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Note 11 - Income Taxes - Deferred Income Taxes (Liabilities) (Details) - USD ($)
$ in Thousands
Jun. 30, 2018
Jun. 30, 2017
Inventories $ 1,214 $ 1,753
Employee benefits (other than pension) 700 807
Book reserves 504 725
Federal NOL, various carryforward periods 551 154
State NOL, various carryforward periods 1,034 786
Foreign NOL, various carryforward periods 148 452
Foreign tax credit carryforward, expiring 2018 – 2027 5,563 4,222
Pension benefits 8,881 16,074
Retiree medical benefits 1,622 2,679
Depreciation 113 134
Intangibles (410) (269)
Federal research and development and AMT credit carryforward 638 545
Other 1,180 892
Total deferred tax assets 21,738 28,954
Valuation allowance (4,999) (2,922)
Net deferred tax asset $ 16,739 $ 26,032