Annual report pursuant to Section 13 and 15(d)

Available-For-Sale Investments (Tables)

Available-For-Sale Investments (Tables)

12 Months Ended

Jun. 30, 2014

Amortized Cost and Market Value of Available-For-Sale Securities by Major Security Type

At June 30, 2014 and 2013, the amortized cost and market value of the Company’s available-for-sale securities by major security type were as follows (in thousands):


	June 30,
	2014				2013
	Cost		Market		Cost		Market
State and municipal debt securities	$	3,525	$	3,525	$	179,463	$	179,764
Corporate debt securities		100		100		12,804		12,817
Foreign corporate debt securities		0		0		4,484		4,490
Certificates of deposit		7,639		7,639		14,809		14,809
Equity securities		29,472		37,097		29,472		89,647

	$	40,736	$	48,361	$	241,032	$	301,527

Contractual Maturities of Available-For-Sale Investments

Contractual maturities of available-for-sale debt securities are shown below (in thousands). Expected maturities may differ from contractual maturities because borrowers may have the right to recall or prepay obligations with or without call or prepayment penalties.


Year Ending June 30, 2014:
Due within one year	$	7,689
Due one to five years		3,575

	$	11,264

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References + Details