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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS )
12 Months Ended
Jun. 30, 2021
Stockholders' Equity Note [Abstract]  
Comprehensive Income (Loss) Note [Text Block]

NOTE 15. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

 

The following table presents changes in accumulated other comprehensive income (loss) by component:

 

(dollars in thousands)

 

Unrealized gains (losses) on available-for-sale investments

   

Foreign currency translation adjustment

   

Total

 

Balance at June 30, 2019

  $ -     $ (206 )   $ (206 )

Other comprehensive loss before reclassifications 1

    -       (26 )     (26 )

Amount reclassified from AOCI 1

    -       228       228  

Net other comprehensive income for 2020

    -       202       202  

Balance at June 30, 2020

    -       (4 )     (4 )

Other comprehensive income before reclassifications

    9,488       27       9,515  

Tax effect

    (1,992 )     -       (1,992 )

Amount reclassified from AOCI

    (1,180 )     -       (1,180 )

Tax effect

    248       -       248  

Net other comprehensive income for 2021

    6,564       27       6,591  

Balance at June 30, 2021

  $ 6,564     $ 23     $ 6,587  

 

1.         Amounts include no tax expense or benefit.