Note 11 - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2018

Notes Tables

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

(In thousands)	2018			2017			2016
Components of income before income taxes:
United States	$	(23,332	)	$	3,080		$	14,004
Foreign		—			—			—
Income before income taxes	$	(23,332	)	$	3,080		$	14,004
Provision for income taxes:
Current
U.S. federal	$	922		$	800		$	5,056
State and local		35			59			582
Total current		957			859			5,638
Deferred		(4,748	)		(779	)		(1,116	)
Total provision for income taxes	$	(3,791	)	$	80		$	4,522

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

(In thousands)	2018			2017			2016
Reconciliation to federal statutory rate:
Federal statutory tax rate		27.6	%		34.0	%		35.0	%
State and local taxes, net of federal benefit		1.1			2.4			2.2
Federal and state tax credits		0.9			(5.3	)		(2.6	)
Valuation allowance		3.5			(18.9	)		—
Domestic production activities deduction		0.6			(4.1	)		(4.2	)
Uncertain tax position activity		0.4			(5.5	)		(0.6	)
Shared based compensation		(1.3	)		0.0			2.5
Tax rate changes		(14.2	)		—			—
Other		(2.3	)		—			—
Effective tax rate		16.3	%		2.6	%		32.3	%

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

(In thousands)	2018			2017
Uncertain tax positions	$	119		$	281
Reserves against current assets		1,348			584
Accrued expenses		2,028			3,357
Deferred compensation		402			925
Stock-based compensation		1,296			1,824
State net operating loss carryover and credits		2,194			1,853
Long term capital loss carryforward		2,555			3,703
Goodwill, acquisition costs and intangible assets		4,728			(502	)
U.S. Federal net operating loss carryover and credits		232			406
Deferred income tax asset before valuation allowance		14,902			12,431
Valuation allowance		(4,749	)		(5,556	)
Deferred income tax asset		10,153			6,875
Depreciation		(2,045	)		(3,515	)
Deferred income tax liability		(2,045	)		(3,515	)
Net deferred income tax asset	$	8,108		$	3,360

Summary of Income Tax Contingencies [Table Text Block]

(in thousands)	2018			2017			2016
Balance at beginning of the fiscal year	$	842		$	648		$	687
Decreases — tax positions in prior period		(185	)		(170	)		(161	)
Increases — tax positions in current period		41			50			122
Increases – tax positions in prior period		42			314			—
Settlements and payments		(4	)		—			—
Lapse of statute of limitations		—			—			—
Balance at end of the fiscal year	$	736		$	842		$	648