Note 5 - Marketable Securities |
3 Months Ended |
|---|---|
Sep. 30, 2011 | |
| Marketable Securities [Text Block] |
(5) Marketable
Securities
At
September 30, 2011 and June 30, 2011, the Company held
marketable securities of $11.1 million and $12.9 million,
respectively classified as current assets, consisting of
U.S. municipal bonds with maturities ranging from less than
one year to less than two years, which were rated A+/A1 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
three months ended September 30, 2011 and September 30,
2010. We do not believe there are any impairments
considered to be other than temporary at September 30,
2011.
Also see Note 4, "Restricted Cash
and Investments" and Note 14, “Financial
Instruments".
|