Fair Value Measurement (Tables)

12 Months Ended

Jun. 30, 2021

Summary of Carrying Amounts, Estimated Fair Values, and Valuation Input Levels of Certain Financial Instruments

The following tables present the carrying amounts, estimated fair values, and valuation input levels of certain financial instruments as of June 30, 2021 and June 30, 2020:

	June 30, 2021
	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	$	19,985	$	19,985	$	—	$	—	$	19,985
ETFs - Corporate & Government Debt		7,366		7,366		—		—		7,366
Total	$	27,351	$	27,351	$	—	$	—	$	27,351

June 30, 2020

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

—

ETFs - Corporate & Government Debt

—

Total

—

- 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.

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