Note 11 - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2020

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

(In thousands)	2020			2019
Components of income (loss) before income taxes:
United States	$	11,494		$	(23,005	)
Foreign		199			737
Income (loss) before income taxes	$	11,693		$	(22,268	)
Provision for income taxes
U.S. Federal	$	(2,082	)	$	88
Foreign		83			221
State and local		175			132
Total current		(1,824	)		441
Deferred		3,925			(6,370	)
Total provision for income taxes	$	2,101		$	(5,929	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

(In thousands)	2020			2019
Reconciliation to federal statutory rate:
Federal statutory rate		21.0	%		21.0	%
State and local taxes, net of federal benefit		2.0			3.3
Foreign operations		0.4			(0.3	)
Federal tax credits		(0.7	)		0.8
Valuation allowance		(13.4	)		3.8
Expiration of capital loss carryforward		8.9			-
Uncertain tax position activity		(0.5	)		0.3
Stock-based compensation		3.6			(1.3	)
Tax rate changes		(5.4	)		(0.2	)
Other		2.1			(0.8	)
Effective tax rate		18.0	%		26.6	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(In thousands)	2020			2019
Uncertain tax positions	$	125		$	128
Reserves against current assets		798			1,800
Accrued expenses		2,196			1,722
Interest		-			388
Deferred compensation		235			308
Stock-based compensation		597			926
State net operating loss carryover and credits		2,194			2,374
Long term capital loss carryforward		-			2,555
Right of use asset		1,992			-
Goodwill, acquisition costs and intangible assets		8,040			8,949
U.S. Federal net operating loss carryover and credits		217			1,139
Deferred income tax asset before valuation allowance		16,394			20,289
Valuation allowance		(2,194	)		(3,820	)
Deferred income tax asset		14,200			16,469
Depreciation		(1,837	)		(2,169	)
Lease liability		(1,992	)		-
Deferred income tax liability		(3,829	)		(2,169	)
Net deferred income tax asset	$	10,371		$	14,300

Summary of Income Tax Contingencies [Table Text Block]

(In thousands)	2020			2019
Balance at the beginning of the fiscal year	$	675		$	736
Decreases - tax positions in prior period		(70	)		(120	)
Increase - tax positions in current period		15			59
Increases - tax positions in prior period		-			-
Settlements and payments		(13	)		-
Lapse of statute of limitations		-			-
Balance at end of the fiscal year		607			675