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Note 12 - Income Taxes (Tables) | 12 Months Ended
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Jun. 30, 2024
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
(In thousands) |  | 2024 |  |  | 2023 |
Components of income (loss) before income taxes: |  |  |  |  |  |  |  |
United States |  | $ | 32,295 |  |  | $ | 31,701 |
Foreign |  |  | 804 |  |  |  | 1,625 |
Income before income taxes |  | $ | 33,099 |  |  | $ | 33,326 |
Provision for income taxes |  |  |  |  |  |  |  |
U.S. Federal |  | $ | 6,909 |  |  | $ | 6,327 |
Foreign |  |  | (30 | ) |  |  | 325 |
State and local |  |  | 2,851 |  |  |  | 1,330 |
Total current |  | $ | 9,730 |  |  | $ | 7,982 |
Deferred |  |  | (1,608 | ) |  |  | (418 | )
Total provision for income taxes |  | $ | 8,122 |  |  | $ | 7,564 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
(In thousands) |  | 2024 |  |  | 2023 |
Reconciliation to federal statutory rate: |  |  |  |  |  |  |  |
Federal statutory rate |  |  | 21.0 |  |  |  | 21.0 |
State and local taxes, net of federal benefit |  |  | 4.2 |  |  |  | 2.9 |
Foreign operations |  |  | (0.5 | ) |  |  | 0.6 |
Federal tax credits |  |  | (1.1 | ) |  |  | (1.0 | )
Officer's Compensation |  |  | 1.9 |  |  |  | 1.0 |
Uncertain tax position activity |  |  | 0.5 |  |  |  | - |
Stock-based compensation |  |  | (2.3 | ) |  |  | (1.2 | )
Tax rate changes |  |  | - |  |  |  | (0.2 | )
Other |  |  | 0.8 |  |  |  | (0.4 | )
Effective tax rate |  |  | 24.5 |  |  |  | 22.7 |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
Components of deferred income tax assets and liabilities |  |  |  |  |  |  |  |
(In thousands) |  | 2024 |  |  | 2023 |
Uncertain tax positions |  | $ | 241 |  |  | $ | 185 |
Reserves against current assets |  |  | 1,408 |  |  |  | 1,255 |
Accrued expenses |  |  | 3,029 |  |  |  | 3,381 |
Deferred compensation |  |  | 2,008 |  |  |  | 1,459 |
Stock-based compensation |  |  | 1,859 |  |  |  | 1,680 |
Capitalized R&D |  |  | 1,985 |  |  |  | - |
State net operating loss carryover and credits |  |  | 120 |  |  |  | 140 |
Lease Liability |  |  | 4,187 |  |  |  | 2,397 |
Canadian NOL |  |  | 313 |  |  |  | 319 |
U.S. Federal net operating loss carryover and credits |  |  | 52 |  |  |  | 258 |
Deferred income tax asset before valuation allowance |  |  | 15,202 |  |  |  | 11,074 |
Valuation allowance |  |  | (108 | ) |  |  | (108 | )
Deferred income tax asset |  |  | 15,094 |  |  |  | 10,966 |
Goodwill, acquisition costs and intangible assets |  |  | (3,977 | ) |  |  | (3,749 | )
Depreciation |  |  | (2,048 | ) |  |  | (1,634 | )
Right of Use Asset |  |  | (4,149 | ) |  |  | (2,269 | )
Deferred income tax liability |  |  | (10,174 | ) |  |  | (7,652 | )
Net deferred income tax asset |  | $ | 4,920 |  |  | $ | 3,314 |
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
Uncertain tax positions |  |  |  |  |  |  |  |
(In thousands) |  | 2024 |  |  | 2023 |
Balance at the beginning of the fiscal year |  | $ | 656 |  |  | $ | 647 |
Decreases - tax positions in prior period |  |  | (63 | ) |  |  | (134 | )
Increase - tax positions in current period |  |  | 232 |  |  |  | 143 |
Balance at end of the fiscal year |  | $ | 825 |  |  | $ | 656 |

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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/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
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