 

 

(22

)

 

 

7,680

 

Total

 

$

25,553

 

 

$

 

 

$

(82

)

 

$

25,471

 

 

 

 

AS OF SEPTEMBER 30, 2017

 

 

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Estimated

Fair Value

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

22,832

 

 

$

 

 

$

(34

)

 

$

22,798

 

Government bonds

 

 

13,363

 

 

 

 

 

 

(24

)

 

 

13,339

 

Total

 

$

36,195

 

 

$

 

 

$

(58

)

 

$

36,137

 

 

The Company’s short-term investments have contractual maturities ranging from November 2018 to May 2020.