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Income Taxes (Tables)
12 Months Ended
Jun. 30, 2022
Income Taxes  
Schedule of income (loss) before income taxes

For the Year Ended June 30

    

2022

    

2021

    

2020

Domestic

$

27,695

$

12,684

$

(3,142)

Foreign

 

44,632

 

53,784

 

58,654

Income before income taxes

$

72,327

$

66,468

$

55,512

Schedule of components of the provision for income taxes

For the Year Ended June 30

    

2022

    

2021

    

2020

Current provision (benefit):

 

  

 

  

 

  

Federal

$

4,874

$

99

$

(1,271)

State and local

 

1,468

 

887

 

401

Foreign

 

17,613

 

13,280

 

14,705

Total current provision

 

23,955

 

14,266

 

13,835

Deferred provision (benefit):

 

 

 

  

Federal

 

(75)

 

291

 

5,226

State and local

 

251

 

(110)

 

696

Foreign

 

23

 

(2,663)

 

218

Change in valuation allowance–foreign

 

(1,002)

 

299

 

1,985

Total deferred provision (benefit)

 

(803)

 

(2,183)

 

8,125

Provision for income taxes

$

23,152

$

12,083

$

21,960

Schedule of reconciliations of the Federal statutory rate to the Company's effective tax rate

For the Year Ended June 30

    

2022

    

2021

    

2020

Federal income tax rate

 

21.0

%  

21.0

%  

21.0

%  

State and local taxes, net of federal benefit

 

2.0

0.8

1.7

Foreign income tax rates

 

4.9

4.2

3.6

Changes in uncertain tax positions

4.4

(6.8)

5.2

Global Intangible Low-Taxed Income

 

0.3

1.3

6.2

Recognition of federal and foreign tax credits

(0.9)

(2.1)

(0.9)

Change in valuation allowance

(1.4)

0.5

3.6

Foreign derived intangible income

(2.1)

Other

 

3.8

(0.7)

(0.8)

Effective tax rate

 

32.0

%  

18.2

%  

39.6

%

Schedule of the tax effects of significant temporary differences that comprise deferred tax assets and liabilities

As of June 30

    

2022

    

2021

Deferred tax assets:

Employee-related accruals

$

6,879

$

6,337

Inventory

 

2,288

 

2,094

Environmental remediation

 

751

 

765

Net operating loss carry forwards–domestic

 

1,323

 

1,522

Net operating loss carry forwards–foreign

 

4,348

 

5,517

Operating lease liabilities

7,639

8,312

Other

(1,066)

 

4,672

 

22,162

 

29,219

Valuation allowance

 

(2,618)

 

(3,709)

 

19,544

 

25,510

Deferred tax liabilities:

 

 

Property, plant and equipment and intangible assets

(7,187)

(7,550)

Operating lease ROU assets

(7,489)

(8,251)

Other

 

(24)

 

(793)

 

(14,700)

 

(16,594)

Net deferred tax asset

$

4,844

$

8,916

Schedule of deferred taxes included in the line items of the consolidated balance sheets

As of June 30

    

2022

    

2021

Other assets

$

5,849

$

9,861

Other liabilities

 

(1,005)

 

(945)

$

4,844

$

8,916

Schedule of the valuation allowance for deferred tax assets

As of June 30

    

2022

    

2021

    

2020

Balance at beginning of period

$

3,709

$

3,403

$

808

(Benefit) provision for income taxes

(1,091)

 

306

 

2,595

Balance at end of period

$

2,618

$

3,709

$

3,403

Schedule of the reconciliation of the beginning and ending amount of unrecognized tax benefits

As of June 30

    

2022

    

2021

    

2020

Unrecognized tax benefits–beginning of period

$

5,311

$

9,507

$

6,343

Tax position changes–current period

 

5,333

 

1,873

 

2,850

Tax position changes–prior periods, including settlements with tax authorities

 

(1,175)

 

(5,354)

 

108

Lapse of statute of limitations

 

(1,071)

 

(1,109)

 

Effect of changes in exchange rates

 

(566)

 

394

 

206

Unrecognized tax benefits–end of period

 

7,832

 

5,311

 

9,507

Interest and penalties–end of period

 

427

 

391

 

969

Total liabilities related to uncertain tax positions

$

8,259

$

5,702

$

10,476