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Income Taxes
3 Months Ended
Sep. 30, 2019
Income Tax Disclosure [Abstract]  
Income Taxes

Note 6. Income Taxes

 

On a quarterly basis, the Company estimates its effective tax rate for the full fiscal year and records a quarterly income tax provision based on the anticipated rate. As the year progresses, the Company refines its estimate based on the facts and circumstances by each tax jurisdiction. Income tax expense was estimated at approximately $374,000, and the effective tax rate was 26.9% for the three months ended September 30, 2019. Income tax expense was estimated at $58,000 and the effective tax rate was 27.0% for the three months ended September 30, 2018.