Note O - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2020

Notes Tables

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

	2020			2019
United States	$	(29,332	)	$	7,059
Foreign		(14,408	)		7,448
	$	(43,740	)	$	14,507

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

	2020			2019
Currently payable:
Federal	$	(149	)	$	248
State		30			261
Foreign		4,022			(3,644	)
		3,903			(3,135	)
Deferred:
Federal		(5,673	)		920
State		(860	)		(7	)
Foreign		(1,539	)		5,933
		(8,072	)		6,846
	$	(4,169	)	$	3,711

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

	2020		2019
Deferred tax assets:
Retirement plans and employee benefits	$	7,934	$	7,732
Foreign tax credit carryforwards		7,429		6,296
Federal tax credits		1,585		1,057
State net operating loss and other state credit carryforwards		1,696		1,269
Federal net operating loss		1,607		-
Inventory		205		757
Reserves		1,056		765
Foreign NOL carryforwards		555		775
Accruals		823		339
Right of use assets - operating leases		3,920		3,691
Disallowed interest		418		-
Disallowed PPP expenses		1,320		-
Other assets		832		656
		29,380		23,337
Deferred tax liabilities:
Property, plant and equipment		3,231		3,432
Intangibles		3,306		5,345
Long term operating lease obligations		3,855		3,617
Other liabilities		44		194
		10,436		12,588
Valuation allowance		-		-
Total net deferred tax assets	$	18,944	$	10,749

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

	2020			2019
U.S. federal income tax at 21%	$	(9,185	)	$	3,046
Increases (reductions) in tax resulting from:
Foreign tax items		236			281
State taxes		(716	)		209
Change in prior year estimate		(213	)		(50	)
Research and development tax credits		(412	)		(306	)
Goodwill impairment		4,814			-
Unrecognized tax benefits		9			158
Stock compensation		(93	)		(153	)
Rate changes		237			15
Deferred tax basis adjustments		(138	)		(111	)
Executive compensation		-			291
GILTI inclusion		1,220			284
FDII deduction		-			(74	)
Other, net		72			121
	$	(4,169	)	$	3,711

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

	2020			2019
Unrecognized tax benefits, beginning of year	$	938		$	816
Additions based on tax positions related to the prior year		17			31
Additions based on tax positions related to the current year		87			91
Reductions based on tax positions related to the prior year		(19	)		-
Subtractions due to statutes closing		(105	)		-
Unrecognized tax benefits, end of year	$	918		$	938