Company: SXI
Filing Date: 2025-08-04
Form Type: 10-K
Source: 0001437749-25-024450
Chunk: 1075

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-08-04
Form: 10-K
Item: Item 6
Chunk 1075
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$11,084  $21,532  $24,796 

   A reconciliation from the U.S. Federal income tax rate on continuing operations to the total tax provision is as follows:

       2025    2024    2023  
 Provision at statutory tax rate   21.0%  21.0%  21.0%
 State taxes   -0.8%  0.4%  1.7%
 Impact of foreign operations   8.4%  3.3%  (2.6%)
 Federal tax credits   -6.8%  (3.0%)  (8.7%)
 Cash repatriation   4.3%  0.2%  1.0%
 SubF/GILTI   0.0%  0.0%  6.9%
 Uncertain Tax Positions   -13.3%  0.4%  (0.1)%
 Officers compensation   2.7%  4.0%  0.4%
 Share-based compensation   -1.3%  (4.0%)  (0.2%)
 Return to provision   1.0%  0.6%  (1.3%)
 Valuation allowance release   0.0%  0.6%  (3.1%)
 Tax expense on Procon Pumps disposal   0.0%  0.0%  0.2%
 Other   0.9%  (0.8%)  (0.1%)
 Effective income tax provision   16.1%  22.6%  15.1%

   Changes in the effective tax rates from period to period  may be significant as they depend on many factors including, but not limited to, size of the Company’s income or loss and any one-time activities occurring during the period. 
    
   The income tax provision from continuing operations for the fiscal year ended  June 30, 2025 was impacted by the following items: (i) a tax provision of $5.7 million due to the mix of income in various jurisdictions, (ii) tax benefits of $4.6 million related to foreign tax credits of $2.1 million, as well as Federal