Fair Value Measurement (Tables)

12 Months Ended

Jun. 30, 2019

Schedule of fair value of financial instruments

The following table presents the carrying amounts, estimated fair values, and valuation input levels of certain financial instruments as of June 30, 2018:

	June 30, 2018
	Carrying		Fair Value Measured Using						Fair
(In thousands)	Amount		Level 1		Level 2		Level 3		Value
Available-for-Sale Securities
Mutual Funds - Corporate & Government Debt	$	1,728	$	1,728	$	—	$	—	$	1,728
Bonds: less than 1 year		1,328		—		1,328		—		1,328
Time deposits: 91-360 days		495		—		495		—		495
Time deposits: over 360 days		50		—		50		—		50
Total	$	3,601	$	1,728	$	1,873	$	—	$	3,601

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details