Investments

12 Months Ended

Sep. 30, 2011

Investments [Abstract]

INVESTMENTS

NOTE B — INVESTMENTS

Available-for-Sale

Investments classified as available-for-sale at September 30, 2011 consist of the following:

	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
Mutual Funds	$	14,000,000	$	—	$	(485,000	)	$	13,515,000

The available-for-sale investments did not have any contractual maturities. There were no sales during fiscal year 2011. There were no available-for-sales investments at September 30, 2010.

At September 30, 2011, there were four investments in an unrealized loss position, all of which had current unrealized losses which had existed for 12 months or less. Based on the evaluation of the available evidence, including recent changes in market rates and credit rating information, management believes the decline in fair value for these instruments is temporary. In addition, management has the ability but does not believe it will be required to sell these investment securities for a period of time sufficient to allow for an anticipated recovery or maturity. Should the impairment of any of these securities become other than temporary, the cost basis of the investment will be reduced and the resulting loss recognized in net income in the period in which the other-than-temporary impairment is identified.

Other Investments

Other investments consist of the following:

	September 30,		September 30,
	2011		2010
Certificates of deposits in banks	$	9,060,000	$	8,934,000

Certificates are generally nonnegotiable and nontransferable, and may incur substantial penalties for withdrawal prior to maturity, which will be within one year. Of the amounts shown above, the following amounts are classified as brokered certificates of deposits:

	2011		2010
Brokered certificates of deposits	$	1,483,000	$	3,925,000

Brokered certificates of deposit are subject to market fluctuations if sold prior to maturity; however, it is the Company’s intention to hold all certificates of deposit to maturity. All of the brokered securities referenced above are FDIC insured.