XML 49 R21.htm IDEA: XBRL DOCUMENT v2.3.0.15
Basis Of Presentation (Policy)
3 Months Ended
Sep. 30, 2011
Basis Of Presentation [Abstract] 
Cash And Cash Equivalents

C. Cash and Cash Equivalents. Investment securities with an original maturity of 90 days or less are considered cash equivalents.

Financial InstrumentsD. Financial Instruments. Substantially all of the financial instruments of the Company other than Long-term debt are carried at fair values, or at carrying amounts that approximate fair values because of the short maturity of the instruments. The carrying value of the Company's long-term variable-rate term loan facility approximates fair value because these instruments reflect market changes to interest rates. The carrying value of the Company's long-term fixed-rate senior notes represents the face value of the long-term fixed-rate senior notes net of the unamortized discount. The fair value of the Company's long-term fixed-rate senior notes is based on quoted market prices.
Subsequent Events

E. Subsequent Events. In preparing the accompanying Condensed Consolidated Financial Statements, in accordance with Accounting Standards Codification Topic ("ASC") No. 855, "Subsequent Events," the Company has reviewed events that have occurred after September 30, 2011, through the date of issuance of the Consolidated Financial Statements. See Note 7. "Discontinued Operations," for a discussion of an amendment to the outsourcing services agreement that the Company entered into with Penson Worldwide Inc. ("PWI") in October 2011.