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Investments
12 Months Ended
Jun. 30, 2017
Investments Debt And Equity Securities [Abstract]  
Investments

(4) Investments

 

A summary of short-term investments was as follows:

 

    June 30, 2017     June 30, 2016  
Held to Maturity Investments            
Time deposits   $ 2,046     $ 881  

 

Short-term investments consist of time deposits that the Company classifies as held-to- maturity and are recorded at cost plus accumulated interest. The Company has classified all investments with maturity dates of greater than three months as current since it has the ability to redeem them within the year and amounts are available for current operations.