Financial Instruments And Fair Value Measurements (Tables)

12 Months Ended

Jun. 30, 2014

Investments, All Other Investments [Abstract]

Summary Of Short-Term And Long-Term Investments

Short-term and long-term investments consist of the following:

	As of June 30, 2014				As of June 30, 2013
(in thousands)	Amortized Cost Basis		Aggregate Fair Value		Amortized Cost Basis		Aggregate Fair Value
Time deposit – U.S.	$	0	$	0	$	53,862	$	53,862
Time deposit – international	73,437		73,437		28,832		28,832
U.S. government debt securities	—		—		65,352		65,352
Total investments	$	73,437	$	73,437	$	148,046	$	148,046

Summary Of Financial Assets At Fair Value

The following table provides information regarding the financial assets accounted for at fair value on a recurring basis and the type of inputs used to value the assets:

(in thousands)	Level 1		Level 2		Level 3		Total
Balance, June 30, 2014:
Short-term investments:
Time deposit – international	$	—	$	73,437	$	—	$	73,437
Total short-term investments	$	—	$	73,437	$	—	$	73,437
Balance, June 30, 2013:
Short-term and long-term investments:
Time deposit - U.S.	$	—	$	53,862	$	—	$	53,862
Time deposit – international	—		28,832		—		28,832
U.S. government debt securities	60,352		5,000		—		65,352
Total short-term and long-term investments	$	60,352	$	87,694	$	—	$	148,046

Contractual Maturities Of Investments

The contractual maturities of investments held at June 30, 2014 are as follows:

(in thousands)	Amortized Cost Basis		Aggregate Fair Value
Due within one year	$	73,437	$	73,437
Total short-term investments	$	73,437	$	73,437

Summary Of Redemptions And Sales Of Auction Rate Securities

Information relating to the sales of auction rate securities during fiscal 2014, 2013 and 2012 is set forth below:

	Fiscal Year Ended June 30,
(in thousands)	2014		2013			2012
Original cost, par value	$	—	$	52,625		$	5,000
Impairment losses previously recorded in:
Accumulated other comprehensive income	—		—			(540		)
Consolidated statement of operations	—		(14,600		)	—
Carrying value	—		38,025			4,460
Proceeds from redemption/sale	—		42,119			5,000
Gain from redemption/sale	$	—	$	4,094		$	540

Reconciliation Of Changes On Fair Value Of Auction Rate Securities

The following table contains a reconciliation of changes in the fair value of auction rate securities, and the related unrealized losses for the fiscal years ended June 30, 2013 and 2012:

(in thousands)	Cost			Temporary Impairment Loss (1)			OTTI – Non-Credit Loss (1)		OTTI – Credit Loss (2)			Fair Value
Balance, June 30, 2012	$	52,625		$	(4,336	)	$	—	$	(14,000	)	$	34,289
Changes in losses related to investments	—			512			—		(600		)	(88		)
Changes in losses related to sale	(52,625		)	3,824			—		14,600			(34,201		)
Balance, June 30, 2013	$	—		$	—		$	—	$	—		$	—

(1) OTTI means “other-than-temporary impairment.” The amounts in this column are recorded, net of tax, in the accumulated other comprehensive income (loss) component of stockholders’ equity.

(2) The changes in losses related to investments of $0.6 million was recorded in the consolidated statement of operations for fiscal year 2013.