Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Fair Value Measurements (Tables)

v3.7.0.1
Note 4 - Fair Value Measurements (Tables)
9 Months Ended
Mar. 31, 2017
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
 
 
Total carrying
value at
 
 
Fair Value Measurements Using
Inputs Considered as
 
 
 
March 31, 2017
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
Assets
                               
Corporate stocks (1)
  $
46,363
    $
46,363
    $
-
    $
-
 
Corporate bonds (1)
   
3,068
     
-
     
3,068
     
-
 
Total Assets
  $
49,431
    $
46,363
    $
3,068
    $
-
 
                                 
Liabilities
                               
Contingent Consideration
  $
70,480
    $
-
    $
-
    $
70,480
 
 
 
Total carrying
value at
 
 
Fair Value Measurements Using
Inputs Considered as
 
 
 
June 30, 2016
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
Assets
                               
Corporate Stocks (1)
  $
28,582
    $
28,582
    $
-
    $
-
 
Corporate bonds
   
-
     
-
     
-
     
-
 
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]
 
 
Quarter Ended
 
 
Nine Months Ended
 
 
 
March 31, 2017
 
 
March 31, 2017
 
Fair value at the beginning of period
  $
92,100
    $
38,500
 
Purchase price contingent consideration (Note 3)
   
 
     
41,200
 
Payments
   
(23,320
)
   
(23,320
)
Change in fair value of contingent consideration
   
1,700
     
14,100
 
    $
70,480
    $
70,480