Note 5 - Marketable Securities
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9 Months Ended |
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Mar. 31, 2012
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Marketable Securities [Table Text Block] |
(5) Marketable
Securities
At
March 31, 2012 and June 30, 2011, the Company held
marketable securities of $11.3 million and $12.9 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, 2012 and March 31, 2011. We do
not believe there are any impairments considered to be
other than temporary at March 31, 2012. Also see Note 4,
"Restricted Cash and Investments" and Note 14,
“Fair Value Measurements".
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