ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS )

6 Months Ended

Dec. 31, 2015

Disclosure Text Block [Abstract]

Comprehensive Income (Loss) Note [Text Block]

NOTE 9. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents change in accumulated other comprehensive income (loss) ("AOCI") by component:

(dollars in thousands)	Unrealized gains (losses) on available-for-sale investments 1			Foreign currency adjustment			Total
Six Months Ended December 31, 2015
Balance at June 30, 2015	$	(339	)	$	(144	)	$	(483	)
Other comprehensive loss before reclassifications		357			(113	)		244
Tax effect		-			-			-
Amount reclassified from AOCI		(272	)		-			(272	)
Tax effect		-			-			-
Net other comprehensive loss for the six months ended December 31, 2015		85			(113	)		(28	)
Balance at December 31, 2015	$	(254	)	$	(257	)	$	(511	)
Three Months Ended December 31, 2015
Balance at September 30, 2015	$	(923	)	$	(225	)	$	(1,148	)
Other comprehensive loss before reclassifications		470			(32	)		438
Tax effect		-			-			-
Amount reclassified from AOCI		199			-			199
Tax effect		-			-			-
Net other comprehensive loss for quarter		669			(32	)		637
Balance at December 31, 2015	$	(254	)	$	(257	)	$	(511	)

(dollars in thousands)	Unrealized gains (losses) on available-for-sale investments 1			Foreign currency adjustment			Total
Six Months Ended December 31, 2014
Balance at June 30, 2014	$	888		$	18		$	906
Other comprehensive loss before reclassifications		(1,287	)		(96	)		(1,383	)
Tax effect		438			-			438
Amount reclassified from AOCI		(382	)		-			(382	)
Tax effect		130			-			130
Net other comprehensive loss for the six months ended December 31, 2014		(1,101	)		(96	)		(1,197	)
Balance at December 31, 2014	$	(213	)	$	(78	)	$	(291	)
Three Months Ended December 31, 2014
Balance at September 30, 2014	$	462		$	(32	)	$	430
Other comprehensive loss before reclassifications		(937	)		(46	)		(983	)
Tax effect		319			-			319
Amount reclassified from AOCI		(86	)		-			(86	)
Tax effect		29			-			29
Net other comprehensive loss for quarter		(675	)		(46	)		(721	)
Balance at December 31, 2014	$	(213	)	$	(78	)	$	(291	)

1 Amounts reclassified from unrealized gains (losses) on available-for-sale investments, net of tax, were recorded in investment income (loss) on the Consolidated Statements of Operations.