Clearfield, Inc. Annual report pursuant to Section 13 and 15(d)

Note D - Income Taxes (Details) - Income Tax Expense (Benefit) Components (USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Current:
Federal	$ 115,049	$ 180,706	$ 87,193
State	46,303	58,421	25,439
	161,352	239,127	112,632
Deferred:
Federal	2,903,110	2,455,015	(3,088,076)
State	116,516	109,030	(348,855)
	3,019,626	2,564,045	(3,436,931)
Income tax expense (benefit)	$ 3,180,978	$ 2,803,172	$ (3,324,299)

Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations.

Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations.

Amount of current state and local tax expense (benefit) pertaining to income (loss) from continuing operations.

Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations.

Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.

Amount of deferred state and local tax expense (benefit) pertaining to income (loss) from continuing operations.