Note 11 - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2019

Notes Tables

Schedule of Components of Income Before Income Taxes [Table Text Block]

	201 9		2018		2017
Domestic operations	$	1,507	$	1,351	$	(1,547	)
Foreign operations		8,103		3,514		3,085
	$	9,610	$	4,865	$	1,538

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

	2019			2018			2017
Current:
Federal	$	(106	)	$	(991	)	$	(989	)
Foreign		2,398			2,256			999
State		37			5			39
Deferred:
Federal		1,139			6,772			597
Foreign		(172	)		(396	)		(85	)
State		235			852			(14	)
	$	3,531		$	8,498		$	547

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

	2019			2018			2017
Expected tax expense	$	2,018		$	1,365		$	523
State taxes, net of federal effect		(5	)		-			9
Foreign taxes, net of federal credits		(1,055	)		(1,010	)		(210	)
Change in valuation allowance		1,744			2,074			(107	)
Tax reserve adjustments		(66	)		(38	)		272
Return to provision and other adjustments		(57	)		(72	)		(17	)
Losses not benefited		-			-			123
Tax rate change applied to deferred tax balances		(129	)		6,324			315
Canada real estate gain deduction		-			-			(337	)
Global intangible low taxed income		1,121			-			-
Other permanent items		(40	)		(145	)		(24	)
Actual tax expense	$	3,531		$	8,498		$	547

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

	201 9			201 8
Deferred tax assets (liabilities):
Inventories	$	1,361		$	1,214
Employee benefits (other than pension)		840			700
Book reserves		601			504
Federal NOL, various carryforward periods		66			551
State NOL, various carryforward periods		1,224			1,034
Foreign NOL, various carryforward periods		309			148
Foreign tax credit carryforward, expiring 2023 – 2028		7,329			5,563
Pension benefits		10,289			8,881
Retiree medical benefits		1,778			1,622
Depreciation		(17	)		113
Intangibles		(630	)		(410	)
Federal research and development and AMT credit carryforward		786			638
Other		1,446			1,180
Total deferred tax assets		25,382			21,738
Valuation allowance		(6,743	)		(4,999	)
Net deferred tax asset	$	18,639		$	16,739

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

Balance at June 30, 2016	$	(10,820	)
Increase for tax positions taken during the current period		(813	)
Effect of exchange rate changes		38
Decrease relating to lapse of applicable statute of limitations		7
Balance at June 30, 2017		(11,588	)
Increase for tax positions taken during the current period		(287	)
Increase for tax positions taken during the prior period		(67	)
Effect of exchange rate changes		130
Decrease relating to lapse of applicable statute of limitations		930
Balance at June 30, 2018		(10,882	)
Increase for tax positions taken during the current period		(215	)
Decrease for tax positions taken during the prior period		5
Effect of exchange rate changes		16
Decrease relating to lapse of applicable statute of limitations		137
Balance at June 30, 2019	$	(10,939	)