XML 133 R30.htm IDEA: XBRL DOCUMENT
v2.4.0.8

INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Jun. 01, 2013
Components of Income (Loss) Before Income Taxes | The components of income (loss) before income taxes are (in thousands):
|  | Fiscal Year Ended |
|  | June 1, 2013 |  |  | June 2, 2012 |  |  | May 28, 2011 |
United States |  | $ | (2,716 | ) |  | $ | 982 |  |  | $ | (947 | )
Foreign |  |  | 3,358 |  |  |  | 6,674 |  |  |  | 3,397 |
Income before income taxes |  | $ | 642 |  |  | $ | 7,656 |  |  | $ | 2,450 |
Reconciliation between Federal Statutory Tax Rate and Effective Tax Rate (Detail) | The provision for income taxes differs from income taxes computed at the federal statutory tax rate of 34% during fiscal 2013 and 2012 and 35% during fiscal 2011 as a result of the following items:
|  | Fiscal Year Ended |
|  | June 1, 2013 |  |  | June 2, 2012 |  |  | May 28, 2011 |
Federal statutory rate |  |  | 34.0 | % |  |  | 34.0 | % |  |  | 35.0 | %
Effect of: |  |  |  |  |  |  |  |  |  |  |  |
State income taxes, net of federal tax benefit |  |  | (14.5 | ) |  |  | 0.4 |  |  |  | (1.4 | )
Foreign income inclusion |  |  | 24.7 |  |  |  | 5.1 |  |  |  | 16.9 |
Foreign taxes at other rates |  |  | (44.6 | ) |  |  | (17.5 | ) |  |  | (13.0 | )
Other permanent tax differences |  |  | 3.2 |  |  |  | 1.2 |  |  |  | (3.9 | )
Tax reserves |  |  | (23.5 | ) |  |  | (1.6 | ) |  |  | (14.5 | )
Additional U.S. tax on undistributed foreign earnings |  |  | 33.8 |  |  |  | (25.4 | ) |  |  | — |
Net increase in valuation allowance for deferred tax assets |  |  | 18.1 |  |  |  | — |  |  |  | — |
Additional benefit for carryback of current year federal loss |  |  | (6.1 | ) |  |  | — |  |  |  | — |
Other |  |  | (0.2 | ) |  |  | (0.3 | ) |  |  | — |
Effective tax rate |  |  | 24.9 | % |  |  | (4.4 | )% |  |  | 19.1 | %
Provision (Benefit) for Income Taxes | The provision (benefit) for income taxes consists of the following (in thousands):
|  | Fiscal Year Ended |
|  | June 1, 2013 |  |  | June 2, 2012 |  |  | May 28, 2011 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | (974 | ) |  | $ | 950 |  |  | $ | (282 | )
State |  |  | 56 |  |  |  | 2 |  |  |  | (39 | )
Foreign |  |  | 970 |  |  |  | 1,156 |  |  |  | 789 |
Total current |  | $ | 52 |  |  | $ | 2,108 |  |  | $ | 468 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | (213 | ) |  | $ | (2,392 | ) |  | $ | — |
State |  |  | 151 |  |  |  | — |  |  |  | — |
Foreign |  |  | 170 |  |  |  | (50 | ) |  |  | — |
Total deferred |  | $ | 108 |  |  | $ | (2,442 | ) |  | $ | — |
Income tax provision (benefit) |  | $ | 160 |  |  | $ | (334 | ) |  | $ | 468 |
Significant Components of Deferred Tax Assets and Liabilities | Significant components are as follows (in thousands):
|  | Fiscal Year Ended |
|  | June 1, 2013 |  |  | June 2, 2012 |
Deferred tax assets: |  |  |  |  |  |  |  |
NOL carryforwards - foreign and domestic |  | $ | 3,086 |  |  | $ | 2,827 |
Inventory valuations |  |  | 935 |  |  |  | 1,031 |
Goodwill |  |  | 1,050 |  |  |  | 1,442 |
Severance reserve |  |  | 200 |  |  |  | 151 |
Foreign capital loss |  |  | 1,093 |  |  |  | 1,093 |
Other |  |  | 2,638 |  |  |  | 2,656 |
Subtotal |  | $ | 9,002 |  |  | $ | 9,200 |
Valuation allowance - foreign and domestic |  |  | (4,201 | ) |  |  | (3,787 | )
Net deferred tax assets after valuation allowance |  | $ | 4,801 |  |  | $ | 5,413 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Accelerated depreciation |  | $ | (309 | ) |  | $ | (312 | )
Tax on undistributed earnings |  |  | (6,820 | ) |  |  | (7,622 | )
Other |  |  | (1,065 | ) |  |  | (799 | )
Subtotal |  | $ | (8,194 | ) |  | $ | (8,733 | )
Net Deferred tax assets (liabilities) |  | $ | (3,393 | ) |  | $ | (3,320 | )
Supplemental disclosure of deferred tax assets (liabilities) information: |  |  |  |  |  |  |  |
Domestic |  | $ | (2,108 | ) |  | $ | (2,458 | )
Foreign |  | $ | 2,916 |  |  | $ | 2,925 |
Activity Related to Unrecognized Tax Benefits | The following table summarizes the activity related to the unrecognized tax benefits (in thousands):
|  | Fiscal Year Ended |
|  | June 1, 2013 |  |  | June 2, 2012 |
Unrecognized tax benefits, beginning of period |  | $ | 1,750 |  |  | $ | 2,034 |
Increase (decrease) due to currency translation |  |  | 2 |  |  |  | (36 | )
Increase in positions taken in prior period |  |  | — |  |  |  | — |
Decrease in positions taken in prior period |  |  | — |  |  |  | — |
Increase in positions taken in current period |  |  | 99 |  |  |  | — |
Decrease in positions due to settlements |  |  | (1,779 | ) |  |  | — |
Decrease related to the expiration of statute of limitations |  |  | (40 | ) |  |  | (248 | )
Unrecognized tax benefits, end of period |  | $ | 32 |  |  | $ | 1,750 |
Unrecognized Tax Benefits for Continuing and Discontinued Operations | Unrecognized tax benefits for continuing and discontinued operations are as follows (in thousands):
|  | Fiscal Year Ended |
|  | June 1, 2013 |  |  | June 2, 2012 |
Continuing operations |  | $ | 17 |  |  | $ | 358 |
Discontinuing operations |  |  | 15 |  |  |  | 1,392 |
|  | $ | 32 |  |  | $ | 1,750 |

X
- Definition Unrecognized Tax Benefits Table + References No definition available. + Details
Name: | rell_UnrecognizedTaxBenefitsTableTextBlock
Namespace Prefix: | rell_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 55 -Paragraph 217 -URI http://asc.fasb.org/extlink&oid=32707879&loc=d3e36027-109320 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=6907707&loc=SL6600010-109319 + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration