XML 26 R12.htm IDEA: XBRL DOCUMENT v3.24.0.1
INCOME TAXES
 6 Months Ended
Dec. 31, 2023
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES:
 A summary of the income tax benefit (expense) and corresponding effective tax rate is as follows:
Three Months Ended December 31,Six Months Ended December 31,
_______________________________________________________________________________2023202220232022
(Dollars in thousands)
Income tax benefit (expense)$107 $— $255 $(28)
Effective tax rate (1)9.6 %— %398.4 %(0.6)%
(1)The recorded tax provision and effective tax rate for the three and six months ended December 31, 2023 and 2022 were different than what would normally be expected, due to the impact of the deferred tax valuation allowance in addition to the impact of a one-time tax benefit in fiscal year 2024 recognized as a result of an income tax audit of foreign subsidiaries.

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.