Fair Value Measurements (Tables)

9 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents the Company’s fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis:

March 31, 2013	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets
Investments:
Federal agency notes	$	—	$	5,513	$	—	$	5,513
Money market funds	54,179		—		—		54,179
Corporate notes/bonds	—		105,994		—		105,994
Foreign currency forward contracts	—		26		—		26
Total	$	54,179	$	111,533	$	—	$	165,712

June 30, 2012	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets
Investments:
Municipal bonds	$	—	$	2,736	$	—	$	2,736
Federal agency notes	—		11,234		—		11,234
Money market funds	36,141		—		—		36,141
Corporate notes/bonds	—		84,949		—		84,949
Foreign currency forward contracts	—		179		—		179
Total	$	36,141	$	99,098	$	—	$	135,239