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Post-Retirement Benefits
3 Months Ended
Sep. 30, 2017
Compensation And Retirement Disclosure [Abstract]  
Post-Retirement Benefits

Note 14.

Post-Retirement Benefits

The Company has a pension plan (the “Swiss Plan”) covering employees of the Zurich, Switzerland subsidiary. Net periodic pension costs associated with the Swiss Plan included the following ($000):

 

 

 

Three Months Ended

 

 

 

September 30,

 

 

 

2017

 

 

2016

 

Service cost

 

$

952

 

 

$

897

 

Interest cost

 

 

107

 

 

 

40

 

Expected return on plan assets

 

 

(215

)

 

 

(181

)

Net amortization

 

 

105

 

 

 

(164

)

Net periodic pension costs

 

$

949

 

 

$

592

 

 

The Company contributed $0.9 million to the Swiss Plan during the three months ended September 30, 2017 and 2016. The Company currently anticipates contributing an additional estimated amount of approximately $2.8 million to the Swiss Plan during the remainder of fiscal year 2018.