Note 3 - Cash, Cash Equivalents and Investments

9 Months Ended

Jun. 30, 2015

Cash and Cash Equivalents Disclosure [Text Block]

Note 3. Cash, Cash Equivalents and Investments

The Company currently invests its excess cash in money market accounts and bank certificates of deposit (CDs) with a term of not more than three years. CDs with original maturities of more than three months are reported as held-to-maturity investments

and are carried at amortized cost.

The maturity dates of the Company’s CDs as of June 30, 2015 and September 30, 2014 are as follows:

	June 30, 2015		September 30, 2014
Less than one year	$	7,945,000	$	6,632,000
1-3 years		7,722,000		8,302,000
Total	$	15,667,000	$	14,934,000

- Definition

The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify.

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