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Note 10 - Income Taxes (Tables) | 12 Months Ended
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Jun. 30, 2017
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|  | Year Ended June 30, |
|  | 2017 |  |  | 2016 |  |  | 2015 |
Earnings before income taxes consist of: |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  | $ | 81,721 |  |  | $ | 120,154 |  |  | $ | 121,765 |
Foreign |  |  | 30,240 |  |  |  | 27,327 |  |  |  | 32,397 |
|  | $ | 111,961 |  |  | $ | 147,481 |  |  | $ | 154,162 |
Taxes on income consist of: |  |  |  |  |  |  |  |  |  |  |  |
Currently payable: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 28,462 |  |  | $ | 34,805 |  |  | $ | 28,220 |
State |  |  | 4,051 |  |  |  | 2,958 |  |  |  | 6,165 |
Foreign |  |  | 8,212 |  |  |  | 7,579 |  |  |  | 10,704 |
Net deferred: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | (901 | ) |  |  | 1,906 |  |  |  | 4,401 |
State |  |  | (968 | ) |  |  | (428 | ) |  |  | 292 |
Foreign |  |  | (2,981 | ) |  |  | (3,815 | ) |  |  | (3,355 | )
Total tax expense |  | $ | 35,875 |  |  | $ | 43,005 |  |  | $ | 46,427 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | Year Ended June 30, |
|  | 2017 |  |  | 2016 |  |  | 2015 |
Income tax expense at federal statutory rate |  | $ | 39,186 |  |  | $ | 51,618 |  |  | $ | 53,957 |
State income taxes, net of federal benefit |  |  | 2,158 |  |  |  | 1,852 |  |  |  | 4,762 |
Qualified production activity deduction |  |  | (3,820 | ) |  |  | (3,932 | ) |  |  | (3,140 | )
Non-taxable gain on investment |  |  | - |  |  |  | - |  |  |  | (2,905 | )
Research and development tax credit |  |  | (1,519 | ) |  |  | (1,550 | ) |  |  | (912 | )
Contingent consideration adjustment |  |  | 4,541 |  |  |  | - |  |  |  | - |
Foreign tax rate differences |  |  | (5,143 | ) |  |  | (4,639 | ) |  |  | (4,059 | )
Other, net |  |  | 472 |  |  |  | (344 | ) |  |  | (1,276 | )
Income tax expense |  | $ | 35,875 |  |  | $ | 43,005 |  |  | $ | 46,427 |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | June 30 |
|  | 2017 |  |  | 2016 |
Inventory |  | $ | 9,415 |  |  | $ | 9,768 |
Net operating loss carryovers |  |  | 24,617 |  |  |  | 26,556 |
Tax credit carryovers |  |  | 6,386 |  |  |  | 3,197 |
Excess tax basis in equity investments |  |  | 4,381 |  |  |  | 4,544 |
Deferred compensation |  |  | 9,052 |  |  |  | 5,912 |
Net unrealized loss on available for sale investment |  |  | - |  |  |  | 329 |
Other |  |  | 9,937 |  |  |  | 7,421 |
Valuation allowance |  |  | (3,341 | ) |  |  | (7,201 | )
Net deferred tax assets |  |  | 60,447 |  |  |  | 50,526 |
Net unrealized gain on available-for-sale investments |  |  | (11,153 | ) |  |  | - |
Intangible asset amortization |  |  | (162,460 | ) |  |  | (107,200 | )
Depreciation |  |  | (5,628 | ) |  |  | (5,132 | )
Other |  |  | (1,802 | ) |  |  | (1,031 | )
Deferred tax liabilities |  |  | (181,043 | ) |  |  | (113,363 | )
Net deferred tax liabilities |  | $ | (120,596 | ) |  | $ | (62,837 | )

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
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