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MARKETABLE SECURITIES
 12 Months Ended
Jun. 30, 2012
MARKETABLE SECURITIES [Abstract]  
MARKETABLE SECURITIES
NOTE 4:- MARKETABLE SECURITIES

As of June 30, 2012, all of the Company's marketable securities were classified as available-for-sale.

 
June 30, 2012

June 30,2011
 
Amortized cost

Gross
unrealized
gain

Gross
unrealized
loss

Fair
value

Amortized cost

Gross
unrealized
gain

Gross
unrealized
loss

Fair
value
Available-for-sale - matures within one year:























Stock and index linked notes
$ 1,264

$ 57

$ (56 )
$ 1,265

$ -

$ -

$ -

$ -
Government debentures - fixed interest rate

57


-


-


57


-


-


-


-
Corporate debentures - fixed interest rate

303


2


(2 )

303


-


-


-


-
 
$ 1,624

$ 59

$ (58 )
$ 1,625

$ -

$ -

$ -

$ -
Available-for-sale - matures after one year through five years:































Government debentures - fixed interest rate

1,417


12


(42 )

1,387


-


-


-


-
Corporate debentures - fixed interest rate

2,829


20


(57 )

2,792


-


-


-


-
 
$ 4,246

$ 32

$ (99 )
$ 4,179

$ -

$ -

$ -

$ -
Available-for-sale - matures after five years through ten years:































Government debentures - fixed interest rate

467


-


(23 )

444


-


-


-


-
Corporate debentures - fixed interest rate

816


3


(44 )

775


-


-


-


-
 
$ 1,283

$ 3

$ (67 )
$ 1,219

$ -

$ -

$ -

$ -
Total
$ 7,153

$ 94

$ (224 )
$ 7,023

$ -

$ -

$ -

$ -

The Company typically invests in highly-rated securities. When evaluating the investments for other-than-temporary impairment, the Company reviews factors such as the length of time and extent to which fair value has been below cost basis, the financial condition of the issuer and any changes thereto, and the Company's intent to sell, or whether it is more likely than not it will be required to sell, the investment before recovery of the investment's amortized cost basis. Based on the above factors, the Company concluded that unrealized losses on all available-for-sale securities were not other-than-temporary and no credit loss was present for any of its investments. As such, the Company did not recognize any impairment charges on outstanding securities during the year ended June 30, 2012.