XML 48 R32.htm IDEA: XBRL DOCUMENT v3.10.0.1
Marketable Investment Securities (Tables)
12 Months Ended
Jun. 30, 2018
Investments Debt And Equity Securities [Abstract]  
Schedule of Fair Value for Available-for-Sale Securities by Major Security Type and Class of Security

The amortized cost, gross unrealized holding gains, gross unrealized holding losses, and fair value for available-for-sale securities by major security type and class of security at June 30, 2018 and 2017 were as follows:

 

 

 

 

 

 

 

Gross

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

unrealized

 

 

unrealized

 

 

 

 

 

 

 

Amortized

 

 

holding

 

 

holding

 

 

Estimated

 

 

 

cost

 

 

gains

 

 

losses

 

 

fair value

 

At June 30, 2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

95.6

 

 

$

 

 

$

 

 

$

95.6

 

Cash equivalents

 

 

15.3

 

 

 

 

 

 

 

 

 

15.3

 

Total cash and cash equivalents

 

 

110.9

 

 

 

 

 

 

 

 

 

110.9

 

Available-for-sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds and notes

 

 

50.8

 

 

 

 

 

 

(0.3

)

 

 

50.5

 

Municipal bonds

 

 

29.3

 

 

 

 

 

 

(0.1

)

 

 

29.2

 

Federal agency issues

 

 

12.6

 

 

 

 

 

 

(0.1

)

 

 

12.5

 

US government securities

 

 

8.3

 

 

 

 

 

 

(0.1

)

 

 

8.2

 

Total

 

$

211.9

 

 

$

-

 

 

$

(0.6

)

 

$

211.3

 

 

 

 

 

 

 

 

Gross

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

unrealized

 

 

unrealized

 

 

 

 

 

 

 

Amortized

 

 

holding

 

 

holding

 

 

Estimated

 

 

 

cost

 

 

gains

 

 

losses

 

 

fair value

 

At June 30, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

83.5

 

 

$

 

 

$

 

 

$

83.5

 

Cash equivalents

 

 

18.9

 

 

 

 

 

 

 

 

 

18.9

 

Total cash and cash equivalents

 

 

102.4

 

 

 

 

 

 

 

 

 

102.4

 

Available-for-sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds and notes

 

 

45.4

 

 

 

0.1

 

 

 

(0.1

)

 

 

45.4

 

Municipal bonds

 

 

32.7

 

 

 

 

 

 

 

 

 

32.7

 

Federal agency issues

 

 

11.6

 

 

 

 

 

 

(0.1

)

 

 

11.5

 

US government securities

 

 

7.2

 

 

 

 

 

 

 

 

 

7.2

 

Total

 

$

199.3

 

 

$

0.1

 

 

$

(0.2

)

 

$

199.2

 

 

Schedule of Maturities of Debt Securities Classified as Cash Equivalents and Available-For-Sale

Cash, cash equivalents, and maturities of debt securities classified as available-for-sale are as follows at June 30, 2018:

 

 

 

Amortized

 

 

Estimated

 

 

 

cost

 

 

fair value

 

Cash

 

 

95.6

 

 

 

95.6

 

Cash equivalents

 

 

15.3

 

 

 

15.3

 

Available-for-sale:

 

 

 

 

 

 

 

 

Due within one year

 

 

70.0

 

 

 

69.7

 

Due after one year through five years

 

 

31.0

 

 

 

30.7

 

Due after five years

 

 

 

 

 

 

Total

 

$

211.9

 

 

$

211.3

 

 

Schedule of Debt Securities Available-For-Sale in Gross Unrealized Loss Position

Debt securities available-for-sale in a gross unrealized loss position as of June 30, 2018 and 2017 are summarized as follows:

 

 

 

Less than 12 months

 

 

More than 12 months

 

 

Total

 

 

 

Fair

 

 

Unrealized

 

 

Fair

 

 

Unrealized

 

 

Fair

 

 

Unrealized

 

 

 

value

 

 

losses

 

 

value

 

 

losses

 

 

value

 

 

losses

 

At June 30, 2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds and notes

 

 

35.6

 

 

 

0.2

 

 

 

9.8

 

 

 

0.1

 

 

 

45.4

 

 

 

0.3

 

Municipal bonds

 

 

24.6

 

 

 

0.1

 

 

 

0.5

 

 

 

 

 

 

25.1

 

 

 

0.1

 

Federal agency issues

 

 

3.0

 

 

 

0

 

 

 

9.5

 

 

 

0.1

 

 

 

12.5

 

 

 

0.2

 

US government securities

 

 

6.3

 

 

 

 

 

 

2.0

 

 

 

 

 

 

8.3

 

 

 

 

 

 

$

69.5

 

 

$

0.4

 

 

$

21.8

 

 

$

0.2

 

 

$

91.3

 

 

$

0.6

 

 

 

 

Less than 12 months

 

 

More than 12 months

 

 

Total

 

 

 

Fair

 

 

Unrealized

 

 

Fair

 

 

Unrealized

 

 

Fair

 

 

Unrealized

 

 

 

value

 

 

losses

 

 

value

 

 

losses

 

 

value

 

 

losses

 

At June 30, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds and notes

 

 

29.9

 

 

 

0.1

 

 

 

 

 

 

 

 

 

29.9

 

 

 

0.1

 

Municipal bonds

 

 

13.3

 

 

 

 

 

 

0.7

 

 

 

 

 

 

14.0

 

 

 

 

Federal agency issues

 

 

11.5

 

 

 

0.1

 

 

 

 

 

 

 

 

 

11.5

 

 

 

0.1

 

US government securities

 

 

5.3

 

 

 

 

 

 

 

 

 

 

 

 

5.3

 

 

 

 

 

 

$

60.0

 

 

$

0.2

 

 

$

0.7

 

 

$

 

 

$

60.7

 

 

$

0.2