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Income Taxes (Tables) | 12 Months Ended
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Jun. 30, 2014
Income Tax Disclosure [Abstract] |
Schedule of Effective Income Tax and Tax Rate Reconciliation | The reconciliation of income tax computed for continuing operations at the U.S. federal statutory rates to income tax expense is:
|  | Year Ended June 30,
(dollars in thousands) |  | 2014 |  | % of Pretax |  | 2013 |  | % of Pretax |  | 2012 |  | % of Pretax
Tax expense (benefit) at statutory rate - continuing operations |  | $ | (421 | ) |  | 34.0 | % |  | $ | 24 |  |  | 34.0 | % |  | $ | 905 |  |  | 34.0 | %
Nondeductible gain on business combination |  | (99 | ) |  | 8.0 | % |  | — |  |  | — | % |  | — |  |  | — | %
Nondeductible membership dues |  | 25 |  |  | (2.0 | )% |  | 27 |  |  | 38.0 | % |  | 27 |  |  | 1.0 | %
Nondeductible meals and entertainment |  | 25 |  |  | (2.0 | )% |  | 44 |  |  | 62.0 | % |  | 41 |  |  | 1.5 | %
Other |  | (47 | ) |  | 3.8 | % |  | 5 |  |  | 7.0 | % |  | 51 |  |  | 1.9 | %
Total tax expense (benefit) - continuing operations |  | $ | (517 | ) |  | 41.8 | % |  | $ | 100 |  |  | 141.0 | % |  | $ | 1,024 |  |  | 38.4 | %
Components of Total Tax Expense (Benefit) | Components of total tax expense (benefit) are as follows:
|  | Year Ended June 30,
(dollars in thousands) |  | 2014 |  | 2013 |  | 2012
Continuing Operations |  |  |  |  |  |
Current tax expense (benefit) |  | $ | (904 | ) |  | $ | 91 |  |  | $ | 1,307 |
Deferred tax expense (benefit) |  | 387 |  |  | 9 |  |  | (283 | )
Total tax expense (benefit) - continuing operations |  | $ | (517 | ) |  | $ | 100 |  |  | $ | 1,024 |
Tax expense (benefit) - continuing operations |  | $ | (517 | ) |  | $ | 100 |  |  | $ | 1,024 |
Tax benefit - discontinued operations |  | (125 | ) |  | (85 | ) |  | (55 | )
Total tax expense (benefit) |  | $ | (642 | ) |  | $ | 15 |  |  | $ | 969 |
Deferred Assets and Liabilities using the Effective Statutory Tax Rate | The Company’s deferred assets and liabilities using the effective statutory tax rate (34 percent for 2014 and 2013) are as follows:
|  | Year Ended June 30,
(dollars in thousands) |  | 2014 |  | 2013
Book/tax differences in the balance sheet
Trading securities |  | 84 |  |  | 238 |
Prepaid expenses |  | (142 | ) |  | (152 | )
Accumulated depreciation |  | 120 |  |  | 85 |
Available-for-sale securities |  | (176 | ) |  | (55 | )
Equity method |  | — |  |  | (19 | )
Accrued expenses |  | 108 |  |  | 111 |
Stock-based compensation expense |  | 103 |  |  | 117 |
Tax Carryovers |  |  |  |
Capital loss carryover |  | 252 |  |  | 549 |
Charitable contributions carryover |  | 35 |  |  | 27 |
Valuation Allowance |  | (35 | ) |  | (27 | )
Net deferred tax asset |  | 349 |  |  | 874 |

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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/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
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- 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
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- 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
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