Note 4 - Restricted Cash and Investments
|3 Months Ended|
Sep. 30, 2017
|Notes to Financial Statements|
|Restricted Assets Disclosure [Text Block]||
September 30, 2017and
June 30, 2017,we held
$7.3million respectively, of restricted cash and investments in lieu of providing letters of credit for the benefit of the provider of our workmen’s compensation insurance and other insurance. These funds can be invested in high quality money market mutual funds, U.S. Treasuries and U.S. Government agency fixed income instruments, and cannot be withdrawn without the prior written consent of the secured party. These assets are carried at cost, which approximates market value and are classified as long-term assets because they are
notexpected to be used within
oneyear to fund operations. See also Note
The entire disclosure for assets that are restricted in their use, generally by contractual agreements or regulatory requirements. This would include, but not limited to, a description of the restricted assets and the terms of the restriction.
No definition available.