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Income Taxes (Tables) | 12 Months Ended
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Jun. 30, 2022
Income Taxes |
Schedule of provision for income taxes | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year ended June 30,
​ |  | 2022 |  | 2021 |  | 2020
Current income taxes: |  | ​ |  |  | ​ |  |  | ​ |
Federal | ​ | $ | 2,161 | ​ | $ | 1,912 | ​ | $ | 1,765
State | ​ |  | 300 | ​ |  | 265 | ​ |  | 418
​ | ​ |  | 2,461 | ​ |  | 2,177 | ​ |  | 2,183
Deferred income tax provision | ​ |  | (214) | ​ |  | 337 | ​ |  | 78
Provision for income taxes | ​ | $ | 2,247 | ​ | $ | 2,514 | ​ | $ | 2,261
Schedule of effective income tax rate reconciliation | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2022 | ​ | ​ | 2021 |  | ​ | 2020 |
​ | ​ | ​ | ​ | ​ | % of | ​ | ​ | ​ | ​ | ​ | % of | ​ | ​ | ​ | ​ | ​ | % of | ​
​ | ​ | ​ | ​ | ​ | Pre-tax | ​ | ​ | ​ | ​ | ​ | Pre-tax | ​ | ​ | ​ | ​ | ​ | Pre-tax | ​
​ |  | Amount |  | Income |  | ​ | Amount |  | Income |  | ​ | Amount |  | Income |
Tax at Federal statutory rate | ​ | $ | 4,588 | ​ | 21.0 | % | ​ | $ | 3,765 | ​ | 21.0 | % | ​ | $ | 2,112 | ​ | 21.0 | %
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Increases (decreases) in taxes resulting from: |  | ​ |  |  |  |  | ​ | ​ |  |  |  | ​ | ​ | ​ |  |  |  | ​
Meals and entertainment |  | ​ | 29 |  | 0.1 | % | ​ | ​ | 29 |  | 0.2 | % | ​ | ​ | 44 |  | 0.4 | %
State income taxes, net of Federal income tax benefit |  | ​ | 238 |  | 1.1 | % | ​ | ​ | 135 |  | 0.8 | % | ​ | ​ | 122 |  | 1.2 | %
Foreign source income not subject to tax |  | ​ | (1,534) |  | (7.0) | % | ​ | ​ | (1,647) |  | (9.2) | % | ​ | ​ | (1,089) |  | (10.8) | %
R&D Credit |  | ​ | (554) |  | (2.5) | % | ​ | ​ | (523) |  | (2.9) | % | ​ | ​ | (523) |  | (5.2) | %
Foreign withholding tax |  | ​ | — |  | — | % | ​ | ​ | 205 |  | 1.1 | % | ​ | ​ | — |  | — | %
Non-taxable debt extinguishment |  | ​ | (820) |  | (3.8) | % | ​ | ​ | — |  | — | % | ​ | ​ | — |  | — | %
Uncertain Tax Positions |  | ​ | 20 |  | 0.1 | % | ​ | ​ | 312 |  | 1.7 | % | ​ | ​ | 775 |  | 7.7 | %
IRS examination settlements |  | ​ | — |  | — | % | ​ | ​ | — |  | — | % | ​ | ​ | 832 |  | 8.3 | %
Other, net |  | ​ | 280 |  | 1.3 | % | ​ | ​ | 238 |  | 1.3 | % | ​ | ​ | (12) |  | (0.1) | %
Effective tax rate | ​ | $ | 2,247 |  | 10.3 | % | ​ | $ | 2,514 |  | 14.0 | % | ​ | $ | 2,261 |  | 22.5 | %
Schedule of deferred tax assets and liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Deferred Tax Assets (Liabilities)
​ |  | 2022 |  | 2021
Accounts receivable | ​ | $ | 42 | ​ | $ | 43
Inventories | ​ |  | 413 | ​ |  | 314
Accrued liabilities | ​ |  | 454 | ​ |  | 374
Stock based compensation expense | ​ |  | 179 | ​ |  | 102
Intangibles | ​ |  | (615) | ​ |  | (454)
Property, plant and equipment | ​ |  | (582) | ​ |  | (539)
Revenue reserves | ​ |  | 466 | ​ |  | 393
Unrealized loss (gain) on marketable securities | ​ | ​ | 90 | ​ | ​ | ​
Other deferred tax liabilities | ​ |  | (613) | ​ |  | (613)
​ | ​ |  | (166) | ​ |  | (380)
Valuation allowance | ​ |  | — | ​ |  | —
Net deferred tax liabilities | ​ | $ | (166) | ​ | $ | (380)
Schedule of unrecognized tax benefits roll forward | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Tax |  | Interest |  | Total
Balance of gross unrecognized tax benefits as of June 30, 2019 | ​ | $ | 125 | ​ | $ | — | ​ | $ | 125
Increase to unrecognized tax benefits resulting from deemed dividends for investments in US property | ​ | ​ | 682 | ​ | ​ | 83 | ​ | ​ | 765
Increases to unrecognized tax benefits resulting from the generation of additional R&D credits | ​ |  | 59 | ​ |  | — | ​ |  | 59
Balance of gross unrecognized tax benefits as of June 30, 2020 | ​ | $ | 866 | ​ | $ | 83 | ​ | $ | 949
Decrease to unrecognized tax benefits from deemed dividends for investments in US property | ​ | ​ | (3) | ​ |  | (20) | ​ |  | (23)
Decrease to unrecognized tax benefits resulting from the release of R&D credits due to the settled IRS audit | ​ |  | (185) | ​ |  | — | ​ |  | (185)
Balance of gross unrecognized tax benefits as of June 30, 2021 | ​ | $ | 678 | ​ | $ | 63 | ​ | $ | 741
Increase to unrecognized tax benefits from deemed dividends for investments in US property | ​ |  | — | ​ |  | 25 | ​ |  | 25
Balance of gross unrecognized tax benefits as of June 30, 2022 | ​ | $ | 678 | ​ | $ | 88 | ​ | $ | 766

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