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Note N - Income Taxes - Components of Net Deferred Tax Assets (Details) - USD ($)
$ in Thousands
Jun. 30, 2018
Jun. 30, 2017
Retirement plans and employee benefits $ 6,910 $ 13,755
Foreign tax credit carryforwards 6,866 7,620
Federal tax credits 774 1,131
State net operating loss and other state credit carryforwards 1,190 1,213
Federal net operating loss 2,299
Inventory 1,259 1,992
Reserves 1,099 833
Foreign NOL carryforwards 2,940 3,606
Accruals 324 460
Other assets 403 665
Gross deferred tax assets 21,765 33,574
Property, plant and equipment 3,473 5,488
Intangibles 1,209 971
Other liabilities 230 125
Gross deferred tax liabilities 4,912 6,584
Valuation Allowance (3,803)
Total net deferred tax assets $ 16,853 $ 23,187