Fair Value Measurement (Tables)

3 Months Ended

Sep. 30, 2021

Summary of Carrying Amounts, Estimated Fair Values, and Valuation Input Levels of Certain Financial Instruments

The following tables present the carrying amounts, estimated fair values, and valuation input levels of certain financial instruments as of September 30, 2021 and June 30, 2021:

	September 30, 2021
	Carrying		Fair Value Measured Using						Fair
(In thousands)	Amount		Level 1		Level 2		Level 3		Value
Available-for-Sale Securities
Mutual Funds - Corporate & Government Debt	$	19,950	$	19,950	$	—	$	—	$	19,950
ETFs - Corporate & Government Debt		7,352		7,352		—		—		7,352
Total	$	27,302	$	27,302	$	—	$	—	$	27,302

	June 30, 2021
	Carrying		Fair Value Measured Using						Fair
(In thousands)	Amount		Level 1		Level 2		Level 3		Value
Available-for-Sale Securities
Mutual Funds - Corporate & Government Debt	$	19,985	$	19,985	$	—	$	—	$	19,985
ETFs - Corporate & Government Debt		7,366		7,366		—		—		7,366
Total	$	27,351	$	27,351	$	—	$	—	$	27,351

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details