XML 22 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8

Income Tax (Tables)

12 Months Ended

Jun. 30, 2013

Income Tax:

Provision for income taxes from continuing operations

Provision for income taxes from continuing operations consists of the following (in thousands):

		Year Ended
		June 30,				June 24,
		2013				2012
Current - Federal		$	-			$	310
Current - State			33				26
Deferred - Federal			(555	)			67
Deferred - State			(4	)			16
Provision for income taxes		$	(526	)		$	419

Effective income tax rate reconciliation

The effective income tax rate varied from the statutory rate for the years ended June 30, 2013 and June 24, 2012 as reflected below (in thousands):

		June 30,				June 24,
		2013				2012
Federal income taxes based on 34%
of pre-tax income		$	(560	)		$	269
State income tax, net of federal effect			22				28
Permanent adjustments			13				127
Other			(1	)			(5	)
		$	(526	)		$	419

Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to the net deferred tax assets consisted of the following (in thousands):

		June 30,				June 24,
		2013				2012
Current
Reserve for bad debt		$	81			$	88
Deferred fees			52				62
Other reserves and accruals			749				625
Credit carryforwards			-				26
Net operating loss carryforwards			-				277
			882				1,078
Non Current
Credit carryforwards			129				-
Net operating loss carryforwards			300				-
Depreciable assets			(261	)			(699	)
Total gross deferred tax asset			1,050				379
Valuation allowance			-				-
Net deferred tax asset		$	1,050			$	379

X

- Details

Name:	fil_IncomeTaxAbstract
Namespace Prefix:	fil_
Data Type:	xbrli:stringItemType
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 tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

+ Details

Name:	us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the income tax exemptions and reductions which have been granted by taxing authorities for a specified period, applicable term of the exemptions and reductions, estimated dollar value of tax benefits, and per share benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 11.C)

-URI http://asc.fasb.org/extlink&oid=34349781&loc=d3e330215-122817



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 25

-Paragraph 35

-URI http://asc.fasb.org/extlink&oid=29652012&loc=d3e28937-109314



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 11

-Section C

+ Details

Name:	us-gaap_SummaryOfIncomeTaxHolidayTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration