Note 6 - Income Taxes

3 Months Ended

Sep. 30, 2011

Income Tax Disclosure [Text Block]

Note 6 - Income Taxes

The following presents components of our income tax provisions (in thousands):

	Three Months Ended
	September 30
	2011			2010
Federal and state	$	65		$	19
Deferred federal and state		(349	)		(972	)
Foreign		76			115
Uncertain tax positions		(48	)		28
Deferred tax valuation allowance		355			1,026
	$	99		$	216

The federal statutory income tax rate reconciles to our effective income tax rate as follows:

	Three Months Ended
	September 30
	2011			2010
Statutory rate		(34.0	)%		(34.0	)%
State and foreign taxes net of federal tax benefit		12.6			0.1
Uncertain tax positions		(4.9	)		1.1
Deferred tax valuation allowance		36.4			41.5
		10.1	%		8.7	%

At September 30, 2011 we had federal income tax net operating loss carryovers of approximately $47 million expiring in 2029 through 2031.  Our deferred tax valuation allowance was approximately $24 million.