Note N - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2021

Notes Tables

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

	2021			2020
United States	$	(15,925	)	$	(29,332	)
Foreign		6,086			(14,408	)
	$	(9,839	)	$	(43,740	)

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

	2021			2020
Currently payable:
Federal	$	28		$	(149	)
State		49			30
Foreign		1,948			4,022
		2,025			3,903
Deferred:
Federal		15,554			(5,673	)
State		2,341			(860	)
Foreign		(240	)		(1,539	)
		17,655			(8,072	)
	$	19,680		$	(4,169	)

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

	2021			2020
Deferred tax assets:
Retirement plans and employee benefits	$	4,584		$	7,934
Foreign tax credit carryforwards		7,609			7,429
Federal tax credits		1,801			1,585
State net operating loss and other state credit carryforwards		2,208			1,696
Federal net operating loss		6,506			1,607
Inventory		-			205
Reserves		1,670			1,056
Foreign NOL carryforwards		66			555
Accruals		871			823
Right of use assets - operating leases		3,674			3,920
Disallowed interest		982			418
Disallowed PPP expenses		-			1,320
Other assets		1,033			832
		31,004			29,380
Valuation allowance		(24,420	)		-
		6,584			29,380
Deferred tax liabilities:
Inventory		480			-
Property, plant and equipment		1,852			3,231
Intangibles		2,982			3,306
Long term operating lease obligations		3,622			3,855
Other liabilities		182			44
		9,118			10,436
Total net deferred tax (liabilities) assets	$	(2,534	)	$	18,944

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

	2021			2020
U.S. federal income tax at 21%	$	(2,066	)	$	(9,185	)
Increases (reductions) in tax resulting from:
Foreign tax items		552			236
State taxes		(440	)		(716	)
Change in prior year estimate		(1,138	)		(213	)
Nondeductible PPP loan expenses		(1,722	)		-
Research and development tax credits		(336	)		(412	)
Goodwill impairment		-			4,814
Unrecognized tax benefits		59			9
Stock compensation		252			(93	)
Rate changes		18			237
Deferred tax basis adjustments		42			(138	)
GILTI inclusion		-			1,220
Valuation allowance		24,420			-
Other, net		39			72
	$	19,680		$	(4,169	)

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

	2021			2020
Unrecognized tax benefits, beginning of year	$	918		$	938
Additions based on tax positions related to the prior year		-			17
Additions based on tax positions related to the current year		66			87
Reductions based on tax positions related to the prior year		(21	)		(19	)
Subtractions due to statutes closing		-			(105	)
Settlements with taxing authorities		(185	)		-
Unrecognized tax benefits, end of year	$	778		$	918