Held-To-Maturity Securities

6 Months Ended

Dec. 31, 2011

Held-To-Maturity Securities [Abstract]

Held-To-Maturity Securities

Note 3—Held-to-Maturity Securities

The Company's investment securities classified as held-to-maturity consist of high-grade debt securities. These investments are carried at amortized cost. Gross unrecognized holding gains and losses, and fair values of these securities at December 31, 2011 and June 30, 2011 are as follows (in thousands):

	December 31, 2011								June 30, 2011
	Amortized Cost		Gross Unrecognized Holding				Aggregate Fair Value		Amortized Cost		Gross Unrecognized Holding				Aggregate Fair Value
			Gains		Losses						Gains		Losses
Current	$	1,066	$	10	$	—	$	1,076	$	355	$	2	$	—	$	357
Long-Term		874		29		—		903		1,605		46		—		1,651
	$	1,940	$	39	$	—	$	1,979	$	1,960	$	48	$	—	$	2,008

The fair value of investments in held-to-maturity securities is valued under the market approach through the use of quoted prices for similar investments in active markets.

The contractual maturities of the investment securities classified as held-to-maturity at December 31, 2011 are as follows (in thousands):

Contractual Maturities	Amortized Cost		Aggregate Fair Value		Weighted- Average Interest Rate
Less than 1 year	$	1,066	$	1,076		1.84	%
Due after 1 year through 3 years		874		903		2.62	%
Total	$	1,940	$	1,979		2.19	%