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Investments (Tables)
6 Months Ended
Mar. 31, 2013
Amortized Cost, Unrealized Holding Gains (Losses) and Fair Value of Available-for-Sale Securities

The amortized cost, unrealized holding gains and losses, and fair value of available-for-sale securities as of March 31, 2013 and September 30, 2012 were as follows (in thousands):

 

     March 31, 2013  
     Amortized
Cost
     Unrealized
Gains
     Unrealized
Losses
    Fair Value  

U.S. government and government agency obligations

   $ 34,318       $ 59       $ —        $ 34,377   

Mortgage-backed securities

     2,513         112         (24     2,601   

Municipal bonds

     3,421         27         (1     3,447   

Asset-backed securities

     537         —           (5     532   

Corporate bonds

     1,673         23         —          1,696   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 42,462       $ 221       $ (30   $ 42,653   
  

 

 

    

 

 

    

 

 

   

 

 

 
     September 30, 2012  
     Amortized
Cost
     Unrealized
Gains
     Unrealized
Losses
    Fair Value  

U.S. government and government agency obligations

   $ 28,641       $ 213       $ —        $ 28,854   

Mortgage-backed securities

     2,896         129         (26     2,999   

Municipal bonds

     3,178         35         —          3,213   

Asset-backed securities

     613         —           (15     598   

Corporate bonds

     6,858         28         —          6,886   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 42,186       $ 405       $ (41   $ 42,550   
  

 

 

    

 

 

    

 

 

   

 

 

 
Amortized Cost and Fair Value of Investments by Contractual Maturity

The amortized cost and fair value of investments by contractual maturity at March 31, 2013 were as follows (in thousands):

 

     Amortized
Cost
     Fair Value  

Debt securities due within:

     

One year

   $ 15,132       $ 15,147   

One to five years

     23,951         24,040   

Five years or more

     3,379         3,466   
  

 

 

    

 

 

 

Total

   $ 42,462       $ 42,653   
  

 

 

    

 

 

 
Sales of Available-for-Sale Securities

The following table summarizes sales of available-for-sale securities (in thousands):

 

     Three months ended     Six months ended  
     March 31,     March 31,  
     2013      2012     2013      2012  

Proceeds from sales

   $ 25,175       $ 31,913      $ 25,980       $ 34,554   

Gross realized gains

   $ 161       $ 163      $ 165       $ 171   

Gross realized losses

   $ —         $ (1   $ —         $ (1