Held-To-Maturity Securities

9 Months Ended

Mar. 31, 2012

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 instruments. These investments are carried at amortized cost. Gross unrecognized holding gains and losses, and fair values of these securities at March 31, 2012 and June 30, 2011 are as follows (in thousands):

	March 31, 2012								June 30, 2011
			Gross Unrecognized				Aggregate				Gross Unrecognized				Aggregate
	Amortized		Holding				Fair		Amortized		Holding				Fair
	Cost		Gains		Losses		Value		Cost		Gains		Losses		Value
Current	$	1,067	$	13	$	—	$	1,080	$	355	$	2	$	—	$	357
Long-Term		514		23		—		537		1,605		46		—		1,651
	$	1,581	$	36	$	—	$	1,617	$	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 March 31, 2012 are as follows (in thousands):

Contractual Maturities	Amortized Cost		Aggregate Fair Value		Weighted- Average Interest Rate
Less than 1 year	$	1,067	$	1,080		2.14	%
After 1 year through 3 years		514		537		2.66	%
Total	$	1,581	$	1,617		2.31	%