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Income Taxes
3 Months Ended
Sep. 30, 2012
Income Taxes

L. Income Taxes

The Company recorded a tax benefit of $3,651 and tax expense of $1,314 for the three months ended September 30, 2012 and 2011, respectively, on a loss from continuing operations before taxes of $10,851 and income from continuing operations of $3,967 for the three months ended September 30, 2012 and 2011, respectively. Income tax benefit for the three months ended September 30, 2012 differed from the federal statutory rate primarily due to the impact of a Section 199 manufacturing deduction, state taxes and stock compensation. Income tax expense for the three months ended September 30, 2011 differed from the federal statutory rate primarily due to the impact of a Section 199 manufacturing deduction and research and development tax credits.

No material changes in the Company’s unrecognized tax positions occurred during the three months ended September 30, 2012. The Company does not expect there to be any material changes in its reserves for unrecognized tax benefits within the next 12 months.