Income Taxes (Tables)

12 Months Ended

Jun. 30, 2015

The following table shows income tax expense (benefit) attributable to earnings before income taxes:

The differences between the statutory U.S. federal income tax rate and the effective tax rate were as follows:



Years ended June 30,	2015		2014		2013
U.S. statutory tax rate	35.0	%	35.0	%	35.0	%
State income taxes, less federal income tax benefits	2.9		2.2		3.0
Settlements - audits / tax litigation	(0.1	)	(0.3	)	(1.6	)
Restructuring of international operations	—		(2.5	)	—
Other	0.8		0.5		1.0
Effective income tax rate	38.6	%	34.9	%	37.4	%

The tax effects of temporary differences that gave rise to deferred tax assets and deferred tax liabilities were as follows:



June 30,	2015			2014
(In thousands)
Deferred tax assets
Accounts receivable allowances and return reserves	$	15,670		$	15,964
Compensation and benefits	35,850			34,320
Indirect benefit of uncertain state and foreign tax positions	9,925			10,875
All other assets	7,068			5,174
Total deferred tax assets	68,513			66,333
Valuation allowance	(1,808		)	(1,742		)
Net deferred tax assets	66,705			64,591
Deferred tax liabilities
Subscription acquisition costs	87,036			76,359
Accumulated depreciation and amortization	288,952			255,936
Deferred gains from dispositions	23,908			24,048
All other liabilities	6,842			4,907
Total deferred tax liabilities	406,738			361,250
Net deferred tax liability	$	340,033		$	296,659

A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows:



Years ended June 30,	2015			2014
(In thousands)
Balance at beginning of year	$	37,995		$	42,402
Increases in tax positions for prior years	—			327
Decreases in tax positions for prior years	(2,028		)	(699		)
Increases in tax positions for current year	5,686			5,756
Settlements	(1,853		)	(652		)
Lapse in statute of limitations	(3,881		)	(9,139		)
Balance at end of year	$	35,919		$	37,995