Note O - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2025

Notes Tables

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

	2025			2024
United States	$	(12,329	)	$	(6,213	)
Foreign		14,098			21,580
	$	1,769		$	15,367

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

	2025			2024
Currently payable:
Federal	$	(32	)	$	7
State		62			66
Foreign		4,919			4,608
		4,949			4,681
Deferred:
Federal	$	-		$	10
State		(289	)		(2	)
Foreign		(1,292	)		(568	)
		(1,581	)		(560	)
	$	3,368		$	4,121

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

	2025			2024
Deferred tax assets:
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		-			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
		31,582			30,157
Valuation allowance		(23,964	)		(24,035	)
	$	7,618		$	6,122

Deferred tax liabilities:
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		-			2,530
Other liabilities		362			431
		9,126			9,123
Total net deferred tax liabilities	$	(1,508	)	$	(3,001	)

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

	2025			2024
U.S. federal income tax at 21%	$	371		$	3,227
Increases (reductions) in tax resulting from:
US Foreign inclusion items		902			463
Foreign rate differences		361			555
Foreign permanent items		336			127
Foreign prior period adjustments		(79	)		118
Foreign other		5			3
Foreign bargain purchase gain		-			(782	)
Foreign tax ruling		-			(786	)
Foreign uncollectible tax receivable		-			238
State taxes		(242	)		(144	)
Change in prior year estimate		61			96
Research & development tax credits		(107	)		(47	)
Foreign tax credits		-			(480	)
Unrecognized tax benefits		-			3
Stock compensation		155			(445	)
Deferred tax basis adjustments		1,990			132
Executive compensation		372			471
FDII Deduction		(8	)		-
Valuation Allowance		(827	)		1,110
Other, net		78			262
	$	3,368		$	4,121

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

	2025			2024
Unrecognized tax benefits, beginning of year	$	766		$	774
Additions based on tax positions related to the prior year		95			-
Additions based on tax positions related to the current year		38			8
Reductions based on tax positions related to the prior year		(28	)		(16	)
Subtractions due to statues closing		(227	)		-
Unrecognized tax benefits, end of year	$	644		$	766