INVESTMENTS (Tables)

3 Months Ended

Sep. 30, 2013

INVESTMENTS

Summary of available-for-sale securities

The following is a summary of available-for-sale securities as of September 30, 2013 (in thousands):

	Amortized Cost		Unrealized Losses			Fair Value (net)
US corporate debt securities	$	15,266	$	(77	)	$	15,189
Total available-for-sale	$	15,266	$	(77	)	$	15,189

The following is a summary of available-for-sale securities as of June 30, 2013 (in thousands):

	Amortized Cost		Unrealized Losses			Fair Value (net)
US corporate debt securities	$	15,477	$	(94	)	$	15,383
Total available-for-sale	$	15,477	$	(94	)	$	15,383