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Fair Value Measurements (Tables)
3 Months Ended
Sep. 30, 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:
 
September 30, 2013
Level 1
 
Level 2
 
Level 3
 
Total
 
(In thousands)
Assets
 
 
 
 
 
 
 
Investments:
 
 
 
 
 
 
 
Money market funds
$
68,154

 
$

 
$

 
$
68,154

Corporate notes/bonds

 
96,427

 

 
96,427

Total
$
68,154

 
$
96,427

 
$

 
$
164,581

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Foreign currency forward contracts
$

 
$
(7
)
 
$

 
$
(7
)
Total
$

 
$
(7
)
 
$

 
$
(7
)

June 30, 2013
Level 1
 
Level 2
 
Level 3
 
Total
 
(In thousands)
Assets
 
 
 
 
 
 
 
Investments:
 
 
 
 
 
 
 
Money market funds
$
54,285

 
$

 
$

 
$
54,285

Corporate notes/bonds

 
109,810

 

 
109,810

Foreign currency forward contracts

 
21

 

 
21

Total
$
54,285

 
$
109,831

 
$

 
$
164,116