text: Consolidated Balance Sheets 
  
  Significant components of the Company’s net deferred tax assets are as follows: 
  
  June 30, 
  
  Deferred tax assets: 
  
  Compensation liabilities not currently deductible 
  
  Expenses and reserves not currently deductible 
  
  Goodwill and intangibles 
  
  Net operating loss carryforwards (expiring in years 2015-2027) 
  
  Foreign tax credits (expiring in years 2020 and 2022) 
  
  Other 
  
  Total deferred tax assets 
  
  Less: Valuation allowance 
  
  Deferred tax assets, net of valuation allowance 
  
  Deferred tax liabilities: 
  
  Inventories 
  
  Unremitted foreign earnings 
  
  Depreciation and differences in property bases 
  
  Total deferred tax liabilities 
  
  Net deferred tax assets 
  
  The net deferred tax asset is classified as follows: 
  Other current assets 
  
  Deferred tax assets (long-term) 
  
  Other liabilities 
  
  Net deferred tax assets 