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Cash, Cash Equivalents and Marketable Securities Available for Sale
12 Months Ended
Sep. 30, 2013
Cash, Cash Equivalents and Marketable Securities Available for Sale

3. Cash, Cash Equivalents and Marketable Securities Available for Sale

The following is a summary of cash, cash equivalents and marketable securities available for sale at September 30, 2013 and 2012:

 

    September 30, 2013     September 30, 2012  
    Amortized
Cost
    Gross
Unrealized
Gains
    Gross
Unrealized
Losses
    Fair Value     Amortized
Cost
    Gross
Unrealized
Gains
    Gross
Unrealized
Losses
    Fair Value  
    (In thousands)  

Cash and Cash Equivalents:

               

Cash

  $ 82,493      $ —        $ —        $ 82,493      $ 70,965      $ —        $ —        $ 70,965   

Money market funds

    439        —          —          439        397        —          —          397   

Non U.S. money market funds

    246        —          —          246        247        —          —          247   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 83,178      $ —        $ —        $ 83,178      $ 71,609      $ —        $ —        $ 71,609   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Short-term Marketable Securities:

               

U.S. government obligations

  $ —        $ —        $ —        $ —        $ 20,001      $ —        $ (1   $ 20,000   

U.S. corporate debt

    —          —          —          —          2,007        1        —          2,008   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ —        $ —        $ —        $ —        $ 22,008      $ 1      $ (1   $ 22,008   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Long-term Marketable Securities:

               

Marketable equity securities

  $ 6,006      $ 1,101      $ —        $ 7,107      $ 5,016      $ 401      $ —        $ 5,417   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

Short-term marketable securities mature at various dates over the course of the next twelve months. The long-term marketable equity securities represent securities held under a supplemental retirement and savings plan for senior management employees, which are distributed upon termination or retirement of the employees.

The following table shows the gross unrealized losses and fair value of our investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at September 30, 2012:

 

     September 30, 2012  
     Less than 12 months     12 months or greater      Total  
     Fair
Value
     Unrealized
Losses
    Fair
Value
     Unrealized
Losses
     Fair
Value
     Unrealized
Losses
 
     (In thousands)  

Description of Securities:

                

U.S. government obligations

   $ 15,000       $ (1   $ —         $ —         $ 15,000       $ (1
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 15,000       $ (1   $ —         $ —         $ 15,000       $ (1