Quarterly report [Sections 13 or 15(d)]

Income Taxes (Tables)

v3.25.3
Income Taxes (Tables)
3 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Net (Loss) Income from Operations before Provision for Income Taxes

Net (loss) income from operations before provision for income taxes is shown below (in thousands):

 

 

 

 

Three Months Ended September 30,

 

 

 

 

2025

 

 

2024

 

U.S.

 

 

$

(1,206

)

 

$

9,374

 

Foreign

 

 

 

895

 

 

 

799

 

 

 

$

(311

)

 

$

10,173

 

Provision for Income Tax Expense by Jurisdiction and Effective Tax Rate

The Company files a consolidated federal income tax return based on a June 30 tax year end. The provision for income tax expense by jurisdiction and the effective tax rate are shown below (in thousands):

 

 

 

 

Three Months Ended September 30,

 

 

 

 

2025

 

 

2024

 

Current:

 

 

 

 

 

 

 

Federal

 

 

$

(90

)

 

$

1,325

 

State and local

 

 

 

26

 

 

 

154

 

Foreign

 

 

 

724

 

 

 

276

 

 

 

$

660

 

 

$

1,755

 

 

 

 

 

 

 

 

Effective income tax rate

 

 

 

-212.2

%

 

 

17.3

%