Note 11 - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2016

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

(In thousands)	201 6			2015			2014
Components of income before income taxes :
United States	$	14,004		$	7,697		$	3,121
Foreign		—			(183	)		(854	)
Income before income taxes	$	14,004		$	7,514		$	2,267
Provision for income taxes:
Current
U.S. federal	$	5,056		$	2,364		$	500
State and local		582			237			35
Foreign		—			(12	)		(54	)
Total current		5,638			2,589			481
Deferred		(1,116	)		(226	)		856
Total provision for income taxes	$	4,522		$	2,363		$	1,337

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

(In thousands)	201 6			2015			2014
Reconciliation to federal statutory rate:
Federal statutory tax rate		35.0	%		34.0	%		34.0	%
State and local taxes, net of federal benefit		2.2			2.4			6.9
Impact of foreign operations		0.0			0.7			1.2
Federal and state tax credits		(2.6	)		(3.7	)		(6.3	)
Goodwill		—			—			0.1
Valuation allowance		—			(3.8	)		30.8
Domestic production activities deduction		(4.2	)		(4.0	)		(2.8	)
Uncertain tax position activity		(0.6	)		(1.3	)		(11.3	)
Other		2.5			2.1			6.4
Sale of subsidiary		—			5.0			—
Effective tax rate		32.3	%		31.4	%		59.0	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(In thousands)	201 6			2015
Reserves against current assets	$	679		$	273
Accrued expenses		3,690			2,881
Goodwill, acquisition costs and intangible assets		—			255
Deferred compensation		842			791
Stock-based Compensation		1,473			1,213
State net operating loss carryover and credits		1,878			1,889
Long term capital loss carryforward		4,272			4,272
U.S. Federal net operating loss carryover and credits		456			506
Deferred income tax asset before valuation reserve		13,290			12,080
Valuation reserve		(6,150	)		(6,161	)
Deferred income tax asset		7,140			5,919
Depreciation		(4,270	)		(4,454	)
Goodwill, acquisition costs and intangible assets		(289	)		—
Deferred income tax liability		(4,559	)		(4,454	)
Net deferred income tax asset	$	2,581		$	1,465

Summary of Income Tax Contingencies [Table Text Block]

(in thousands)	201 6			2015			2014
Balance at beginning of the fiscal year	$	687		$	746		$	969
Decreases — tax positions in prior period		(161	)		(134	)		(225	)
Increases — tax positions in current period		122			75			2
Settlements and payments		—			—			—
Lapse of statute of limitations		—			—			—
Balance at end of the fiscal year	$	648		$	687		$	746