ADOPTION OF ASC TOPIC 740 (Tables)

12 Months Ended

Jun. 30, 2012

Adoption Of Asc Topic 740 Tables

Unrecognized tax benefits

The Company adopted ASC Topic 740 Accounting for Income Taxes - Interpretation of Topic 740, on July 1, 2010. The Company has not made any charges to the beginning balance of retained earnings as a result of implementing ASC Topic 740.  A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

(in thousands)
Balance at July 1, 2010	$	(196	)
Additions based on current year tax positions		-
Additions for prior year(s) tax positions		(57	)
Reductions for prior year(s) tax positions		-
Settlements		-
Expiration of statute of limitations		-
Balance at June 30, 2011	$	(253	)
Additions based on current year tax positions		-
Additions for prior year(s) tax positions		-
Reductions for prior year(s) tax positions		4
Settlements		-
Expiration of statute of limitations		-
Settlements		-
Balance at June 30, 2012	$	(249	)