Cash, Cash Equivalents and Marketable Securities (Tables)

12 Months Ended

Jun. 30, 2012

Notes to Financial Statements

Schedule Of Cash And Cash Equivalents

The following table sets forth our cash and cash equivalents at June 30, 2012 and 2011 (in thousands):

	June 30, 2012		June 30, 2011
Cash – demand deposits	$	93,916	$	60,778
Cash equivalents – money market funds		103,980		26,979
Total cash and cash equivalents	$	197,896	$	87,757

Schedule Of Available-for-Sale Securities Reconciliation

The following is a summary of our available-for-sale securities at June 30, 2012 and 2011 (in thousands):

As of June 30, 2012	Cost Basis			Unrealized Gain		Unrealized Loss			Estimated Fair Value
Money market funds	$	103,980		$	-	$	-		$	103,980
US agency securities – FDIC insured		5,720			-		(9	)		5,711
Subtotal		109,700			-		(9	)		109,691
Less: cash equivalents		(103,980	)		-		-			(103,980	)
Total marketable securities	$	5,720		$	-	$	(9	)	$	5,711

As of June 30, 2011	Cost Basis			Unrealized Gain		Unrealized Loss			Estimated Fair Value
Money market funds	$	26,979		$	-	$	-		$	26,979
Government agency securities		16,014			11		-			16,025
US agency securities – FDIC insured		8,579			-		(32	)		8,547
Subtotal		51,572			11		(32	)		51,551
Less: cash equivalents		(26,979	)		-		-			(26,979	)
Total marketable securities	$	24,593		$	11	$	(32	)	$	24,572

Schedule of Marketable Securities by Contractual Maturities

At June 30, 2012, our marketable securities had the following remaining contractual maturities (in thousands):

	Amortized Cost		Estimated Fair Value
Less than one year	$	5,720	$	5,711

Schedule Of Fair Value Measurements

The following table sets forth the basis of fair value measurements for our available-for-sale securities as of June 30, 2012 and 2011 (in thousands):

			Fair Value Measurements at Reporting Date Using
	June 30, 2012		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Money market funds	$	103,980	$	103,980	$	-	$	-
US agency securities – FDIC Insured		5,711		-		5,711		-
Total cash equivalents and marketable securities	$	109,691	$	103,980	$	5,711	$	-

			Fair Value Measurements at Reporting Date Using
	June 30, 2011		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Money market funds	$	26,979	$	26,979	$	-	$	-
Government agency securities		16,025		-		16,025		-
US agency securities – FDIC Insured		8,547		-		8,547		-
Total cash equivalents and marketable securities	$	51,551	$	26,979	$	24,572	$	-