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Income Taxes
9 Months Ended
Mar. 27, 2016
Income Taxes  
Income Taxes

NOTE 8 – Income Taxes

 

On March 27, 2016 and June 30, 2015, the income tax receivable was $1.9 million and $0.6 million, respectively, which is included in other current assets.  The increase in the income tax receivable during the nine months ended March 27, 2016, was primarily associated with research and development tax credits and net operating loss carrybacks. 

 

The Company had unrecognized tax benefits for uncertain tax positions of $1.1 million and $0.9 million on March 27, 2016 and June 30, 2015, respectively, which are included in deferred income tax liabilities.  The increase in the unrecognized tax benefits during the nine months ended March 27, 2016, was primarily associated with U.S. Federal tax credits from a completed research and development study.