Marketable Securities

6 Months Ended

Dec. 31, 2011

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

Note 7: Marketable Securities

Marketable securities consisted of a government agency security and mutual funds consisting primarily of corporate securities as of December 31, 2011 and June 30, 2011. The Company classifies these securities as held-to-maturity and trading. Dividend and interest income is recognized when earned. Straight-line amortization related to discounts and premiums on the purchase of marketable securities is recorded in interest income. Realized gains and losses are included in earnings and are derived using the specific identification method for determining the cost of securities sold.

At December 31, 2011 and June 30, 2011, the held-to-maturity securities consisted of a government treasury bill. We have both the intent and the ability to hold the government treasury bill to maturity. The amortized cost, gross unrealized gains and losses and fair value of held-to-maturity securities at December 31, 2011 and June 30, 2011 were as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
At December 31, 2011
Government treasury bill	$	1,000	$	—	$	—	$	1,000
At June 30, 2011
Government treasury bill	$	1,000	$	—	$	—	$	1,000

Trading securities consist of a mutual fund investment corresponding to elections made in our deferred compensation program. In December 2010, we began quarterly distributions in accordance with the deferred compensation program agreement. The following table sets forth the beginning balance at July 1, 2011 and 2010, gross unrealized gains and losses, contributions, redemptions and fair value of trading securities at December 31, 2011 and 2010:

	Beginning Balance of Fiscal Year		Gross Unrealized Gains		Gross Unrealized Losses			Contri- butions		Redemp- tions			Ending Balance
December 31, 2011
Mutual Fund	$	980	$	17	$	(134	)	$	—	$	(86	)	$	777
December 31, 2010
Mutual Fund	$	922	$	166	$	—		$	—	$	(43	)	$	1,045

Maturities of investment securities classified as held-to-maturity at December 31, 2011 and June 30, 2011 were as follows:

	December 31, 2011				June 30, 2011
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due within one year	$	1,000	$	1,000	$	1,000	$	1,000

There were no securities in a continuous unrealized loss position at December 31, 2011 and June 30, 2011.

In determining whether investment holdings are other than temporarily impaired, we consider the nature, cause, severity and duration of the impairment. We and our investment advisors use analyst reports, credit ratings and other items as part of our review.