Marketable Securities |
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| Marketable Securities | NOTE 5 – Marketable Securities A summary of the fair value of the Company’s investment in marketable securities as of June 30, 2025 and 2024 is as follows:
Investments in Equity Securities The disaggregated net gains and losses on the equity securities recognized within the accompanying consolidated statements of income for the years ended June 30, 2025, 2024 and 2023 are as follows (in thousands):
The following tables summarize the Company’s investment in equity securities as of June 30, 2025 and 2024, respectively (in thousands):
Investment income is recognized when earned and consists principally of interest income from fixed income mutual funds. Realized gains and losses on sales of investments are determined on a specific identification basis. Investments in Debt Securities The Company had no investments in debt securities as of June 30, 2024. The following tables summarize the Company’s investments in debt securities as of June 30, 2025 (in thousands):
The debt investments all mature within one year or less, and the Company did not recognize any credit or non-credit related losses related to its det securities during the year ended June 30, 2025. |
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