Income Taxes

9 Months Ended

Mar. 31, 2012

Income Taxes [Abstract]

Income Taxes

NOTE 9. INCOME TAXES

     The pre-tax income (loss) from the Company's domestic and international operations consisted of the following for the three months ended March 31, 2012 and 2011:

(Amounts in thousands)	Three Months Ended
	March 31, 2012			March 31, 2011
Domestic pre-tax loss	$	(4,695	)	$	(11,375	)
Foreign pre-tax income		6,769			4,989
Total income (loss) before income taxes	$	2,074		$	(6,386	)
Effective tax rate		5.6	%		49.1	%

     The effective rate for the periods shown above were based on the Company's expectation of full year earnings contributions from its domestic and foreign operations, plus the impact of discrete items reported during each respective period. The effective tax rate in the current year period was lower as compared to the prior year period due to a shift in the ratio of earnings contributions between jurisdictions and additional net tax benefit adjustments recorded on a discrete basis in the current year period. The effective rate for the three months ended March 31, 2012 included discrete net tax benefit adjustments totaling $0.6 million, primarily related to changes in R&D tax credit estimates. The prior year effective tax rate included discrete tax adjustments totaling a net tax benefit of $0.5 million related to changes in estimates and tax rates for certain entities. The effective tax rate for the full fiscal year ended June 30, 2011 was 17.4%.

     The pre-tax income from our domestic and international operations consisted of the following for the nine months ended March 31, 2012 and 2011:

(Amounts in thousands)	Nine Months Ended
	March 31, 2012			March 31, 2011
Domestic pre-tax income	$	29,509		$	6,074
Foreign pre-tax income		40,580			39,296
Total income before income taxes	$	70,089		$	45,370
Effective tax rate		23.2	%		21.6	%

     The effective tax rate for periods shown above were based on the Company's expectation of full year earnings contributions from our domestic and foreign operations. Discrete items did not have a material impact on the effective tax rates for the nine months ended March 31, 2012 and 2011. The effective tax rate for the full fiscal year ended June 30, 2011 was 17.4%.