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Post-Retirement Benefits
9 Months Ended
Mar. 31, 2018
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

 

 

Nine Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Service cost

 

$

967

 

 

$

874

 

 

$

2,865

 

 

$

2,642

 

Interest cost

 

 

109

 

 

 

39

 

 

 

323

 

 

 

117

 

Expected return on plan assets

 

 

(218

)

 

 

(176

)

 

 

(646

)

 

 

(532

)

Net amortization

 

 

(150

)

 

 

(189

)

 

 

-

 

 

 

208

 

Net periodic pension costs

 

$

708

 

 

$

548

 

 

$

2,542

 

 

$

2,435

 

 

The Company contributed $0.9 and $2.8 million to the Swiss Plan during the three and nine months ended March 31, 2018, respectively, and $0.8 million and $2.6 million during the three and nine months ended March 31, 2017, respectively. The Company currently anticipates contributing an additional estimated amount of approximately $0.9 million to the Swiss Plan during the remainder of fiscal year 2018.