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Note O - Income Taxes - Components of Net Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Jun. 30, 2024
Retirement plans and employee benefits $ 5,065 $ 4,683
Foreign tax credit carryforwards 9,639 8,347
Federal tax credits, net of ASU 2013-11 1,645 1,683
State net operating loss and other state credit carryforwards, net of ASU 2013-11 2,651 2,226
Federal net operating loss 0 4,042
Reserves 1,053 931
Inventories 1,138 93
Research & experimental expenditure capitalization 1,118 816
Foreign net operating loss carryforwards 450 52
Accruals 620 1,081
Right of use assets - operating leases 4,629 4,038
Disallowed interest 1,751 1,384
Capital loss carryforward 108 108
Translation adjustment 1,417 565
Other assets 298 108
Gross deferred tax assets 31,582 30,157
Valuation allowance (23,964) (24,035)
Deferred Tax Assets, Net of Valuation Allowance 7,618 6,122
Inventories 59 0
Property, plant and equipment 2,719 673
Intangible assets 1,058 1,010
Long term operating lease obligations 4,917 4,034
Hedging 11 445
Step-up on fair value adjustment 0 2,530
Other liabilities 362 431
Deferred Tax Liabilities, Gross 9,126 9,123
Total net deferred tax liabilities $ (1,508) $ (3,001)