Benefit Plans (Tables)

12 Months Ended

Jun. 30, 2014

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Summary of changes in benefit obligations, plan assets and funded status for the post employment plans

The following table sets forth the changes in benefit obligations and plan assets during the year and the funded status for the post-employment plans at June 30:



	Pension Benefits						Retiree Health Care Benefits
	2014			2013			2014			2013
Change in benefit obligation:
Benefit obligation at beginning of the year	$	40,664		$	47,151		$	3,719		$	5,148
Service cost	77			78			48			80
Interest cost	1,180			1,260			139			188
Plan participants’ contributions	—			—			63			65
Benefits paid	(7,251		)	(6,183		)	(246		)	(254		)
Amendments	188			(17		)	—			(1,788		)
Actuarial (gain) loss during year	(300		)	(1,625		)	(933		)	280
Benefit obligation at end of year	$	34,558		$	40,664		$	2,790		$	3,719
Change in plan assets:
Fair value of plan assets at beginning of year	$	6,697		$	6,439		$	—		$	—
Actual gain (loss) on plan assets	763			424			—			—
Employer contributions	7,036			6,017			183			189
Plan participants’ contributions	—			—			63			65
Benefits paid	(7,251		)	(6,183		)	(246		)	(254		)
Fair value of plan assets at end of year	$	7,245		$	6,697		$	—		$	—
Funded status at end of year	$	(27,313	)	$	(33,967	)	$	(2,790	)	$	(3,719	)

Amounts Recognized in Consolidated Balance Sheet [Table Text Block]

The amounts recognized in the consolidated balance sheets and in accumulated other comprehensive income (loss) for the post-employment plans were as follows:



	Pension Benefits						Retiree Health Care Benefits
June 30,	2014			2013			2014		2013
Amounts recognized in the consolidated balance sheets:
Other current liabilities	$	6,390		$	6,666		$	220	$	220
Postemployment benefits	20,923			27,301			2,570		3,499
Net amount recognized	$	27,313		$	33,967		$	2,790	$	3,719
Amounts recognized in accumulated other comprehensive income (loss):
Net actuarial (loss) gain	$	(6,474	)	$	(7,732	)	$	960	$	65
Prior service cost	(293		)	(196		)	1,490		1,760
Total amounts recognized in accumulated other comprehensive (loss) income	$	(6,767	)	$	(7,928	)	$	2,450	$	1,825

Information for pension plans with projected benefit obligations in excess of plan assets

The following table provides information for pension plans with projected benefit obligations and accumulated benefit obligations in excess of plan assets:



	Pension Benefits
June 30,	2014		2013
Projected benefit obligations	$	34,558	$	40,664
Accumulated benefit obligations	34,558		40,664
Fair value of plan assets	7,245		6,697

Net periodic costs

The net periodic costs are as follows:



	Pension Benefits									Retiree Health Care Benefits
Year Ended June 30,	2014			2013			2012			2014			2013			2012
Service cost	$	77		$	78		$	289		$	48		$	80		$	30
Interest cost	1,180			1,260			2,047			139			188			237
Expected return on plan assets	(416		)	(403		)	(396		)	—			—			—
Recognized net actuarial loss (gain)	611			735			644			(38		)	(53		)	(72		)
Amortization of prior service cost	78			83			412			(271		)	107			139
Recognition of prior service cost upon plan curtailment	—			—			3,117			—			—			—
Net periodic cost	$	1,530		$	1,753		$	6,113		$	(122	)	$	322		$	334

Weighted-average actuarial assumptions used to determine benefit obligations and net periodic benefit cost

The weighted-average actuarial assumptions used to determine benefit obligations and net periodic benefit cost for the plans were as follows:



	Pension Benefits				Retiree Health Care Benefits
June 30,	2014		2013		2014		2013
Assumptions used to determine benefit obligations at year end:
Discount rate	2.8	%	3.0	%	3.8	%	4.0	%
Assumptions used to determine net periodic benefit cost:
Discount rate	3.0	%	2.8	%	4.0	%	4.0	%
Expected return on plan assets	7.0	%	7.0	%	N/A		N/A

One-Percentage Point Change in Assumed Health Care Cost Trend Rates

A one-percentage point change in the assumed health care cost trend rates would have had the following effects as of June 30, 2014 and for the year then ended:



	One-Percentage Point
	Increase		Decrease
Effect on total service and interest cost components of periodic expense	$	22	$	(19	)
Effect on post-retirement benefit obligation	288		(250		)

Defined Benefit Plan Asset Information

Following are the fair values and target allocation as of June 30:



	Target Allocation		Fair Value
			2014		2013
Asset Class:
Equity* securities (Level 1)	40 – 70%		$	3,813	$	3,189
Debt securities (Level 2)	20 – 50%		3,155		3,208
Other (Level 1)	0 – 20%		277		300
Total	100	%	$	7,245	$	6,697

Estimated future benefit payments

The following benefit payments, which reflect expected future service, as applicable, are expected to be paid in each of the next five years and in the aggregate for the subsequent five years:



During Fiscal Years	Pension Benefits		Retiree Health Care Benefits
2015	$	6,700	$	160
2016	5,600		180
2017	1,800		250
2018	2,300		320
2019	3,800		300
2020 through 2024	9,400		870