INCOME TAXES

3 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

INCOME TAXES

INCOME TAXES:

 A summary of the income tax benefit (expense) and corresponding effective tax rates is as follows:

	Three Months Ended September 30,
	2023			2022
	(Dollars in thousands)
Income tax benefit (expense)	$	148		$	(28)
Effective tax rate	(14.1)		%	(1.5)		%

The recorded tax provision and effective tax rate for the three months ended September 30, 2023 and 2022 were different than what would normally be expected, primarily due to the impact of the deferred tax valuation allowance.

With limited exceptions, due to net operating loss carryforwards, our federal, state and foreign tax returns are open to examination for all years since 2014, 2012 and 2016, respectively.