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Income Taxes
3 Months Ended
Sep. 30, 2012
Income Taxes [Abstract]  
Income Taxes

Note 8 –Income Taxes

Accrued Federal and state income taxes included in accrued liabilities were $12.4 million and $0 at September 30, 2012 and June 30, 2012, respectively.  The increase was due to the timing of tax payments.

The gross tax contingency reserve at September 30, 2012 was approximately $2.0 million and consisted of tax liabilities of approximately $1.0 million and penalties and interest of approximately $1.0 million. We classified approximately $0.2 million of the gross tax contingency reserve as current liabilities as these amounts are expected to be resolved within the next 12 months. The remaining liability of approximately $1.8 million was included in other noncurrent liabilities. We expect that the amount of these liabilities will change within the next 12 months; however, we do not expect the change to have a significant effect on our financial position or results of operations. We recognize interest and penalties related to these tax liabilities in income tax expense.