Marketable Securities

9 Months Ended

Mar. 31, 2012

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

Note 7: Marketable Securities
Marketable securities consisted of a mutual fund investment consisting primarily of corporate securities as of March 31, 2012 which is classified as a trading security. Marketable securities consisted of a government agency security, classified as held-to-maturity, and mutual funds consisting primarily of corporate securities as of June 30, 2011. 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.

There were no held-to-maturity securities at March 31, 2012. At June 30, 2011, the held-to-maturity securities consisted of a government treasury bill. The amortized cost, gross unrealized gains and losses and fair value of held-to-maturity securities at June 30, 2011 were as follows:

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

Trading securities consisted 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 March 31, 2012 and 2011:

	Beginning Balance of Fiscal Year		Gross Unrealized Gains		Gross Unrealized Losses			Contri- butions		Redemp- tions			Ending Balance
March 31, 2012
Mutual Fund	$	980	$	99	$	(134	)	$	—	$	(127	)	$	818
March 31, 2011
Mutual Fund	$	922	$	194	$	—		$	—	$	(89	)	$	1,027

There were no securities in a continuous unrealized loss position at 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.