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Income Taxes
6 Months Ended
Dec. 31, 2013
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes
Accrued Federal income taxes of approximately $1.2 million were included in accrued liabilities, and prepaid state and local income taxes of approximately $0.6 million were included in deferred income taxes and other current assets, at December 31, 2013. Prepaid Federal, state and local income taxes of approximately $7.5 million were included in deferred income taxes and other current assets at June 30, 2013. The changes were due to the timing of tax payments.
The gross tax contingency reserve at December 31, 2013 was approximately $0.9 million and consisted of tax liabilities of approximately $0.5 million and penalties and interest of approximately $0.4 million. We have classified none of the gross tax contingency reserve as current liabilities as none of these amounts are expected to be resolved within the next 12 months. The entire liability of approximately $0.9 million was included in other noncurrent liabilities. We expect that the amount of these liabilities will change within the next 12 months; however, we do not expect the change to have a significant effect on our financial position or results of operations. We recognize interest and penalties related to these tax liabilities in income tax expense.