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Note 11 - Income Taxes
9 Months Ended
Mar. 31, 2014
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]

11)     Income Taxes


The Company's effective tax rate for the three months ended March 31, 2014 was 23.0% compared with 11.0% for the three months ended March 31, 2013. The lower effective tax rate in 2013 is primarily due to non-recurring tax benefits recorded discreetly in the prior year.


The Company's effective tax rate for the nine months ended March 31, 2014 was 25.6% compared with 25.3% for the nine months ended March 31, 2013.


In September 2013, the U.S. Department of the Treasury and the Internal Revenue Service released final regulations relating to guidance on applying tax rules to amounts paid to acquire, produce, or improve tangible personal property as well as rules for materials and supplies.   These final regulations will be effective for Standex's fiscal year ending June 30, 2015. The Company is currently assessing these rules and their impact to the financial statements, if any.