(3) Investments

As of September 30, 2018, the Company did not hold any investments. The following table summarizes unrealized gains and losses related to our investments as of June 30, 2018:

	June 30, 2018
	Adjusted		Unrealized		Unrealized			Fair
	Cost		Gain		Loss			Value
Mutual Funds - Corporate & Government Debt	$	1,751	$	—	$	(23	)	$	1,728
Fixed Income Bonds		1,333		—		(5	)		1,328
Time Deposits		548		—		(3	)		545
Total	$	3,632	$	—	$	(31	)	$	3,601

For information on the unrealized holding losses on available-for-sale investments reclassified out of accumulated other comprehensive loss into the consolidated statements of income, see “Note 9: Other Comprehensive Loss.”

As of June 30, 2018, the Company had certain financial instruments on our condensed consolidated balance sheet related to interest-bearing time deposits and fixed income bonds. These time deposits are included in “Short-term Investments” if the maturities at the end of the reporting period were 360 days or less or “Long-term Investments” if the maturities at the end of the reporting period were over 360 days. Fixed income investments, maturing over one to three years, comprised a set of highly diversified bonds issued by various corporations and entities that in aggregate represented an above average investment-grade fixed income portfolio.

The following table presents the carrying amounts of certain financial instruments as of September 30, 2018, and June 30, 2018:

	Carrying Value
	Short-Term Investments				Long-Term Investments
(In thousands)	September 30, 2018		June 30, 2018		September 30, 2018		June 30, 2018
Mutual Funds - Corporate & Government Debt	$	—	$	1,728	$	—	$	—
Time deposits
Maturities from 91-360 days		—		—		—		—
Maturities over 360 days		—		495		—		50
Fixed Income Bonds
Maturities less than 1 year		—		1,328		—		—
Maturities from 1-3 years		—		—		—		—
Total	$	—	$	3,551	$	—	$	50