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Note 5 - Cash and Short-term Investments
12 Months Ended
Jun. 30, 2014
Disclosure Text Block Supplement [Abstract]  
Cash, Cash Equivalents, and Short-term Investments [Text Block]

5. CASH AND SHORT-TERM INVESTMENTS


Cash and investments held in foreign subsidiaries amounted to $21.0 million and $23.5 million at June 30, 2014 and June 30, 2013, respectively. Of this amount, $12.5 million in U.S. dollar equivalents was held in British Pounds Sterling and $6.9 million in U.S. dollar equivalents was held in Brazilian Reals.


The Company plans to permanently reinvest cash held in foreign subsidiaries. Cash held in foreign subsidiaries is not available for use in the U.S. without the incurrence of U.S. federal and state income tax consequences.


As of June 30, 2014 and June 30, 2013, the Company’s U.K. subsidiary held a $8.7 million 95 day fixed rate deposit and a $7.7 million 95 day fixed rate deposit, respectively, with a financial institution.