Note 9 - Other Income (Expense)
|9 Months Ended|
Mar. 31, 2018
|Notes to Financial Statements|
|Other Income and Other Expense Disclosure [Text Block]||
9.Other Income / (Expense):
The components of other income (expense) in the accompanying Statement of Earnings and Comprehensive Income are as follows:
thirdquarter of fiscal
2018,the Company recognized a
$16.2million impairment on the write-down of its investment in Astute Medical, Inc. This loss is included in other income (expense) on the condensed consolidated Statement of Earnings and Comprehensive Income.
The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef