Note 5 - Marketable Securities
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9 Months Ended |
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Mar. 31, 2013
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Cash, Cash Equivalents, and Marketable Securities [Text Block] |
(5)
Marketable
Securities
At
March 31, 2013 and June 30, 2012, the Company held marketable
securities of $18.2 million and $9.0 million respectively,
classified as current assets, consisting of U.S. municipal
and corporate bonds with maturities ranging from less than
one year to less than two years, which were rated A/A2 or
better by the rating services Standard & Poors
(“S&P”) and Moodys Investors Service
(“Moodys”) respectively. There have been no
material realized or unrealized gains or losses for the nine
months ended March 31, 2013 and March 31, 2012. We do not
believe there are any impairments considered to be other than
temporary at March 31, 2013.
Also see Note 12, “Fair
Value Measurements"
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