Foreign Exchange Contracts

3 Months Ended

Sep. 30, 2011

Foreign Exchange Contracts [Abstract]

Foreign Exchange Contracts

7.         Foreign Exchange Contracts

The Company may use, from time to time, a limited hedging program to minimize the impact of foreign currency fluctuations. These transactions involve the use of forward contracts, typically mature within one year and are designed to hedge anticipated foreign currency transactions. The Company may use forward exchange contracts to hedge the net assets of certain of its foreign subsidiaries to offset the translation and economic exposures related to the Company's investment in these subsidiaries.

At September 30, 2011 and 2010, the Company had no forward exchange contracts outstanding.