Note N - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2016

Notes Tables

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

	2016			2015		2014
United States	$	(29,293	)	$	5,614	$	1,107
Foreign		3,998			10,286		6,989
	$	(25,295	)	$	15,900	$	8,096

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

	2016			2015			2014
Currently payable:
Federal	$	(1,683	)	$	1,607		$	651
State		136			518			104
Foreign		1,468			2,832			2,837
		(79	)		4,957			3,592
Deferred:
Federal		(10,978	)		408			1,309
State		(787	)		5			(95	)
Foreign		(438	)		(855	)		(580	)
		(12,203	)		(442	)		634
	$	(12,282	)	$	4,515		$	4,226

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

	2016			2015
Deferred tax assets:
Retirement plans and employee benefits	$	19,106		$	15,157
Foreign tax credit carryforwards		8,887			-
Federal tax credits		191			-
State net operating loss and other state credit carryforwards		768			369
Inventory		1,775			1,789
Reserves		1,544			2,587
Foreign NOL carryforwards		3,176			3,539
Accruals		522			584
Other assets		678			568
		36,647			24,593
Deferred tax liabilities:
Property, plant and equipment		6,329			7,221
Intangibles		2,011			4,778
Other liabilities		140			451
		8,480			12,450
Valuation Allowance		(3,123	)		(3,577	)
Total net deferred tax assets	$	25,044		$	8,566

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

	2016			2015			2014
U.S. federal income tax at 35%	$	(8,601	)	$	5,491		$	2,754
Increases (reductions) in tax resulting from:
Foreign tax items		(2,525	)		362			(291	)
State taxes		(374	)		32			228
Valuation allowance		(1,288	)		(1,121	)		1,551
Change in prior year estimate		473			157			139
Research and development tax credits		(348	)		(337	)		(267	)
Section 199 deduction		-			(96	)		(109	)
Unrecognized tax benefits		(21	)		5			183
Goodwill impairment		420			-			-
Other, net		(18	)		22			38
	$	(12,282	)	$	4,515		$	4,226

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

	June 30, 2016			June 30, 2015
Unrecognized tax benefits, beginning of year	$	810		$	1,603
Additions based on tax positions related to the prior year		12			-
Additions based on tax positions related to the current year		172			184
Reductions based on tax positions related to the prior year		(4	)		(3	)
Subtractions due to statutes closing		(179	)		(60	)
Settlements with Taxing Authorities		(21	)		(914	)
Unrecognized tax benefits, end of year	$	790		$	810