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Note 13 - Income Taxes	9 Months Ended
Mar. 31, 2020
Notes to Financial Statements
Income Tax Disclosure [Text Block]	13) Income Taxes The Company's effective tax rate from continuing operations for the third quarter of 2020 was 21.6% compared with 33.1% for the prior year quarter. The effective tax rate in 2020 was lower due to a $0.7 million discrete tax benefit related to statutory settlement of an uncertain tax position along with withholding taxes included in the prior year for foreign repatriation, and a shift in geographic mix whereby we incurred higher profit before tax in the United States (a low tax jurisdiction), and comparatively lower income in the rest of the world. The Company's effective tax rate from continuing operations for the nine months ended March 31, 2020 was 22.7% compared with 28.3% for the prior year period. The effective tax rate for the year to date was lower due to the same statutory settlement benefit in addition to a $1.3 million gain on non-taxable life insurance proceeds received in fiscal year 2020. The Company has settled all issues related to its most recent audit by the IRS for the fiscal years ending June 30, 2016 and 2017, but has been unable to formally finalize the audit due to COVID-19 related delays.

Note 13 - Income Taxes

9 Months Ended

Mar. 31, 2020

13) Income Taxes

The Company's effective tax rate from continuing operations for the third quarter of 2020 was 21.6% compared with 33.1% for the prior year quarter. The effective tax rate in 2020 was lower due to a $0.7 million discrete tax benefit related to statutory settlement of an uncertain tax position along with withholding taxes included in the prior year for foreign repatriation, and a shift in geographic mix whereby we incurred higher profit before tax in the United States (a low tax jurisdiction), and comparatively lower income in the rest of the world.

The Company's effective tax rate from continuing operations for the nine months ended March 31, 2020 was 22.7% compared with 28.3% for the prior year period. The effective tax rate for the year to date was lower due to the same statutory settlement benefit in addition to a $1.3 million gain on non-taxable life insurance proceeds received in fiscal year 2020.

The Company has settled all issues related to its most recent audit by the IRS for the fiscal years ending June 30, 2016 and 2017, but has been unable to formally finalize the audit due to COVID-19 related delays.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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