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INCOME TAXES
 9 Months Ended
Mar. 31, 2025
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 March 31,Nine Months Ended March 31,
2025202420252024
(Dollars in thousands)
Income tax benefit (expense)$1 $(54)$90 $201 
Effective tax rate(0.4)%(2.3)%6.2 %8.3 %
The recorded tax provision and effective tax rate for the three and nine months ended March 31, 2025, and 2024, 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, 2013, and 2016, respectively.