Investments

9 Months Ended

Mar. 31, 2018

Investments Debt And Equity Securities [Abstract]

Investments

(3) Investments

We use the specific identification method when determining realized gains and losses on our available-for-sale securities. The following tables summarize unrealized gains and losses related to our investments:

	March 31, 2018
Available-for-Sale	Adjusted		Unrealized		Unrealized			Fair
(In thousands)	Cost		Gain		Loss			Value
Mutual Funds - Corporate & Government Debt	$	3,570	$	—	$	(42	)	$	3,528
Fixed Income Bonds		1,631		—		(8	)		1,623
Time Deposits		548		—		(2	)		546
Total	$	5,749	$	—	$	(52	)	$	5,697

	June 30, 2017
	Adjusted		Unrealized		Unrealized			Fair
	Cost		Gain		Loss			Value
Mutual Funds - Corporate & Government Debt	$	9,104	$	—	$	(61	)	$	9,043
Fixed Income Bonds		3,048		—		—			3,048
Time Deposits		799		—		—			799
Total	$	12,951	$	—	$	(61	)	$	12,890

For information on the unrealized holding losses on available-for-sale investments reclassified out of accumulated other comprehensive loss into the consolidated statements of income, see “Note 9: Other Comprehensive Loss.”

We have certain financial instruments on our condensed consolidated balance sheet related to interest-bearing time deposits and fixed income bonds. These time deposits are included in “Short-term Investments” if the maturities at the end of the reporting period were 360 days or less or “Long-term Investments” if the maturities at the end of the reporting period were over 360 days. Fixed income investments, maturing over the next one to three years, comprise a set of highly diversified bonds issued by various corporations and entities that in aggregate represent an above average investment-grade fixed income portfolio.

The following table presents the carrying amounts of certain financial instruments as of March 31, 2018, and June 30, 2017:

	Carrying Value
	Short-Term Investments				Long-Term Investments
(In thousands)	March 31, 2018		June 30, 2017		March 31, 2018		June 30, 2017
Mutual Funds - Corporate & Government Debt	$	3,528	$	9,043	$	—	$	—
Time deposits
Maturities from 91-360 days		496		250		—		—
Maturities over 360 days		—		—		50		549
Fixed Income Bonds
Maturities less than 1 year		1,623		1,607		—		—
Maturities from 1-3 years		—		—		—		1,441
Total	$	5,647	$	10,900	$	50	$	1,990