Annual report pursuant to Section 13 and 15(d)

Note 4 - Fair Value Measurements (Tables)

v3.7.0.1
Note 4 - Fair Value Measurements (Tables)
12 Months Ended
Jun. 30, 2017
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
 
 
Total carrying
value a
s of
 
 
Fair Value Measurements Using
Inputs Considered as
 
 
 
June 30, 2017
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
Assets
                               
Equity securities (1)
  $
59,616
    $
59,616
    $
-
    $
-
 
Corporate bond securities (1)
   
2,057
     
-
     
2,057
     
-
 
Total Assets
  $
61,673
    $
59,616
    $
2,057
    $
-
 
                                 
Liabilities
                               
Contingent Consideration
  $
68,400
    $
-
    $
-
    $
68,400
 
 
 
Total carrying
value a
s of
 
 
Fair Value Measurements Using
Inputs Considered as
 
 
 
June 30, 2016
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
Assets
                               
Equity securities (1)
  $
28,582
    $
28,582
    $
-
    $
-
 
Corporate bond securities (1)
   
-
     
-
     
-
     
-
 
Total Assets
  $
28,582
    $
28,582
    $
-
    $
-
 
                                 
Liabilities
                               
Contingent Consideration
  $
38,500
    $
-
    $
-
    $
38,500
 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
 
 
June 30,
 
 
 
2017
 
Fair value at the beginning of period
   
38,500
 
Purchase price contingent consideration (Note 2)
   
40,000
 
Payments
   
(28,500
)
Change in fair value of contingent consideration
   
18,400
 
Contingent consideration payable
  $
68,400