Marketable Securities

6 Months Ended

Dec. 31, 2016

Investments, Debt and Equity Securities [Abstract]

Marketable Securities

4. Marketable Securities

The amortized cost, unrealized loss and fair value of the Company’s available-for-sale marketable securities at December 31, 2016 and June 30, 2016 were as follows (in thousands):

	December 31, 2016
	Amortized Cost		Unrealized Loss			Fair Value
Corporate bonds	$	1,556	$	(1	)	$	1,555
Commercial paper		4,292		—			4,292
Total marketable securities	$	5,848	$	(1	)	$	5,847
	June 30, 2016
	Amortized Cost		Unrealized Loss			Fair Value
Corporate bonds	$	5,999	$	(2	)	$	5,997
Commercial paper		7,682		—			7,682
Total marketable securities	$	13,681	$	(2	)	$	13,679

During the six months ended December 31, 2016, $5.1 million of marketable securities were purchased and $12.9 million of such securities matured. At December 31, 2016, the marketable securities had maturities ranging from 10 days to 4.3 months, with a weighted average maturity of 2.1 months.