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Financial Instruments (Tables)
9 Months Ended
Mar. 31, 2015
Financial Instruments  
Summary of amortized cost, gross unrealized gains, gross unrealized losses and fair value by significant investment category for cash, cash equivalents and short-term investments

 

 

The following tables summarize the amortized cost, gross unrealized gains, gross unrealized losses and fair value by significant investment category for cash, cash equivalents and short-term investments (in thousands):

 

 

 

 

March 31, 2015

 

 

 

 

 

 

 

 

 

Estimated Market Value

 

 

 

Amortized
Cost

 

Gross
Unrealized
Gains

 

Gross
Unrealized
Losses

 

Cash and
Cash
Equivalents

 

Short-term
Investments

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

79,192

 

$

 

$

 

$

79,192

 

$

 

Level 1

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

8,258

 

 

 

8,258

 

 

 

 

8,258

 

 

 

8,258

 

 

Level 2

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

15,997

 

 

 

7,999

 

7,998

 

U.S. Agency securities

 

17,999

 

1

 

 

 

18,000

 

Non-U.S. government securities

 

1,507

 

 

(4

)

 

1,503

 

Corporate notes

 

26,749

 

 

(65

)

 

26,684

 

 

 

62,252

 

 

(69

)

7,999

 

54,185

 

Total 

 

$

149,702

 

$

1

 

$

(69

)

$

95,449

 

$

54,185

 

 

 

 

June 30, 2014

 

 

 

 

 

 

 

 

 

Estimated Market Value

 

 

 

Amortized
Cost

 

Gross
Unrealized
Gains

 

Gross
Unrealized
Losses

 

Cash and
Cash
Equivalents

 

Short-term
Investments

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

91,797

 

$

 

$

 

$

91,797

 

$

 

Level 1

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

549

 

 

 

549

 

 

Level 2

 

 

 

 

 

 

 

 

 

 

 

Corporate notes

 

79,535

 

72

 

(54

)

 

79,553

 

Total 

 

$

171,881

 

$

72

 

$

(54

)

$

92,346

 

$

79,553

 

 

Schedule of contractual maturities of available-for-sale securities

 

 

Contractual maturities of available-for-sale securities at March 31, 2015 were as follows (in thousands):

 

 

 

March 31, 2015

 

 

 

Amortized
Cost

 

Fair Value

 

Due in 1 year or less

 

$

40,421 

 

$

40,381 

 

Due in 1-2 years

 

8,487 

 

8,469 

 

Due in 2-3 years

 

5,345 

 

5,335 

 

 

 

$

54,253 

 

$

54,185 

 

 

Schedule of carrying values and estimated fair values of long-term debt that are measured on a non-recurring basis

 

 

The following table summarizes the carrying values and estimated fair values of our long-term debt (in thousands):

 

 

 

March 31, 2015

 

June 30, 2014

 

 

 

Carrying Value

 

Fair Value

 

Carrying Value

 

Fair Value

 

3.75% Convertible Notes

 

$

92,390 

 

$

111,580 

 

$

88,511 

 

$

115,415 

 

3.50% Convertible Notes

 

44,654 

 

79,163 

 

44,654 

 

79,388 

 

3.50% Series A Convertible Notes

 

63,945 

 

124,709 

 

62,447 

 

125,065 

 

Total

 

$

200,989 

 

$

315,452 

 

$

195,612 

 

$

319,868